Ten years ago, the energy market was based around the conventional, centralized generation of oil and coal plants. It was predictable and formulaic. These staples of yesterday’s energy market are no longer the future of energy generation. Instead, we see a global push toward clean energy with wind and solar power, and companies are accelerating their ambitious renewable goals around the world. The market is shifting to an increasingly decentralized and real-time model given the rise of batteries, prosumers, and electric vehicles (EVs). This provides an opportunity for smaller generators and individual investors to join the playing field and for utilities to establish themselves as real-time traders in active energy markets.
