As a result, countries are looking for new ways to respond to their mounting power needs. Rather than building traditional, carbon-emitting plants, governments are seeking opportunities to reduce their carbon footprints via alternative and renewable forms of energy. This shift in power generation and distribution is substantial, as these new forms of energy require their own grids, infrastructures, transmission channels, and technologies.
While the potential rewards of such an overhaul are significant, they won’t come easily. Governments, regulatory agencies, and power generation and distribution companies across the world must work together to ensure this shift is successful.
This means recruiting the right leaders with the foresight and skill set to effectively control complex cost structures and timelines—and establish a solid, and long-lasting, new power infrastructure.