Seminario divulgativo Fereidoon P. Sioshansi 14/07/2017 : How innovation and disruptions is reshaping the future of the power sector
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The electric power sector is undergoing fundamental transformations at an unprecedented pace brought about due to rapid uptake of distributed energy resources or DERs, a two-edged sword which is eroding utility revenues as increasing number of consumers become prosumers by using less – through energy efficiency schemes – while producing more of what they consume – through distributed self-generation.
If the cost of storage declines, as expected, prosumers can move a step further by becoming prosumagers – consuming, producing and storing energy by better management of when and how energy is used, generated and/or stored.
Moreover, promising developments in machine-to-machine (M2M) communications, open platforms using blockchain encryption allows prosumers to engage in peer-to-peer (P2P) trading by sharing distributed generation and storage.
Add a new generation of aggregators, integrators and intermediaries will open new opportunities for consumers, prosumers and prosumagers to become proactive in future energy marketplace both at retail and wholesale level ushering the age of virtual power plants (VPPs).
This presentation, based on a just published book on the topic, examines how such developments are disrupting the traditional business model of the incumbents while creating opportunities for new entrants and the challenging facing the regulators and policymakers.
The implications of developments in power sector are important since an increasing share of global primary energy is diverted to electricity generation.