The European Commission has proposed a general framework for independent aggregators in its new draft Electricity Directive to incentivise the development of Demand Response in Europe. According to the Commission, aggregators should not be required to compensate suppliers for the electricity sourced and only exceptionally for the imbalances induced. But a new study carried out by independent experts from consultancy DNV GL for Eurelectric shows … [Read more...]
New Energy Challenge 2017: Startups focus on interface between energy and automation
Energy start-ups seem to be focusing on solar power, storage, material sciences, and on the interface between automation and energy, such as big data, mobile internet and e-commerce applications. That’s the picture that emerges from the successful submissions of startups to the New Energy Challenge 2017, which is preparing for a grand finale on 28 September in Amsterdam. Geert van de Wouw, Managing Director of Shell Technology Ventures, one of … [Read more...]
Battery storage is becoming a built-in product feature
Batteries will increasingly be built into power generating systems and other infrastructure, writes John Massey, a UK-based business trainer who gives workshops for energy investors, policymakers and energy companies worldwide. According to Massey, the integration of batteries into products and systems will create an entirely new value chain that will partially come to replace standalone grid-scale and household batteries. … [Read more...]
The five key characteristics of the future energy company
Energy markets are in the middle of a revolution, triggered by decarbonisation and innovation. History suggests that this is not a safe place to be, not even for the revolutionaries, but especially not for the ‘old guard’. Stephen Woodhouse and Simon Bradbury of Pöyry Management Consulting investigate the key characteristics necessary for a successful future energy company. (This article was adapted from a new book, Innovation and Disruption at … [Read more...]
How electricity will be priced in the future
The rapid transformation of the electricity sector will make it necessary for utilities to adopt radically new pricing methods, writes Fereidoon Sioshansi, publisher of newsletter EEnergy Informer and editor of a new book, Innovation & Disruption at the Grid’s Edge. According to Sioshansi, existing volumetric tariffs will increasingly be replaced by fixed service fees. … [Read more...]
Petrol car ban won’t work without a huge investment in electric infrastructure
The UK government is proposing a ban on the sale of new petrol and diesel vehicles by 2040, in a move that echoes a recent announcement in France. Setting this sort of media-friendly target is a positive and welcome response to the challenge of air pollution across UK cities, write Richard Brooks and Jason Begley of Coventry University. But delivering the infrastructure, research and development support and incentives to switch to greener cars … [Read more...]
Startup spotters Freerk Bisschop (Rockstart) and Evert Jaap Lugt (Yes!Delft): “Smart meters are already obsolete”
Freerk Bisschop, Director Smart Energy at Rockstart, and Evert Jaap Lugt, Managing Director at Yes!Delft, talk about what they look for in contenders for the New Energy Challenge – and for their own startup programs. They also spotlight some of the trends going on in energy innovation and call on established industry and policymakers to get more involved with startups. “Everything is changing so fast. Things like smart meters are already based on … [Read more...]
The surprising New Energy side of Shell
“With Shell Technology Ventures we position ourselves strategically in many places, so that we can experience first-hand where the energy ecosystem is going, and create options for the future”. An interview with Geert van de Wouw, Managing Director of Shell’s venture capital unit, part of the company’s New Energies division, shows the fascinating new side of the old oil company. Quietly, Shell is getting ready to become a major player in a wide … [Read more...]
Finkel Review, blueprint for Australia’s electricity market: “the real work has still to be done”
The blueprint for Australia’s future electricity market released recently by Australia’s chief scientist Alan Finkel pleases some but not all market watchers, writes Fereidoon Sioshansi, publisher of the newsletter EEnergy Informer. For some critics, the real work on climate and energy policy in Australia has still to be done. … [Read more...]
New Energy Challenge calls on European energy startups to submit game-changing ideas
Shell Technology Ventures, Rockstart and YES!Delft today have launched the second edition of the New Energy Challenge, a competition for European start-ups offering innovative, low-carbon energy solutions. The competition aims to accelerate the development and implementation of breakthrough technologies. The winning start-up will receive a €100,000 convertible loan from Shell. … [Read more...]
Large distribution system operators make a pitch for an EU-wide organisation
EDSO for Smart Grids, an organisation representing most of the large European distribution system operators (DSOs), has submitted to the European Commission a proposal to become the “vehicle” for the establishment of an “EU-DSO Entity”. In the Clean Energy Package presented last year, the Commission asked the sector to set up such an EU-wide organisation which would play a key role in the intended transformation of the electricity market. EDSO … [Read more...]
Are solar and wind really killing coal, nuclear and grid reliability?
U.S. Secretary of Energy Rick Perry wants to know whether solar and wind are killing coal, nuclear and grid reliability. Thanks to Texas, where Perry was governor, we know that a combination of wind and solar with fast-ramping natural gas, smart market designs and integrated load control systems will lead to a cleaner, cheaper, more reliable grid, write four researchers at the University of Texas. Courtesy The Conversation. … [Read more...]
Pitting wind and solar against nuclear power
With US electricity demand stalled, expanding wind and solar power is increasing the economic pressure on equally low-emission nuclear power, writes Geoffrey Styles, Managing Director of independent US-based consultancy GSW Strategy Group. He notes that the beneficiaries of renewable energy subsidies resist new state incentives for nuclear plants. But according to Styles, wind and solar should not come at the expense of nuclear power, as all are … [Read more...]
Energy and blockchain: here are the most promising applications
Blockchain applications are rapidly spreading across the energy sector, writes David Groarke, Managing Director of Indigo Advisory Group. Some of those applications may be disruptive for utilities. Europe is the most active region globally. Groarke discusses some of the key takeaways from a recent blockchain conference in Vienna. … [Read more...]
How blockchain could upend power markets
Talk about a disruptive technology. The “world’s leading software platform for digital assets,” blockchain may be little known, but it could revolutionize electricity markets, according to Dick Munson of EDF Energy Exchange. For utilities blockchain could prove to be a threat – or an opportunity. … [Read more...]
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