Renewable energy will have a major effect on the utilities sector in the next two decades. These technologies have advanced considerably over the last 10 years, and today are proven, viable, and economically competitive sources of power. The maturation of renewables coincides with a critical period of change for the utilities market. The electricity market is moving away from a centralized structure. Renewables will play a major role during this transformation and in the new market that will emerge in the coming decades.