I wondered how long it would be before the big boys really starting making a move." Royal Dutch Shell says it expects to lay down a substantial challenge to Australia’s major power utilities within a decade, focusing on the power trading business and providing services to customers wanting solar, storage and electric vehicles.
The plans signaled by one of the world’s biggest oil and gas companies highlight the looming threat to Australian energy incumbents, not just by the switch of technology, but also of the emergence of new players in the market. "
https://reneweconomy.com.au/oil-giant-shell-to-take-on-australian-power-utilities-within-a-decade-80953/
