Big energy companies are looking to the sharing economy, digitisation, big data, and mega-cities to inspire future revenue streams. In this exclusive interview with Energy Post, Inken Braunschmidt, leader of RWE’s “Innovation Hub” talks about her unique role at the helm of a department that’s not a department. Her job? To think non-utility ideas. Braunschmidt:”We’re really going to the edge of what energy has meant for 100 years.” … [Read more...]
Four reasons Jeremy Corbyn’s innovative energy policy is no 80s throwback
What would be the energy policy of a UK Labour government under Jeremy Corbyn, its newly elected leader? Citing Corbyn’s recently published manifesto, Protecting Our Planet, Stephen Hall, Research Fellow at the University of Leeds, argues that it would be anything but a throwback to the past. On the contrary, it meets the issues of today in innovative and practical ways. … [Read more...]
Ad van Wijk: “The energy sector has nothing to do with energy companies anymore”
There are many developments in the world today that have far more influence on the energy sector than the energy sector itself, says technology visionary Ad van Wijk in this exclusive interview with Energy Post. The Professor in “Future Energy Systems” at Delft University of Technology in the Netherlands explains how LED lighting, a DC grid, fuel cell cars, the Internet of Things and 3D printing are upending our energy system as we know it. “The … [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.  The growth of the smart grid has created many more access points for penetrating grid computer systems – the “internet of things” will only make this worse. … [Read more...]
Brussels, don’t leave customer participation in the electricity market to the incumbents!
Consumer participation in the electricity market is essential to make the energy transition possible. However, writes Philip Baker of the Regulatory Assistance Project (RAP), a think-tank specializing in regulatory and market policy, incumbent suppliers cannot be relied upon to make this happen. Â Therefore, the European Commission needs to ensure that new players can enter the market. … [Read more...]
“Nuon has no vision of the future of the energy system”
In this instalment of the Power Talk series written by Ph. D. researcher Hendrik Steringa, a staff member who worked for Nuon, the Dutch subsidiary of Vattenfall, tells about the struggle inside the company to develop new business models. "To come up with new business models in sustainable energy is not so difficult. But to come up with financially attractive models is a lot more difficult." … [Read more...]
Asia at the crossroads: will it choose old energy – or turn to the new?
Asia is at a critical moment in its energy development. Hundreds of millions of people across Asia will be gaining access to modern electricity systems for the first time in the coming years. The question is: will they be supplied with power from traditional central plants, or by low-carbon, distributed power systems? According to David Fullbrook, senior consultant with DNV GL Energy’s Clean Technology Centre in Singapore, people in Asia would … [Read more...]
Off-grid solar power vs grid-connected solar power: what will be the road ahead?
Electricity customers using solar power plus batteries will increasingly be able to choose whether they want to maintain grid connection or go off-grid. In a new report, the Rocky Mountain Institute (RMI) predicts that most customers will not defect from the grid. Nevertheless, grid use will be drastically reduced. Utilities will need to develop new business models and "innovative thinking" to cope with this new reality. The report focuses on the … [Read more...]
Study: Local electricity can meet half UK needs – if consumption is cut by half
Research conducted by nine leading UK universities has found that up to 50 per cent of electricity demand in the UK could be met by distributed and low carbon sources by 2050. This does require a reduction in demand of over 50% as well as increased regional, national and international connection. … [Read more...]
EU turns up the heat: finally, a policy push for heating and cooling (half our energy use) Â
Heating and cooling accounts for almost half of primary energy consumption in Europe, yet it has been largely ignored in the EU’s climate and energy policies. This is now starting to change. At the end of this year, member states in the EU must submit an assessment of the low-carbon potential provided by co-generation and district heating systems. Clare Taylor looks at some of the EU-funded district heating and co-generation projects that are … [Read more...]
DNV GL: 60% integration of renewables in European distribution grids feasible by 2030
The integration of approximately 60% of renewables into the European electricity system will be feasible by 2030, but will come with an extensive expansion of infrastructure, including transmission and distribution networks as well as conventional backup generation. The challenges of grid integration of renewables can be mitigated by a number of technical and regulatory measures. These are the findings of a DNV GL study for the European … [Read more...]
Six steps to prepare the European energy system for the future
The European energy system is feeling increasing strain from the effects of the energy transition. New regulatory and business models are urgently needed, in particular to cope with the increasing share of variable energy sources. Pieter Boot of the Netherlands Environment Assessment Agency (PBL) and Jacques de Jong of the Clingendael International Energy Programme (CIEP) offer six practical suggestions to prepare our energy system for a … [Read more...]
The vulnerability of our electric utility system to cyber attacks
As our electric utility system is moving from dumb and centralized to smart and decentralized, it is becoming increasingly vulnerable to cyber attacks. Are utility executives paying sufficient attention to these serious new risks? Energy expert Allan Hoffman, a former senior official at the U.S. Department of Energy, says the SONY hacking case should serve as a wake-up call to the energy industry. … [Read more...]
Juncker’s €300bn investment gamble – and what it might mean for energy
The EU and European Investment Bank (EIB) have teamed up to launch a new investment programme for Europe – with energy, as well as transport, research, innovation and education, its key objects. A modest €21bn in public money is set to be multiplied up to a whopping €315bn in total investments over the next three years, pushing Europe toward that long-hoped for economic recovery. There is no dedicated share of the money for individual sectors or … [Read more...]
What are we to make of the US and China’s "historic" climate deal?
The US-China Joint Announcement on Climate Change made on 11 November, has given rise to a lot of commentary in the media worldwide. In this article, Mat Hope of The Carbon Brief provides an excellent critical overview of some of the most significant analyses. Energy Post chief editor Karel Beckman adds some insights of his own. … [Read more...]
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