What is Giving Compass?
We connect donors to learning resources and ways to support community-led solutions. Learn more about us.
Search our Guide to Good
Start searching for your way to change the world.
The key to renewable energy may not be that it’s clean, but that it’s distributed - decentralized energy production.
By 2030, two-thirds of new electricity capacity will come from distributed production, as the old centralized system recedes, according to a senior executive at Siemens, the global energy equipment giant.
Already, “Over half of commercial and industrial consumers of energy are considering becoming self-sufficient,” says Siemens’ John Kovach, though most remain connected to the grid.
Much of the decentralized opportunity, of course, is in developing growth markets, where grid-tied electricity is unreliable or unavailable altogether. Indeed, those markets account for 90 percent of overall growth in electricity consumption.