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Early last year I outlined predictions on some of the bigger trends that I thought were going to shape the retail energy industry. It’s time to take stock on how I did.
In 2014, predictions alluded to the following: 1) the pace of U.S. solar deployment would hasten, 2) energy storage would become ‘the next big thing’, and that 3) end-use electricity consumption would remain flat or decline. So what happened in each of these areas?
Keep an eye out for my next article where I’ll look at the trends we as a company are watching closely in 2015, and what they mean for the industry and your business going forward. With the sudden collapse of oil prices, an industry shakeup from the Polar Vortex, and a revitalized interest from government in our industry, there will be a lot to talk about this year!
Sources:
1 Kann, Shayle, et al. "Solar Market Insight Report 2014 Q3." SEIA. SEIA/GTM Research, Web.
2 Ferris David. "ENERGY STORAGE: How Will Testla's 'gigafactory' Affect the Grid?" E&E Publishing. E&E Publishing LLC, Web.
3 US Energy Information Administration / Monthly Energy Review January 2015." 7. Electricity (2015): 111. Web.
Mike D’Aurizio, Business Strategy Manager, is responsible for providing insight, analysis, and resolution of commercial and strategic issues for the Direct Energy Business leadership team.
Posted: January 23, 2015