John Forster, the founder of Forster Group, a solar and integrated roofing provider, has called for urgent modernization of the electricity grid to address the growing demand for clean energy.
This plea comes in response to new analysis from the International Energy Agency (IEA) revealing that global investment in clean energy now exceeds investment in fossil fuel production. While this shift towards clean energy is encouraging, Forster highlights that the electricity grid is struggling to keep up with the rapid transition.
Forster emphasizes the need for a smarter, more affordable, and renewable energy future. He urges the government to make necessary reforms to the grid infrastructure to alleviate the current challenges, such as long waiting times for solar arrays and battery projects to connect to the grid. In some cases, these projects are experiencing delays of up to 15 years. Forster Group is committed to meeting the increasing demand for solar energy and providing clean, affordable power to homes, businesses, and farms. However, the grid's limitations hinder progress in moving towards solar and other renewable energy sources.
The IEA's executive director, Fatih Birol, revealed that for every dollar invested in fossil fuels, approximately 1.7 dollars are now invested in clean energy. This signifies a significant shift compared to the one-to-one ratio five years ago. To fully harness the potential of clean energy and accelerate the transition away from carbon-based fuels, urgent modernization of the electricity grid is crucial. It is essential to ensure that the grid can effectively support the growing appetite for and the imperative to move towards solar and other renewable energy sources.
Source: projectscot.com