The energy industry has been going through a revolution, and more and more businesses are looking to transition from non-renewable fossil fuel energy sources such as coal and oil to renewable energy sources like solar, wind and hydroelectric energy. There are a plethora of reasons for this shift, but there are three issues that are cited most often when deciding on moving ahead with sustainable energy.
The issues at hand include:
- Increasing cost of energy.
- Sustainability goals and mandates.
- Declining reliability.
Electricity prices across the United States and Canada have been steadily increasing over the past two decades, and that trajectory is not showing any signs of slowing down.
