The structure of energy systems is changing rapidly, creating opportunities for new tools and strategies to manage power. The International Energy Agency predicts that over a third of the world’s electricity will come from renewables by 2025, through combination of centralized, regional, and local deployments. This shift to distributed energy resources (DERs) presents opportunities and challenges for utilities, industrials, and commercial applications alike. More investments in research and development (R&D) are needed to create new tools to achieve clean energy goals. As renewable energy adoption increases, the grid needs to better manage energy supply and demand and energy systems globally need flexibility and situational awareness to adapt and decarbonize. New technologies and approaches are required to accelerate the energy transition and enable more DERs to come online faster. The author also notes the need for innovative approaches to reduce the cost of adding renewables and find new revenue streams from investments.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
