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Challenges and Growth in Renewable Energy Sector
The chapter delves into the hurdles faced in decarbonizing the US electricity sector despite the growth of renewables and emphasizes the critical role of government subsidies in supporting renewable energy expansion. It discusses cases where claims of subsidy-free renewables are contradicted by significant government backing and praises successful schemes like feed-in tariffs in Europe. The conversation also explores the impact of storage solutions on market dynamics for renewables and the importance of integrating distributed energy resources with centralized ones for further renewable growth.