It is an opportunity for the executive or the technical staff to learn more about how interoperability will open up new markets and enable innovation across the whole electrical supply chain.

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GridWise looks to transform the production, delivery, and consumption of energy by adopting an open standards-based architecture across the entire power grid. GridWise makes no assumptions that future power markets will look as they do now. GridWise applies the latest approaches of Information Technology to the problem or Electrical distribution. GridWise anticipates that opening up the interfaces to each business activity of the Grid will open electric power markets to innovation.

Interoperability is key to successful markets. Every level of the electric market from generation, to transmission, to local distribution to the customer will support interoperability through open interfaces. Interoperability opens markets, and GridWise will open markets and create business opportunities across the electrical power markets. Renewable power, differential pricing, near-grid buildings, and many other technologies addressing the most pressing issues of our time will be set free by interoperable standards.

So what does IT bring to the Grid?

1. By working at the surface of Power Generation, we hope to create a live NASDAQ of power purchases, augmented by a formal ontology traditional value like reliability and emerging values like sustainability.

2. By working at the interface between transmission and distribution, we anticipate enabling the development of micro-grids offering superior reliability supporting local generation.

3. By working at the end of the distribution grid, we will deliver real-time usage and live pricing information to the home and office, offering incentives for more efficient energy use and storage.

4. By working on the outside of the home and office, we anticipate new value propositions such as orchestration of on-side production and storage as well as competitive third-party management of power.

5. Federated Identity Management. Look at 1-4.

The opportunities are large. The goal is to enable the creation of whole new markets., ones that will offer incentives to drive innovation instead of to throttle it.

Many were first introduced to the principles of GridWise at GridWeek in Washington last spring. Grid-Interop is a more technical discussion of interoperability and the energy markets. It is an opportunity for the executive or the technical staff to learn more about how interoperability will open up new markets and enable innovation across the whole electrical supply chain. Grid-Interop web site www.grid-interop.com

Keep an eye out for details

http://www.gridwiseac.org/interop/gridinteropforum.stm

New Daedalus says “Check it Out!”

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