A friend in Morgantown posted a comment under this morning’s Oak Park post that is actually much more connected to my “Dangerous Holding Company” post. The comment contained a link to the video below. This is an interview with Michael Liebreich Chairman of the Advisory Board of Bloomberg New Energy Finance.
At the end of the interview, Mr. Liebreich describes the choices that power companies face in the US: adapt to the new reality of decentralized renewable power or try to cling to their obsolete businesses by controlling regulators. Take a look:
The first part of the interview is great too, especially for those of you who think solar power is “too expensive.”