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Fusion News: Forbes- Energy’s Winning Formula

Fusion News: Forbes- Energy’s Winning Formula

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Over 3000 people participated in New Scientist and Statoil contest, that offered one lucky winner a trip to Svalbard for entrant, that decided which energy technology will have the biggest impact in the future.  As reported by Forbes in the article “Energy’s Winning Formula.”  The winner was Katerine Rushton that decided smart grid will have the biggest impact:

A smart future
Katherine Rushton
The smart grid is the ultimate game changer: changing the sector from a system of distinct consumers and producers to something much more dynamic, where traditional consumers will produce and consume electricity, and respond to pricing signals to get the best deal. For example, a household could sell electricity stored in its electric car at peak times, and charge the battery at night when prices are lower. Communities with a wind turbine could decide when to sell their electricity and when to use it themselves, transferring power over energy to the people, and making the grid much more “green”.

Click here to read the runners up entries.