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What’s Trending in Renewable Energy

Governments are investing in renewable energy because it has the potential to reduce greenhouse gas emissions and help meet climate change goals. However, there are some challenges that need to be addressed.


What’s Trending in Renewable Energy

 

The renewable energy business has a bright future ahead of it, but it also faces significant challenges.

The business is expected to look for new ways to address climate change in the face of possibly favorable measures from a future government.

 

Next Generation Clean Energy

With the help of investors and DOE initiatives, the commercialization of next-generation clean energy technology is expected to continue.

There has been an increase in interest in these technologies due to their versatility and simplicity of usage.

With a goal to dominate the energy resource competition, the solar sector is expected to keep looking for new methods of creating value, such as increasing the solar-plus-storage market.

Floating solar PV projects, as well as community solar legislation, might open up new solar development opportunities in the United States.

FERC: Trending in Renewable Energy

In order to transmit these renewable energy supplies to customers, new interstate transmission lines and increased usage of existing lines are necessary.

Proposed guidelines by the Federal Energy Regulatory Commission (FERC) to enhance the transmission planning process are supporting these aims.

Similar to current standards for natural gas pipelines, the Infrastructure Investment and Jobs Act (IIJA) gives FERC more power to approve transmission projects.

Transmission infrastructure may be developed with the aid of this, as well as investments in cutting-edge technology like dynamic line ratings.

Supply Chain: Trending in Renewable Energy

There is expected to be a significant industry emphasis on supply chain security in the wake of recent disruptions, particularly in the solar sector.

In addition, some developers may resort to methods such as renegotiating power purchase agreements, while others are just waiting and seeing.

Recovering and reusing trash from renewable energy sources is a key part of the industry’s sustainability efforts.

New prospects for the renewable energy sector are expected to arise as a result of laws pending in certain jurisdictions regarding the recycling of PV modules.

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Robert Bagatsing
Managing Editor and Founder of GineersNow based in Dubai and Manila. Survived marketing at Harvard, Management at AIM and proud Bedan.

What’s Trending in Renewable Energy

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