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The Kraken Wakes: Creating the Utility of the Future | Ep175: Greg Jackson
Cleaning Up: Leadership in an Age of Climate Change
Swift Change Through Parallel Innovation
The introduction of the Demand Flexibility Service by the National Grid in the UK exemplifies how swift implementation can be achieved by creating parallel markets rather than waiting for large-scale changes. This approach allows for rapid deployment and testing, enabling a more adaptive and responsive system that can evolve over time while mitigating risks associated with larger reform efforts. By avoiding the pitfalls often associated with 'big bang' implementations, organizations can identify and address design issues early on, enhancing overall efficiency and efficacy. Additionally, the impact of location pricing on incumbent generators highlights the challenges of cost perceptions in evolving markets, emphasizing the need for strategic planning and adaptation.
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