Solar and wind generation facilities are approximately the same capital cost per unit of rated capacity as fossil fueled generation facilities. However, the renewable generators have a capacity factor approximately one third the capacity factor of the fossil generation facilities.

Climate change has led to more severe natural disasters with profound socioeconomic and infrastructural effects. From 1960 to 2019, there was a 13-fold increase in natural catastrophes worldwide.

Energy poverty remains a critical issue in sub-Saharan Africa, where approximately 600 million people lack reliable electricity.

The U.S. Department of Energy (DOE) announced nearly $2 billion for 38 projects that will protect the U.S. power grid against growing threats of extreme weather, lower costs for communities, and increase grid capacity to meet load growth stemming from an increase in manufacturing, data centers, and electrification.

Furthermore, the vulnerabilities of the power sector have cascading effects on critical infrastructure such as communication, health and other emergency services. On a power system level, a lack of situational awareness, inadequate system visibility and ageing infrastructure further contribute to a wider disturbance propagation and slowing down of restoration services.

Russian-Chinese cooperation has acquired the nature of a comprehensive partnership and strategic interaction that enter a new era.

Electricity being the key driver for rapid economic growth and poverty alleviation sets the target of providing access to all households.

The recent Russian Energy Week has opened new avenues for collaboration between Russia and African nations, emphasizing the potential benefits for the continent's energy landscape.

Energy-as-a-Service (EaaS)—a game-changing model that simplifies energy management, optimizes efficiency, and accelerates the integration of renewable energy for large-scale users.

Flexibility is increasingly emerging as a crucial strategy to address all of this at both macro and micro levels. On a macro scale, flexibility is essential for managing energy systems and grids.