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What kinds (according to U.S. News & World Report) of clean electricity initiatives—ones that make sense on public policy and business strategy levels—could overcome the hurdles in shifting away from the entrenched electricity and petroleum-based transport industries in the United States? This book explores the tremendous opportunities of the new electricity revolution that looks to threaten the century-old business models of our existing power production infrastructure.
The electricity industry, having been in place for more than 100 years, has established tremendous power and influence. But as solar- and wind-based energy businesses gain small footholds and expand their impact, the incumbent electricity businesses face fundamental challenges that threaten their century-old business models. Will technological advances and the motivation to control climate change finally effect a revolution in the electricity markets? This unique book proposes public policy- and business strategy-level initiatives that could overcome the structural impediments that prevail in the current electricity industries and predicts the important changes to come in the immediate and distant future.
In The Microgrid Revolution: Business Strategies for Next-Generation Electricity, author Mahesh P. Bhave explains the current state of electricity production, identifies its widespread problems, and proposes a specific approach and particular solution to the puzzle of supplying clean energy for the 21st-century world. The introductory chapters lay the groundwork for the author's provocative thesis, and the concluding chapters elaborate on it with broad implications. By examining the subject material from the perspectives of public policy and regulatory concerns, corporate strategy, industry structure changes, innovation, and climate change as well as from a technological angle, readers from diverse industries and professional backgrounds will be able to understand how the coming electricity revolution is something we all have the power to influence.
- Synthesizes seemingly disparate concepts from the telecom and electricity industries with business strategy and policy and regulatory issues, allowing readers to see the tremendous opportunity at hand in clean electricity technologies
- Describes a novel network topology for a next-generation electricity grid
- Provides unique insights from the perspective of a chemical engineer who is also a faculty member of a business school and has served as a corporate strategy executive in the telecom industry
- Author Info
"No brief review can convey the richness of the canvas of opportunities Bhave paints. . . . Bhave's writing is vivid and entertaining, interspersed with illuminating anecdotes and examples. He declares correctly that 'this is an accessible book meant for the concerned or interested layperson.' But electricity specialists will also find it enlightening—and challenging. . . . Throughout the book, Bhave focuses on the role of business in bringing about and guiding the 'microgrid revolution,' as Schumpeterian 'creative destruction.' But he also stresses the crucial importance of business in tackling the looming threat of climate change."
- In the News
Diving into the solar microgrid revolution , GreenBiz, 4/1/2017
Microgrid Knowledge, Puerto Rico – Pioneer in Microgrids, 12/13/2017
- Look Inside