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We are all accustomed to a fairly simple electricity distribution system in which a few producers control power plants according to the fluctuating demand of millions of customers. But with the planning and control systems we have for this, controlling and switching millions of renewable energy providers is simply impossible. We all witness the news on congestion, power outages, imminent black outs, price hikes and increased transportation costs, as also mentioned by the International Energy Agency (IEA<\/a>) and BloombergNEF<\/a>.<\/p>\n

Not to fear: The successful progression of the internet from the early \u201890s to now gives us a valuable engineering playbook to overcome similar hurdles and software and hardware challenges we experience within the developing energy transition. Furthermore, the price development of energy generation and storage follows a trend like that of computing power and data storage. It is very conceivable that this alone could completely change the operating and cost structure of energy and literally transition the balance of power to the people.<\/p>\n

Inevitably, the systems for energy and digital technology, communications and data are becoming intertwined. Thanks to the world\u2019s large system for data and knowledge\u2014our faithful and indispensable Internet\u2014a distributed and decentralized energy system is possible.<\/p>\n

Meet the IoE<\/strong><\/h3>\nBecause it will become possible for each electricity user to be at once a provider, consumer, balancer, converter or buffer of energy, the number of users and connected devices is growing exponentially. To efficiently handle this growing demand, we need a more reliable and scalable distributed system with open architectures<\/a>.<\/p>\n
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