The distribution of power since its advent a little more than a century ago, has by necessity relied on a centralized grid and millions of miles of cable to the most remote communities cross the planet. We increased productivity through consistent light at night, heating, cooling, refrigeration, communication, All lead to tremendous advantages for civilization.
But those power grids were largely based on non-renewable resources, like fossil fuels or nuclear power. Resource scarcity, CO2 emissions, and the risk and vulnerabilities associated with nuclear waste and natural disasters, are expensive true costs.
Therefore, if you can finance or afford the capital cost for renewable power generation, the long-term economic benefit for households is clear, and the negative externalities are far less that conventional energy production.
(future video of Leap Lab founders going solar at home with Tesla battery)
But will renewables save the day? No, not if the expectation is to meet the same rate of current energy demand, matching non-renewable kilowatt to renewable kilowatt.
Today leapfrog technologies are decentralizing power generation, and are creating micro-grids and small scale electricity generation. This is providing renewable, low-cost energy to places were no powergrid had existed before. The future of energy production will be decentralized and renewable. Millions of homes around the world have now gone solar or plug into renewable power grids.