By Democratic Socialists of America

By Daniel C. Adkins

The utility model of selling fossil fuel energy from a few large power plants is under assault by the growing success of new technologies and policies. Some utilities are trying to slow down this renewable and efficiency growth because it challenges their way of making money and pushes them to be collaborative. New developments have inspired new technologies that minimize renewable power variations and regulators have also tried to lessen peak daily energy demand. Utilities act if they are afraid that the new market changes will redefine their role in a less profitable way. As renewables and new tech defuse we are setting up the possibility of a much less centralized but more-connected energy sector. Below are some of the new technologies and policies.

Source: Utilities Feel Threat of Sustainable Tech