To help fight climate change and increase diversity among energy generation, nations across the world are investing in renewable energy.
With the onset of 2022 also came an energy crisis, which saw prices of natural gas and coal increase worldwide. Heightened cost of living expenses has ignited further conversation about the need for a diverse supply and home-grown generation.
For example, on 28 September 2022 the Premier of Queensland in Australia announced a plan to build the biggest hydroelectricity scheme in the world with two new pumped hydro dams to be operational by 2035.1 The Australian Federal Government introduced the Climate Change Bill 2022, which will reduce emissions to net zero before 2050 by investing heavily in renewable energy.2
It’s a similar story in North America. Canada’s plan for net-zero by 2050 relies on clean electricity and other types of clean fuel such biofuels and hydrogen, which Canada is investing in heavily to meet their energy and climate goals.3 In January 2022, the President of the United States announced a plan to invest in wind, solar and other clean energy projects, with America’s plan focusing on offshore wind power.4
It’s very apparent that energy is a critical topic of discussion these days given climate change and the energy crisis, so we decided to see how people’s bills have changed in recent times and to gauge their sentiment on the types of energy used.