Somehow this article does not alarm me …actually I like it. However “Me thinks they protest too loudly” …and just want to avoid any competition to their utility monopolies.
Solar power and other distributed renewable energy technologies could lay waste to U.S. power utilities and burn the utility business model, which has remained virtually unchanged for a century, to the ground.
That is not wild-eyed hippie talk. It is the assessment of the utilities themselves.
Back in January, the Edison Electric Institute — the (typically stodgy and backward-looking) trade group of U.S. investor-owned utilities — released a report [PDF] that, as far as I can tell, went almost entirely without notice in the press. That’s a shame. It is one of the most prescient and brutally frank things I’ve ever read about the power sector. It is a rare thing to hear an industry tell the tale of its own incipient obsolescence.
I’ve been thinking about how to convey to you, normal people with healthy social lives and no time to ponder the byzantine nature of the power…
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