21st Century Energy
Ecolectrics - Technology
The World's energy infrastructure is seeing historic investment in Energy Efficiency, Clean Energy, and Energy Storage. This is due in part to four principal concerns: (1) the very real threats of cyber-attacks, (2) the unceasing pressure of evolving and burgeoning industries, (3) the insistence on interoperability of centralized and decentralized controls, and (4) the environmental, social, and corporate governance (ESG) initiatives of governments, enterprises, and investors.
Modernization of the Electrical System and Line Transmission, Electrified Transportation and Electrical Vehicle Infrastructure, Upgraded Convergence of Broadband and Power, and the pursuit or Clean Energy Innovation is all on the table. Approximately $4 trillion per year will need to be invested in order to address the problems at hand.
Ecolectrics is committed to meeting this challenge and chooses to play a significant role in its transformation.
Solar is by far the fastest growing technology in the energy industry. Although the application of solar has centralized around utility-scale and aggregated residential retrofit, the versatility and scalability of PV allows it to be deployed and remain cost-effective in nearly every setting.
That being said, nearly 1/3 of the marketplace has been left behind. This is about to change. Financing for Commercial and Industrial entities through Front-Loaded leases, Exchange boards, and new entrants like REITs, as well as expanding markets like Asset-backed securities, are all aiding in the momentum-building of the C&I space.
Digitization has created a whole new level of energy demand through the spawning of Big Data. In its first two evolutions, the focus went from structured data warehousing and mining to unstructured behavioral data extraction and analysis. Now in its 3rd evolution, Big Data is location-aware, context-relevant, and person-centered. Mobile visualization and Human-Computer interaction has increased the collection of data by an order of magnitude.
Hyper-scale data centers are now necessary to manage all of the accumulated data - consuming 205 TWh of annual electricity. Intensifying the situation even further, crypto-currency adds more than 129 TWh of annual consumption; the country of Norway only uses 124 TWh of electricity of electricity each year.
The demand is not going away. As the Internet of Things ushers in a new era of data collection and interconnectivity, applications such as virtual and augmented reality, fully autonomous vehicles, and human-robotic interfaces are expected to drive the projected growth of Big Data at a CAGR of 25% until 2030. Distributed Generation and Storage solutions are the only way this demand can be satisfied.
EV Charging Stations
L1 / L2
The World energy industry has historically divided itself into 4 main sectors - Residential, Commercial, Industrial, and Transportation. Of these four, Transportation has required a negligible amount of electricity to fuel its movement. This is all changing before our eyes.
The transportation industry has decided to finally electrify. And they are not doing it in a subtle manner. Transport electrification is expected to be anywhere from 540 to 1140 TWh of annual usage for light-duty vehicle in the U.S. alone, by 2050. The different forms of electric vehicles (battery, plug-in hybrid, and autonomous) currently available and on the design board would suggest that the World's energy demand will increase by nearly 35%.
The infrastructure needed to address this seismic growth will need to consider not just the energy delivery, but also the shift in capacity demand.
Energy Management Systems
The convergence and interconnectedness of devices and the power grid has enabled immeasurable opportunity. However, it has also left us exposed and vulnerable. The need to have access to power and communications, and for those two utilities to remain interoperable, has pushed the industry to reconsider its approach to energy management, resiliency, and security.
As the World fully immerses itself in the Fourth Industrial Revolution, EMS systems are of paramount necessity. Energy Intelligence and Cyber-Security are applications that will need to be a major focal point for the industry, as it will be for us over the coming decade.