
EY:What happens when grid parity hits?
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Renewable energy advocates have long warned that grid parity — once it arrives — will transform the relationships between consumers and utilities, and the power markets in which they operate. But, despite these warnings, few utilities, regulators or policymakers have fully appreciated just how rapid and far-reaching this technological revolution will prove. Many have avoided engaging with this impending transformation, putting it into the “too hard,” “not our business” or “irrelevant” categories.More InformationEY-RECAI-47-May-2016