Grid Defection

“2 years ago, “grid defection,” had to be explained as a concept,”
. . . says UBS utilities analyst David Leitch.
“Now every electricity business and player from:
. . . . . . generators,
. . . . . . retailers,
. . . . . . networks and
. . . . . . regulators,
. . . are adapting to a world where:
. . . . . . demand falls,
. . . . . . customers can be competitors,
. . . . . . network owners are generators and
. . . . . . the only constant is change.”

Adrian Merrick, the head of retail for Energy Australia, and
. . . the man charged with holding the business together,
. . . in the face of the biggest change in technology,
. . . in a more than a century.

Merrick introduced this fascinating graph (below),
. . . “Industry at inflection point. Reinvention is key”.  
. . . Nothing better illustrates the position the utilities find themselves in.

Merrick acknowledged that:
. . . . . . the years of steady growth in demand,
. . . . . . limited competition and
. . . . . . an apathetic customer base are over.

06-23-2014 Source:  Grid Defection