This article explores the main factors impacting the renewable energy market: decarbonization, decentralization, disruption and beyond.
Decarbonization is dramatically transforming the world of power generation with a shift to low-carbon and renewable energy driven by government policies. Decentralization via distributed generation and energy storage is creating the ability to control when electricity from renewable sources is generated. Disruption is enabling the emergence of small-scale generators to supply electricity directly to the end consumer. Digitalization is providing the ability to control power needs.