OUR MISSION
Decarbonization is imperative.
And possible.
Energy systems as they exist today are unsustainable.
Continuing to emit greenhouse gases in a business-as-usual approach will result in large and irreversible climate impacts with repercussions for generations to come.
REV’s mission is to solve a critical challenge in the transformation of our energy systems: decarbonizing the electricity supply while maintaining affordability, reliability and resilience.
Industry macro trends accelerate our goal.
Decarbonizing the grid will require deployment of renewables generation and storage at levels never seen before. Industry research suggests 1,000-1,400 GW of new wind and solar will be required by 2035.
Renewable energy now enjoys broad support from consumers, corporations and policy makers.
At the same time, substantial cost declines and efficiency improvements make renewable energy increasingly economic to deploy at scale.
These trends are transforming the way electricity is generated and stored nationwide while creating hundreds of thousands of new, high-quality jobs each year.
GROWING PUBLIC SUPPORT
CORPORATE ESG & DECARBONIZATION
STATE-LEVEL RENEWABLE PORTFOLIO STANDARDS (RPS)
FEDERAL R&D FUNDING AND TAX BENEFITS
AFFORDABLE GREEN ENERGY SOLUTIONS
NATIONWIDE ELECTRIFICATION AND LOAD GROWTH
Renewable energy costs have declined significantly.
Solar and wind costs have decreased by 60%-80% since 2010, making these technologies less expensive than conventional energy resources on a Levelized Cost of Electricity basis for the first time in history.
Similarly, battery storage costs have fallen by more than 70% since 2015, and are expected to continue to decline rapidly over the next decade.
Enabling economy-wide decarbonization.
The electrification of our economy is expected to drive significant increases in electricity demand. REV stands ready to meet those demands with our clean energy solutions.
Building a better tomorrow creates more jobs today.
Investing in clean energy is not only critical for the environment, it’s also critical for our communities. The energy transition is an opportunity to create hundreds of thousands of high-quality, well-paying jobs.
