It's time for a smarter grid

A new study finds that distributed solar PV and storage could be a cheaper option to meet peak demand than more poles and wires. Even the energy industry accepts there may be better ways of investing.

Imagine for a moment that you are the head of a large group of network operators, faced with a decision about what to do about rising peak electricity demand. And you are presented with a choice: invest $2.6 billion over five years on upgrading your network – the route you would normally take; or spend a comparable amount on solar power and energy storage, distributed throughout the network.

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