
Death of the distribution network.
This is beyond hilarious. When the NSW, Australia government was providing generous rebates on solar-generated power, a relative close to the electricity generation industry told me that the entire push was a cynical scheme to defer the cost of upgrading centralised plant to meet demand, thereby putting the burden of providing capital onto the punters themselves. We might now consider this scheme to have backfired in a glorious way.
However, it does perhaps indicate that the economies of scale which have been the enablers of the industrial revolution, are starting to fall apart. It might not be a big deal, but it's interesting none-the-less. Would love some new economics around this.