The energy industry needs the digital transformation that’s taking place.

It’s been well over 100 years since the ‘war of the currents’ where Edison and Tesla argued the pros and cons of their respective technologies. This very public debate ultimately shaped the energy supply model which we’re still working with today. But this model is now being challenged by the shift and adoption of renewable energy options. And there’s a new conversation to be had.

Our electricity generation and distribution networks are under strain; from the inefficiency of ageing infrastructure, the unpredictable nature of renewable generation and from growing global adoption of energy storage. These decentralised generation and storage assets are challenging our 100-year-old principles of generation and distribution.

While the uptake of the distributed energy resources (DER) should be applauded and encouraged, this inflow of renewable power is putting our existing systems under such strain that - if we don’t find a new way of doing things - there will be a point at which our grid will collapse.

The industry acknowledges that a transformation is necessary and that renewable energy is the future, but it faces many uncertainties, including:

  • What does the change mean for current industry participants?
  • How do we integrate renewables into ageing infrastructure without breaking it?
  • And who’s going to pick up the tab?

In  this  discussion  paper  we  present  our  view  of  the  energy  market  and  propose  that,  to  meet  our  energy  goals,  we  need  to  focus  on  creating  empowered  energy  consumers  who  are  in  control  of  their  energy  ecosystems.  It  is  only  then  that  we  can  leverage  distributed  energy  resources  as  our  primary  sources  of  power,  treat  the  grid  as  the  energy  ‘highway’  and  fossil-fuel  power plants as backup until we no longer need them.

But this transformation requires a coordinated effort and input from all participants in the energy value chain. As such, we invite you to join the conversation.

Read full discussion paper

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