From Renew Economy:
The Energy Networks Association says the proposals are deliberately calibrated to stop people from leaving the grid, and kicking off what is often described as the “death spiral”, as the networks seek to recover lost revenues from those consumers who remain.
The change to a decentralised grid, based around solar and storage rather than big centralised generation, is seen as inevitable, and many analysts say that networks – which in Australia account for more than half of most bills following a massive ($45 billion) and questionable spending splurge in recent years – will have to change the way they do business, or even write down the value of their assets.
