Electricity disrupted – Part I

The business model for power generation hasn’t changed much in 100 years. Then, as now, electricity was produced in one location and transported, via familiar poles and wires, to another location to be consumed.The industry depends on generators to produce the electricity, distributors to transport it and retailers to sell it to consumers. These parts of the electricity industry have long been stable, reliable business, generating stable, reliable returns. Not anymore.Changing patterns of consumption and production, particularly the introduction of renewable power, now threaten to turn the power industry on its head. In Europe, utilities that were once stable engines...

The business model for power generation hasn’t changed much in 100 years. Then, as now, electricity was produced in one location and transported, via familiar poles and wires, to another location to be consumed.

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