Upgrading Power Grids Critical for Green Power by End of Decade, Experts Say

Upgrading the power grid is deemed critical to the speed of the energy transition, according to Generation Investment Management. Leaders from both political parties agree that bolstering clean energy production is in America's economic and security interests, as highlighted by columnist Jason Bordoff. The world faces the risk of having to switch off a significant amount of green power by the end of the decade unless countries improve their electric grids to better integrate wind and solar generation. This situation could thwart efforts to reduce reliance on fossil fuels. The clean energy transition is viewed as the most important planetary challenge and presents a significant economic opportunity, potentially being the largest capital formation event in human history.