Decentralized Renewables & The Rise of the of the micro economy

Decentralized renewable energy has traditionally been under-estimated in emerging markets as only being capable of delivering electricity for home use, and then mostly for basic lighting. “Productive use”—creating goods and services either directly or indirectly for the production of income or value—has been more elusive.

But the reality is that decentralized technologies such as micro-grids have been powering businesses in remote areas of the United States, Australia and China for years, while micro-hydro is a mainstay of the Nepalese rural economy. Even the smallest solar lights are used to illuminate shops, help farmers tend their cattle and enable mobile phone charging businesses.