Smart electrically-driven heating is a “valuable field in which to invest”, Delta-EE says, pointing at the substantial installed base of electrically-driven heating – 30 million units across Europe. Considering that European utilities have lost over €100 billion in value since 2008, Delta-EE industry recommends “stakeholders should take advantage of digitalisation” and try to extract value from the electrification of heat.
At events, particularly major sporting shows, there is need to fast-track power solutions and maintain a stable, continuous supply. RnRMarketResearch has singled out the sector as the growth driver for rental power solution: Expanding at over 8% per annum, the global power rental market is estimated to be worth $20.64 billion by 2022.
Off-grid distributed energy systems (DES) – using renewable energy but backed up by flexible gas or diesel generators – are mushrooming throughout the Association of Southeast Asian Nations (ASEAN), as technology costs keep falling. This trend helps alleviate electricity shortages of some 133 million people in the region’s rural areas.
The Australian state of Queensland is helping Stanwell Corp to bring a mothballed power plant back into the market in an effort to lower energy prices. The state’s pre-Budget, disclosed yesterday, acts on the Government’s commitment to help re-dispatch a total AS$386 million worth of flexible gas generating capacity near Townsville – and proposes a AS$770 million subsidy to help drive down wholesale electricity prices.
In the face of gas supply shortages following a major and prolonged leak at SoCalGas’ Aliso Canyon storage facility, the US Energy Information Administration (EIA) now provides timely updates in its ‘Southern California Daily Energy Report’. Withdrawal rates at Aliso Canyon have fallen sharply below the usual 1.9 Bcf/d – causing regulators to place a cap on gas-burn and spurring electricity imports from neighbouring states.
California Independent System Operator (CAISO), the entity responsible for maintaining the balance between supply and demand for electricity throughout most of the state, had to resort to more power imports this summer as flexible gas generators could not fully balance the system amid fuel constraints.
‘Precarious’ is how industry experts characterise the state of security in Europe’s energy system. As for the UK, “people want to know,” as Simon Hobday puts it, “whether at any particular time electricity production meets demand – and then there’s the wider fuel source issue, including the technical and financial implications. The two are related but they're separate.”
Demand flexibility, power storage and interconnection are meant to help the UK meet its 2050 carbon targets, strengthen security of supply and allow consumers save up to £8 billion a year by 2030.
The National Infrastructure Commission (NIC) advocates more power cables to import cheap hydropower from Norway and Iceland, incentivising industries to curtail power use in peakload hours as well as storing excess energy produced by renewables.
Addressing growing public demand for climate protection and to helping to master the integration of renewable energy sources, Siemens will present solutions at the Hannover Messe 2016 that make energy systems more flexible and also smarter.
Accelerated growth of volatile wind and photovoltaic power supply in Germany has been shifting the dispatch of fossil power plants to load-following operation to maintain the stability of the power grid. More decentralized gas-fired stations would help meet TSO’s flexibility requirements, says Dr. Thorsten Krol, marketing manager at Siemens’ distributed generation business development told Gas to Power Journal.