The growth of electric vehicles and the smart grid has lead to the creation of vehicle-to-grid (V2G) technology. Imagine using your electric vehicle to power your home during a storm-induced power outage. While your vehicle may not be able to power your entire house, there likely would be enough energy to charge your phone, power […]
Smart grid technology is enabling the effective management and distribution of renewable energy sources such as solar, wind, and hydrogen. The smart grid connects a variety of distributed energy resource assets to the power grid. By leveraging the Internet of Things (IoT) to collect data on the smart grid, utilities are able to quickly detect […]
The global water crisis is causing problems worldwide. The United Nations estimates that 2.1 billion people do not have access to safe drinking water in their homes. This is relevant because those with access to clean water have a higher chance of leaving poverty, resisting disease, and seeking an education. The water crisis has severe […]
The future promises dramatic transformations in the way people make and consume energy. Many experts are turning to microgrids— small-scale, self-sustaining power networks unburdened by ties to a centralized power plant— as key agents of this transformation. Microgrids provide everything from greater reliability and resilience to cleaner power and economic development. They’re designed to work […]
Bain & Company compiled numerous fascinating statistics along with a helpful infographic about how new technologies are transforming the electricity landscape. While there are an abundance of new opportunities for energy companies to create a smarter electric system, there are also four key steps that utilities need to take in order to make the current […]
