The World of Ubiquitous Inverters

Abstract

Part 3, “Power Internet,” begins with this chapter, exploring the pervasive nature of inverters in our modern world. This chapter demystifies what an inverter is and showcases their ubiquitous presence. It then details how inverters track electricity transactions, capturing the journey of power from generation to use. A key transition from hardware-centric to software-centric approaches in the power industry is discussed, reflecting technological advancements. The development of “Proton,” a potential new inverter-related technology or platform, is introduced. Lastly, the chapter addresses a disruption in inverter pricing, suggesting notable market shifts. This chapter provides a comprehensive understanding of inverters and their crucial role in the evolving “Power Internet.”