RISE OF THE EMPOWERED CONSUMER
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RISE OF THE EMPOWERED CONSUMER
Technology has empowered consumers across a number of industries and the energy sector is no exception to this . Now , electric vehicles provide a ready-made mechanism for the storage of energy ; IoT-enabled devices can measure and track the flow of energy more closely and efficiently ; and the cost of homebased renewable energy has fallen significantly . In Germany for instance , the deployment of PV rooftop systems is the highest in the European Union ( EU ), with the installation price dropping from approximately € 4,700 per kW in 2006 to around € 1200 per kW in 2016 .
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