The goal of this project is to provide a neutral tool for all parties involved in planning the future of the grid edge to analyze proposals in a consistent and transparent manner.
Futurecasting will project the impact of changes in rate structures, consumer incentives, novel service models and technology availability on adoption of distributed energy resources and on the power consumption.
This new tool builds on the insights about consumer behavior derived from VISDOM by linking these insights to simulations of economic incentives created by scenarios of various potential changes. The tool will allow users—utilities and other energy firms, investors, regulators, and researchers—to understand how customers may react to incentives to produce change at the grid edge. Futurecasting will also evaluate uncertainty in estimating the impacts of expected scenarios of future change.