Tandon in the News

The World's Tiniest Power Market Will Leverage Big Data to Sell Solar

New York campus tests system to price power from small assets. System part of statewide effort to overhaul energy industry.


Opus One, Sealed, and Smarter Grid Solutions are graduates of the Urban Future Lab at the NYU Tandon School of Engineering.


… The micro-market is an example of the Uber-effect, applying big data to better monetize small assets. The same technology could be used to help homeowners sell electricity from rooftop solar panels to their neighbors. … Letting different systems compete to supply energy will lead to a more cost-effective mix, said Keyvan Cohanim, chief commercial officer at Opus One Solutions Inc., the smart-grid technology company that developed the micro-market.

 

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