Outdated Grids are Hampering the Energy Transition
Outdated electrical grids are preventing dozens of countries across the globe from transitioning from fossil fuels to renewables at a reasonable pace. Several things have to work for the energy transition to occur: there has to be enough green energy capacity to meet energy demand, enough battery capacity to store energy when production peaks but demand is low, and a modernized electric grid that can handle a massive influx of green energy. While meaningful steps have been taken to generate clean energy and develop battery storage infrastructure, most grids still aren’t sufficiently modernized to support the renewable energy transition. In…
