The renewable energy sector in North America is rapidly expanding, with the proportion of electricity the U.S. gets from solar and wind nearly quadrupling in the past decade. Its growth has been driven by rising interest in decarbonization, including 70 percent of utilities committing to 100 percent clean energy goals, changes in customer goals, rapid advancements in technology and evolution in pricing and contract structures.
Regardless whether the current administration’s legislative agenda offers significant support to encourage low and zero-carbon energy sources, businesses across industries are expected to continue prioritizing their decarbonization goals and their transition to clean energy.
Here are the top five trends expected to shape the renewable energy sector and what it means for businesses. Read more….