UBS analysts suggest energy utilities in Europe, north America and Australia are facing a “perfect storm” from the falling costs of renewables, energy efficiency and falling demand, and may not be able to sustain their business models. The analysts suggest the utilities embrace wind and solar, storage and other services if they are to survive.

via Renew Economy http://reneweconomy.com.au/2013/ubs-utilities-facing-perfect-storm-75876?utm_source=rss&utm_medium=rss&utm_campaign=ubs-utilities-facing-perfect-storm-75876