pecan street project's smart grid research is generating incredibly...
TRANSCRIPT
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"Pecan Street Project's smart grid research is generating incredibly valuable information on how, when and on what customers use energy. It will end up as the single greatest collection of consumer energy data that has been developed in the United States.”
Dr. Michael Webber, University of Texas researcher
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Things change
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2008-2010
“Unlike the Internet, which went through a rapid boom-and-bust cycle – a classic bubble – the transition to new energy ... technologies will look more like a long boom.”
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Summer 2011 “Google Kills PowerMeter” June 24, 2011
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Why aren’t new energy technologies creating more jobs?
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Why the clean energy economy
is underperforming
Preconditions for disruptive innovations have yet to occur
Disruptive innovations are necessary to achieve significant growth
New technologies have been deployed overwhelmingly by utilities.
New products and services overwhelmingly ignore innovation theory.
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outline Types of innovation
How technologies enter marketplace
Evaluate current technologies and products
Roadmap for disruptive growth
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3 ways new technologies enter market
Sustaining innovation Within existing market and delivery structure
Regulatory fiat Policy mandates
Disruptive innovation New customers or consumption occasions
Boeing 777, plasma TV
Smoke alarm, corn ethanol
Telephone, transistor radio, mobile phone, Japanese photocopiers
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Economic growth potential
Sustaining innovation Moderate, incremental
Regulatory fiat Moderate or negative
Disruptive innovation Significant
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Sustaining innovations
How deployed Within existing market and delivery structure
Customers Most demanding customers in industry
What they’ll pay for Improvements to incumbent systems along metrics they value
Capability: software upgrades
Price
Ethical
Winning companies Incumbents
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Sustaining innovations
Cramming Deploying new technologies into incumbent models
Impact Outcomes
Not disruptive
New technology’s features a liability
Square peg into a round hole
Company tries to convince customers to change behavior or put up with something they don’t seem to want
even though they don’t work well in that model
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Regulatory fiat
How deployed Regulation, legislation
Customers Subject of government mandate
What they’ll pay for What is required to comply Distinction between product mandate and performance mandate
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Disruptive innovations
How deployed New platform
Customers Customer whose needs aren’t well met by incumbent offerings
Requirements Solves a problem for customers that incumbent solutions do not do well
New platform
Killer app
New location / context of consumption
Winning companies New entrants
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Disruptive innovations
Platform characteristics
Built on other platforms
Capable of more than one use
“Plug and play”
light bulb sockets, 120v outlets, USB Examples:
Open
well-defined interfaces
Microsoft Windows Internet
Electric grid
Empower customers to do job in new context
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Disruptive innovations
Platform characteristics
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Disruptive innovations
Platform characteristics
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Disruptive innovations
Platform characteristics
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Disruptive innovations
Platform characteristics
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Disruptive innovations
Platform characteristics
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Disruptive innovations
Platform characteristics
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Disruptive innovations
Platform characteristics
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Disruptive innovations
Platform characteristics
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Disruptive innovations
iPhone and App Store
GPS services
Calculator makers
Camera companies
CD and DVD manufacturers Video camera companies
Map makers
Stopwatch makers
Compass makers Large software companies
disruptive to –
Phone companies
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Innovation checklist
What type of innovation?
Electric vehicle
In-home charging
In-home charging with –
rooftop solar PV
Solar farms
Home energy management system
in-home battery
Public charging stations
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Sustaining innovations
• Gas-fired peakers
• Smart meters
• Demand response
• Time of use pricing
• Electric vehicles
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Load control approaches
Sustaining Demand response
Turn off air conditioner
Raise prices in afternoon
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Next Internet Distributed structure
New consumer products Next telecom
New consumer services
Solve problems in consumers’ lives
Smart Grid is...
Consumer value���
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Benefits of Internet
Access to information – World Wide Web, Wikipedia, Google
New forms of communication – email, Webex, blogs
Online marketplace – Amazon, Expedia, .com
Entertainment choices – Netflix, YouTube, iTunes
Social connection – Facebook, Twitter, chat
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Sustaining innovations���
• Solar farms
• Utility-run home energy management
• Utility-scale Batteries
Cramming
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Roadmap
Platforms
• Home Services Systems
• New type of distributed grid
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Disruptive Centered on Home Services Systems
Leverage energy data for new products and services
Similar to App Store model
Roadmap
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Roadmap
• Vehicle charging in residential garage
• Natural gas grid
• Rooftop PV charging of vehicles
• Apartment building microgrids
• Home apps
• Home health care monitoring
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Benefits of wireless
Access information anywhere
Communication mobility
Mobile apps - hundreds of thousands
Affordable Internet
Social connection
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Benefits of smart grid
Improved billing
Outage detection
Fewer trucks to read meters
Help utilities integrate more renewables
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I want that!
Outage detection Fewer trucks to read meters Improved billing
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Benefits of smart grid
Improved billing
Outage detection
Fewer trucks to read meters
Help utilities integrate more renewables
Impacts day-to-day activities of –
Utility
Utility
Utility
Utility
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Innovation checklist
What is the product?
Who is the target customer?
Where is the product deployed or used?
Is the product deployed or used in a different location than the incumbent solution?
What job is the customer trying to get done with the product?
What are the incumbent solutions?
What type of innovation is it?
Is the customer either a low-end customer or a new consumer of products that do this job?
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Innovation checklist
What are the metrics of performance that are important to the most demanding customers in the industry?
How do target customers feel underserved by incumbent solutions?
Does the product have performance limitations compared to incumbent products?
How would the product provide superior performance in the area where the target customer feels underserved?
What refinements would be needed in the product to make it attractive to the mainstream market?
Sustaining innovations
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Innovation checklist
What is the new platform on which the product is deployed?
Which uses does the platform enable?
How does the product help customers do more easily and effectively what they were already trying to get done?
Disruptive innovations
Does the product’s success depend on the customer changing behavior or adopting new priorities?