Very interesting article by the Rocky Mountain Institute discussing the potential significance and implication behind Barclay’s recent downgrade of the whole US electricity sector. What does this have to do with renewables?
According to the article, “Barclays believes we’re entering a post-monopoly world in which distributed energy resources will take a place alongside large-scale central generation as a critical energy resource and a widely available and affordable customer option. “
Basically, their argument renewables (with proper storage) will lead to an increasingly distributed power network and be less monopolistic, significantly impacting the economic models utilities currently exist within.
Interesting stuff.