By now you have likely heard that Tim Cook, Apple’s chief executive, is looking to advance the company’s driverless car venture. This admission is truly exciting since software will play a monster role in the advancement of this project. Despite the idea that developing self-driving cars is itself massive in its own right, Apple may (more importantly) be looking at how this technology could help them open the door for a truly connected experience for consumers, something that completely alters the mobility experience as we know it through augmented reality, blockchain and digital twin technology (an idea I recently discussed here).
Right now, you open the door to your car and sit in the driver’s seat. Unless you actually do something like start the car, adjust the temperature, maybe find a good song on the radio or input your destination into your navigation system, your car doesn’t respond. Frankly your car does NOT know you. That’s about to change thanks to AI and blockchain, the immutable technology platform behind the cryptocurrency bitcoin, which will transcend how intelligent software is used in mobile transportation.
They say everything is bigger in Texas. As a leading state focused on renewable energy growth, that statement would appear to be true, but is it?
With Texas aggressively lowering its reliance on oil production thanks to advances in renewables, more growth from wind and solar power will require modern power grid infrastructure.
There has been ample talk in recent months that California, largely a Democratic stronghold, should consider seceding from the US. following the results of the November U.S. Presidential election. Perhaps it should secede, just maybe not the way one would think. If political rhetoric moves beyond just words and government decision-making really does go back to the states under President Trump’s administration, then California, a state historically a leader in change, and an early adopter of new technologies, especially as it relates to clean energy innovation, can truly give power back to the people and secede, at least from an antiquated power grid that is not able to sustain either current or future electricity demand.
Scott Pruitt, the newly minted head of the Environmental Protection Agency (EPA), gave his first speech earlier this week to the agency’s 15,0000 person team. While he outlined his vision and strong need to create new jobs and boost economic growth, questions about his altruism regarding the environment sadly remain. That doesn’t have to be the case though.
Clean. It’s a word that means different things to different people. Yet in the energy world, “clean”, more often than not, refers to energy produced from renewable sources.
With solar prices continuing to plummet and become more affordable for consumers, a more efficient and localized peer-to-peer energy market needs to emerge as a means to monetize excess clean energy capacity.
To learn more about LO3 Energy and the company's Brooklyn Microgrid project please see the video below. To view the full list of Fast Company innovator recipients by sector please visit http://bit.ly/2lHD8oq.
It’s been said that a tree grows in Brooklyn. Based on my recent visit with Architectural Grille, so does innovation. I was blown away how this company, a light commercial business that is member of the Brooklyn Microgrid is strategically looking to make itself and the surrounding community more resilient. From embracing solar power and implementing the latest manufacturing technologies to creating local jobs, I was able to see firsthand the spirit of modern capitalism and how an established business was looking for new ways to not only stay cutting edge, but to be sustainable to its very core. No greater example of this was management’s willingness to join a pilot study (see video below) aimed at tapping data analytics to examine how to monetize excess energy production through a blockchain platform that can foster a localized peer-to-peer energy marketplace, nothing short of a transformative concept in the power sector.
Opportunity for President Trump and his new administration. It will most definitely come in many shapes, sizes and yes, even industries. To that end, while there was enormous focus in 2016 regarding how blockchain, the digital ledger of transactions, is rapidly disrupting the banking industry, opportunities for this technology do also exist within auto, insurance and energy, a focus near and dear to my heart at Blue Phoenix. This is especially true with the Internet of Things (IoT) blossoming and connected devices usage expected to top 500 billion by 2030 alone according to Cisco Systems.
2016 has been marked by amazing innovation in energy, industrials & auto.
Just wait until 2017!
In this segment, John Licata of Blue Phoenix speaks with CNBC and gives his outlook for renewable energy and ways digitalization technologies such as blockchain can power clean energy.
Blockchain is a hot topic these days, and rightly so due to its vast potential in helping to shape news ways to transparently perform real-time transactions and evolve the future of secure global business. With such a lighting in a bottle type of disruption at our fingertips, the internet as we now know it is about to look like black and white televisions. Here are some quick thoughts on blockchain I put together and wanted to share with you.
We continue to believe that it's imperative for today's energy companies to embrace new content mediums whenever possible in order to successfully reach a younger demographic, especially millennials. That's why as an energy branding company generating forward-looking digital content in niche, emerging energy verticals, it was a no-brainer for Blue Phoenix to kick-off our new Snapchat Energy Stories.
More and more millennials are buying single family homes outside the city limits due in part to urban centers reaching “peak millennial” as stated by Professor Dowell Meyers of USC. Many of these rural homes are older - something that can make the purchase more affordable, along with mortgage rates that are still near 40-year lows. However, aging homes often need upgrading and are not nearly as energy efficient as compared to newer construction.
With news that Apple has created an energy subsidiary reverberating throughout the energy sector in the past week, power providers need to quickly figure out how they could market their services like the tech giant.
Much more than previous generations, millennials are socially conscious, especially when it comes to the environment and who they buy products and services from. Considering most millennials and Gen Z growing up behind them are connected to mobile devices, the way energy companies interact with them must change. Therefore content strategy should be about storytelling, personalization and conversation. The younger generation wants to feel like they are being heard, by humans. So if you are trying to engage with customers, don’t rely on chatbots - not yet anyway.
In a world more focused on sharing, efficiency and affordability, adding customers for utilities is simply not the win is used to be. In fact, “retaining” them is more important than ever for today’s utility players. This is why data can play a pivotal role to drive new insights that can ultimately help utilities evolve in an era of change and disruption taking place within the energy sector.