Energy Might Be Free Soon

Cheap Energy - SeniorDBA

Researchers at the Citi have calculated that cheaper storage and smart data analytics may soon make solar and wind energy available to consumers in some parts of the world – completely free.

As evidence of this prospect, analysts point to Microsoft, which has developed its own software that collects 500 million data transactions daily from sensors and other energy devices to understand its own energy demand level and patterns. You also need to understand that both Google and Apple have a license to trade energy.

“As new builds in the power sector involve more near zero-variable cost sources, such as wind and solar, along with greater demand and storage optimization, the goal of dramatically lowering energy costs for all, with the possibility of free energy in some corners, may finally come to fruition,” Citi analysts said.

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