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How to Avoid the Death Spiral

uring my most recent chat with Utility Forecaster, Canadian Edge and Australian Edge subscribers, a participant questioned me about the impact the rapid adoption of solar power along with advances in storage technology would have on traditional utilities.

I replied that battery systems coupled with rooftop installation of solar photovoltaic (PV) panels indeed represents a potential game-changer, as the Edison Electric Institute (EEI) concluded in a January 2013 paper, Disruptive Challenges: Financial Implications and Strategic Responses to a Changing Retail Electric Business.

I also wrote that traditional utilities are beginning to see the potential for solar investment, either via utility-scale solar farms or through the establishment of separate business units that offer distributed solar capabilities to customers.
I concluded by noting that we’re watching developments on this front very closely.
Read the full article at InvestingDaily