Energy companies can turn the threat of new rivals into an opportunity by taking charge of their own disruption, believes energy and IT entrepreneur Jean-Luc Dormoy. With a background in software, artificial intelligence and energy, Dormoy sets out a model for disruptive innovation inspired by the likes of Google and Uber in this exclusive interview with Energy Post. Dormoy: âIT is changing almost all industries. But IT on its own is not enough. … [Read more...]
Exclusive: The Overlay Network – telecom experts present revolutionary plan to integrate EU power market
Four Dutch managers with a background in the telecoms sector, led by former Chairman of KPN Royal Dutch Telecom Professor Wim Dik, have come up with a simple idea that would finally make possible a truly integrated EU electricity system. Under the name of EU PowerNet Initiative they propose the building of an âOverlay Networkâ that would allow direct transmission of electricity between all countries even if they are not direct neighbours. The … [Read more...]
Steve Holliday, CEO National Grid: “The idea of large power stations for baseload is outdated”
Steve Holliday, CEO of National Grid, the company that operates the gas and power transmission networks in the UK and in the northeastern US, believes the idea of large coal-fired or nuclear power stations to be used for baseload power is âoutdatedâ. "From a consumerâs point of view, the solar on the rooftop is going to be the baseload. Centralised power stations will be increasingly used to provide peak demand", he says, in an exclusive … [Read more...]
Broken public utilities: how to fix them
The recent newspaper reports of financial and operating problems at the Puerto Rican Electric Power Authority (PREPA) and South Africaâs ESKOM show that these state-owned systems suffer from similar governance and regulatory deficiencies, writes Branko Terzic, Managing Director of Berkeley Research Group and Nonresident Senior Fellow at the Atlantic Council. According to Terzic, a former Commissioner on the U.S. FERC (Federal Energy Regulatory … [Read more...]
The Eurasian Big Bang: how China and Russia are carving out their own world order
While politicians in the United States are outdoing each other condemning the Iran nuclear agreement, the rest of the world is moving on, writes Asia Times correspondent Pepe Escobar. Virtually unreported by western media, China, Russia, India, Iran and other nations are establishing financial, economic, political and energy infrastructure partnerships that are changing global relations irrevocably. The EU meanwhile is mostly ignored. … [Read more...]
How hub-based pricing is reshaping the EU gas market â even Spain
Countries like Spain, which have long been immune to the shift from oil- to spot market-based gas pricing, are finally waking up. With that, come fresh opportunities for alternative gas suppliers to sell more and end-customers to pay less. So the evidence suggests, writes Benedict De Meulemeester, owner and founder of the international energy and environment consultancy E&C. Taking the UK as an example, he urges Spain to use a new … [Read more...]
Top 5 EU energy priorities for rest of 2015
In this video for viEUws â the EU Policy Broadcaster â Hughes Belin introduces the top 5 energy issues that will be discussed by the EU institutions under the Luxembourg EU Presidency (Luxembourg took over the rotating 6-month presidency in July). … [Read more...]
Dean Oskvig, CEO Black & Veatch: physics not policy will dictate energy future
âWe can make all kinds of policies and laws and regulations, but no legal system is powerful enough to violate the laws of physics,â says Dean Oskvig, President and CEO Black & Veatch Energy, part of Black & Veatch, the US-based global engineering and consulting company. In this exclusive interview, he urges policymakers to focus on infrastructure resilience, cybersecurity and responding to distributed and off-grid electricity generation. … [Read more...]
Europe’s gas demand is falling. Doesn’t anybody notice?
Gas demand has consistently been overestimated by EU bodies in recent years, write Dave Jones of Sandbag and Jonathan Gaventa and Manon Dufour of E3G. Even today, with gas demand at its lowest since 1995, the possibility of lower future demand is hardly taken into account. As a result, the EUâs energy security strategy, focused on sourcing more gas, may be misguided. In addition, infrastructure investment may be wasted. Time for a reality check. … [Read more...]
EU electricity market redesign: a protean moment
The EU is on the verge of a full redesign of its electricity market. Market rules need to be updated to the reality of a much more decentralised system where renewables and the consumer are king. This is the essential next step in the European energy transition. It is an opportunity for policymakers to shape the future. What will they do? Based on leaked documents and conversations with Brussels insiders, Sonja van Renssen explains what choices … [Read more...]
Can the smart grid survive a cyberattack?
Technological advances in grid operation have made the power grid increasingly vulnerable to cyberattacks, writes Michael McElfresh, Adjunct Professor of Electrical Engineering at Santa Clara University. Â The growth of the smart grid has created many more access points for penetrating grid computer systems â the âinternet of thingsâ will only make this worse. … [Read more...]
Energy subsidies probe is the kind of competition policy the EU needs
Capacity problems can best be tackled by letting prices fluctuate and making energy providers responsible for intermittent supply. To the extent that support schemes are used, they should be technology-neutral and driven by market forces to ensure efficiency, argues Diego Zuluaga, Deputy Director of the Epicenter (European Policy Information Center), a coalition of six free-market think tanks in Europe. For this reason, writes Zuluaga, the sector … [Read more...]
Tesla batteries: just the beginning of how technology will transform the electric grid
The spread of cost-effective batteries, such as Teslaâs new Powerwall, will fundamentally change the way the electric grid operates, writes Michael McElfresh of Santa Clara University. Combined with other innovations, batteries in homes and businesses will transform how people and businesses treat electricity. Along the way, these batteries will improve the efficiency and reliability of the grid overall. … [Read more...]
Tennet: Dutch electricity prices down 20%, price declines in almost all European countries
Electricity prices in the Netherlands declined 20% in 2014, according to a new Market Review published by Tennet, the Dutch transmission system operator (TSO), which is also active in Germany. According to the Market Review, electricity prices went down across Europe. Prices in the Netherlands and Germany showed convergence, but there was little convergence overall in Europe. The report also shows that coal-fired power plants are taking over from … [Read more...]
viEUws VIDEO: Brussels Briefing on Energy â All you need to know for April & May 2015
In this Brussels Briefing on Energy for viEUws.eu, Hughes Belin provides an overview of the latest EU energy policy developments, including the Gazprom investigation and various developments in South East Europe. … [Read more...]
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