As Europe forges ahead in the green revolution and renewable energy, we’ve gathered insights from top executives on the renewable energy investments they deem crucial. From championing geothermal for stable energy to investing in wind for a greener future, here are the top five recommendations from CEOs and COOs on the energy sources that should take precedence.

• Champion Geothermal for Stable Energy
• Solar Power: A Balanced Investment
• Hydrogen: Versatile Energy Carrier
• Wave Energy: Harnessing Ocean Power
• Invest in Wind for a Greener Future

Champion Geothermal for Stable Energy

Andrew Van Noy, Founder & CEO, DeepPower, Inc

European countries are making significant strides in renewable energy, but geothermal still needs to be utilized more. Geothermal power plants harness the Earth’s heat from within, providing a consistent and reliable source of clean energy. This form of renewable energy is not dependent on weather conditions, making it a stable and resilient choice for sustainable power generation.

Furthermore, Europe boasts vast untapped geothermal potential, particularly in regions with active geological features. Investing in geothermal energy infrastructure would reduce greenhouse gas emissions, create jobs, and stimulate economic growth. It’s a sustainable choice that complements the continent’s commitment to combat climate change while promoting energy security and independence.

Solar Power: A Balanced Investment

Robert Roth, CEO, Quote For Solar Group, Inc.

As the CEO of a solar-focused company, I advocate for a balanced approach to renewable energy investment in European countries, with a particular emphasis on maximizing the potential of solar power.

While solar energy offers undeniable advantages in terms of scalability and accessibility, its integration with other renewable sources, like wind, can further enhance energy security and grid stability.

By strategically leveraging solar energy alongside wind and other renewables, European nations can create a more resilient and diversified energy landscape, reducing dependence on fossil fuels and accelerating the transition to a sustainable future.

This holistic approach not only amplifies the benefits of solar but also fosters innovation and collaboration across the renewable energy sector, driving meaningful progress toward a greener and more prosperous society.

Hydrogen: Versatile Energy Carrier

Neil Hodgson-Coyle, COO, TechNews180

Hygen is a renewable energy source that European countries should invest more in due to its versatility and potential to decarbonize various sectors of the economy. We recognize hydrogen as a clean energy carrier that can be produced from renewable sources like wind and solar power through electrolysis.

The key advantage of hydrogen lies in its ability to store and transport energy efficiently, making it suitable for applications ranging from transportation and heating to industrial processes. By investing in hydrogen infrastructure and technologies, European countries can reduce their reliance on fossil fuels, lower greenhouse gas emissions, and accelerate the transition to a sustainable energy future.

Wave Energy: Harnessing Ocean Power

Lucas Riphagen, Co-owner, TriActiveUSA

I’ve always been a proponent of harnessing the power of nature in sustainable ways, which is why I firmly believe European countries should invest more in wave energy. From my personal experience running an outdoor gym equipment business, I’ve seen firsthand the untapped potential of natural forces.

Just as we use the wind to cool down or the sun to energize us during workouts, wave energy offers a constant and powerful source of renewable energy. On a trip to Portugal, I witnessed wave energy converters in action and was struck by their efficiency and minimal impact on the environment.

This experience convinced me that wave energy, with its reliability and abundance, especially around Europe’s vast coastlines, could play a crucial role in the continent’s energy transition.

Invest in Wind for a Greener Future

Michael Branover, Business Development Director, Branover Contractors Inc

Wind power is one renewable energy source that European countries need to think about investing in. Europe is a great place to use this plentiful resource because of its reputation for having steady, powerful winds. In addition to being a clean and sustainable energy source, wind power also reduces greenhouse gas emissions and fosters energy independence.

Furthermore, wind turbine technology has advanced to become more economical and efficient. By investing in wind power, European nations can lessen their dependence on fossil fuels, diversify their energy sources, and help create a more sustainable and greener future. Let the wind carry us toward a cleaner tomorrow.

Last Updated on February 26, 2024 by Mehar Jolly