These types of open-source communities have been really fruitful in the booming IT sector for more than 2 decades. Will it be the same for the Energy/Power sector?
We might expect that it would allow us, in the industry, to further share our research results with this open source approach and that it can facilitate or even accelerate technology transition.
LF Energy intend to focus on curating reusable components, open APIs and interfaces through project communities that the energy ecosystem can adapt into platforms and solutions. Building the plumbing upon a common infrastructure enables energy companies and solution providers to differentiate at higher value layers and services, while reducing cost and integration complexity at non-differentiating layers.
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As a result, power system providers might be empowered to achieve time to market, scale and efficiency much faster than ever before. So, What do you think of this initiative in the context of our industry?