For decades our power supply has been produced in large power plants, with energy reaching consumers via the grid. However, in the new energy world, where more power comes from renewable sources, this concept is being pushed to its limits – literally.
As we transition to using more sustainable energy sources, the way we generate, consume and store energy is changing. Decentralization and digitization of the grid is becoming the new reality as energy moves from the center of the grid to the edge. Grid edge – where smart buildings meet smart grids – is an area where there are opportunities for growth. What new technologies will bring together the consumer, prosumer and the intelligent grid? How can digitization enable a new way for energy production, storage and consumption to work together seamlessly? As new entrants come into the space, what opportunities and challenges lie ahead for traditional power companies? And how will regulation evolve over the coming decades?