Three little questions about behavioral energy economics and transactive energy

Recently I spoke at the Surge Summit event of the Illinois Science & Engineering Innovation Foundation (ISEIF). ISEIF’s mission is customer education, awareness, and engagement as Illinois implements policies enabling a digital distribution grid and transactive energy. I am honored to serve as a peer reviewer on ISEIF’s Peer Review Committee. As a lead-up to … More Three little questions about behavioral energy economics and transactive energy

Nest’s elegant learning thermostat — but is it transactive?

Lynne Kiesling A team of highly skilled and design-savvy engineers have revealed Nest, an elegant, well-designed thermostat that can learn your preferred settings, analyze your data to spot energy-saving and money-saving opportunities, and look lovely on your wall. Earth2Tech has a review article on Nest, as does Greentech Enterprise. This summary description, from the Earth2Tech … More Nest’s elegant learning thermostat — but is it transactive?

Intelligent end-use devices make a transactive smart grid valuable (Part 3 of 5)

Lynne Kiesling Digital communication capabilities in the network, including in end-use devices, provides increasingly feature-rich, mobile, and customizable ways to create consumer awareness about electricity consumption, electricity expenditure, and the environmental impact of that consumption. It also provides ways to change electricity consumption, either manually or automatically, in the home or remotely. In yesterday’s post … More Intelligent end-use devices make a transactive smart grid valuable (Part 3 of 5)

A smart grid is a transactive grid (Part 2 of 5)

Lynne Kiesling One of the hallmarks of smart grid technology is how it enables and reduces the cost of two-way communication. In electricity as in other industries, digital communication technology makes it possible and easy to have two-way communication, and to use that communication capability to automate individual actions. As we have seen throughout society … More A smart grid is a transactive grid (Part 2 of 5)

Google enters smart grid; will they pass the transactive test?

Lynne Kiesling Just a quick note because I am teaching at a workshop for judges … Google announced today that it is entering the smart grid space, as discussed in this CNet article: The driving idea behind the Google PowerMeter iGoogle gadget–and nearly all smart-grid companies–is that giving consumers access to more detailed home energy … More Google enters smart grid; will they pass the transactive test?

The UK smart meter transition: industry structure, market power, and interoperability

The UK government started an energy digital smart meter rollout in 2008, an “… £11bn scheme to put 53m devices in 30m homes and small businesses by 2020” to yield an estimated gross benefit of £16.7bn. Calling the rollout a disaster would be generous — it’s behind schedule, about £1bn over budget, and full of technical … More The UK smart meter transition: industry structure, market power, and interoperability

Two EV entries in the “how cool is this?” file

Economical energy storage has long been the Holy Grail of electricity. Since 1800, when Alessandro Volta invented the electric pile (a forerunner of the modern battery), hobbyists, scientists, and engineers have experimented with chemicals and materials to create economical storage at a smaller scale than a hydroelectric dam and with a more portable technology than, … More Two EV entries in the “how cool is this?” file

EDF on Grid Modernization

Last week the Environmental Defense Fund released a new report on grid modernization, Grid Modernization: The Foundation for Climate Change Progress (pdf). This short report provides a clear overview of how grid modernization enables a cleaner energy future, examining six areas where investment and regulatory policy should focus to make that happen. The focus of this … More EDF on Grid Modernization

Illinois NextGrid, platform economics, and a new working paper

Recently the Illinois Commerce Commission kicked off its “utility of the future” initiative, called NextGrid. This 18-month stakeholder study will gather ideas to map out a strategic direction for electricity in Illinois. I spoke on a panel at the kickoff event that focused on platforms and transactive energy; here’s a summary of the panel from … More Illinois NextGrid, platform economics, and a new working paper