Abstract
The power sector is about to undergo a major disruptive transformation. In this paper, we have discussed the best possible energy solution for addressing the challenges of climate change and eradication of energy poverty. This paper focusses on the decentralized power generation, storage and distribution through photovoltaics and lithium batteries. It encompasses the need for local direct current (DC) power through the factors driving this change. The importance of local DC power in the transportation sector is also established. Finally, we conclude with data bolstering our argument towards the paradigm shift in the power network.
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