Utility of the future – solar, storage, EVs and micro-grids

Untitled“Winning in the future is more complex than “ploughing full steam into the past like our peer group.” Crane says. “We are trying to protect our investors from future shock.”…Last year it was the biggest utility in Europe, E.ON, outlining how it was going to adapt to a carbon-lite electricity grid. This year, it’s NRG, biggest generation company in US…NRG plans to transform existing commercial and industrial business into a full service, high margin energy provider, using demand side management, fuel cells and on site generation and microgrids. That business is expected to grow profits four fold to nearly $500 million by 2022….NRG continues expanding network of electric vehicle charging stations, dubbed eVgo. It hopes to boost customer share from 10% of available EVs to 50% within next 3 years. And utility-scale renewables division will be focused around micro-grids.+++If only Abbott and his tragics were leaders, instead of followers, of  foreign owned, big fossil electricity mobs, wanting protection, because worn out old generators can’t be replaced and compete with renewable energy.

>readmore> RenewEconomy

About groundswellbasscoast

This is on behalf of local climate change group. Material is selected by Bernie McComb and does not necessarily represent opinion of whole group.
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