Published

2 years ago

March 17, 2024

Alice Rush

Economic Viability of Sustainable Energy for Long-Term Financial Sustainability

Introduction Economic Viability

As the world grapples with the dual challenges of climate change and the need for sustainable development, the economic viability of sustainable energy solutions has become a critical consideration.

Transitioning from traditional fossil fuel-based energy sources to sustainable alternatives can lead to long-term financial sustainability.

This article explores the economic benefits and viability of sustainable energy, highlighting its potential to drive economic growth, create jobs, and ensure long-term financial stability.

Outlook Economic Viability

1. Cost Reduction and Energy Savings:

Contrary to popular belief, sustainable energy technologies have become increasingly cost-competitive with conventional energy sources. The cost of renewable energy, such as solar and wind power, has significantly decreased over the years due to advancements in technology, economies of scale, and improved manufacturing processes. As a result, renewable energy is now often the most cost-effective option for new energy projects. Furthermore, sustainable energy solutions offer long-term energy savings, as they rely on free and abundant resources, reducing dependence on costly fossil fuels and their price fluctuations.

2. Job Creation and Economic Growth:

The transition to sustainable energy sources has the potential to generate significant economic benefits, including job creation and economic growth. According to the International Renewable Energy Agency (IRENA), the renewable energy sector employed over 12 million people worldwide in 2019, with the potential to reach 42 million jobs by 2050. Investing in renewable energy projects stimulates local economies, fosters innovation, and creates employment opportunities in manufacturing, installation, maintenance, and research and development. This job creation and economic growth contribute to long-term financial sustainability.

3. Diversification of Energy Sources and Energy Security:

Relying heavily on fossil fuels for energy production leaves economies vulnerable to price volatility and geopolitical tensions. Sustainable energy sources, on the other hand, offer a diversified and decentralized energy system, reducing dependence on imported fuels and enhancing energy security. By investing in domestic renewable energy resources, countries can reduce their exposure to global energy market fluctuations, ensuring a stable and secure energy supply for the long term.

4. Risk Mitigation and Resilience:

Climate change poses significant risks to economies, including increased frequency and severity of natural disasters, rising sea levels, and disruptions to agriculture and water resources. Sustainable energy solutions help mitigate these risks by reducing greenhouse gas emissions and minimizing the environmental impact of energy generation. By transitioning to sustainable energy, economies become more resilient, better prepared to adapt to climate change impacts, and less vulnerable to costly damages and disruptions caused by extreme weather events.

5. Financial Incentives and Support:

Governments, international organizations, and financial institutions are increasingly providing financial incentives and support for sustainable energy projects. These include tax credits, grants, low-interest loans, and feed-in tariffs. Such incentives help reduce the initial investment costs and improve the economic viability of sustainable energy solutions. Additionally, financial institutions are recognizing the value of sustainable investments, with an increasing number of funds and investors integrating environmental, social, and governance (ESG) factors into their decision-making processes. This growing support and financial backing contribute to the long-term financial sustainability of sustainable energy projects.

6. Innovation and Technological Advancements:

The pursuit of sustainable energy drives innovation and technological advancements. Ongoing research and development efforts in renewable energy technologies lead to continuous improvements in efficiency, storage capabilities, and grid integration. These advancements not only enhance the economic viability of sustainable energy but also create opportunities for new business models and emerging sectors, such as energy storage, smart grids, and electric mobility. Innovation in sustainable energy technologies ensures long-term financial sustainability by keeping energy costs low, improving performance, and fostering a competitive market.

The economic viability

The economic viability of sustainable energy is increasingly evident, with cost reductions, job creation, energy savings, and risk mitigation making it an attractive option for long-term financial sustainability. The transition to sustainable energy sources offers not only environmental benefits but also significant economic advantages, including job creation, economic growth, diversification of energy sources, risk mitigation, and financial incentives.

By embracing sustainable energy, countries can reduce their reliance on expensive fossil fuels, create jobs in the renewable energy sector, and stimulate economic growth. The declining costs of renewable energy technologies, coupled with energy savings over the long term, make sustainable energy solutions economically viable and attractive investments.

Diversifying energy sources through sustainable energy reduces

Diversifying energy sources through sustainable energy vulnerability to price fluctuations and geopolitical tensions associated with fossil fuel imports. It also enhances energy security by utilizing domestic renewable resources and promoting a decentralized energy system. This diversification ensures a stable and secure energy supply, contributing to long-term financial stability.

Moreover, sustainable energy solutions contribute to risk mitigation and resilience. By reducing greenhouse gas emissions and environmental impact, they help mitigate the risks of climate change and associated economic damages. Investing in sustainable energy technologies and infrastructure ensures that economies are better prepared to adapt to climate change impacts and reduces the costs and disruptions caused by extreme weather events.

