| | Oct 20196It was back in the '90s when the Kyoto Protocol was adopted and later implemented in 2005 to curb greenhouse gas emission, which is the prime factor for global warming. In the wake of such adverse impact that we humans have caused by using fossil fuels to produce energy, almost every government on the planet is now focusing on renewable energy sources and reducing the carbon footprint. Owing to this trend, renewable energy is no longer a niche sector of novel technologies, and the implementation is gaining a rapid pace. According to the report from Kenneth Research, the global renewable energy market is set to reach $ 2,151 Bn by 2025. Besides, the growth is expected to continue for the next few decades to provide at least fifty per cent of global power from renewable energy sources. Today, several countries are contributing towards the clean, inexhaustible, and increasingly competitive energy resources, for example, around 100 gigawatts (GW) of new solar photovoltaic capacity alone was installed in 2018, sufficient to meet more than 25 per cent of electricity demand in France. Another main contributor to the renewable electricity sector is hydropower that has registered steady growth for the past few years.Deployment of renewables across the electricity value chain offers unique opportunities to renew grid infrastructure and manage energy usage. Moreover, as renewable such as solar-plus-storage installations gains traction, software platforms will help aggregators to pool the renewable resources and use them to offer grid support services in wholesale markets. In a nutshell, renewable energy is the future we are progressing towards, and it will benefit both the planet and the life on it.Do let us know your thoughts.Renewable Energy: Powering the FutureCopyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof. OCTOBER - 14 - 2019, Vol 02 - Issue 05 Published by ValleyMedia, Inc. To subscribe to Energy Tech ReviewVisit www.energytechreview.com SalesRich Gonsalvesrich@energytechreview.comVisualizersRonald DonovanManaging EditorCharlotte Smith*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEditorial StaffAaron Pierce Ava GarciaVian IsaacJoshua Parker Kenny PeruzziEDITOR'S DESKCharlotte SmithManaging Editoreditor@energytechreview.com
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