Renewable Energy is Here—But Are Energy & Utilities Leaders Ready?
August 03, 2016 at 11:18 AM EDT
Don’t let recent negative news, such as the bankruptcy filing at SunEdison, fool you — renewable energy’s time has arrived. Though market adoption has been slow, renewable energy — driven largely by wind and solar — has gained market share over the past few years, overtaking nuclear power in 2011 and accounting for more than 10 percent of all energy used in the U.S. in 2015. As interest and demand for renewables continue to build, setbacks like the SunEdison collapse should serve as a warning sign to renewable energy and utility (E&U) companies to carefully consider how they innovate and build scale in their business.