Renewable Rides Ep 69: Our Year-End Reflections: How Did Our 2024 Energy Predictions Play Out?
What did 2024 teach us about the future of renewable energy? In this episode, we reflect on our predictions for the year and evaluate how trends in distributed energy, EV adoption, energy resilience, and regulatory incentives shaped the market. With insights on record-breaking grid electricity price hikes and the booming growth of on-site solar installations, we explore the challenges and opportunities faced by businesses adapting to these changes.
Looking ahead, we discuss how key developments, like the Inflation Reduction Act and advancements in EV infrastructure, are paving the way for continued transformation. From the financial benefits of solar energy to the growing adoption of energy resilience strategies, this episode is packed with data-driven insights and expert analysis. Listen in for a forward-looking discussion that sets the stage for renewable energy trends in 2025.
What You’ll Learn in Today’s Episode:
- Why distributed energy had a breakout year in 2024.
- Key factors driving record-high grid electricity prices.
- The financial and operational benefits of on-site solar systems.
- How EV adoption surged despite skepticism.
- The role of the Inflation Reduction Act in renewable energy growth.
- Why energy resilience is a critical focus for businesses.
- The impact of regulations on renewable energy adoption.
- Trends in solar and battery cost reductions.
- Supply chain improvements and their influence on renewable technology.
- Predictions for renewable energy trends in 2025.
Resources In Today's Episode:
You can view a video of the conversation on VECKTA's website here: https://tinyurl.com/ysdt3ddp