There are reports that Tesla is filing to become an Australian Energy Retailer (an Australian electrical utility). The Brattle group has a Virtual Power Plant study. Buying peaking capacity from a VPP is 40% cheaper than a utility-scale battery and 60% lower than from a gas peaker plant.
Total electricity generation in Australia was estimated to be 273,265 gigawatt hours (GWh) in calendar year 2022, a 2% increase from 2021. Renewable sources contributed an estimated 88,208 GWh, making up 32% of Australia’s total electricity generation, up three percentage points on the share in 2021. Australia has about 7% of the energy production of the USA.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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Power marketing isn’t really the same thing as being a utility.
Utilities own transmission and distribution systems, deal with 17 layers of regulations.
Power marketers mostly exist on paper.
We need to break utilities into generation and distribution. That way, it will enable competition, though it will also mean no more large amounts of utility subsidized net-metering.