Download - Power2 switch view on energy booth talk
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Consumer Centric Future of The Energy Industry
Seyi Fabode, FT 2010, Power2Switch
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• Power2Switch
• Industry Drivers
• ‘A Day In The Life Of Adam’
• Questions
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• Power2Switch
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Power2Switch
We help people make responsible energy decisions.
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• Industry Drivers
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Industry Driver 1 = Government
Policies, regulations and incentives
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Industry Driver 2 = Private Sector (New Technology)
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Industry Driver 2 = New Technology
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Industry Driver 2 = New Technology
“Venture capital kingpin Kleiner Perkins acknowledges weak results”
Gigaom
“Don’t compete against China for commodity products”
Elon Musk at SXSW 2013
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Industry Driver 3 = Consumersaka Most Important Driver
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Industry Driver 3 = Consumersaka Most Important Driver
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Industry Driver 3 = Consumers
aka Most Important Driver
Demand in the Industrial and transport sectors ultimately produce output consumed by the residential segment. Fundamentally the end use of all this energy consumed is to serve the end consumers (Exxon Mobil Report 2012)
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Industry Driver 3 = Consumers
aka Most Important Driver
Stats: Energy demand in developing nations (Non OECD) will rise 65 percent by 2040 compared to 2010, reflecting growing prosperity and expanding economies
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Industry Driver 3 = Consumersaka Most Important Driver
Most people care about how #1
Self
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• A Day In The Life of Joe
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High cost of the new technology will be borne by early adopters, prices will drop
Distributed Generation (SolarCity)
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High cost of the new technology will be borne by early adopters, prices will drop
Distributed Storage
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Time Of Use Prices for Energy, ‘Power Saving Mode’, LG Fridge
Smart Home Appliances
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High cost of the new technology will be borne by early adopters, prices will drop (Nest Thermostat)
Smart Home Appliances
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High cost of the new technology will be borne by early adopters, prices will drop and we’ll all have our version of the Tesla Model S
Electric Vehicles
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Net Zero Energy Home
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In the meantime, we gather consumer provided information and educate them...
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• Thank You! Questions?