Green power generation or electricity generation is being driven by renewable sources of energy that aim to reduce carbon emissions. The increasing number of energy generation plants across the globe are assisting countries to avoid harmful greenhouse gas emission and lowering carbon levels.
Technological advancements are contributing to the rising energy consumption and the regulatory changes being made to improve distribution and transmission networks globally. Transmission and distribution networks have witnessed an increase in investments owing to the rising need to shift to alternative sources of energy that are green and clean.
Power generation networks are experiencing increasing investments in sustaining the distribution networks that supply electricity to remote regions which is also expected to have a beneficial impact on distribution networks. On the basis of three factors – compactness, cost-effectiveness, and ease of installation – these networks are gaining exponential traction.
The Rise of Renewable Sources of Energy for Electricity Generation
The demand for electricity has witnessed a significant rise owing to the rising levels of energy consumption of an ever-rising population. The population of the world recently crossed a whopping 8 billion, identifying the rising need for electricity generation and energy efficiency for countries.
Furthemore, the rising levels of CO2 emissions and greenhouse gases worldwide is also projected to cater to the rising demand for modernization and advancements in the electrical grids. With the rising growth of the off-grid renewable energy sector, the wide residential and commercial applications of smart power grids is projected to expand the growth of transmission and distribution systems.
The transmission and distribution networks have witnessed a substantial increase in the development of smart grid technologies in both urban and rural areas. The integration of green energy power grids, especially in highly populated and congested areas is driving the demand for efficient transmission and distribution systems.
With the rise of renewable sources of energy, the oil and gas industry in the United States has experienced rising acceptability for cloud-based transmission fault detection for propelling the growth of sustainable transmission and distribution networks worldwide.
Governmental Support to Boost Green Energy Electricity Generation
The growth of smart grids and greener power generation is expanding the electricity transmission and distribution networks in developing countries including the United States. The integration of emerging technologies, heavy investments and favorable government initiatives around the world are expected to contribute to the growth of the transmission and distribution systems.
- According to the International Energy Agency (IEA), green or renewable electricity generation has witnessed an increase by nearly 7%, recording a 522 TWh rise with wind and solar PV technologies. The renewable sources of energy for power generation captured a share of 28.7% in 2021 which was the highest level of green energy sources for electricity generation in history.
- According to the United States Environmental Protection Agency, green power is electricity produced from solar, wind, geothermal, biogas or other low or no-carbon emitting sources.
- Various developing countries worldwide are driving the growth of green power transmission and distribution in recent times. For instance, with the implementation of Power Development Master Plan (PDP) and National Energy Efficiency Policy (NEEP) is a comprehensive plan for Cambodia to meet electricity demand and the development of transmission and distribution networks.
- Furthermore, the United Nations Development Programme of Cambodia is an attempt to increase energy security, promote sustainability and significantly lower carbon emissions. The technical assistance and development investments are being funded by the Asian Development Bank to fulfill the energy efficiency policy.
The End Word on the End Goal of Green Energy Efficiency
With the onset of rapid urbanization and industrialization, the worldwide transmission and distribution networks have expanded exponentially. While the United States and European nations are anticipated to play a significant role in the expansion of smart power grids due to their high electricity needs, emerging economies in the power transmission and distribution category are likely to continue contributing to the growth of these systems.
As these networks continue to witness heavy investments in grid technology systems and smart meters, it is projected to assist companies in the generation of green energy as an alternate and cleaner source of electricity. With the rising demand for electric power in recent times, the global transmission and distribution networks are projected to experience a rise with green energy production.