– The utility landscape in America is shifting towards clean energy
– Federal opportunities help to cut down costs and propel this shift
– The trend, however, has been slow to catch up in Missouri
– Urgency is recommended for Missouri’s utilities to capitalize on this opportunity
The Dawn of Clean Energy
A dramatic transformation is unfolding in America’s energy sector, with utilities ramping up their focus on clean, renewable sources. While cost constraints previously hindered this pivot, new federal incentives have eliminated this obstacle. Unfortunately, unlike their counterparts in other states, Missouri’s energy utilities have been tardy in boarding this green train.
Erratic Progress
Over the years, the reluctance of electric companies across the U.S. to switch to renewable energy was largely attributable to economic concerns. But thanks to favorable policy outlook and environmental consciousness, more utilities are warming up to the idea of cleaner sources. But as things stand today, the state of Missouri hasn’t exactly set the benchmark in harnessing these new “federal opportunities”.
The Time is Ripe
However, now more than ever, it is crucial for Missouri’s utilities to seize the moment and jump onto the renewable-energy bandwagon. The existing federal provisions create an optimal environment for the transition to be economically viable and sustainable in the long-run. By capitalizing on these opportunities, Missouri can bolster not just its environmental credentials, but also breathe new vitality into its economy.
The Breezy Take
A green shift in the U.S. energy scene is happening now, and Missouri shouldn’t delay in making its move. There’s a shift from the old narrative of “can’t afford it” to “can’t afford not to”. The boons from federal aids, coupled with ever-advancing green technology, make this an opportune moment for Missouri’s power players to put themselves on the clean energy map. In a nutshell, the clock is ticking, and it’s high time the Show-Me-State showed up.
Original article: https://missouriindependent.com/2023/09/20/seizing-the-clean-energy-opportunity-missouris-time-to-shine/