The Decentralized Energy Future is Coming | T&D World
According to Dave Martin, the co-founder and managing director of Power Ledger Co., “Historically, the energy system followed a linear model. Generators generated and consumers consumed. Energy flowed from transmission and distribution networks to hungry customers. Fast forward to today and our energy system is no longer simply linear.”
...
Consumers are no longer just a source of demand that needs to be satisfied but often are a complex combination of supply and demand requirements. Generators are not just distant, heavy, spinning machines providing dispatchable gigawatts, inertia and emissions but they are increasingly the roofs of the homes and businesses that are the basis of demand.
Prosumers — so called because they produce and consume energy — are a new generation source. They are largely non-dispatchable, often community-scaled and connected at distribution voltages.
In an environment where it is increasingly possible and cost-effective for prosumers to efficiently generate and store the bulk of their energy needs themselves and where service industries are emerging to make energy self-sufficiency an achievable reality, DERs are edging us closer to distributed energy systems.
...
The challenge for traditional energy systems now is not technology change; the electricity system has been developing and incorporating new technologies for over a century. The challenge we face today is a cognitive one. Can the industry change the way it sees itself after decades of a relatively consistent operating model?
The value case for blockchain is that they can be utilized to help manage the transition toward emerging distributed markets in a relatively seamless way. Blockchain will support the emergence of dynamic, integrated and distributed energy markets that, when operating in concert, will encourage small-scale, low-cost and zero-carbon distributed energy technologies to take us toward the energy future we need.
The Decentralized Energy Future is Coming…
·
1 min read