In this episode of Decoding Innovation, Kristina Skierka, the founder and CEO of Power for All, delves into the transformative power of distributed renewable energy.

As the world seeks sustainable energy solutions, distributed renewable energy is at the forefront of innovation, offering a path to a cleaner, more equitable power supply. The global landscape of distributed renewable energy is rapidly evolving, with innovative solutions emerging to tackle the challenges of energy access, climate change and sustainable development. Around the world, communities are harnessing the power of the sun, wind, and other renewable sources to create decentralized energy systems that are resilient, cost-effective, and environmentally friendly.

Power for All is a pivotal player in promoting decentralized energy systems that are transforming energy access, particularly in remote and localized communities. These systems leverage local resources to create resilient and cost-effective energy networks that bypass the need for traditional infrastructure with various models of distributed renewable energy, including community microgrids and solar home systems, demonstrating the positive effects of these systems on local economies and the quality of life for individuals. Power for All's approach to fostering community engagement and building local capacity highlights the organization's holistic strategy to drive change.

Key takeaways:

• Distributed renewable energy systems enable communities, especially in remote areas, to gain energy independence and improve their quality of life.
• Energy systems can stimulate local economies by creating jobs, reducing energy costs, and supporting the development of small businesses.
• Effective policies and innovative financing models are crucial for the widespread adoption and success of distributed renewable energy.
• Personal choices, advocacy, and investment can support the growth of renewable energy and contribute to a sustainable future.

The Decoding Innovation podcast series is a limited production of the EY-Nottingham Spirk Innovation Hub, based in Cleveland, Ohio. For more information, visit our website at https://ey.com/decodinginnovation. If you enjoyed this podcast, please subscribe, leave a review wherever you get your podcasts and be sure to spread the word!