Building a Diverse Mix: It Just Makes Good Sense
Updated: Apr 12
It’s pretty obvious to me that we need a diverse portfolio of energy sources. Now, more than ever, we should value the efforts to advance new and innovative approaches to electricity generation, storage, and distribution.
I am so pleased to see that our local and national media are shifting to tones of resiliency, optimism and celebrations of the durability of the American spirit. As the weeks and months roll forward, I predict new use of words like diversification, contingency, redundancy, resilience, recovery, and above all a focus on “what if?” and “what would we do?”
Indiana is adding more renewable electricity generation, like wind and solar power, because our utility companies know the cost savings and know the value of energy diversity.
For those of you who have followed Hoosiers For Renewables from the start, you know that in addition to my other endeavors, I operate a multi-generational livestock farm. Additionally, Jean and I are squarely in the middle of the “at risk” group for the coronavirus. From the get-go, we have been staying on the farm. What keeps me up at night is the thought of “what if?”
What if, in addition to the medical and financial uncertainties of our current reality, we would be facing core infrastructure dysfunction? Even on our small farm, electricity is indispensable. And access to reliable, affordable electricity is paramount.
Indiana has made great strides in diversifying and expanding our sources for electricity in response to price, as well as consumer and market demand. Indiana is adding more renewable electricity generation, like wind and solar power, because our utility companies know the cost savings and know the value of energy diversity. Just 10 years ago only about 1% of Hoosier electric generation came from renewable energy. And by last year that number had grown almost seven-fold.
Remember those words: diversification, contingency, redundancy, and resilience. They all fit the renewables sector quite well.
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