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.
Mitigation of climate risk is moving to the top of the agenda for senior management and company boards
District heating, where heat from a central generator is distributed underground to warm a network of homes or businesses, is commonplace in Denmark and other Nordic and Baltic countries, but, until now, it has remained a rarity elsewhere in Europe
As the deadline for EU member states to update or develop national cyber security strategies fast approaches, FORESIGHT looks at what companies should be doing to ensure cyber resilience in the energy sector given new challenges posed by the transition to a decarbonised economy and a more decentralised power system.
Despite an increase in sales in recent years, electric cars remain a novelty in many countries. One street in Norway, however, is miles ahead. Out of the 150 families living on Søndre Vei, a street outside Oslo, nearly 90% of them drive electric cars.