We all want to be innovative, and no one can ignore the push to digital. So we all agree these newer discussions are good beginnings, but what are the next steps? How do we dig down into the details to make all this innovation and all this digitalization actually happen? And what are the hurdles to getting there?
The Utility Analytics Institute, a member-based organization that spends all its time talking to utilities and vendors alike in this space about one thing and one thing only—that awesome opportunity that is analytics.
This weekend, tons of Americans scoured 7-elevens for special glasses, pinged Bill Nye for science fanatic insights, and even piled into cars, trucks and RVs with “totality or bust” cardboard signs—wandering off in search of the perfect view of #solareclipse2017 set to sweep across the U.S. today between 10 am PT and 3 pm ET.
The average American home uses 10,932 kilowatt hours (kWh) of electricity per year, or an average of 30 kWh per day. Surprisingly, the electric vehicle parked in the garage uses very little electricity by comparison--approximately 2,520 kWh annually, less than that required for the electric water heater in the basement.
Rodger Smith, Oracle Utilities' general manager and senior vice president, maintains that the industry was founded upon innovation: Thomas Edison, Nikola Tesla, Elihu Thomson, Frank Sprague and others defined turn-of-the-20th-century innovation in their invention, research, development and commercialization of technologies that gave birth to the electric utility industry of today.