- May 9, 2018
- 472 views
Here is an interesting podcast about the effects of digital disruption on energy. It features David Turk, head of energy environment division at the IEA. Briefly, he discusses four important factors from the digital perspective that might affect energy markets: blockchain, integration of renewables into the grid, electric vehicles, and smart demand response (or matching of demand and response). All four could result in significant savings for energy consumers and producers. But they will need a revision of the way we think about energy systems and upgrades to existing infrastructure. According to Turk, the transition should be relatively easy in developing economies because they do not have the sunk costs of energy grids.