We are approaching a tipping point at which the falling cost of solar energy and improving
battery technology will transform the way we
power our lives, turning homes into generators and cars into moving power storage units. It will hugely disrupt the business of producing and distributing electricity and it will bring about the gradual eclipse of the age of oil.
The know-how is already here, says UBS, and the cost, which once seemed prohibitive, now looks manageable.