730: How Each Home Will Be Its Own Energy Generation Machine

SunCast

With an anticipated 40% increase in energy consumption by 2035, the grid faces immense pressure.

How do we service the rising demand driven by AI, data centers, and home electrification?

The solution, distributed energy resources (DERs) allows homes to generate, store, and smartly consume their own energy. This shift from a centralized to a decentralized energy system aims to address the growing demand and enhance the efficiency of energy distribution.

Raghu Belur, Co-Founder and Chief Product Officer at Enphase Energy has led Enphase in pioneering microinverters and comprehensive home energy management systems. Raghu shares his insights on how the industry is evolving, from the shift from solar consultants to energy consultants, to the inevitable rise of energy markets and the homeowner as an energy trader. His work ensures that millions of homes can seamlessly integrate solar energy, batteries, and EV chargers.

Raghu spoke with Nico about:

• How DERs solve current and future grid capacity challenges
• The importance of simplicity and user experience in home energy systems
• The transition from net metering to real-time energy markets
• Global energy market trends
• Why every home needs an intelligent energy system and how to “reinvent the grid from the inside out”

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CPS July 2024 V2