The global energy transition will lead to a massive expansion of power lines at all voltage levels as well as a steep growth in the number of transformers and substations in the electricity system. This is one of the major new findings of the second edition of the Energy Transition Outlook, the annual flagship publication of global technical consultancy DNV GL. As a result, grid costs will triple, yet this cost explosion is offset by cost … [Read more...]
Interview Ditlev Engel, CEO DNV GL Energy: “We have to rethink the mechanisms of the electricity market”
DNV GL’s new 2018 Energy Transition Outlook projects a massive investment shift from fossil fuels to renewables and grids – and this is based mainly on cost considerations. Yet, notes Ditlev Engel, CEO of DNV GL Energy, in an interview with Energy Post, this won’t be enough to meet the goals of the Paris Climate Agreement. He says policymakers will have to take additional actions. “Doing just a little more won’t be enough.” (See here for main … [Read more...]
European utilities have increased their activity in energy cloud platforms
The energy industry is experiencing a profound transformation as the sector moves towards a more intelligent, more distributed, and cleaner use of electricity, referred to as the Energy Cloud. According to digital innovation expert Alex Metz of Navigant, European utilities are increasingly recognising the value of integrated distributed energy resources (DER) and the potential of the Energy Cloud. In this article he looks at the activities of … [Read more...]
Exclusive – top energy influencer Jan Vrins, Navigant: “Europe not looking enough behind-the-meter”
Europe is focused too much on expanding renewable energy generation, and is threatening to miss out on the huge opportunities in the energy market that are emerging behind-the-meter, says top influencer Jan Vrins, Managing Director at the U.S.-based global consultancy Navigant, in an exclusive interview with Energy Post. According to Vrins, who is leading a practice of 600 energy experts, North America is forging ahead of Europe. “We are seeing a … [Read more...]
Oil vs electricity: which will prevail?
Oil faces three challenges that together may be insurmountable, writes energy expert Fereidoon Sioshansi. Electricity's fortunes on the other hand are on the rise. Courtesy EEinformer. … [Read more...]
Estonia needs a plan – and support – to get rid of its dirty oil shale
The need for a transition to sustainable energy is widely felt in Estonia, but after twenty years of talking, Estonia’s dirty oil shale industry is still carrying on. In fact, thanks to lower taxes, a boom in oil shale mining is expected. Estonian Green Movement, a member of Bankwatch, recently presented the national parliament with a proposal for a strategic oil shale exit plan. According to Teet Randma, national campaigner for Bankwatch in … [Read more...]
New trend: storage-as-a-service
New business models are emerging to aggregate and manage behind-the-meter investments, writes energy expert Fereidoon Sioshansi. One example: storage-as-a-service. In Vermont in the U.S. Green Mountain Power offers its customers a Tesla Powerwall battery for $15 a month. Courtesy EEinformer. … [Read more...]
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