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Deregulated energy markets accelerate solar adoption
How Deregulation Can Unlock Private Capital to Accelerate Solar Adoption
Deregulated markets, where entrepreneurs and independent power producers can directly pursue profitable opportunities, have rapidly embraced solar, while regulated utilities remain slow to change due to legacy investments and bureaucratic oversight. Ultimately, markets can incentivize further innovation - whether through advanced energy storage, flexible demand, or new transmission paths - provided policymakers address weatherproofing and cost-sharing mechanisms to ensure reliability keeps pace with rapid renewable growth. For an innovation-driven country with rapidly growing electricity needs, allowing private capital to deploy cheap solar and wind backed by advanced storage may well be the quickest route to a cleaner, more resilient grid - and the only way to meet the coming wave of demand.
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