Energy Manage Coal Plant

Utilities Face Perfect Storm

Energy Manage Coal PlantThe traditional utility business model is facing a “perfect storm” of challenges that threaten its existence, according to a new report by UBS.

As reported by, the declining cost of solar, energy efficiency and electric vehicle technologies threaten to upend centralized electricity generation.

Renewable energy is already having a financial impact on utilities. The average price for solar PV modules declined by 80 percent between 2008 and 2012. Net metering and innovative financing are making distributed generation more viable. Flat electricity sales is another threat.

The latest UBS report finds that solar PV is diminishing the customer base. Lesser demand at peak times leads to curtailed generation from large power plants along with lower peak electricity prices.

A January 2013 report from the Edison Electric Institute, a trade group for utilities, which concluded that distributed generation presents a “game changer.” And the latest UBS report, which concludes that utilities will not be able to survive in their current form.

Energy Manager Product and Project Awards 2017
Sponsored By: Environmental Leader

eBook: Driving Visibility and Harmonization in EHS Practices
Sponsored By: Sphera Solutions

The EHS Guidebook: Selecting, Implementing, and Using EHS Software Solutions
Sponsored By: EtQ

Just the Facts: 8 Popular Misconceptions about LEDs & Controls
Sponsored By: Digital Lumens


Leave a Comment

User Name :
Password :
If you've no account register here first time
User Name :
User Email :
Password :

Login Now