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.
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