The decision of Bosch not to enter battery production may prove to be a historic mistake, writes Gerard Reid. Bosch was no doubt motivated by its failure in the solar power market, but according to Reid the battery market is very different. It is much more complex, involves much more technology and will be a critical pillar of the new economy. If Bosch and others don’t get over their solar complex, European industry may get seriously hurt.  … [Read more...]
How aggregators will alter fundamentals of electricity business
As the number of “prosumers” with batteries grows, huge opportunities will be opened up for aggregators who will be able to optimize these behind-the-meter-assets, writes energy expert Fereidoon Sioshansi, publisher of newsletter EEnergy Informer. Sioshansi explains how this development is likely to transform the electricity sector. … [Read more...]
What energy utilities can learn from Kodak when it comes to digitalization
Utilities can learn from Kodak’s past of failing to exploit digitalization, writes Marius Buchmann of Jacobs University in Bremen. Kodak was ahead in digital technology - it just failed to identify a new business model to exploit it. Utilities face the same challenge today. Article courtesy of Buchmann’s blog Enerquire. … [Read more...]
Coming soon: the Amazon of energy
The energy sector has not yet been conquered by a platform giant like Amazon, Spotify or Facebook, writes financial energy specialist Gerard Reid. But according to Reid there are reasons why this will happen soon. The only question is, who is going to be there first? Courtesy Carbon and Energy blog. … [Read more...]
Why the next oil boom will be fueled by blockchain
In a globally connected economy, the impact of transitioning to blockchain technology will be profound and will likely turn any industry on its head, writes Meredith Taylor of Oilprice.com. Companies in the oil and gas industry, such as Shell, BP or Petroteq, are planning to utilize blockchain to transform energy trade and revolutionize supply chain management. Courtesy Oilprice.com. … [Read more...]
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