Podcast: Maximizing Innovative Grid Tech to Transform the Power Sector
The utility industry is amidst a revolution of the types, complexity, and scale of advanced technologies that are transforming the business. After many decades of incremental advancements to the technological side of the grid, we are now in the golden age where grid tech is bringing new possibilities to utilities, consumers, and stakeholders at every step of the power journey. While these rapidly accelerating advancements continue, though, stopping to take stock of that journey is critical.
"Grid Tech for us is all of that networking and software and data management processes that utilities deploy and manage the grid. And where we draw the line is we're not per se looking at generating technologies. We're looking at technologies that sit on the transmission distribution network. Those technologies that coordinate distributed energy resources, and it's a very software heavy market, and that's what Grid Tech means to us. It's a multi-billion dollar market. There's hundreds of use cases. There's thousands of vendors. And we felt it was important to look at this market in isolation from the other conversations because this is something utilities can control or power companies and there is a lot of startup activity here."
This entry into the podcasts, like all of the series episodes, can be found on all major podcast outlets, including iTunes and Spotify, or it can be listened to directly on the Energy Central platform (where we also feature a written transcription if you'd prefer to read). Give it a listen and share your reaction in the comments.