Broadband driven Smart Energy Developments
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- Jan 24, 2020 12:00 pm GMTJan 17, 2020 6:50 pm GMT
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This item is part of the Special Issue - 2020-01 - Predictions & Trends, click here for more
There is no doubt that we are in the midst of an energy revolution. Not only is the nature of energy changing from fossil-generated energy to renewable – there is a total change in the distribution structure occurring with less focus on centralisation and more on distributed energy.
Concerns about issues such as energy security, environmental sustainability, and economic competitiveness are triggering a shift in energy policy, technology and consumer focus. This, in turn, is making it necessary to move on from the traditional energy business models.
By making the electricity grid ‘intelligent’ and adding telecoms to it, the power will eventually shift away from the electricity companies and to the customers, who will be able to control their energy consumption through sensors, M2M devices, and the Internet of Things (IoT).