Energy and disruptive technologies

10 March 2016

Renewable generation and particularly disruptive technologies, such as batteries and solar PVs, offer a wonderful option that is likely to save consumers money, and enable them to respond to periods of scarcity. Furthermore, these options are far more environmentally friendly compared to polluting thermal generation, so they seem to be overwhelmingly positive and promising. However, there are challenges ahead.

Are there any negatives associated to the use of disruptive technologies? The link below discusses economic implications of what is termed "grid defection'', when householders become self sufficient and their use of the electricity grid becomes minimal. This article offers solutions on how to integrate disruptive technologies in the mix so the utlization of all existing assets are optimal.

The Economics of Grid Defection: When and where distributed solar generation plus storage competes with traditional utility service

Distributed electricity generation, especially solar PV, is rapidly spreading and getting much cheaper. Distributed electricity storage is doing the same, thanks largely to mass production of batteries for electric vehicles. Solar power is already starting to erode some utilities’ sales and revenues. But what happens when solar and battery technologies are brought together?

Read the full article on the Rocky Mountain Institute website.

Disruptive technologies: Advances that will transform life, business, and the global economy

Twelve emerging technologies—including the mobile Internet, autonomous vehicles, and advanced genomics—have the potential to truly reshape the world in which we live and work. Leaders in both government and business must not only know what’s on the horizon but also start preparing for its impact.

Read the full article on the McKinsey & Company website.

Other stories in this edition of e-Horizon: