“Privacy is the sleeper issue of Smart Grid development” pronounced the Privacy Commissioner of Ontario at a recent industry event in California. At Genability, we think she’s right.
As Smart Grid 2.0 begins to take shape, Governments and Utilities are frantically retooling the aging grid to reduce electricity consumption, particularly at peak times, when the cost of power is the highest.
The Smart Grid concept extends broadly, from technology that lets Utilities better manage intermittent renewable power, to household meters that communicate with distribution companies every 15 minutes to record power usage, programmable appliances, storage and generation-enabled Electric Vehicle batteries, and a host of other powerful programs.
For the new system to work, consumers will need to trust that Utitlities, Governments and innovator companies will safeguard your personal household information, like what kind of electronic equipment you own, when you turn it on or off, how you heat your home, what kind of vehicle you own. At Genability, we are understand the fears that arise, and take them seriously.
We are embedding privacy considerations right into the design and development phase. “We recognize that privacy needs to be designed right the first time, and built into the main architecture of our products and services,” says Jason Riley, CEO and Founder of Genability. “In the energy data context, we need to get it right from the outset. We want to earn and keep the trust of energy consumers. We won’t have the luxury of re-jigging and re-tooling our privacy policies and settings over time. ”
To achieve grid efficiencies, energy production and demand data needs to be open and available to innovators, at a granular level. At the same time, we need to rigorously and effectively protect the privacy and security of the individual. At Genability, we believe there is a technological solution, and we are building it right the first time.