The benefits of renewable power extend beyond reducing carbon emissions and encouraging energy independence in the United States. The transition to an alternative-energy environment also creates valuable jobs.
Despite their growing popularity and use, renewable power still faces the challenge of not being cost-competitive with fossil fuels. To compensate for this disadvantage, they have benefitted for many years from tax credits and other financial incentives.
The intermittent nature of some forms of renewables—solar and especially wind—make storage technology an essential ingredient of their success. Storing the power generated from renewables allows it to be used at times when demand is high and generation is low.
You could call it utility-scale renewables 3.0. The previous two phases focused on getting large solar arrays and wind farms up and running (1.0) and then boosting their output (2.0). Today, developers are looking beyond just adding more rows of panels or bigger turbines to their plans.
The modern movement toward more sustainable-energy practices has touched almost every aspect of our daily lives. From renewable power to electric vehicles (EVs), few of these changes have gone unnoticed, and the trend affects almost everyone in one way or another.
As the nation continues to embrace alternative energy sources, the challenge of distribution becomes more pronounced. Utilities, providers, transmission operators and manufacturers need to find an efficient and reliable way to get all that new power to the grid.