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Trend 2: The Decentralization of Energy

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Decentralization is another trend driving the energy transformation. In simple terms, decentralization means shifting away from the traditional energy model in which monopolistic utilities providers with large power plants distribute energy to the end user. Instead, the energy networks of the future will be distributed, meaning more energy will be generated away from the main grid (thanks to a combination of renewable energy and localized “microgrids” – any localized energy grid that functions independently or as part of a larger, standard energy grid). With this model, consumers generate energy for their own needs. Many of us are already familiar with this idea through the use of rooftop solar panels, but decentralized schemes can serve anything from a single building to an entire city. This ultimately means organizations, local authorities, and consumers can take charge of their own energy portfolio.

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