Embrace Renewables for a Brighter Future

The future of energy in non-OECD countries may be swayed by current assumptions that lean towards continued reliance on oil and gas due to high costs of electric technologies and governmental fatigue with subsidies. However, emerging economies, particularly in regions like Africa, possess abundant solar resources that could provide cheaper and more flexible energy solutions. Innovations like microgrids and virtual power plants can further enhance their energy independence. While the need for advanced energy storage solutions remains, the trend is likely to shift strongly towards renewables in the coming decades, potentially making them significantly more cost-effective than fossil fuels.