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Energy sector must use new tech to ensure the vulnerable aren't left behindND

Dev Tayal, The Guardian Sustainable Business, Friday March 16 2018

According to a Choice survey released last year, more than 80% of Australian are concerned with rising electricity bills, with South Australians and West Australians among the most concerned. But providing everyone with electricity in a fair, affordable and efficient way seems to be problematic for governments, with increasing costs, growing environmental problems and unreliable supply all proving to be stumbling blocks. Australia’s current pricing structures make lower income households spend a higher proportion of their income on electricity. New technologies on the way could provide some relief. These technologies can create clean and renewable energy, provide ways to store it, and automate its use in the most efficient and affordable way. Disruption of the energy sector is only going to get faster, so the energy sector must ensure it works with these new technologies to ensure the vulnerable are advantaged rather than disadvantaged. Many opportunities are beginning to exist for governments, policymakers and investors to innovate. Let’s not waste these opportunities.

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