innovation in energy - first meetup
TRANSCRIPT
Innovation In EnergyFIRST MEETUP
APRIL 03, 2015
Service Provider
Evolving Power Industry Paradigm
Computing Hardware
ENIACIntel
IBM
Apple
Smartphones
VALUE
TIME1940s2000s
Internet
ArpanetWorld Wide Web
Microsoft
Yahoo!
Airbnb/Uber
VALUE
TIME1970s2000s
Electric Power Grid
Edison / Tesla
Solar / Wind
Smart Grid
EVs / Storage / microCHP
Transactive Grid
VALUE
TIME
Future Apps
SupplyRenewables
Stability / Reliability
Resiliency / Independence
Economic Efficiency
Customer Service / User Experience
Where are we??(2015)
1900s
2000s
Introduction – Karthik Krishna
2004-07 - Research and product development of metal cutting tools
2010-11 - Research Engineer at a Lab at Michigan Technological University
2009-14 - Member, Smart Grid Interoperability Panel
2011-13 - Advanced Program Development, Colorado Springs Utilities
2013 – Entrepreneur
Transactive Energy
MicroCHP
Adapted from resources made available by Transactive Energy Association.www.tea-web.org
MicroCHP Technology
Combined generation of heat and power at close to 90% efficiency
Natural gas fuelled systems commercially available
Focus on RD&D on flex fuel systems – syngas from biomass/gasified coal
Micro Turbine Technology BV
Service Provider
Tipping point – Innovative Business Models
Business Pitch
Distribution service provider for energy with a focus on deploying micro-CHP technologies enabled by Transactive Energy.
A consumer enters a contract with the service provider and allows the micro-CHP unit to be installed and maintained by the provider with a zero or low upfront capital investment.
Location: Upper Peninsula region of Michigan.
Looking for sources to fund the field testing and piloting stages.
Source: Michigan Public Service Commission
Global focus
Build expertise that can be utilized to find innovative solutions to energy problems anywhere in the world.
Explore potential for collaborating and implementing TE pilots without any limitations on geographical locations.
Colorado Springs, United States
Sri City, India
Masdar City, United Arab Emirates
Source: Destination Colorado Source: LinkedIn Sri City Integrated Business City
Source: Siemens Source: Destination Colorado
