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What is renewable energy in SAP SAP-GLOSSARY - Corporate Glossary?


SAP Term: renewable energy

  • Component: SAP-GLOSSARY

  • Component Name: Corporate Glossary

  • Description: SAP Annual Integrated Report Shares and types of electricity obtained from renewable sources such as hydro, wind, solar, geothermal, and biomass. It is calculated by adding the amount of renewable energy specifically sourced, produced on-site by our own solar cells and covered by Renewable Energy Certificates RECs.


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  • Key Concepts: 
    Renewable energy is energy that is generated from natural resources such as sunlight, wind, rain, tides, and geothermal heat. It is considered to be a clean and sustainable source of energy that can be used to power homes, businesses, and other facilities. 
    
    How to use it: 
    SAP provides a range of solutions for businesses to manage their renewable energy usage. These solutions include tools for tracking and monitoring energy usage, as well as tools for optimizing energy efficiency. Additionally, SAP provides solutions for integrating renewable energy sources into existing systems. 
    
    Tips & Tricks: 
    When implementing renewable energy solutions, it is important to consider the cost of installation and maintenance. Additionally, businesses should consider the potential environmental impacts of their renewable energy usage. 
    
    Related Information: 
    SAP provides a range of resources to help businesses understand and implement renewable energy solutions. These resources include white papers, case studies, and webinars. Additionally, SAP partners with organizations such as the World Wildlife Fund to promote the use of renewable energy sources.
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