Solar Power's Explosive Growth: Deregulation as the Key?
2025-03-24
Solar power has become the cheapest new electricity source in many US regions, but adoption hinges on market structure. Deregulated markets, where entrepreneurs can readily pursue profits, have rapidly embraced solar. Conversely, regulated utilities lag due to legacy investments and bureaucracy. To accelerate the renewable energy transition, the US needs greater deregulation, enabling private capital to build a cleaner, larger grid. This is crucial to meet surging energy demands from emerging technologies and maintain global competitiveness. The article highlights the dramatic cost reduction of solar and contrasts the rapid adoption in deregulated states like Texas with the slower progress in regulated ones like Tennessee.
Tech
energy deregulation