The 4 Ds of energy change
The energy sector is in the midst of an unprecedented transformation. Decarbonisation, Decentralisation, Digitalisation and Democratisation are four macro trends that have been reshaping the entire energy ecosystem.
The energy transition brings about a number of key challenges that need to be overcome around the integration of renewables, and the need for greater flexibility, stability, resilience, and visibility across the energy system.
Consumer-centric products and new business models are needed to cater for the different way in which we generate and consume energy, and the radical shift towards fully digitalised, multiple technology-enabled energy uses.
Amp X is here to turn all the challenges associated with the ‘4D’s’ macro trends into valuable opportunities for the creation of a future-proof grid.
The drive towards decarbonisation continues with some countries already committed to net zero targets over the near term. Global supplies of wind and solar electricity are growing faster than expected, and consumer adoption of small renewable sources speeds up as they become more affordable.
The grid is evermore decentralised with the exponential increase in distributed energy resources (DERs) at the edge of the grid. DERs are fast growing in variety, sophistication and cumulative scale. They aren’t just a part of the current and future energy system: they are going to dominate it.
Digital technologies are advancing at an astounding rate: ~ 7.5 million digital devices come online each day. As sensors and processors become more affordable, we can gain visibility of the distribution grid which has historically been a “blind spot'', and we can coordinate DERs to provide grid flexibility.
Democratisation is driving towards the emergence of novel market constructs at a local level in highly disaggregated markets. In time, this will translate into a fully transactive grid where consumers/prosumers are able to trade energy and flexibility with other participants in the energy marketplace.
Amp is a global energy transition platform.
We develop, own and operate clean energy assets throughout our core markets around the world, alongside Amp X, our disruptive grid-edge technology platform utilizing proprietary artificial intelligence expertise. The company is headquartered in Toronto with global operations throughout Japan, Australia, India, Spain, Czech Republic, UK and North America.
Founded in 2009, Amp is a high-growth disruptor at scale, backed by major investments from institutional capital partners including most recently the Carlyle Group, which invested US$374 million into the company in late 2020.
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