[Kevin Sharpe]

No doubt about it: solar power has given German utilities a lashing. They cut wholesale electricity prices, which cuts into utility profits, and they also reduce electricity demand, further cutting into utility profits. Unfortunately (for utilities), they didn’t see it coming. They were caught in the same position many other companies have been caught when a disruptive technology came along — flat on their feat, complacent, and overconfident in their reigning power (no pun intended).

http://cleantechnica.com/2014/04/26/invested-solar-sooner-ceo-german-utility-rwe-says/

 

[Paul]

Shame it seems UK.Gov are intent on backing the loosing the horses for as long as possible. Backing, flogging, investing in?! Either way, backwards thinking.

 

[Kevin Sharpe]

Shame it seems UK.Gov are intent on backing the loosing the horses for as long as possible. Backing, flogging, investing in?! Either way, backwards thinking.

I suspect that if Scotland gains independence then we'll shift so far right in the rest of the UK that renewables (and electric transportation) will be a distant memory