Updated: AEMO has made it harder for battery-based VPPs and distributed energy resources to participate in the important frequency control markets.
By creating a labyrinth of legal frameworks, regulators have made it all too hard for developers to think beyond installing the simplest possible hot water solutions.
Draft changes to frameworks regulating embedded networks in NEM propose exempt network service providers and sellers face obligations closely mirroring those of distributors and retailers.
Utilities need to shift the conversation to look at total value proposition for customers, or solar and storage will take their business models.
To cope with solar and storage, utilities need to address issues of stranded asset risk, poor customer relationships, and embrace new business models.
Electricity utilities can avoid their very own “Kodak moment” by becoming more customer-focused.