Interesting read! Also regulations like CSRD and other ESG regulations are bringing much needed capital to Solar energy. Exciting times ahead for renewable energy and AI enthusiasts!
Thanks, definitely! Regulations like the CSRD and broader ESG frameworks are pivotal in driving capital towards renewable energy, particularly solar. These shifts go beyond mere compliance—they’re about reshaping corporate behavior and directing investments towards a sustainable future.
The intersection of AI and ESG, especially under frameworks like CSRD, is incredibly promising. AI’s capacity to deliver real-time data analysis and predictive insights can elevate the quality and transparency of sustainability reporting. This not only helps companies more effectively meet their ESG targets but also attracts investment that’s aligned with sustainable, long-term growth.
These are indeed exciting times for anyone passionate about renewable energy and AI! I’m curious—how do you envision AI’s role evolving within these regulatory frameworks? Looking forward to your thoughts!
When it comes to CSRD and other such regulations these are pivotal to the success of Renewable energy push. Many companies to meet there emissions targets are now days financing Solar/wind plants. This is done when a company buys a Virtual power purchase agreement (vPPA) from an under construction Solar plant which entitles the company to show the electricity produced by solar plant as "Green Energy", thus the company can claim in its annual report to stakeholders that it is "Net Zero" when it comes to emissions. This ways new wind , hydro and solar plants are being constructed across europe with minimal government intervention.
I completely agree with you AI will help drive the implementation of these compliances and also help the regulators and auditors check the authenticity of initiatives above like vPPA. AI can also help make estimates (example what is the yield a solar power plant) which are very important to implement the above regulations.
We have just started on this journey and I think we have a long way to go!! I am super excited about it :)
Briefly: CSRD stands for the Corporate Sustainability Reporting Directive. It's a regulation in the European Union that requires large companies to provide detailed reports 😊
This is exactly the kind of task AI could help with right now, interpreting current regulations helping people make sense for different areas, creating or generating reports etc.
Interesting read! Also regulations like CSRD and other ESG regulations are bringing much needed capital to Solar energy. Exciting times ahead for renewable energy and AI enthusiasts!
Thanks, definitely! Regulations like the CSRD and broader ESG frameworks are pivotal in driving capital towards renewable energy, particularly solar. These shifts go beyond mere compliance—they’re about reshaping corporate behavior and directing investments towards a sustainable future.
The intersection of AI and ESG, especially under frameworks like CSRD, is incredibly promising. AI’s capacity to deliver real-time data analysis and predictive insights can elevate the quality and transparency of sustainability reporting. This not only helps companies more effectively meet their ESG targets but also attracts investment that’s aligned with sustainable, long-term growth.
These are indeed exciting times for anyone passionate about renewable energy and AI! I’m curious—how do you envision AI’s role evolving within these regulatory frameworks? Looking forward to your thoughts!
When it comes to CSRD and other such regulations these are pivotal to the success of Renewable energy push. Many companies to meet there emissions targets are now days financing Solar/wind plants. This is done when a company buys a Virtual power purchase agreement (vPPA) from an under construction Solar plant which entitles the company to show the electricity produced by solar plant as "Green Energy", thus the company can claim in its annual report to stakeholders that it is "Net Zero" when it comes to emissions. This ways new wind , hydro and solar plants are being constructed across europe with minimal government intervention.
I completely agree with you AI will help drive the implementation of these compliances and also help the regulators and auditors check the authenticity of initiatives above like vPPA. AI can also help make estimates (example what is the yield a solar power plant) which are very important to implement the above regulations.
We have just started on this journey and I think we have a long way to go!! I am super excited about it :)
Thanks for your kind comments!
Whats CSRD btw?
Briefly: CSRD stands for the Corporate Sustainability Reporting Directive. It's a regulation in the European Union that requires large companies to provide detailed reports 😊
This is exactly the kind of task AI could help with right now, interpreting current regulations helping people make sense for different areas, creating or generating reports etc.
I have a series on my substack on CSRD- Link below: https://www.esg.observer/p/episode-1-launching-the-series-navigating. May be this helps explain the concepts.