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Exactly What are Balancing Costs?
The electrical grid is a marvel of engineering that delivers electricity to our homes and businesses, but it requires a delicate balancing act to maintain a consistent supply of electricity to end consumers.
Shell Energy Security Scenarios show grid technology innovation is needed to meet the long-term challenges of energy security and climate change
Response to Shell Energy Security Scenarios and meeting the long-term challenge of climate change
How Enoda’s technology can help address Greenhouse Gas Scope 1, 2 and 3 emissions
Enoda’s HERA® technology can help to drive down Scope 1, 2 and 3 emissions across industries, including the difficult loads identified above; therefore, the technology is capable of truly driving Net Zero outcomes in our lifetime.
The challenges on our energy security with the expansion of renewables and its implications for battery supply chain
As renewable energy targets are brought forward to lessen dependence on Putin’s pipelines, consideration must also be made for holes in our domestic energy security, and how we can design a system that maintains stability and energy security while still delivering energy that is affordable and green. Increasingly batteries are being used not only for EVs, but to stabilise the grid itself.
Russia will dominate energy security until the grid is fit for renewables
Coal is political and environmentally untenable. Nuclear is politically unpalatable in many places, unaffordable, and following Russia’s attack on the Zaporizhzhia, Europe's largest nuclear plant, an unacceptable security risk. The inflexibility of nuclear power station output also makes nuclear difficult to integrate with the variable demand of electric vehicles. I worry that many countries will sacrifice their climate goals to achieve security through a system that combines electrification of transport and coal-fired power. We do not have to do this.
Energy regulators seem to expect Christmas all year
Across the world, the public have been promised that they will be able to benefit from the falling price of renewable energy, but they have been misled. Regulators and politicians acted with the best possible motives as they sought to provide cheap and green energy, but many people failed to understand the true underlying dynamics of a system dominated by renewable energy. In moving from a system where supply could easily adjust to follow demand to one where supply would be driven by the weather, policymakers appear not to have properly accounted for the value of the stability services provided by thermal generation, nor the cost of provisioning stability for a system based on renewables.
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