Dive Summary:
- David Crane, CEO of NRG Energy, grabbed attention at a Bloomberg energy summit in New York, when he said that big solar projects will not survive a market hungry for cheaper distributed energy such as rooftop panels.
- The trend towards larger solar projects is "idiotic,' Crane said.
- With the price of photovoltaic panels steadily declining, Crane said solar will be more distributed to individual households.
From the article:
"There are 34 million households tied to the natural gas grid, Crane said, arguing that they are all candidates for micro turbines or fuel cells in their basements that could be programmed to kick on when the sun sets on the solar panels on the roof.
The combination of solar and gas generation in a single distributed location also would provide economies of scale for providing the support services for the solar service, Crane said."