✔ Renewable energy has experienced steady growth and increased importance in the past five years, with a mass influx of different types of renewable energy generation and storage.
✔ Staying on top of technology, training, and learning is crucial in the rapidly changing renewable energy market.
✔ Green hydrogen is emerging as a major player in the renewable energy sector, along with wind and battery storage.
✔ The downstream effects of renewables, such as manufacturing and mining, need to be considered when implementing renewable energy projects.
✔ Companies like Google are investing in renewable energy to offset their carbon footprint and benefit from tax credits.
✔ The renewable energy sector is expected to see a significant shift in power production and distribution over the next 5-10 years, but grid limitations and transmission challenges remain.
✔ The US is currently facing an energy crisis, particularly in areas with high population density and inadequate power infrastructure.
✔ There are ample opportunities for businesses to address grid issues and contribute to improving the power distribution system.
✔ Technology changes rapidly in the renewable energy sector, posing challenges and requiring continuous learning and adaptation.
✔ New entrepreneurs should take the time to understand the industry, learn the technology, and address the challenge of finding qualified individuals to build and operate renewable energy projects.
In this episode 131 of "Failing to Success", Jason Dashney, President of Epik Energy, discusses the rapid growth and importance of the renewable energy sector. Over the past five years, there has been an influx of various types of renewable energy generation and storage. Staying on top of the latest technology, training, and learning is crucial in this fast-changing industry. Green hydrogen is emerging as a significant player, along with wind and battery storage. However, implementing renewable energy projects involves considering downstream effects on manufacturing and mining. Companies like Google are investing in renewables to offset their carbon footprint and gain tax credits. The sector is expected to undergo a major shift in power production and distribution over the next decade, although challenges with grid limitations and transmission remain. New entrepreneurs entering the renewable energy space should understand the industry, learn the technology, and address the challenge of finding qualified individuals to build and operate projects.
Timestamps:
00:00:00 Intro
00:00:20 Renewables Sector Growth
00:02:53 Wind Turbines Specialty
00:05:41 Looking Toward the Future
00:08:42 The Energy Crisis
00:09:49 Building Energy Businesses
00:10:51 Advice to New Entrepreneurs
00:13:42 Contact Jason
