The energy transition raises questions about our infrastructure’s readiness to support increased electrification while reducing our reliance on fossil fuels. The Energy Information Administration predicts that only one-third of our energy will be renewable by 2030, falling short of the White House’s 80% target. Moreover, the planned two terawatts of renewable capacity far exceeds the grid’s 1.2 terawatt generation capacity, revealing the limitations of our outdated grid and highlighting the need for large amounts of energy storage.
Similarly, the rapid growth of electric vehicles (EVs) is surpassing the availability of public charging stations, despite projections that 52% of car sales by 2030 will be EVs. Concerns about charging station availability, reliability, and standardized connectivity are causing uncertainty among EV enthusiasts.
This panel session explores the intricate challenge of modernizing an antiquated grid system that has endured for a century while concurrently addressing the supply chain hurdles that can obstruct progress. It will touch upon the technological advancements, policy considerations, and collaborative strategies essential for the successful integration of an electrified future while examining the potential bottlenecks and solutions that can pave the way for a seamless and sustainable transition.
