The Nexus Podcast
The Nexus Podcast
James Dice
🎧 #128: James McGinniss on DER technology and the future of electricity consumption (Replay)
52 minutes Posted Nov 24, 2022 at 10:45 am.
“The grid is starting to look a lot like the internet. These IOT devices are distributed, digital, user owned and operated nodes. They can buy from the grid, they can sell from the grid, they can respond dynamically.These nodes are increasing ten, a hundred, a thousand fold over the next decade, which has really interesting implications for how we'll operate the grid going forward."—James McGinnissMy HighlightsWhat are DERs?
How DERs are changing the electric grid
David Energy's founding story
The three pillars of David Energy: the REP, the DR provider, and the supervisory control software platform
What are retail electricity providers?
The value of bundling efficiency with grid benefits
How the bundling allows David Energy to handle risk better than other REPs
Their innovative smart thermostat program
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“The grid is starting to look a lot like the internet. These IOT devices are distributed, digital, user owned and operated nodes. They can buy from the grid, they can sell from the grid, they can respond dynamically.These nodes are increasing ten, a hundred, a thousand fold over the next decade, which has really interesting implications for how we'll operate the grid going forward."—James McGinnissMy HighlightsWhat are DERs? (8:59)How DERs are changing the electric grid (10:11)David Energy's founding story (12:47)The three pillars of David Energy: the REP, the DR provider, and the supervisory control software platform (15:25)What are retail electricity providers? (17:34)The value of bundling efficiency with grid benefits (31:09)How the bundling allows David Energy to handle risk better than other REPs (37:31)Their innovative smart thermostat program (42:44)You can find James on LinkedIn.Watch on YouTube or read on the web.Get full access to Nexus.