▁New ▁York ▁City ▁and ▁more ▁have ▁begun ▁making ▁the ▁shift ▁to ▁more ▁sust ain able , ▁e co - friend ly ▁invest ments . ▁ ▁Imp act s ▁ ▁The ▁renew able ▁energy ▁transition ▁has ▁many ▁benefits ▁and ▁challeng es ▁that ▁are ▁associated ▁with ▁it . ▁One ▁of ▁the ▁positive ▁social ▁impact s ▁that ▁is ▁predicted ▁is ▁the ▁use ▁of ▁local ▁energy ▁sources ▁to ▁provide ▁stability ▁and ▁economic ▁stim ulation ▁to ▁local ▁communities . ▁Not ▁only ▁does ▁this ▁benefit ▁local ▁util ities ▁through ▁port folio ▁divers ification , ▁but ▁it ▁also ▁creates ▁opportun ities ▁for ▁energy ▁trade ▁between ▁communities , ▁states ▁and ▁regions . ▁Additionally , ▁energy ▁security ▁has ▁been ▁a ▁struggle ▁world wide ▁that ▁has ▁led ▁to ▁many ▁issues ▁in ▁the ▁O PE C ▁countries ▁and ▁beyond . ▁Energy ▁security ▁is ▁evaluated ▁by ▁analyz ing ▁the ▁access ibility , ▁avail ability , ▁sust ain ability , ▁regul atory ▁and ▁techn ological ▁opportunity ▁of ▁our ▁energy ▁port folio . ▁Ren ew able ▁Energy ▁presents ▁an ▁opportunity ▁to ▁increase ▁our ▁energy ▁security ▁by ▁becoming ▁energy ▁independent ▁and ▁have ▁local ized ▁gr ids ▁that ▁decrease ▁energy ▁ris ks ▁ge opol it ically . ▁In ▁this ▁sense , ▁the ▁benefits ▁and ▁positive ▁out comes ▁of ▁the ▁renew able ▁energy ▁transition ▁are ▁prof ound . ▁ ▁There ▁are ▁also ▁ris ks ▁and ▁negative ▁impact s ▁on ▁society ▁because ▁of ▁the ▁renew able ▁energy ▁transition ▁that ▁need ▁to ▁be ▁mit ig ated . ▁The ▁coal ▁min ing ▁industry ▁plays ▁a ▁large ▁part ▁in ▁the ▁existing ▁energy ▁port folio