I can't speak to overall strategy, as that's above my pay grade, but I can say that I HAVE worked in that area and I think everybody here is really interested in getting into that.
At my last startup, we had a prototype going at my house where we had a specialized smart meter with relays attached to the hot water heater, and an internet enabled thermostat. We could monitor, control and schedule peak load over the course of the day pretty easily. It was pretty labor intensive to set everything up (it was mainly the tapping of the mains and running the relays to the hot water heater), but actually worked well based on some simple schedules. I estimated that I saved about 15 to 20% of my power bill once it was in place.
The great thing about all of this, is that like most internet applications, the benefits become more pronounced and easier to achieve at scale. The more you can feed into a system, from both the supply side and the demand side, the better you can get at predicting and controlling the nature of the grid. And that transitions into some pretty serious effects on the economics of the situation, without really needing any major technology breakthroughs.
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I can't speak to overall strategy, as that's above my pay grade, but I can say that I HAVE worked in that area and I think everybody here is really interested in getting into that.
At my last startup, we had a prototype going at my house where we had a specialized smart meter with relays attached to the hot water heater, and an internet enabled thermostat. We could monitor, control and schedule peak load over the course of the day pretty easily. It was pretty labor intensive to set everything up (it was mainly the tapping of the mains and running the relays to the hot water heater), but actually worked well based on some simple schedules. I estimated that I saved about 15 to 20% of my power bill once it was in place.
The great thing about all of this, is that like most internet applications, the benefits become more pronounced and easier to achieve at scale. The more you can feed into a system, from both the supply side and the demand side, the better you can get at predicting and controlling the nature of the grid. And that transitions into some pretty serious effects on the economics of the situation, without really needing any major technology breakthroughs.