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How Utilities Can Build Expertise with the Five V's of Data

March 10, 2015 by Christine Hertzog

There’s been a significant amount of hype about the Smart Grid’s four Vs of data – volume, velocity, variety, and veracity. But there’s a missing element to these discussions, and that’s the fifth V – the value of data. In the Age of the Prosumer, the value of data has profound implications for the utility sector.[read more]

What is Prosumer Value to Utilities?

March 3, 2015 by Christine Hertzog

The Age of the Prosumer presents challenges for utilities used to thinking of their customers in terms of kilowatthours consumed. The Smart Grid is responsible for these challenges, borne out of technology, policy, and capital innovations. These innovations trigger many disruptions to the utility business model.[read more]

The Age of the Prosumer

February 25, 2015 by Christine Hertzog

Electricity consumers are transforming into prosumers capable of production as well as consumption. A prosumer can generate kilowatts in the form of rooftop solar or create negawatts in the form of participation in a demand response or EV smart charging program. That’s why for utilities, this is the Age of the Prosumer.[read more]

Rise of the Prosumer: Will Homeowners Ever Be More Important Than Power Plants?

June 28, 2014 by Stephen Lacey

A lot of people in the energy business are making predictions about what the future of electricity service will look like. Although scenarios vary considerably, most agree that consumer choice will be one of the biggest factors changing the way power companies deliver service over the next decade.[read more]