INSIGHT: Optimizing a More Flexible Power Grid

Bloomberg Environment: Think about it: our society is always plugged into something. Whether it’s smartphone chargers or smart TVs or large appliances or electric vehicles, we are consuming more energy than we ever have before. This has led to a host of efforts by utilities to implement demand response programs, which seek to adjust the demand for power, rather than adjusting the supply to meet the demand.

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Grid of the Future: Hygge Power

Hygge Power is building a new platform for flexible energy storage in apartments, homes and small businesses. Their in-home network of small storage devices works together to act as one giant battery, allowing renters and homeowner to deploy backup power where it’s most important at a lower cost. The solution provides critical power during disruptions, while providing…