- Desalination plants have historically provided only about 1% of the world’s drinking water due to high costs and energy consumption.
- A 2020 study suggests that the cost of desalinated water could be significantly reduced by using solar power and battery storage systems.
- The Middle East and North Africa, regions with high desalination activity, are investing in renewable energy-powered facilities.
- Innovations such as self-cleaning membrane technology and nuclear or wave-powered desalination plants are under development.
- Australia is experimenting with a self-cooling greenhouse that uses wind to desalinate seawater for irrigation.
- The global desalination equipment market, valued at $17 billion in 2023, is expected to grow to $32 billion by 2030.
- Environmental challenges, including the disposal of salt-saturated brine and reliance on fossil fuels, still need to be addressed.
The Financial Times is a British daily business newspaper printed in broadsheet and also published digitally that focuses on business and economic current affairs.
AllSides Media Bias Rating: Center
https://www.allsides.com/news-source/financial-times-media-bias
Official website: https://www.ft.com/
Original video here.
This summary has been generated by AI.
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