28 Mar '14, 2pm

Building the Electricity System of the Future: Thinking Disruption, Doing Solutions

Building the Electricity System of the Future: Thinking Disruption, Doing Solutions

When RMI issued The Economics of Grid Defection three weeks ago, our intent was to stretch the conversation among electricity system stakeholders by looking out far enough in the future to discern a point where the rules of the system change in a fundamental way. We used the best available facts to explore when and where fully off-grid solar-plus-battery systems could become cheaper than grid-purchased electricity in the U.S., thus challenging the way the current electricity system operates. Those systems, in fact, don’t even need to go fully off grid. The much less extreme but perhaps far more likely scenario would be grid-connected systems, which could be just as or even more challenging for electricity system operation and utility business models. The takeaway is this: even under the fully off-grid scenarios we modeled, we have about 10 years—give or take a few—to reall...

Full article: http://www.renewableenergyworld.com/rea/news/article/2014...

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