One is hard pressed these days to come across an electricity sector that’s not undergoing a fundamental change. Policy drivers for decarbonized economies, new business models, and changing technologies are fuelling an accelerating transformation along the entire electricity supply chain, with consumers firmly in the driver’s seat.

In Australia, it was the norm to have centralized, synchronous fossil fuel generators transporting electricity over networks in one direction to passive end-use customers. This is now giving way to more decentralized, nonsynchronous, intermittent, and renewable generation sources. Consumers are no longer passive recipients of electricity, but rather actively exercising greater choice and control over when they ...

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