Comments on: 5 Things Australians Learned about…Energy Market Death Spirals

By: Bob_Wallace

Bob_Wallace — Wed, 18 Jul 2012 04:21:00 +0000

Might be able to force an estimate to answer that question.

In the US 11% of residential electricity use goes to lighting and a few percent higher for commercial lighting (IIRC).

Get those percentages for Oz and figure a 75% reduction over time. Plot against the demand decrease curve.

Not proof if they match, but should make one go hummmm…..

By: Zachary Shahan

Zachary Shahan — Tue, 17 Jul 2012 14:56:00 +0000

Hmm, interesting observation…

By: Zachary Shahan

Zachary Shahan — Tue, 17 Jul 2012 14:56:00 +0000

Yes, and Australia might just be the first to see home solar & storage dominate the market… we’ll see.

By: Hope

Hope — Mon, 16 Jul 2012 07:51:00 +0000

I wonder if it’s coincidence that demand fell of about a year after the incandescent retail ban in 09. Or not.

By: David Fuchs

David Fuchs — Sun, 15 Jul 2012 14:34:00 +0000

“Make no mistake, this is a serious issue confronting the energy industry and there are billions at stake.”

There are billions that will no longer be at stake…. FTFY

The disruptive trend is for all energy to be produced and stored locally. The technologies are all there, they just need to be commercialized. With this trend comes the eventual downsizing and limiting of most global energy markets.

The up side of this is the cost of products will stabilize or go down, people will have more money to spend, and there will be one less household bill to pay. .