The Illinois Commerce Commission proposed a rule that would allow utilities to treat cloud computing resources as a capital expense, the same accounting treatment as traditional on-site computing resources. The renewable energy industry is showing strong support for this rule because cloud computing resources promote a more flexible grid system, which is key to increased generation of renewable energy resources, grid reliability, low-cost power for consumers, and emissions reductions. Furthermore, even if it is yet unclear which computing system is best for a utility, the motive underlying the proposed rule is that utilities should not be forced to make technology decisions based on outdated accounting rules. A9.com, Aero Payments, Amazon, Expanergy, Johnson Controls, and Sunverge Energy are some of the companies positioned to profit from this change.
Decentralization of the world's electrical power generation continues with the introduction of demand response, distributed generation, and microgrid technologies. This Patent Forecast evaluates the fundamental payment and settlement state of the art of clearing and processing energy payment transactions.
View Patent Forecast®
Top Corporations
News and Insights
Data Visualization
Decentralization of the world's electrical power generation continues with the introduction of demand response, distributed generation, and microgrid technologies. This Patent Forecast evaluates the fundamental payment and settlement state of the art of clearing and processing energy payment transactions.
