This is quite useful to better understand the likely development that solar tech in combination with rapid efficiency improvements paired with scale-driven cost reductions in batter tech will do to the energy utilities. I personally like the outlook of a total democratization of the energy production. I guess it will take quite a bit more time when it comes to “total”, but the consumer segment with residential customers being able to “cord cut” in terms of energy supply will speed up the energy market disruption.
“Several of the big trends in clean electricity depend, in one way or another, on batteries. How fast batteries get better and cheaper will help determine how fast renewable energy grows, how fast fossil fuel power plants get shut down, and how fast the vehicle fleet electrifies. The consulting firm McKinsey & Company recently released an analysis noting that batteries, like solar panels before them, are getting cheaper much faster than anyone expected — and the consequences for the power sector are going to be immense…”
Read more here: Utilities fighting against rooftop solar are only hastening their own doom – Vox
ANDRÉ CRAMER 