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What is trending with renewable energies

What is trending with renewable energies

The renewable energy business has a bright future ahead of it, but it also faces major challenges.

The company is expected to explore new ways to combat climate change in the face of potentially favorable policies from a future government.

Next generation clean energy

With the help of investors and DOE initiatives, the commercialization of next-generation clean energy technologies is set to continue.

Interest in these technologies has increased due to their versatility and ease of use.

With the aim of dominating the competition for energy resources, the solar sector is expected to continue to look for new methods to add value, such as B. the increase in the solar-plus storage market.

Floating solar PV projects and community solar legislation could open up new opportunities for solar development in the United States.

FERC: trend in renewable energy

To transmit these renewable energy supplies to customers will require new interstate transmission lines and increased use of existing lines.

Proposed guidelines from the Federal Energy Regulatory Commission (FERC) to improve the transmission planning process support these goals.

Similar to current natural gas pipeline standards, the Infrastructure Investment and Jobs Act (IIJA) gives FERC more power to approve transmission projects.

With their help, the transmission infrastructure can be expanded, but also investments in cutting-edge technology such as dynamic line rating.

Supply chain: Renewable energies in trend

The industry is expected to place a significant focus on supply chain security following recent disruptions, particularly in the solar sector.

Additionally, some developers may resort to methods such as renegotiating power purchase agreements, while others just wait and see.

The recovery and reuse of waste from renewable energy sources is an important part of the industry’s sustainability efforts.

New prospects for the renewable energy sector are expected to emerge from legislation pending in certain jurisdictions regarding the recycling of PV modules.

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