COPENHAGEN – The energy transition, with power generation shifting to variable renewables, depends on local and international flexibility solutions, both in power generation, storage and consumption. This challenge addresses all stakeholders along the energy value chain, both producers, system operators, investors, corporates, consumers and all other participants.
COPENHAGEN – Large fleets of electric vehicles (EV’s), intelligently connected and managed, can function as a significant energy storage resource to help balance supply and demand on the future grid, powered by renewables. Europe has taken the lead in this development, as it is currently conducting approximately 55 percent of all global vehicle to grid (V2G) projects.
COPENHAGEN – With power generation shifting from centralized fossil fuelled generation towards decentralized renewable generation, there is an emerging need for energy flexibility on the grid. Virtual Power Plants (VPP’s) can combine and manage all solar and wind sources along with energy storage and electric vehicles, with a single control system, acting as a cloud-based power plant, thus enhancing flexibility and grid reliability.
COPENHAGEN – The energy transition is more than just a shift from fossil to renewable power generation. For large global corporates it will mean a system change towards a new economy. A shift from global to local. A transition of everything, forcing them to collaborate with small decentralised parties, both public and private.
COPENHAGEN – Storage in electric vehicles or home batteries. Postponed consumption of industries and households. Agro CHP’s helping to prevent overloads. Or blockchain to help combine small suppliers on the power grid. The increasing supply of renewable energy demands more flexibility solutions to prevent future power shortages and failures on the European grid.
In a joint effort advocating for smarter, flexible and digitised distribution networks, the four DSO associations, CEDEC, EDSO for Smart Grids, eurelectric, and GEODE call on policymakers and regulators to integrate these new roles for DSOs in flexibility in all future electricity market legislation.