The UK could save up to £8bn a year by using electricity better, the government’s infrastructure advisers say. The National Infrastructure Commission (NIC) envisages a smart energy revolution with more cables linking the National Grid to mainland Europe. NIC also says the UK needs to store much more energy from intermittent renewable like wind and solar. Fridges, freezers and washing machines could play a part, they say. Experts believe it is the first step to a full-scale “Internet of Energy”, with web-enabled home appliances like freezers and washing machines linked to the grid. Here’s how it would work: At a time of peak demand, an energy firm’s computer will contact your smart freezer to ask if power can be switched off for a few minutes to allow your neighbour to use some of the energy to cook dinner. Your well-insulated freezer will stay cold without electricity for a while, so it will agree to power down.
BBC 4th March 2016 read more »
FT 4th March 2016 read more »