Evaluating the effect of technology transformation on the electricity utility industry
Monica Castaneda,
Carlos J. Franco and
Isaac Dyner
Renewable and Sustainable Energy Reviews, 2017, vol. 80, issue C, 341-351
Abstract:
The technology shift from fossil-fuelled systems to renewable energies has been promoted by governments with the purpose of decarbonising the power industry. However, rapid technology progress has prompted disruptive changes that transformed market structures. Incumbent electricity utilities, particularly those based on fossil-fuel plant, are shifting from their stable and predictable situation to confront challenges from those that offer alternative energy services. In this new environment, the industry will benefit from mid- to long-term sector foresight.
Keywords: Electricity utilities; Renewables; Death spiral; System dynamics (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (17)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:rensus:v:80:y:2017:i:c:p:341-351
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DOI: 10.1016/j.rser.2017.05.179
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