The challenges and opportunities offered by renewables for Utility companies
With the rapid uptake of solar and wind technology in Australia (and
elsewhere across regions of Asia and Europe) the traditional utility
revenue model is being challenged. Off grid technology costs are
declining, making solar competitive with traditional grid models. The talk
will focus on a number of case studies in Australia of how utilities are
responding to this challenge and aiming to turn it into an opportunity for
customer retention and revenue growth. However, with this change, there is
the possibility of stranded assets as traditional grid models of providing
power are not needed as much. The talk will explore how the peak and
off-peak power patterns are changing and what this could mean for the
utility company of the future. I will also touch on how banks like ANZ are
looking to respond to this and provide different forms of finance to
support these new models of providing power.
Date: 16 June 2015, 17:00 (Tuesday, 8th week, Trinity 2015)
Venue: Dyson Perrins Building, off South Parks Road OX1 3QY
Venue Details: OUCE Lecture Theatre, South Parks Road, OX1 3QY
Speaker: Catherine Bremner (Global Head of Environmental Sustainability at ANZ)
Host: Sir Chris Llewellyn Smith (University of Oxford)
Part of: Energy Colloquia Series
Booking required?: Not required
Audience: Public
Editors: Anne Bowtell, Philipp Grunewald, Malene Clausen