Financial incentives and support from governments, international organizations, and financial institutions further enhance the economic viability of sustainable energy. These incentives, including tax credits, grants, and low-interest loans, lower the initial investment costs and facilitate the deployment of sustainable energy projects. The growing recognition of the value of sustainable investments by financial institutions and the integration of ESG factors in decision-making processes create additional opportunities for funding and support.

Innovation and technological advancements are integral to the economic viability of sustainable energy. Continued research and development efforts lead to improvements in efficiency, storage capabilities, and grid integration, making sustainable energy technologies more cost-effective and competitive. Innovation drives the emergence of new business models and sectors, fostering economic growth and ensuring long-term financial sustainability.

Conclusion Economic Viability

The economic viability of sustainable energy is increasingly apparent and offers numerous benefits for long-term financial sustainability.

From cost reduction and job creation to energy savings, risk mitigation, and financial incentives, sustainable energy solutions provide a pathway to economic growth, resilience, and a secure energy future. By embracing sustainable energy, countries can achieve both environmental and economic objectives, contributing to a more sustainable and prosperous future.

https://www.exaputra.com/2023/07/economic-viability-of-sustainable.html

Renewable Energy

Trump’s Agenda Is Even Far-Reaching Than People May Think

Published

12 hours ago

October 4, 2025

Alice Rush

As Trump’s former lawyer Ty Cobb says at left, in addition to turning the United Stated into an autocratic regime, at the same time, Trump needs to alter history such that future generations don’t think he did anything wrong.

Yes, he has his hands full, but he’s assisted by hundreds of traitors in congress, and hundreds of millions of hateful morons in the U.S. electorate.

Trump’s Agenda Is Even Far-Reaching Than People May Think

Renewable Energy

Victoria’s VEU Scheme Introduces New Solar Incentives for C&I Properties

Published

2 days ago

October 3, 2025

Alice Rush

Exciting opportunity alert for Victorian commercial and industrial sectors! A major energy incentive has
arrived!

The Victorian Energy Upgrades (VEU) program has just rolled out an exciting new activity offering, deemed solar incentives specifically for commercial and industrial (C&I) properties starting from 1 October 2025.

This means easier access to valuable rebates when you install solar systems, accelerating your journey to cleaner, more affordable energy.

Whether you run a factory, office, or retail space, this update could dramatically reduce upfront costs and boost your ROI on solar investments.

So, if you don’t want to miss this game-changing chance to power your business sustainably and save big, keep reading!

In this blog post:

Breaking Down the 2025 VEU Changes: Is Your Business Ready to Cash In?

Well, the main goal behind these new solar incentives is to help the commercial properties to reduce energy cost,
lower emissions and most importantly increase electrification in the
commercial sector.

It’s a part of a broader push by the Victorian Government to accelerate clean energy adoption in the Australian
C&I sector.

Through this program the government offers incentives of up to $35,000 that support the installation of solar PV
systems ranging from 30 kW to 200 kW across the non-residential premises.

Eventually, by generating Victorian Energy
Efficiency Certificates (VEECs) and combining them with STCs and LGCs, it aims to drive energy efficiency
across Victoria’s business sector.

What Are Deemed Solar Incentives?

“Deemed” solar incentives refer to rebates or energy certificates like VEECs that are calculated upfront based on estimated energy savings over the life of a solar PV system rather than measuring actual savings year by year.

In simple terms, in this incentive program, the government “deems” or assumes how much energy your solar system will save over time and rewards you right away with certificates (VEECs). You can then trade it for either cash or rebates.

How Do These Deemed VEECs Work?

When you install a solar PV system between 30 kW and 200 kW on a commercial or industrial property, the system is assigned a pre-calculated number of VEECs based on its size, expected performance, and energy offset.

These VEECs have a market value, and also the accredited companies, like Cyanergy, can create and trade them for you.

And the best part that creates a difference is that, through these deemed VEECs, we ensure you get substantial upfront savings without waiting years to prove the actual energy savings.

What Makes This a Big Win for C&I Businesses?

Easier application process.
No complicated monitoring is needed for rebates; here, the savings are estimated in advance.
Immediate financial benefit, as there is no waiting time needed for long-term performance data.
Stackable with other schemes, such as combining with STCs or LGCs, can bring you even bigger savings from your business.

Top 6 Benefits of Going Solar for C&I Premises

With the government-backed incentives like the VEU program, commercial and industrial (C&I) businesses have
several reasons to make the switch.

Here are the 6 key benefits:

Saves Energy Cost

Reduce your business’s electricity bills significantly by generating your own clean power. With VEU incentives, STCs,
and LGCs, upfront installation costs are lowered by up to 30–35%, delivering faster return on investment.

Ensure Energy Independence

Adding solar panels protects or shields your business from rising energy prices and grid instability. Incorporating
solar on your premises gives you greater control over your energy use and costs, especially for high-demand
operations.

