Nearly Free Sustainable Electric Power for All: Electrify Almost Everything

The global power industry is at the brink of a revolutionary change. For the survival of humanity, it is essential to tackle the grave issue of climate change. The power industry needs to shift to the utilization of clean energy to sustain the increasing energy demands without affecting the environment. Therefore, it is important to establish a power network which is sustainable, free fuel-based, ultra-low-cost, and reliable power network. This paper discusses solar and wind power as a sustainable energy source for such a power network. In addition to energy sources, the storage system to support the power infrastructure is discussed. The role of power electronics in reducing the cost of electrical power is also discussed. Finally, the paper is concluded along with a brief discussion.