Introduction: The Smart Energy Revolution
The energy industry is transforming. With national commitments to energy decarbonisation, and an increased focus on the security of supply and optimisation of energy costs, the energy value chain is undergoing a fundamental shift.
Technology is evolving at an increasingly rapid rate with innovation enabling opportunities for energy businesses and prosumers to co-exist in a highly connected energy ecosystem.
In five to 10 years, we will live in a world where Smart meters, microgeneration, Smart appliances, electric vehicles and battery storage will be common place. Customers will be empowered with information at their fingertips, helping them to manage multiple energy sources from energy providers and their own home. Today’s customers that use a one-size-fits-all energy tariff will no longer exist.