Boost Your Business’s Sustainability & Reputation

Switching to solar directly supports Victoria’s clean energy and sustainability goals by reducing carbon emissions
and dependence on fossil fuels.

In Australia, more and more customers, clients, and stakeholders prefer doing business with companies that support
green initiatives.

So, by investing in solar, you’re not just cutting costs, you’re also enhancing your brand image, thus aligning with
corporate sustainability.

Future-Proof Your Business

Commercial solar systems (30 kW to 200 kW) can be custom-designed to match your building, energy usage, and
operational hours, ensuring maximum efficiency and savings.

It future-proofs your business by preparing for growing energy demands and regulations.

Increase Property Value

Installing solar can increase your property’s value and appeal, especially for leased commercial spaces and
industrial buildings that seek energy-efficient certifications.

Access to Multiple Rebates, More Savings!

C&I businesses can benefit from stacked government incentives, including VEU incentives up to $35,000, STCs for
systems under 100 kW and LGCs for systems over 100 kW.

How Much Can You Save With This New Activity?

Under the 2025 update, eligible businesses can receive VEU incentives of up to $35,000 just for going solar.

As mentioned earlier, these Victorian Energy Efficiency Certificates (VEECs) represent estimated energy savings and can be combined with other financial incentives, like:

Small-scale Technology Certificates (STCs)
Large-scale Generation Certificates (LGCs)

This stacking of incentives can significantly reduce the upfront cost of a solar installation. For larger system sizes, that’s more than 100kW, this rebate can reduce the price by 30 to 35% or more.

Let’s have a glimpse at the following tables for better understanding!

Small-Scale Commercial Solar Systems (<100 kW)

These are ideal for smaller commercial buildings, offices, and retail spaces looking to cut energy costs with a fast return on investment.

Small-scale systems allow you to stack VEU incentives and STC rebates for immediate savings, with simple installation and faster payback:

Large-Scale Commercial & Industrial Systems (≥100 kW)

These are designed for larger facilities like factories, warehouses, and multi-site operations. These systems deliver serious energy savings and qualify for LGCs in addition to VEECs.

Eligibility Criteria: Do You Qualify for the VEU Solar Incentives?

To qualify for these new VEU solar incentives, your commercial property must meet the eligibility criteria.

So, let’s dive into the requirement list and see how your business can make the most of this exciting new
opportunity:

Installation Date: Must start after September 29, 2025
System Size: Between 30 kW and 200 kW
Location: Non-residential premises only.

For example: warehouses, factories, retail stores, health care centers,
schools, universities, sports facilities or new commercial buildings

Accreditation: An accredited company must be engaged to create the certificates.

Special Requirements for Hardware:

Solar Panels and inverters must be approved by the Clean Energy Council.
The panels must have a minimum 10-year product warranty.
Inverters must have a minimum product warranty of 5 years.
For smaller systems under 100 kW, solar panel brands must participate in the Solar Panel Validation Initiative
(SPVI).
The system must include access to a monitoring portal or regular system performance reports.

Need Assistance? Cyanergy is Here to Help!

When it comes to navigating government incentives and getting the most value out of your solar investment, experience matters the most. And Cyanergy excels at it.

With 10+ years of experience and over 467 successful commercial projects, Cyanergy brings years of proven expertise in renewable energy and commercial solar solutions.

From warehouses and retail stores to offices and manufacturing facilities, we’ve helped many Australian businesses to transition faster to clean, cost-effective, and reliable energy.

Our team understands the unique energy demands of commercial and industrial operations and delivers customized solar systems that maximize savings and performance.

Ready to start your solar journey? Let’s talk.

Cyanergy will guide you through every step, making the process smooth, efficient, and profitable. For the latest updates on VEU programs, keep your eyes on the Cyanergy website!

The post Victoria’s VEU Scheme Introduces New Solar Incentives for C&I Properties appeared first on Cyanergy.

Victoria’s VEU Scheme Introduces New Solar Incentives for C&I Properties

Renewable Energy

Does Evil “Destroy Itself?”

Published

3 days ago

October 2, 2025

Alice Rush

What Aristotle said here is interesting, especially since there has been so must of both evil and good through the millennia. The days since Aristotle have been marked by the Golden Age of Rome (Pax Romana), the Dark Ages, the Spanish Inquisition, the Rennaissance, the Enlightenment, the end of slavery, the slaughter of the Native Americans, the post-Emancipation oppression of Black Americans, the Holocaust, and so many more major historical events.

It seems we’re just about to see what happens to the evil represented by Trump’s second term in office. It seems that the United States has re-elected a man to the highest position on Earth whose only interests are punishing his enemies, enriching himself from public office, further consolidating his power, and keeping himself out of prison.

Will this evil destroy itself?

Again, we’ll have to wait and see.