Whilst the UK government continue to take leaps backwards into 'old thinking' around energy, business continues to go in the other direction. The UK has long been a bastion of innovation in all kinds of technology. Let's hope Brexit doesn't kill that, nor the government for that matter!
The 'internet of energy' is coming, and this is a great example of what is possible now. Not 'soon', not 'in the future', but now. Reduction in costs for solar, wind and energy storage is killing outdated energy economics and business models. When will the government wake up to this? From what I've heard so far from the new BEIS department, not for some time yet!
The development is part of a wholesale change taking place in the energy industry, in which large, centralised fossil-fuel power stations are being replaced by decentralised renewable energy and smart grids. The government’s own National Infrastructure Commission (NIC), the National Grid and industry group Energy UK have all said an energy “revolution” is taking place, delivering a low-carbon system that is more secure, cheaper and faster to build. The NIC recently estimated that UK consumers could save £8bn a year by 2030 by adopting smart power technology, while also helping the nation meet its climate change targets. Numerous companies are working on smart grid concepts.