How Could Distributed Energy Resources Disrupt Utilities?
05/02/18
“Will big utilities face a compromised future from distributed energy resources?”
Ever since the dawn of the grid utility companies have reigned supreme. But with the advent of distributed energy resources, this all might change. Now that many individuals are achieving grid defection, they no longer have any use for a utility. If the cost of battery storage collapses and energy efficiency has a paradigm shift, this could spell massive disruption for these traditional companies. They might even have to watch out for their survival.
Having solar panels & a wind turbine in the backyard works well for a single family home, but they still need to be tied to the grid or else to a huge cache of deep cycle batteries. Full grid defection takes significant investment and/or lifestyle change, neither of which most Americans have an appetite for. Im just saying Im not worried about the future of big utility companies in the US.
LikeLiked by 1 person
Thanks EngineerDog. I’ve just updated this entry to reflect your feedback. Anytime you see an inaccuracy again, just let me know!
LikeLike