How four health systems are saving money with renewable energy

Hospitals are seeking to offset their expenses any way they can and some pursuing renewable energy that will save money in the long run.

If the global healthcare industry was a country, it would be the world’s fifth-largest emitter of greenhouse gas.

As lawmaking bodies and other various entities continue to reckon with the daunting future of climate change, laws like the Inflation Reduction Act, passed in 2022, have emerged to financially incentivize large companies like health systems for relying more on renewable energy sources such as solar and wind. As a result, health systems are launching sustainability projects to both reduce their carbon footprint as well as save money in the long run.

Many health systems are in a precarious financial condition, a reality only reinforced by news breaking this week that Texas-based Steward Health Care has filed for bankruptcy and is selling all 31 of its hospitals. Not surprisingly, many hospitals are still desperate to offset their expenses in any way they can — and healthcare sustainability experts think that renewable energy projects are a key way to do so.

Click here to read the full article
Source: MedCity News

—

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.

/0 Comments/by
You might also like
Researchers at Oxford are developing ultra-thin, portable solar panels from perovskites, cheaper and more efficient than silicon-based panelsRevolutionary’ portable solar panels being developed
San Diego officials predict that over the course of the 25-year agreement, the eight microgrids and battery systems will save the city and its taxpayers about $6 million.San Diego goes big on microgrids
The first of many solar and wind projects in China’s deserts is now online, and it’s capable of powering 1.5 million households.The first of China’s desert solar and wind projects is online, and it’s huge
Community solar emerged in 2010, providing customers with access to solar energy without the need to install PV panels.Community solar: A growing opportunity within commercial real estate
Here are the best breakthrough technologies that could help accelerate the transition to a low-carbon, resource-efficient & resilient future.Solar-powered tuk-tuks and thermal clothing: The best green innovations of May 2022
Floating power plants save on land, could usher in new ways to harness renewables. Here are the world's biggest floating solar farms.The world’s biggest floating solar farms
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *