CEO, Grid Assurance
Mike Deggendorf is CEO, Grid Assurance.
Steve Mitnick: Do you have a vision of electricity's future?
Mike Deggendorf, CEO, Grid Assurance: Yes. It's going to be much more interesting if you look at it, starting with the consumers, with their ability to be more engaged in the energy consumption and energy production.
We are still in that age where many utilities think they've got three, maybe four, customer types. I've got residential, commercial, industrial and low income, when pressed. That's certainly true when you're selling a commodity that is uniform in terms of its options, sources and profile.
But people are much more demanding of having a say in their consumer choices, and technology has really allowed that to come to fruition. It's being able to be much more responsive to customers in not just their tastes but their ability to participate in that market.
It's now a world where people ride-share, share Airbnb property, bike-share and car-share. The technology that enabled that to occur on the auto side, can occur on the energy side as well. Sharing of information, asset capacity and load, I think it's going to move in that direction.