Distributed solar- a threat to the existing business model or a chance for utilities
- Jan 20, 2019 11:08 pm GMT
This item is part of the Special Issue - 2019-01 - Predictions & Trends, click here for more
All around the world, solar power is on the rise. Not only in sunny places like California or Arizona, but in the UK as well, And Germany, not known for its sunshine, is still the biggest solar market outside China.
While much of this growth now comes from big utility style solar projects, retail solar is an equally important growth driver – and the most disruptive force in the utility industry.
For about 100 years, the power industry has relied on the business model of centralized generation and distribution to retail clients. Rates have been based on so-called standardized load profiles (SLP), i.e. statistical models about the demand curve of households over the day and year. The SLPs also were the basis for purchasing of energy in the forward market, with only the balancing being left to the intra-day market.
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