The Electric Power Struggle

Delivering sustainable economic growth
Posted Jul 05, 2018 | Hoffmann Centre for Sustainable Resource Economy, Walt Patterson

The electricity is undergoing a rapid, comprehensive and disruptive transformation, driven by a combination of technological innovation and institutional upheaval. The technological innovation affects not only generation but also networks and end-use equipment, the software linking them, system configurations, the facilities involved and where and how they function. Walt Patterson suggests in this report for the Hoffmann Centre for Sustainable Resource Economy that politics, not economics, will determine the course of electricity’s evolution. The overall effect is a gradual but unambiguous diminution of the power of centralised utilities, the rise of new centralised players and a gradual but accelerating increase in the influence of those previously at the edges of the system.


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