Blockchain technology has passed its peak in the hype process, according to Gartner Consultings well-known hype cycles for emerging technologies. Blockchain could change how different business processes are executed, e.g. financial transactions or electricity trade. In our last post we have already introduced the theory of disruptive innovation as it was defined by Clayton Christensen in his book The Innovators Dilemma (1997) We will only sum up the key elements of the theoretical concept here and recommend this post for a more detailed introduction of the concept. blockchain lays the foundation for disruptive innovation - but does not qualify as a disruptive innovation itself. The fact that an application is based on the blockchain technology does not imply that the application is disruptive, nor is the technology itself a disruptive innovation, we can see in the financial sector is that most large financial institutions are currently investigating and testing firstBlockchain applications, but it is likely that these applications will result in sustaining or efficiency innovations.Read Full article
Explaining the Jargon behind the Internet of Things
Networking has developed its own lexicon and often people do not fully explain their jargon in simple context. This is an attempt by Wesely Whited, a DNV GL lighting and controls consultant, to translate the most common terms used into a language.Read Full Business Practice
Digital platforms in the energy sector – definition & first applications
In our last two posts we focussed on different concepts for regional flexibility markets. We raised the question whether the future of the distribution grid operators lies in platform businesses or basic asset ownership. In todays post we will shed some light on platforms and their.Read Full article
Blockchain and the Internet Of Energy
The vision of an internet of electricity is becoming a lot more real with the growing understanding and adoption of blockchain and cryptocurrency. This article gives an idea of the endless possibilities of this concept. It will always reward the most viable solution, which might in cases.Read Full Business Practice
Infrared Thermal Energy Scanning for Energy Efficiency Assessment
Infrared scanning provides you with good images of the condition of an electrical installation. thermal images make you discover wasted energy and upcoming faults. infrared scanning has the best Return on Investment (ROI) of any of the available electrical inspection tools.Read Full Business Practice
Here’s How European Energy Companies See The (Near) Future
Two days at Europes premier energy conference, eurelectric 2017, reveal how utilities are rapidly adjusting — and looking forward- to a new era of opportunity. Three years ago, less than half of delegates of this conference saw an opportunity in decarbon.Read Full article
Blockchain in the energy sector: Institutional disruption?
Blockchain technology has yet to prove that it can meet the (very high) expectations. It is a distributed, digital peer-to-peer register, which stores every transaction between two connected agents in a ledger. To create sufficient security for a Bitcoin.Read Full article
Cleantech startups: German utilities bridging the valley of death?
In the period from 2006-2008 clean tech was one of the hot topics for venture capital funds. At the MIT Gaddy et al (2016) compared the data from clean tech with two other technology sectors: Software and Medical. From this data we.Read Full article
Can data analytics replace people in energy efficiency?
Data analytics can identify potential customers where there may be energy efficiency opportunities. Existing load information cannot determine exactly what is creating the load pattern. analytics can only provide directional vs. actionable information. It will never be able to gauge the interest .Read Full article
Compressed Air: Energy efficiency at the top of the ComVac agenda (HM17)
The latest edition of ComVac will be staged from 24 to 28 April 2017 in Hannover, Germany. 260 exhibitors will be there in halls 26 and 27 to shocase the current state of the art in industrial compressed-air and vacuum-.Read Full article