The EU faces a time marked by environmental challenges that will have wide-reaching implications for European societies and economies. At the same time, the continent has a unique opportunity to harness the growing environmental awareness among Europeans and the readiness of civil society to support Europe in achieving its climate goals and transition to a more sustainable economy. As fossil fuels are so far the main responsible for greenhouse gas emissions, to increase significantly the use of renewable energy is crucial to the success of the EU Green Deal. A renewable energy solution “HR Bank”, created by Tukas EV, aims to become an affordable and reliable source of clean energy for every household.
The adoption of green energy is not that fast
In response to climate change and its devastating effects, the EU governing bodies developed a package of policy initiatives, the Green Deal, which aims to set the EU on the path to a green transition, with the ultimate goal of reaching climate neutrality by 2050. Different initiatives are included in the Deal, such as European climate law, whose one principal goal is to cut net greenhouse gas emissions in the EU by at least 55% and reach at least half of the energy sourced from sustainable renewable energy by 2030.
Although the share of renewable energy more than doubled between 2004 and 2021, in 2021, clean energy represented only 21.8% of energy consumed in the EU. A year later, 22.5% of energy consumed across the continent was generated from sustainable sources. The share of clean energy in Europe is expected to grow steadily, but not at the rate of reaching half of the energy sourced from renewables by 2030. For this reason, the target was adjusted and now stands at 42.5%, reaching it will demand more than doubling the speed of renewables deployment seen over the past decade and a profound transformation of the European energy system.
Aurelijus Jaškulis, COO of Tukas EV, is optimistic and thinks that adjusted objectives for renewable energy are realistic. “People’s consciousness is changing, but not so fast. If EU countries will continue to financially incentivize and encourage people and businesses to move towards clean energy, the Green Deal targets could be achieved even sooner. I think a significant part of the responsibility should be left to the end user, decentralizing renewable energy generation and storage.”
A reliable source of clean energy
Although already underway, the transition toward clean energy needs to speed up. Solar panels are the most common and used way to scale up renewable energy use in households. Exercise bike and mobile energy storage device “HR Bank” can harness not one, but three types of renewable energy: kinetic, solar, and wind energy. This innovation has a 2 kWh integrated battery storing green electricity that could be used to power all home appliances, computers, wifi routers, etc.
“In the past, most people and businesses have failed to appreciate the benefits that sun, wind, and water can bring us. 30 years ago, solar panels were used only in space. Fortunately, now everyone has the opportunity to install them on their roof, balcony, etc. One of the reasons for the creation of HR Bank was so that people could generate and store clean energy themselves regardless of where they live (apartment, house, farmhouse, etc.). It can be used even in camping trips or in the conditions of war,” said Jaškulis.
Photo from Tukas EV archive
