The World Economic Forum’s third annual Sustainable Development Impact Summit opened in New York City with an affirmation that the world has the science, data, know-how and public awareness to solve the challenge of climate change – what is needed now is intensified collaboration and communication to implement and scale solutions.
Electric power systems around the world are rapidly changing. For over a century, these systems have relied largely on centralized, fossil fuel plants to generate electricity to end users. Utilities had a straightforward objective: to provide electricity with high reliability.
Majority of homeowners who invest in solar power plants aim to either lower their energy costs or reduce their carbon footprint.