Class: Fall 2010 Munich
Smart Grids are on everyone’s lips. They represent the convergence of the electricity system with information and communication technologies forming a complex cyber physical system. The aim of all the efforts within this area is to increase energy efficiency and to allow for a stable integration of fluctuating distributed renewable energy sources into the electricity system. This new so-called “Internet of Energy” is one very important step on the way to a sustainable energy system. Smart grids will affect not only the energy industry, but stakeholders of various industries as well as private households. Thus, this report examines possible future scenarios and matching product or service ideas from five perspectives. Ideas like these that take different future scenarios into consideration need to be found for all participating players of a future smart grid.