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Jigar Shah returns to the Energy Gang

Energy Gang

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Connecting Connectivity to Market Signals

The advancement of technology has enabled connectivity for devices such as water heaters, indicating that connectivity is no longer an issue. The next step is to link this connectivity to market signals, such as utilizing surplus solar and wind power to turn on appliances when wholesale market prices are negative. Initiatives like Vermont's policy of leasing home batteries to retail customers have shown potential benefits. Additionally, the increasing need for backup power is evident as one in seven households in the country have invested in generators, highlighting the importance of integrating connectivity with market signals for energy optimization.

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