By Giles Parkinson on 16 May 2012
The head of one of biggest energy utilities in the US, David Crane of NRG, predicts that solar PV will have as much of an impact on the energy industry as mobile phones did on the telecommunications industry.
Crane told a Deutsche Bank conference in New York this week that technologies are rapidly breaking down barriers in the energy industry, particularly in the retail market. “Over the next 20 years, distributed solar will do to grid power what cell phones have done to fixed line telephony over the past 20 years,” he told the conference.
Crane has become one of the most influential thinkers on the clean energy revolution, in the US and globally, and as we reported in this story, Shock of the new energy business models, he has said that solar PV is the biggest game changer in the energy industry in the past 25 years, and he has also predicted an end to the “hub and spoke” model of centralised generation.