I think now in the near future will be the implementation of IT projects for mass decentralization, then the market will develop into other industries
I hate to sound negative, but I will believe it when I see it.
You can’t have a decentralized power plant unless the whole thing was run by robots controlled by some sort of AI, and in that case I feel there would be plenty of room for bad things to happen.
I believe the energy market will be massively changed through the implications of so many customers becoming prosumers instead of remaining consumers - this is part of the large scale revolution taking place in energy - furthermore, the massive utilities are aware of this change and embracing instead of fighting it, with pilot projects with the real entities such as Prosume Energy.
That means that there is an immediate head start and inclusion, and then it will boom as more and more people join - then people are not only making their own energy, also selling, making money, decreasing energy cost and waste.
All of this based on blockchain and decentralisation.
It is the chance of a lifetime - forget all the wannabe energy "projects" that have only slapped blockchain on existing risk models, and go for the real revolutionary future that has already started. There is real upside.
Prosume is the first and clearly the one with the most upside.
https://prosume.ioAnd I very well could be wrong, but I guess as far as I see it would be very hard to make any mass scale decentralized power grid. Even if people were generating their own power (which I admit is becoming more popular, albeit a bit inefficient), I doubt the electric companies would allow those users to use the company’s power grid independently; and it would have to be nearly impossible to set up your own physical power grid (both financially and getting the rights to build on the roadside).
But, then again I cannot predict the future and it could very well happen; I just feel like it’s to big of a feat at the moment.
Hello,
Your point is a very respectable one.
Quite frankly, even for me, notwithstanding my active daily profession concentrating on digital and energy markets, it isn't easy to remain adjourned, given the incremental speed of change.
In the present day however, the energy market is undergoing a major shift from an established dogma. We need to observe, and accept the major disruption happening... Disruption is a fashionable and often abused term, which is particularly apt to describing whats happening in energy though.
Numbers are what really counts. They are facts.
Lets use a concrete example. Italy.
The Italian energy market only ten years ago had only thermal power and imported nuclear power from France and Switzerland.
Today out of 137 Terawatt/hour of yearly consumption in Italy, 38 % comes from solar and wind!!!!
That's a MASSIVE disruption!!
It was incentive scheme based, so privileged, but today we've achieved grid parity with renewables. They are cheaper than any fossil fuel, even coal.
Decentralization is a reality! Its not tomorrow.. Its NOW.
Batteries will only accelerate the process.
If you look at other European countries the business case is even stronger. France is the real bomb, sitting on nuclear reactors which all need urgent and major overhaul and that often don't make any more financial sense. Renewables will be the only answer. And they are exploding in Europe. I work on this every day. I'm not guessing.