Electricity

Can utilities adapt quick enough to save their business model?

At the launch of the CSIRO’s Future Grid Forum in Sydney last Friday, a senior executive from one of Australia’s major network operators had a confession to make: He had a solar PV array on the rooftop of his house. And he felt terribly guilty about it, because he thought he was sponging off other network users.

It’s a thought that is surprisingly common.  Grant King, the CEO of Origin Energy,  told RenewEconomy in August that solar was “free-riding” on the grid, because solar PV users were not paying their share of network costs.

It is, of course, the sort of accusation that is levelled by incumbents of all industries whenever a disruptive technology emerges – be it in telecommunications, media, or even photography.

via Can utilities adapt quick enough to save their business model? : Renew Economy.

Categories: Electricity, Energy