Markets - 18/January/2019

Modernising the grid without breaking the bank

A start-up based in Scotland is confident it has found an affordable silver bullet to allow the world’s grids to deal with massive amounts of renewables, but system operators are not so sure

Explainer: Significant amounts of investment are needed in the European transmission grid so it can deal with high levels of renewables. One company thinks it has the answer to making the grid fit for purpose without costing the earth

The problem: Electricity bills are falling in many countries and solutions to the energy transition need to ensure this trend continues

Solutions: A mixture of improving the status quo, innovative technologies and well designed grid tariffs

Key quote: “International markets, local flexibility and a strong grid are key for an efficient green electricity system in terms of security of supply and from a socio-economic perspective.” ...

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