If you made it through the long-winded title of this article, then you probably already understand what we’re talking about, but for the benefit of those who don’t, let’s briefly define the two key terms:Ad Avoidance: A behaviour characterised by an unbridled hatred for advertising, resulting in sometimes extreme actions intended to circumvent, avoid or violently destroy adverts.The internet of things: A term used to describe the ever growing network of home and office appliances which have web access.Now that we’re on the same page, let’s get right into it. The Internet of Things (IoT) is already “a thing” and its growth is unprecedented. There are a myriad fascinating topics that we could discuss regarding the IoT, but our focus in this article is its impending influence on our very own mad world of marketing.
The success of solar plus storage is defining the growth potential of renewable energy. Solar plus storage is a key necessity for solar to overcome limitations like intermittency and the lack of power after dark.In fact, Lux Research predicts that distributed storage for solar systems will be worth $8 billion in 2026, as solar combines with storage to continue its remarkable growth.
Integrating – not just adding distributed energy resources – is the key to strengthening the new grid. That realization is what led to the Duke Energy microgrid test bed, created with the help of an intriguingly named ‘Coalition of the Willing.’ The impetus for the project goes back to a few years ago, when the utility saw the explosive growth in distributed energy resources — especially in Hawaii and California. “We saw there would be issues if we didn’t have a plan to interconnect the resources and fully
In 1882, Thomas Edison opened the first commercial central power station in lower Manhattan, serving a one-quarter-square-mile area, and launching urban electrification.1 New companies arose to help develop large regional and then a national electric grid, providing the reliable power needed to unleash waves of innovation. An ever-growing demand for electricity fueled the construction of the largest machine ever built and one of the greatest engineering achievements of the 20th century: the US electric system.2 Today, most Americans take reliable, affordable power for granted, never having known a time without it. But the assumptions and models underpinning that reliable, affordable power are shifting. Historically, utilities have been able to invest heavily in generation and delivery infrastructure because steady growth in demand maintained affordable prices for customers and yielded reasonable returns. However, increased efficiency, conservation efforts, and alternative power sources have eroded demand growth from about 7 percent annually (1949 to 1973) to about 2.5 percent (1974 to 2013);3 the projected growth from now until 2040 is less than 1 percent.4 This level of growth is no longer enough to maintain the current system without raising rates. Yet, tighter emission regulations, greater reliability expectations, and the aging transmission and distribution system require more than maintenance; they need expensive upgrades and replacements. The most straightforward response—raising rates—is not always attractive, as both utilities and their regulators are charged with keeping rates affordable, and higher rates increase the competitiveness of alternatives to utility-provided power.5 The industry, then, must look beyond its traditional cost-of-service model6 and focus on asset utilization and streamlining costs through operating efficiencies. Technology, particularly Internet of Things (IoT) applications, offers a range of possibilities for how electric utilities can move forward. IoT can improve the efficiency and performance of the power grid in three phases: first, by gathering data from sensors to improve the resilience of the grid; then through enablement, where utilities use that data to actively manage resources; and finally, optimization, where all stakeholders are able to make informed decisions about power usage and generation. Through these three phases, IoT offers some indications of how utilities can not only survive, but thrive, in this new competitive environment.
The Internet of Things (or IoT) can be a particularly precarious place to invest. The IoT is still in early stages, which leaves plenty of room for volatility. But despite this, IoT’s potential is too massive to ignore. Cisco estimates that by 2020, there will be 50 billion things connected to the Internet, everything from cows to computers. All of those connections have the potential to fuel a lot of growth in the coming years, from established tech companies and IoT pure plays alike. But jumping into IoT stocks can feel more like a leap of faith than a sound investing decision. To help you determine which stocks have the best IoT potential, here are three companies that are making big strides right now and could have huge payoffs later.
While neither company is in the habit of announcing products or platforms outside of their own events, both Google and Apple have looked poised to make significant smart home announcements for the past six months. With CES, a prime candidate for such an announcement, now out of the way, we have to ask when the Google and Apple smart homes will arrive.A likely reason for the slow progress suggested by a recent Accenture report, which found that consumer enthusiasm for tech had significantly waned in the past year, and that the small growth of IoT devices is nowhere near enough to compensate for the falls in smartphone, laptops and TV purchasing intent and consequent revenue. The Accenture report was released just before CES, and it’s possible that the two would wish to avoid announcements that would allow the press to join the dots and brand the launch a doomed endeavor.
The American Wind Energy Association (AWEA) has announced that wind led the clean energy sector in terms of progress in 2015. “This American success story is not only helping us build a better world for our children, it’s also helping consumers save money,” said Tom Kiernan, CEO of the American Wind Energy Association. “Wind energy’s continuing growth is something that should make all Americans proud.”
Here comes the Internet of Things ( IoT). Again. A year ago, I wrote a column here arguing that the IoT movement isn’t all that it’s cracked up to be, primarily because being able to connect “things” doesn’t make them an “Internet of Things.” I thought it would be a good time to revisit my position in light of all the press that IoT has been getting lately. Gartner has estimated that some 6.4 Billion connected things will be in use by the end of 2016, with some 5.5 million new things getting connected every day. This is a significant increase on their earlier estimate of 4.9 Billion connected things for 2015. Clearly a lot of connected things have come online and continue to come online. A further analysis reveals that over 60 percent of the connected things relate to the consumer goods industry, with the rest being split evenly between cross-industry devices such as light bulbs and industry specific devices such as hospital equipment. We have also seen an unexpected increase in buzz around driverless cars which are the biggest poster boys for the IoT movement today.
For this installment of our popular series of interviews with utility insiders, we sit down with Raiford Smith, vice president of corporate development and planning for CPS Energy to ask him what his San Antonio-based utility has in the works. CPS Energy manages the largest renewable portfolio in Texas and the sixth-largest in the U.S. How did you get there? Was that planned? Was it natural organic growth? What was the process?Smith: Our transition flows directly from our Vision 2020 strategy to 1) promote energy efficiency and demand response as an economic alternative, 2) provide customers in the Greater San Antonio region with more options for new products and services, and 3) transition from traditional generation sources to providing affordable, reliable, cleaner energy with a diverse portfolio of sustainable assets.
The personal-computing market, long known to be struggling, is in worse shape than most analysts believed — and that’s bad news for the handful of tech giants that continue to derive the bulk of their revenue from this still vast, but quickly declining, industry. Behemoths like Microsoft, Intel, Hewlett-Packard, Dell and Lenovo have generally failed to build much presence in tech’s new growth markets even as their core PC business shrinks.If the PC industry’s “big five” can’t successfully find new frontiers in emerging areas like mobile, artificial intelligence, virtual reality, the cloud and analytics, the consequences for both Wall Street and Main Street could be severe. Despite their shrinking market, these vendors collectively still employ more than 640,000 workers and represent a combined market capitalization (excluding privately held Dell) of $655 billion. Their decline’s effects could quickly ripple through the economy.