Challenge and Opportunity in Grid
Electrification of as many human activities as possible has been identified as the key first step in eliminating our reliance on fossil fuels and combatting climate change. Coupled to this critical step is the integration of vast amounts of renewable energy in the creation of electric power. Thus, today’s electrical grid will have to radically evolve to supply substantially more power and handle a large portfolio of intermittent renewable power sources. This places strong demands on our power systems and the markets and policies that support them.