Billionaire climate activist Tom Steyer and NRG Inc.'s David Crane delivered separate keynote speeches as part of the Clean Energy Challenge, a competition among early-stage companies and student teams from around the Midwest who were pitching business models for a share of $500,000 in prizes.
Crane, the outspoken CEO of the nation's largest independent power generator, covered a broad range of topics during a lunchtime question-and-answer session. And many of his answers revolved a central theme -- his belief that today's electric power business won't be recognizable in five, 10 or 20 years, and that distributed generation will gradually supplant the current centralized power system.
"The fact that distributed solar is going to take over the built environment in the United States, it's a completely foregone conclusion that that's going to happen," he said, echoing the message he delivered in a well-publicized letter to NRG shareholders on March 31.
Steyer, NRG's Crane Share Visions for Energy Industry's Future
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