The past few years have exploded the once-popular idea that the utility industry is sleepy and slow moving. Indeed, a combination of factors has transformed the energy sector in which utilities operate into one of the most innovative and dynamic in the entire global economy. As is so often the case, technological advances and market developments have played an outsized role in driving this rapid change.
For instance, massive scale and improvements in technology have helped drive down the cost of solar energy so much that it has rapidly made the jump from an expensive niche industry squarely into the mainstream.
