An important piece to read in the New York Times written by JUSTIN GILLIS Sun and Wind Alter Global Landscape, Leaving Utilities Behind” is a tale of two scenes; one devastating for big utilities, the other a hopeful sign that the times are changing. And energiewende, the transition to renewables, is upsetting a lot of traditional, dogmatic thinking about sustainability.
Here’s one of the key excerpts from that article:
A reckoning is at hand, and nowhere is that clearer than in Germany. Even as the country sets records nearly every month for renewable power production, the changes have devastated its utility companies, whose profits from power generation have collapsed.”