This is a great overview of the energy transition thesis (energiewende, in German). It focuses on the German example and highlights the major disruption renewables will have on utilities markets and business models. Many drastic changes and challenges lie ahead.
Electric utility executives all over the world are watching nervously as technologies they once dismissed as irrelevant begin to threaten their long-established business plans. Fights are erupting across the United States over the future rules for renewable power. Many poor countries, once intent on building coal-fired power plants to bring electricity to their people, are discussing whether they might leapfrog the fossil age and build clean grids from the outset.