Renewable Energy & Utility Support
Oxford Study: Majority of Global Utilities Not Strongly Supporting Renewable Energy Source: Renewable Energy Stock Image Power Companies and the Fight Against Climate Change A new study by scientists at Oxford University in the UK suggests that power companies are very slow to support and utilize green, renewable energy sources like wind and solar power. In fact, of the 3,000 power utility companies around the world that the Oxford researchers studied, only 10% of the energy suppliers have prioritized renewables over fossil fuels. Many continue to invest in fossil fuels. The study concludes that utilities' slowness to embrace renewable energy sources is undermining the fight against Climate Change. Europe Coming on Green Europe is way ahead of the curve in using renewables. For instance, 40% of the United Kingdom's electricity is coming from wind and solar. But globally, many of the new wind and solar instillations are being built by independent producers not by utilitie