Including the closely related term tipping.
…; Engaged vocal consumers of energy who want energy to be delivered as a service. These events will change the face of the energy market over the next decade. This Energy Strategy need not contain all of the background to these changes, but for the purpose of this document, there will be 3 key ‘tipping points’ in the future: Tipping Point 1 – grid cost parity for non-utility solar plus…
… battery storage systems; Tipping Point 2 – the price of battery electric vehicles reaches cost parity and performance parity with internal combustion engine vehicles; Tipping Point 3 – the cost of transporting electricity exceeds the cost of local distributed generation and storage. This means that the pace of change in the future energy market will be defined by three key…