Our world is becoming More Electric. Almost everything we interact with today is either already electric or becoming electric. Think about it. From the time you start your day in the morning to the time you finish your day – your home, your car, your work, your devices, your entertainment – almost everything is electric. Imagine the energy needed to power this. Electricity consumption will increase by 80% in next 25 years
More Connected: Our lives are also becoming more connected. The Internet has already transformed the way we live, work and play. Now the Connected Things is going to take this to a brand new level. 50 billion things connected in the next 5 years.
More Distributed: With such a widespread electrification and connectivity, energy models need rethinking as well. Which is why the generation of power needs to be closer to users. Distributed Energy is rapidly evolving globally. This is positive energy – renewable. In 2014 , Renewables overtook fossil fuels in investment value, with $295bn invested in renewables compared to $289bn invested in fossil fuels. And it is getting cheaper to do this.
More Efficient: When our world is more electric, more connected and more distributed, new opportunities emerge and allows us to tap into even more efficiency – in industrial processes, in the energy value chain, in buildings, in transportation, in the global supply chain and even in the comfort and peace-of-mind of our homes.