Tag: Mahelet Fikru

The rise of renewable energy means utility companies must change business models

Posted by on July 21, 2022

With the rise of individual households producing surplus power via solar panels and selling energy back to power companies, the profitability of electric companies could drop and lead to acquisitions and mergers. The electric industry has also seen changes in renewable energy integration and regulatory changes that could lead to shrinking profits and firm consolidations.

Read More »