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September 2010 | Vol. 3 Issue 9 |
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CONNECT |
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ENERGY & POWER
Electricity and Infrastructure
Move
to Sustainability
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During GIL’s Energy & Power track, energy and automotive industry thought leaders gathered to discuss and explore how electricity and infrastructure are moving in the direction of being more “smart and sustainable.”
The afternoon session kicked off with presentations by Frost & Sullivan and Schneider Electric about the impact on the grid of renewable energy, energy efficiency standards and electric vehicles. The sessions identified how the old utility model—generating or buying power, transmitting it over the grid and billing end users—would soon be outdated, and replaced with a need to integrate distributed generation, monitor and control power along the system, manage and plan for an increasing number of electric vehicle chargers, and anticipate the growth of third party energy management firms to take over various aspects of the system.
Having laid the groundwork for an interactive afternoon of discussions and debate on the future of energy in the United States, Underwriters Laboratories then led a conversation on what smart grid means to different audiences. Through first identifying the individuals and companies in the room—over 30 in all—the discussion moved to how different industries viewed these issues. The session underlined a major issue with understanding and profiting from smart grid markets: that the industry is still being defined, and its future growth direction somewhat uncertain. The session had a few individuals from the utility industry present, whose opinions were highly valued and explored by many in the room that came from companies who service the utility market.
After our networking break, the group came back together for a presentation on a best practice, this time in the solar power industry. Solar power markets are expected to experience double-digit growth globally for at least the next five years, and SunPower provided a compelling and fascinating look at how the industry, and their company, has evolved to reduce price, increase reliability and offer financing solutions.
The day wrapped by taking these ideas, challenges and solutions, and posing them to a panel of experts both from the supply and demand side. Represented on the panel were Black & Veatch, Southern California Edison, ABB and the California Energy Commission. The first question posed to the group was a clear, concise: “Who is really pushing for smart grid?” That led to a lively discussion on how industry, utilities, and government are coming together to drive and find opportunities in this growing space.
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GIL 2010: Middle East
The Global Community of
Growth, Innovation and Leadership
Rotana Yas, Yas Island Abu Dhabi
October 6, 2010
GIL 2010: Asia Pacific
The Global Community of
Growth, Innovation and Leadership
Singapore
October 18-19, 2010
GIL 2010: China
The Global Community of
Growth, Innovation and Leadership
Shanghai
November 9, 2010
12th Annual
MARKETING WORLD, 2011:
A Frost & Sullivan Executive MindXchange Series
February 8-10, 2011 |
New Orleans, LA
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