PARITY

Today's energy markets remain inherently incomplete and imperfectly competitive mainly due to the characteristics and special nature of the commodity of power... Inelasticity of Demand along with the continuously increasing presence of distributed intermittent energy sources pose significant challenges and undoubtedly have considerably negative impact on the overall grid balance... Grid defection is becoming a rapidly growing threat to traditional utility business models. As indicated by Figure 2, utilities nowadays face a fundamentally different challenge the so-called "utility in a box".

Also known as: PARITY Consortium, PARITY Main Mission

Primary location: United States