Our energy supply system is undergoing a rapid transformation towards decentralized energy plants using renewable sources. These plants generate electricity right where it will be used by consumers – be that in industrial enterprises, municipal facilities or residential buildings.
Electric cars can do more than just transport people from A to B. They can also act as electrical storage systems. In a process known as vehicle-to-grid, energy can be stored in electric cars’ batteries and then fed back into the net in a controlled manner. It makes economic sense.
From smartphones to smart homes to the smart grid, digitalization and the internet are changing the way we live. Building services technologies, household appliances and even entire power grids can communicate and form networks.
More and more people are generating their own electricity and joining forces with others to create virtual power plants. Decentralized, renewable energy systems, known as virtual, combined or swarm power plants, can offset any fluctuations in the grid.
Microgrids using renewable energy represent a growing trend. The advantage of these systems is that they can be operated with or without a connection to the grid and they ensure that generation and consumption remain balanced.
Renewable, synthetic energy sources are one of the central pillars of an integrated energy transition, alongside the direct use of renewable power and temporary storage of this power in batteries.
The energy industry of the future will be decentralized, renewable and digital. This transformation creates new opportunities for utility companies that are ready to offer services above and beyond just selling and billing for power.