Indian Ferro Alloys Faces Numerous Challenges in 2024
Sustainable Construction to be Part of Clean Energy Transition
By Shubhendra Anand , 04 October, 2024
The construction sector significantly contributes to climate change. In 2024, specific changes in the market scenario will lead to a bounce back in the construction sector. The economic year 2024 will lead to easing inflation rates. It is the main cause of the construction sector in several countries. Developed nations like the United Kingdom will see positive construction domain recovery in 2024. Clean energy transition induces specific sustainable measures in construction technologies. It will enhance the structure to follow the clean energy trends in 2024. Experts suggest that clean energy initiatives in the construction domain will shape its future.
Recovery in the construction sector began from the onset of May 2024 as the inflation dries up gradually. According to surveys of 2024, commercial properties led the way for the upturn of events in construction that boosted its comeback. Data from the survey shows that commercial property sector growth is one of the significant factors behind the revival of the construction sector. Clean energy transition drives sustainability approaches in the buildings, too. Recently, research has shown that high-rise buildings storing energy is the new trend in the clean energy transition phenomenon. Renewables are an essential sector in the changing dynamics of the energy market. Hence, the construction sector boosts the inclusion of new trends in the energy market to attain sustainability.
In the United Kingdom, multiple incentives and investments are being made for the clean energy transition in the construction sector. The nation is adopting a clean growth strategy to reduce greenhouse gas emissions by up to 80 percent by the end of 2050. However, achieving this milestone may take many efforts, although the final result will be greener and more sustainable. The construction of green buildings is a significant effort for sustainability. It includes the usage of eco-friendly materials and sustainable designs supporting energy efficiency. Hence, its success will be louder in net zero emissions. By incorporating renewable energy sources like wind and solar power, the housing properties' infrastructure. This can be very effective in increasing sustainability. However, it may be costly. Therefore, allocating funds from the netizens will be effective. Using recycled materials, being environmentally friendly, and properly disposing of construction materials will enhance the chances of sustainability. Therefore, sustainable measures in the construction sector have several benefits
Construction sector sees growth in 2024:
Latest News
Indian Ferro Alloys Faces Numerous Challenges in 2024
Ferro alloys play a crucial role in India’s steel industry. The manufacturing and production sector relies on ferro alloys to boost the nation's heavy industries and steel production. A survey of 2024 shows that the ferro alloys market is facing…
High Cost and Infrastructure Constraints Drive the Global EV Sales
The automobile market has experienced a global slowdown since the beginning of 2024. However, the electric vehicle market plummeted over the period in 2024. Several constraints are behind the fall of electric vehicle sales, such as costly raw…
Hydrogen Trains in 2024 to Drive Sustainability
Hydrogen trains signify an essential development in the world's efforts to decarbonize transport. А Hydrogen-powered trains emerged as the fastest way of mobility, with specific coverage and significant developments in several areas, signifying a…
Mexico Energy Sector aims to Expand Clean Energy Transition by 2030
Mexico is progressing rapidly in the renewable energy sector, envisioning double its production by 2030. By 2024, 35% of electricity should come from clean sources, compared to 29% in 2022. With a focus on solar, geothermal, wind, and hydroelectric…
With Surge in Nuclear Power, Texas Positions itself as Clean Energy Leader
Nuclear energy has been gaining traction in the global market, as have its requirements from big corporations. Texas has begun its revival phase as one of the front-runners in this new economic race. An expanding demand for nuclear energy…
Shubhendra Anand
Head Research
