Pike Research recently published a high-level overview of “Five Metatrends to Watch in 2013 and Beyond” in the energy sector. Trend No.3: Technologies are converging. Dave Roberts at Grist, interprets:
“What Pike means by this is that energy technologies (and sources) have traditionally developed independently of each other, but they are starting to combine into “integrated solutions,” pulled along by market demand. So, for instance, where once a building owner might have bought a furnace from one company, building upgrades from another, and a backup diesel generator from another, she might now be searching instead for a provider of power services. A service provider is not selling particular technologies, it is selling heating, cooling, and/or emergency backup, which it might provide through any of a number of combinations of renewable energy, energy storage, and efficiency upgrades….Whereas one kWh is as good as any other kWh, energy services can be specialized and custom-crafted for niche markets. Service providers have an increasingly diverse array of renewable energy generators, fuel cells, energy storage, and intelligent automization solutions to choose from. The toolbox is getting bigger.
Roberts concludes: The effects of this market convergence will also be difficult to forecast, for the same reason: It involves dozens of technology, regulatory, and business practices evolving in concert, with unpredictable, emergent network and system effects.