The transition from fossil fuels to renewable energy is accelerating globally. Solar photovoltaic (PV) and wind power generation are predicted to surpass nuclear power by 2025 and 2026, respectively. Policymakers and advocates are driving this shift to combat climate change, and various policy measures support the integration of sustainable energy. Solar PV, onsite solar, community solar, onsite battery storage, power purchase agreements (PPAs), and energy attribute certificates (EACs) are key components of renewable energy adoption. Leveraging expert insights can help organizations navigate these options effectively.
When navigating decarbonization decisions, consider the following key points: Understand your company’s vision and values, and choose wisely based on program goals, project timelines, budget, infrastructure, and local regulations.