Uday Baral

Electrification plays a dominant role in our global pursuit of net-zero emissions. The International Energy Agency outlines a narrow path to that goal globally by 2050, naming electrification and renewables as critical components. In the U.S., the recently passed Infrastructure Bill provides some of the largest funding the transportation and energy sectors have ever received — primarily toward the goal of increasing electrification and renewables.

Ten years ago, the energy market was based around the conventional, centralized generation of oil and coal plants. It was predictable and formulaic. These staples of yesterday’s energy market are no longer the future of energy generation. Instead, we see a global push toward clean energy with wind and solar power, and companies are accelerating their ambitious renewable goals around the world.