IEEFA Report: Winners and Losers Among Big Utilities as Renewables Disrupt Markets Across Asia, Europe, the U.S., and Africa
Oct. 4, 2017 (IEEFA) — The Institute for Energy Economics and Financial Analysis (IEEFA) published a report today that describes how the rise of renewable energy is disrupting electricity markets worldwide.
The report, “Global Electricity Utilities in Transition: Leaders and Laggards: 11 Case Studies,” documents a pace of change in Asia, Europe, the Americas and Africa that has surprised almost everyone, driven by technological advances and declining costs in wind- and solar-power generation.
The combined loss in market capitalization of the underperforming utilities covered in the report from 2007-2016 totaled US$185 billion. Read the full report here: