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Renewables Growth Continues to Destabilize the Wholesale Electricity Markets – Reports

Progress in generation technologies causes an acceleration in the Energy Transition Renewables growth continue to destabilize the European wholesale electricity markets and key players

Renewables Growth

A latest study reveals that progress in the World Energy sector’s technologies has caused an acceleration in the Energy Transition. Renewables growth continues to destabilize the wholesale electricity markets and key players. The study also highlights a profound change in customer energy usage, behaviors and expectations, with, for example, self-consumption, Smart Homes, Smart Buildings, Smart Plants, Smart Cities and the creation of communities to purchase or manage energy differently.

As a result, the financial situation of established Utilities remains challenging. The report encourages Utilities to accelerate their transformation efforts and to leverage increasingly the power of Digital Transformation.

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