Uberfication of electricity: Unicorns and rainbows or a real thing emerging?
Regulatory settings are shifting globally to encourage renewables to be located closer to the sources of demand, and to promote the flexibility of renewables and energy loads. In the US, rule change FERC2222, in the UK, Elexon P379, in Europe, the Clean Energy Package and in Australia, Two Sided Markets are all regulatory firsts that herald change. They will allow DERs to trade energy P2P and participate in the electricity market in new ways. These are clear signs the industry is waking up and smelling the coffee. In many ways it’s analogous to the kinds of innovation that was made possible by the liberalization of telecoms markets some 25 years ago, and everyone in renewable energy should be very excited about this.
This webinar is the third in a series of eight webinars on consumer-centric energy, being held between October 2020 and February 2021, co-hosted by the Energy Transition Hub and the Climate and Energy College, sponsored by the Victorian Clean Technology Fund.
After completing a degree in finance, Jemma started her career in banking at J.P. Morgan in London. While there, she saw first hand the dilemmas and problems that came with bringing corporate social responsibility to the business world. After a decade in the UK, Green returned home to Perth to pursue a doctorate at Curtin University in electricity market disruption, which she completed in 2017. This work turned out to be the perfect segue to starting up her own business, a blockchain powered peer to peer energy and carbon credit trading platform called Power Ledger. The company is three years old and has projects in the US, Japan, Europe, Thailand and Australia. Somehow she found time to become Deputy Lord Mayor of the City of Perth and a mother of three children. Jemma helped set up Australia’s first fossil fuel free superannuation fund and has served on numerous boards championing sustainable business. She gives regular talks on technology and leadership in business and recently received the EY Fintech Entrepreneur of the Year award. She lives in Perth and invents Italian style dishes for relaxation.