- This topic has 1 voice and 0 replies.
-
Posts
-
-
#Discussion(General) [ via IoTForIndiaGroup ]
Jean-Pascal Tricoire Chairman & CEO at Schneider Electric
The traditional power market is transforming. New energy building blocks are fast replacing an energy model that came about during the late 19th century. Renewable energy. Smart grid. Decentralization. Decarbonization. Real-time data. A major result of disrupting the outdated, one-way power flow is energy choice. Choice over bothsupply and demand. This empowerment also is giving energy consumers a previously unheard energy voice.Who is talking? Prosumers. With smart, connected technology, prosumers now can make more proactive and flexible decisions about their energy. In fact, with a two-way flow of power enabled by digitization, today’s energy consumers can become energy producers themselves.
As the decentralization of energy transforms “the ‘one-way street’ of energy into a multi-directional, multi-lane highway,” prosumers can leverage more autonomous, cleaner energy sources. Microgrid innovation is a key driver of this energy transformation, also allowing for more resilient power during unpredictable outages (e.g., as the U.S. experienced throughout last year’s major weather events) and/or regularly planned power cuts to manage grid congestion (e.g., in India).
-
- You must be logged in to reply to this topic.
