Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Saturday, June 14, 2014

Barclays Just Threw Gasoline on the Fire that is the Battle Between Utilities and the Solar Industry

Barclays Just Threw Gasoline on the Fire that is the Battle Between Utilities and the Solar Industry

By Elias Hinckley
Worthy Farm To Install UK's Largest Private Solar Panel System
Last week Barclays downgraded the high-grade bond market for the entire electric utility sector because “we believe that a confluence of declining cost trends in distributed solar photovoltaic (PV) power generation and residential-scale power storage is likely to disrupt the status quo.”  While this is not the first statement about vulnerability of electric utilities to competition from new technology

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