Listen to the Webinar: Global power trends and the transformation of the utility landscape. The role of renewables in the future energy mix
Webinar: Global power trends and the transformation of the utility landscape. The role of renewables in the future energy mix.
With the support of our advisory board we recorded a webinar to give you a taster of the forum. From the future power mix and current challenges that modern utilities face to the cost of renewables and energy storage development – this 1 hour panel discussion aims to cover the most pressing issues facing the market.
Register here to listen the webinar: Global power trends and the transformation of the utility landscape. The role of renewables in the future energy mix.
- Paul James, Development Director, Energy – Power, Ramboll
- Patrick Clerens, Secretary General, European Power Plant Suppliers Association (EPPSA)
- Ralf Wezel, Secretary General, European Association of Gas and Steam Turbine Manufacturers (EUTurbines)
What are we discussing:
By 2040, generation from renewable energy sources has been projected (EIA 2017) to surpass generation from coal on a worldwide basis. Renewables have been displacing older fossil generation, and costs have reduced, so that it may also be replacing planned new thermal generation, leading to multiple concerns arising from intermittency of generation and consequential impacts.
- How are the different global markets adjusting and preparing? Can lessons can be learned from Europe and other markets where such change is already taking place?
- What types of technologies are being used / are being developed , and will be required in the future to adapt to the increasing demands these changes place upon energy systems? Is there still an need for dispatchable capacity ? And if so how can it be encouraged?
- How might “conventional” thermal (and other) generation technologies and grids adapt to meet this new situation?
- Is de-industrialisation an inevitable consequence of a low carbon economy and a necessary consequence of intermittency? What role will smart technologies play in demand side management and how will this impact renewables penetration?
- Are large scale flexible grids and greater connectivity the answer? Will there be a global move towards multi-technology micro generation systems?
The global power generation projects pipeline for the next 10 years includes huge investments in fossil fuel generation projects with, despite the CO2 reduction targets required by the Paris 2 degree targets and expected growth in renewables, some estimates suggesting new coal and gas generation will still deliver far more generation capacity than renewables over the next decade or more.
- Will the CO2 agreements signed up to in Paris be met?
- Will new coal and gas generation deliver more new generation capacity than renewables over the next 5-10 years? Or, will the current project pipeline will evolve over the coming years to adapt and include far greater renewables penetration, with many current coal and gas generation development projects being abandoned?
- Is the lower cost of renewables seen in the market at present a true reflection of the overall system costs, and what does this mean for future deployment scenarios?
- Is there a “practical limit” to renewables penetration?
Register now to listen to the broadcast and get up-to-speed with the current affairs in the utilities market.
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