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Electricity 2.0: Using the Lessons of the Web to Improve Our Energy Networks

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Speaker(s): Tom Raftery, James Governor
Date: Thursday, October 23
Time: 14:35 - 15:25
Location: C1

Track: Strategy & Business Models
Tags Strategy & Business Models, Development
For too long, power distribution has been a top down, subscribe only model, but the electricity grids of tomorrow will be read/write, just like the Web. It’s a commonplace to talk about how IT should be delivered as a utility, but what about delivering a utility the same way the Web works? Utilities need to become more like the Internet: disparate, disconnected electrical grids will be joined up to give us one global electricity super-grid. Imagine the resilience: electricity that can route around problems. Think about how much more stable the super-grid would be if the excess energy produced by, for instance, Scandinavian wind farms on windy nights could simply be sold to meet capacity shortages in the U.S. as people arrive home from work, or in Japan as they start to wake up. What if the grid were smart, publishing prices in real time, based on supply and demand fluctuations? And further, what if smart meters in homes and businesses could adjust appliances based on the real-time pricing (thermostats up/down, devices on/off, etc.) And what if, again like the Internet, the super-grid were read/write, i.e., if you could be a producer as well as a consumer? In this talk Tom Raftery will explain how this vision will be realized, which companies and geographies are leading the charge, and what you should to do to encourage the change.

Presentation files: Electricity 2_0_ Using the Lessons of the Web to Improve Our Energy Networks Presentation.pdf

Comments

By far the best session I've attended at the conference. I have to say that Tom gave a brilliant, well-argued and clearly-described talk about the road to Electricity 2.0 - nice metaphors of read-only vs read-write and some visionary thinking about how Internet technology can transform how the current systems (don't) work.

 

Great session! Very inspiring!

 

Thanks Tom, an urgent message simply and convincingly presented.

 

Great session! You gave me some new thoughts and pushed my mind to think outside the box in that specific context.

 

Great session. Inspiring and an eye-opener... even (especially?) for someone like me who is not that eco-minded.

 


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