In the US, the New York State electricity regulator is conducting a wholesale review of the electricity market and its regulation to identify the reforms necessary to adapt to the paradigm shift of distributed energy. In doing so, it hopes to avoid what our cousins across the pond have dramatically dubbed the “utility death spiral”: the process whereby traditional, centralised utilities will become increasingly outdated and irrelevant as customers capitalise on cheaper, greener and more efficient distributed energy.
Are we heading for a utility death spiral?
