The growth of the decentralisation of energy generation and storage combined with the digitalisation of the metrics of supply and demand is pointing towards a marketplace for energy data, explain Veronika Spurná and Helena Uhde at the EU-China Energy Cooperation Platform. Such a marketplace will monetise the data itself, in recognition of its vital role in enabling the intelligent distribution of energy and investment. There will also be a place … [Read more...]
Clean Trucks are coming: a review of battery, hydrogen, synthetic fuels and more
New EU fuel efficiency rules are forcing truck makers into a race to get their low emission vehicles onto the roads. From 2025, newly registered trucks must have 15% lower emissions, and from 2030 it’s 30%. Battery-electric drivetrains are most likely to dominate, assisted in their evolution by the assured progress and charging infrastructure of EVs. Hydrogen fuel cells and synthetic fuels are also in the game, though hindered by the inevitable … [Read more...]
A new EU Gas Market must expose it to all clean energy solutions, not just gas-on-gas
Towards the end of this year the EC is expected to issue new proposals for gas legislation, a once in a decade market reform. Simon Skillings and Lisa Fischer at E3G highlight the big difference between the design of gas and electricity markets for Europe. The electricity market is growing, the gas market needs to shrink. The authors quote figures showing that the EU's 55% emissions reduction target for 2030 means natural gas use will reduce by … [Read more...]
Decarbonising end-use sectors: buildings, transport, industry. Which strategies are best?
The rapid pace of change in the energy sector is a positive sign for the transition. But the disruption it causes creates another big problem. It makes it harder to predict what will happen next. That makes strategies and pathways harder to design, and increases the risk of stranded assets. To try to come to grips with that future, Sean Ratka, Paul Durrant and Francisco Boshell summarise the findings of IRENA's 4-day “Innovation Week” held last … [Read more...]
DSOs can use digitalisation to empower all grid stakeholders
Distribution System Operators (DSOs) are in charge of operating, maintaining and developing the distribution network to ensure that electricity is delivered to end-users in a secure, reliable and efficient manner. Harry Taylor, Chris Collins and Erik Rakhou at Baringa Partners spell out what DSOs need to do to take full advantage of digitalisation technologies and processes to make them fit for a rapidly transforming energy system. A growing … [Read more...]
Cybersecurity: the knock-on cost of digital efficiency
The oil and gas market slump of 2015 brought extra pressure to bear on majors to reduce their breakeven barrel price. The quest for deeper efficiencies included a tidal shift toward digitalisation. According to Gaurav Sharma, vulnerable systems are in urgent need of upgrading and require constant protection at an estimated cost of $40 billion plus per annum. With existential external factors already putting the squeeze on investment, the growing … [Read more...]
Is Blockchain a disruptor? Or the solution to an already-disrupted energy sector
The global energy sector is already facing multiple, concurrent disruptions that are fundamentally transforming electricity markets around the world: digitalisation, decarbonisation, decentralisation, and electric mobility. It’s creating residential prosumers, with their solar panels, electric vehicles, smart thermostats (the list is growing) and a predicted global installed distributed energy resources (DERs) capacity of 530 GW by 2026, … [Read more...]
Solar consumption and manufacturing: can Europe re-take the lead?
As a solar consumer Europe already plans to re-establish itself as a leader. European solar’s share of total consumption, 5% in 2018, is set to be 36% by 2050. There are three main drivers for progress: increasingly ambitious national targets, the rise of low-cost solar helped by the increase in CO2 costs, and digitalisation. But what about manufacturing? Practically all Europe’s solar cells are bought in cheaply from China and the Far East. … [Read more...]
Energy Data prototype: the “Living Lab” households
Everyone in the energy sector is talking about big – and intelligent – data. But it’s still early days and the benefits from all that potential are yet to register. The goal is greater energy efficiency; in consumption but also in planning future infrastructure and services that are tailored to local – not just regional - needs. Smart meters are only the first step, says Dr Richard Dobson at Energy Systems Catapult. The end game is the emergence … [Read more...]
Online condition monitoring: making sense of sensors in the age of the Smart Grid
Grid operators across Europe are experiencing higher maintenance and reinforcement costs than ever before and, without significant increases in funding, are realising that they must fundamentally change the way that their assets are operated, maintained and replaced. This means running assets closer to their operational limits, performing predictive rather than corrective maintenance and replacing assets as close to the end of their useful life … [Read more...]
Digitalisation is changing the energy landscape
The energy sector is already using data in sophisticated ways to meet a wide range of challenges, from fault prediction in grid networks to the delivery of personalised energy to households. As more data becomes “big data” and smart devices proliferate along the value chain, Matt Brown and Ravi Mahendra of Pöyry Management Consulting make their predictions for more digitalisation in the coming year. … [Read more...]
Recent Comments