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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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Pecan Street Project's smart grid research is generating incredibly ...sites.utexas.edu/energyinstitute/education/ut-energy-symposium... · Telephone, transistor radio, mobile phone,

Jul 10, 2020

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Page 1: Pecan Street Project's smart grid research is generating incredibly ...sites.utexas.edu/energyinstitute/education/ut-energy-symposium... · Telephone, transistor radio, mobile phone,

"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

Page 2: Pecan Street Project's smart grid research is generating incredibly ...sites.utexas.edu/energyinstitute/education/ut-energy-symposium... · Telephone, transistor radio, mobile phone,

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.”

Page 4: Pecan Street Project's smart grid research is generating incredibly ...sites.utexas.edu/energyinstitute/education/ut-energy-symposium... · Telephone, transistor radio, mobile phone,

Summer 2011 “Google Kills PowerMeter” June 24, 2011

Page 5: Pecan Street Project's smart grid research is generating incredibly ...sites.utexas.edu/energyinstitute/education/ut-energy-symposium... · Telephone, transistor radio, mobile phone,

Why aren’t new energy technologies creating more jobs?

Page 6: Pecan Street Project's smart grid research is generating incredibly ...sites.utexas.edu/energyinstitute/education/ut-energy-symposium... · Telephone, transistor radio, mobile phone,

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.

Page 7: Pecan Street Project's smart grid research is generating incredibly ...sites.utexas.edu/energyinstitute/education/ut-energy-symposium... · Telephone, transistor radio, mobile phone,

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

Page 19: Pecan Street Project's smart grid research is generating incredibly ...sites.utexas.edu/energyinstitute/education/ut-energy-symposium... · Telephone, transistor radio, mobile phone,

Disruptive innovations

Platform characteristics

Page 20: Pecan Street Project's smart grid research is generating incredibly ...sites.utexas.edu/energyinstitute/education/ut-energy-symposium... · Telephone, transistor radio, mobile phone,

Disruptive innovations

Platform characteristics

Page 21: Pecan Street Project's smart grid research is generating incredibly ...sites.utexas.edu/energyinstitute/education/ut-energy-symposium... · Telephone, transistor radio, mobile phone,

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

Page 36: Pecan Street Project's smart grid research is generating incredibly ...sites.utexas.edu/energyinstitute/education/ut-energy-symposium... · Telephone, transistor radio, mobile phone,

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

Page 37: Pecan Street Project's smart grid research is generating incredibly ...sites.utexas.edu/energyinstitute/education/ut-energy-symposium... · Telephone, transistor radio, mobile phone,

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?