Telcos Switch to Green Energy to Tap Cost Savings

With many energy-intensive industries looking to reduce their reliance on fossil fuels and limit their emissions, the telecoms sector is also adopting clean energy. Manufacturing network equipment, as well as personal devices and running reliable networks calls for significant amounts of energy.

Furthermore, it generates plenty of carbon emissions and contributes to environmental pollution as the relatively short lifespans of consumer electronics mean they contribute to a constant stream of e-waste. Even so, the telecommunications sector has become extremely integrated in the modern world, and access to telecommunications is being increasingly seen as a human right.

Increased awareness of the environmental impact of the telecommunications industry has forced industry leaders to develop sustainability goals and adopt cleaner energy solutions. The transition to greener sources of energy is also partly motivated by cost savings as telcos have found that greener solutions tend to be cheaper than conventional energy sources.

Enrique Dans, a senior fellow at the Centre for European Policy Analysis (“CEPA”), says cost will be the most important factor in whether industries adopt renewable energy. Dans noted that there has been a major reduction in renewable energy costs in recent years, with the key technological ingredients for solar power becoming significantly cheaper in recent years.

Solar panel prices have fallen by 99% compared to 40 years ago while batteries for power storage cost 97% less. Consistent advancements have also made the two technologies so efficient that users can extract maximum value from only a small solar installation.  According to Dans, the cost savings are especially attractive to players in emerging markets because they allow for the development of self-sufficient, off-grid sites that provide reliable connectivity in rural areas. Leveraging green energy can also grant operators access to public funds or international grants meant to fund sustainable infrastructure projects.

While solar panels used to be the most expensive part of deploying a solar-power system, installation now accounts for the majority of the cost. This means that solar energy is already a viable option for adoption on an industrial scale. Consequently, solar can reliably power telecommunications in regions that aren’t connected to the energy grid.

However, AK Energy Consulting founder and CEO Simay Akar says deploying solar technology to reach sustainability targets will be extremely challenging, especially in emerging markets. Akar explains that companies will have to integrate green-energy systems into their existing infrastructure. Telcos will also have to upgrade their infrastructure to make sure it is compatible with digital tools, such as artificial-intelligence management systems, which can optimize network efficiency, Akar said.

Telcos use considerable amounts of various minerals, including copper, silver and other critical metals. These green-energy metals will be needed in larger quantities as the move away from fossil fuels intensifies, and enterprises are engaged in mineral-exploration activities to address that future demand.

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