The demand for electric energy is predicted to rise exponentially over the next 5-10 years, presenting a formidable challenge for utility companies and the clients they serve. The current US energy grid is inadequately prepared to manage this surge, with renewable energy expected to address only 25% of this substantial increase.
Despite forecasting a 3-fold increase of available renewable energy supplies, experts predict a 42% shortfall by 2050. This shortfall underscores the need for robust, innovative solutions in utility design to bridge the gap and sustain energy supply reliability.
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