During ⚡️ usage peaks, "the folks running the electricity grid would rather pay people to use less electricity rather than pay a power plant to turn on."
So this startup pays households to shut down their appliances during peak usage.
1) There's an electricity demand surge (too many people use ⚡️ at the same time)
2) The "normal power generation" is not enough.
The electricity company has to spend money to power a second generator (that pollutes more, btw)
3) That's expensive!
Example with the startup:
1) The grid sees high ⚡️ demand
2) The startup messages its users, asking them to shut down their appliances
3) The startup pays them, less than it would have costed to the power plant, and pockets the difference. Everyone wins.
Of course, it's more complicated than I could fit in a couple of tweets. The real business model involves long-term contracts, etc.
But it's a cool innovation that saves money and pollution without requiring large investments.
(but careful not to fragilize the grid)
I don’t think I’m too much off by saying that in 2020, this could have been an intern’s project at the electricity’s company (assuming that the intern knows what are Zapier and Twilio).
• • •
Missing some Tweet in this thread? You can try to
force a refresh
My cousin was born in a mountain village in the French Alps. Like many there, he learned to ski before reading.
I am a good skier, but I remember the humiliation when I was 14 and he was 6, seeing him surpass me, swift as a bullet.
2/ At a young age, he made it into the World Championships for his age bracket. Boy, he was fast.
His career came to an abrupt end a decade later, one injury at a time. First, he injured his ankle. Then, he broke his knee. A few more injuries later, he retired, too young.
3/ From him, I learned that the skiers that you see on TV, the fastest racers in the world, didn’t get there because they were the fastest.
They got there because they were the fastest of those who didn’t get injured into retirement.
Why should companies care about laws if, when the way they conducted their core activity is found fraudulent, the fine is just 0.5% of their market cap?
(or ~8% of their revenues, annualized using Q2/20 as a basis)
As for many employees this is year-end evaluation period, a reminder:
This is the moment to make a motivated ask for whatever you might need (money, time, training, trust, better projects, a career move, etc.)
FAQs below
1/3
2/ Q: Even if my boss doesn’t ask?
Yes. Some are jerks, some are parsimonious, but many want to allocate limited resources such as promotions to those who are motivated enough to ask (tip: they often use willingness to ask as a proxy to “ability to get results”).
Ask.
3/ Q: How should I ask?
Make sure you cover:
– What you will do with it (yes, even if it’s personal)
– Why should your boss believe you (i.e., past examples of good things you did for the company)