Climate & Energy Business Denmark
In this issue of FORESIGHT Climate & Energy Business Denmark we go in search of a cure for renewables cannibalisation. Readers are taken on a journey through the next major challenge of the energy transition: how to design well functioning electricity markets for a future in which renewable energy is affordable, reliable and provides all our baseload power. The key lies in advanced management of a far larger, better integrated and more flexible energy system than the one we have today.
Experience the new magazine of record for international energy professionals.
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.
Wave tries to hitch a lift with wind - Combining wind and wave energy production @jpkofoed #climate #energy… https://t.co/YK8VMELKdc
3 hours ago
Today you can read the 2nd part of FORESIGHT Climate & Energy Business special report on #electricity #market desig… https://t.co/X85pq2vvuY
Mon. Mar 27, 2017
The photo essay on the following pages turns its focus on wind energy and reflects on its enormous power for helping us keep the planet fit and healthy for coming generations.