Renewables haven’t pushed prices down because we haven’t learned to use them JO-JO HUBBARD WIND and solar technologies promised us “power from thin air”: zero marginal cost generation to lower energy bills and carbon emissions in step. Yet today, as renewable records continue to roll in, they seem to have done little to assuage rocketing power prices. It’s not that renewables were a bad bet. In fact, they remain [...]
Blockchain is changing finance forever: It will do the same to flawed energy markets An innovation imbalance has developed in the energy sector. Consumers can switch on their boiler with a smartphone, yet switching energy suppliers is a complex three week process. New innovations and interfaces have been layered on top of clunky pre-internet systems that make seemingly simple procedures difficult and slow. Blockchain, best known as the technology [...]