In 10-12 years from now, the whole Utilities and energy market will look dramatically different. Decentralization of energy production with consumers converting to prosumers pumping solar energy into the grid and offering their electric car batteries as storage facilities, spot markets for the masses offering electricity on demand with a fully transparent price fixing (energy in a defined region at a defined time can be cheaper, if the sun is shining or the wind is blowing strong), and smart meters in each home being able to automatically contract such energy from spot markets and then tell the washing machine to start working as soon as electricity price falls under a defined line. And – if we think a bit further and apply Google-like business models to the energy market, we can get an idea of the incredible size this market will develop into.
via Identity Management is key to Smart Grid Security | Joerg Resch.
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