The seismic change, in the end, was played as a fait accompli. The board accepted Scenario 3 with some modification.
It ultimately decided to lobby for legislative outcomes and operate the business with current best practices, in addition to more aggressive business plan changes. Gancarski has been a working journalist for over two decades. Gancarski has been a correspondent for FloridaPolitics.
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Utility Death Spiral | Clean Energy Action
Natural Investments LLC. Sound Investments for a Prosperous Planet. What could that mean? Spending an hour with a bunch of energy nerds turned out to be the standout presentation of the year for me.
The Death Spiral
Wow, that changes things! In places with lower electric rates, including Kentucky and Texas, the time frame is much longer, though well within the thirty-year planning scope of electric utility infrastructure development. In our current net-metering model, once businesses and homeowners are generating sufficient electricity to cover their own use, then they are using the grid as a giant battery. As the cost of using the grid as a battery increases and the prices for an actual, at-home battery system decreases, users start to look at using their own batteries to perform the same function.
What does all this mean for investors?
On the same panel, a representative of Barclays Bank summarized their recent report about what grid defection might mean for investors. The fear is that as more people pull the plug from the grid the fixed costs of electricity generation e.