Demystifying the demand death spiral

The old school men of the energy game have been shown to be wrong in their dismissal of the importance of residential energy efficiency and solar PV, as illustrated in our charts of the week.

While I was at the All-Energy conference in Melbourne, there seemed to be one topic that captured people’s imagination – the 'Declining Demand Death Spiral'. Regular readers of Climate Spectator will be well aware of how Australia’s electricity demand has experienced a noticeable decline, when much of the electricity industry has operated on an assumption of permanent steady growth.

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