Tripling renewable capacity and doubling energy efficiency by 2030 is seen as critical to achieving a sustainable and low-carbon energy future. However, this initiative faces a unique set of challenges for each goal, including the lack of investment in the grid infrastructure needed to deliver renewable energy from generation sources to end-users, as well as driving operational excellence through the adoption of efficient electric technologies like heat pumps, EVs, etc. While long-term operational costs are lower compared to traditional fuels, the initial investment can be a barrier for investors as can long ROI windows. Collaboration across all stakeholder groups including utilities, grid technology vendors, investors and others will be needed to de-risk investment and deliver a reliable grid infrastructure that will enable increased renewable capacity and energy efficiency.

Attendee insights:

Understand the significant role of investment in establishing a modernised, reliable grid infrastructure to enable renewable energy capacity.