SUSTAINABILITY
energy efficiency and cost savings for an EV owner , as energy will be drained from grid at low price times , stored in the vehicle , and released back to the grid at peak times , creating income . Beyond 2020 , aggregation and trade of excess storage capacity from EVs for grid services will extend beyond the home and into commercial facilities and public charging infrastructure . Once the ability to utilise your EV as a means of income generation is realised on a mass scale – mitigating the challenge of high upfront costs – demand is predicted to rise to almost 20mn new vehicles per year by 2025 .”
What does the future for energy look like ? “ These three areas represent just some of the hottest innovation opportunities in digital energy . It is predicted that the value of smart energy infrastructure could be an incredible $ 1.5trn annually by 2025 in terms of the market opportunity and benefits to businesses , customers and society . Acting to make the way we live more sustainable is no longer a choice – there is a real impetus to use developments in smart technology to maximise the opportunities of renewable energy . The momentum and opportunities behind the digital transformation of energy is huge , and governments , businesses and consumers must join the tide ( and work together ) or risk being left behind .”
The research on innovations in digital energy comes from a new whitepaper from Frost & Sullivan and Hitachi on Digital Energy : The Future of Energy and the Roadmap to Business Transformation .
38 March 2018