Energy Cloud Playbook

Deck: 

Building Competitive Advantage for Grid of the Future

Fortnightly Magazine - July 2016
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The pace and impact of change in the energy industry are unrelenting. As echoed in Klaus Schwab's recent book, "The Fourth Industrial Revolution," the speed of current global breakthroughs across the physical, digital, and biological spheres has no historical precedent.

This revolution is unique in its velocity, scope, and complexity. Leveraging the pervasive power of technology and digitalization, innovations are evolving at an exponential pace.

Nearly every industry will be impacted. The energy industry is no exception. Already, the prolific rise of renewables and distributed energy resources, behind-the-meter smart devices, digital infrastructure, advanced controls and analytics, and changing customer demands are ushering in a new era of highly networked power.

The end result will be a whole-scale transformation in the way energy is produced and consumed. Moving away from one-way grid architecture powered solely by large centralized generation assets like fossil fuel, hydro, or nuclear power plants, toward a platform of two-way power flow and intelligent grid architecture. We call this the Energy Cloud.

Peer into a fully realized Energy Cloud. One can imagine an autonomous, self-healing grid leveraging the full capabilities of artificial intelligence and cyber-physical systems such as the Internet of Things, self-driving electric vehicles, and smart grid.

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