This interview with Peder Andreasen, CEO of Danish transmission system operator (TSO) Energinet.dk, is part of a series of interviews that FORESIGHT will publish ahead of the Clean Energy Ministerial (CEM9) and Nordic Clean Energy Week (NCEW), which will take place in Copenhagen and Malmo in May 2018.
Devoting an entire issue of FORESIGHT Climate & Energy to the subject of electricity storage in grid networks might seem like overkill, but the more evidence we unearthed about the role of storage, the more we saw an urgent need to set the record straight.
Electricity storage, it turns out, is no more essential for reliable supplies of electricity from a power system based on variable sources of renewable energy, like wind and solar, than for a system based on fossil fuels and nuclear power.
FORESIGHT examines the complex case for electricity storage in power systems in its latest issue. We trust you’ll enjoy this readable walk, undertaken with a cool head through a hot topic of our times.
We face a fundamental change of the cost structure on the supply side and a need for a fundamental change.
They [the European Commission] are looking at this stuff backwards. I still think they are convinced the short-term market model could work even though they are also starting to realise that you need something parallel, with long term price signals that give investors confidence to invest in infrastructure and allow them to see a decent market return.
Despite tremendous cost decline of wind and solar technologies, electricity prices will probably remain too low to attract the level of investment needed.
The greatest barrier to overcome is the integration of variable renewables into electricity systems. This will require developing power system flexibility and also a friendly deployment of variable renewables.
If the global marine transportation sector were a country, it would be ranked sixth in terms of CO2 emissions. A number of progressive leaders in the industry are starting to explore alternative ways to propel their ships, but more investment is needed.
Jeppe Juul, recently appointed president of the board of Transport & Environment (T&E), the Brussels-based organisation that helped break the dieselgate scandal, in conversation with FORESIGHT on his hopes and frustrations about the future of EVs.