Europe will reach off-grid energy parity up to 20 years earlier than some regions of the US, according to a study from global business group EY.
The research predicts it will cost the same to self-generate and store power as to purchase from a utility by 2022 in Europe, and a year earlier in Oceania.
That point won’t be reached for “much longer” in US markets, and not until 2042 in the “complex and highly regionalised” southeast.
