There is a place where renewables are gaining the game left over fossil fuels: patents

Thanks to a new project of GLOBAL RENEWABLE Watch It can be observed The rise of renewable energiesspecifically, solar and wind. However, this considerable increase in clean sources has managed to displace fossil fuels, and much of this advance is due to technological patents.

The initiative. An analysis of the International Energy Agency (IEA) has detailed How renewable energy patents have increased 4.5 times faster in the last two decades, surpassing fossil fuel -based patents in number.

Global policies. This increase is observed in the growth of renewable capacity and the policies focused on the commitment to achieve the Carbon neutrality. According to the study, support with public policies and public and private financing have managed to reach 60,000 million dollars in large -scale technologies, but some of these projects face challenges such as inflation and political uncertainty.

A global movement. Now if you want to have a more open overview about which country has invested, the king is undoubtedly China. The country that has been leading the energy transition It has allocated half of its energy patents and more than 90% of its financing of risky capital to mass technologies, such as batteries and electrolyters. For its part, Europe follows a similar path, focusing on scale engineering projects and renewables have overcome coal. However, the United States has so far maintained a diversified portfolio that covers fossil energy technologies such as clean, but this can change the future By the current Trump administration.

Other emerging sources. An area that promises according to the study is hydrogen. Patents related to the production and use of this new source increased 47% in 2022, with an approach to industrial applications such as transport and manufacturing steel. Particularly, in Spain hydrogen is taking the front as A future gas source and be able to export it through Europe.

Future investment. From the study They have remarked The need to increase public investment in energy R&D, because currently the financing of the member countries of the IAE does not reach 0.04% of GDP. Researchers have pointed out that the future path is an international collaboration in development plus solutions. In addition, they have focused on other emerging technologies such as carbon capture and storage (CCS), intelligent electrical networks and the use of artificial intelligence (AI) in energy management.

But there is a bottleneck. On the one hand, long -term shortage of the strategic material supply chain and the lack of infrastructure in some countries. On the other hand, the withdrawal of some large -scale projects focused on clean sources, as the case of BP. Finally, in recent days a tariff war has begun by Trump, so It will be to see how markets open.

Image | Pxhere and Pexels

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