Data-Driven Planet #25: Utility Of The Future
MIT just released a comprehensive, 300+ page report titled ‘Utility of the Future’. The study evaluates economic, regulatory, and technical impacts of the ongoing evolution of the power sector worldwide.
“Information and communications technologies are rapidly decreasing in cost and becoming ubiquitous, enabling more flexible and efficient consumption of electricity, improved visibility of network use, and enhanced control of power systems.”
— MIT study
The suggestions in the study include that better utilization of existing assets and smarter energy consumption hold great potential for cost savings; conflicts of interest within the industry must be minimized; and the wholesale market design must incorporate distributed resources.
In this week’s Data-Driven Planet:
Learn what it takes for businesses to realize the full potential of their data, and how researchers envision a super-connected, smart city of the future.
- MIT’s comprehensive study on the Utility of the Future.
- Renewables make nearly a third of Germany’s electricity in 2016.
- Blockchain underpins Germany’s new 4.0 100% renewable energy plan.
- Harward Business Review: Why you’re not getting value from your data science.
- Infographic: 2016 — A record year for the clean energy business.
- The future of super-connected, green and resilient smart cities.
As a part of our continued commitment to deliver operational intelligence to our customers, each week we publish a carefully curated list of news we consider to be important. Focused on the intersection of geospatial data, earth science, energy, and IoT, the Data-Driven Planet newsletter includes the week’s most notable developments in the market. Subscribe to this Medium Channel to be notified of the next update.