The Road Towards the Revolution: The road so far and what kind of changes can we already detect in the industry. How smart is our Grid? How ready are utilities for a large scale renewables integration and generation? How does the new market model from the European Commission affect the integration of renewables?
Session Introduction - The New Sustainability Paradigm
One of the great challenges faced by the European countries today is achieving environmental sustainability while maintaining their economic growth. This is one of the key objectives of the European Union as well, but the consequences of climate change and the growing demand for energy and resources are challenging this objective. It is now time to move towards an energy and resource sustainable reality. How are we going to boost sustainable consumption and production? How do we help the end consumer in making informed choices? What kind of innovative technologies will help us achieve an environment friendly future?
Critical Transmission Technologies with Paramount Relevance for The Transition to Low-Carbon Economy
The BEST PATHS objectives and achievements so far
Intermediate results of the limited scale and hardware on the loop HVDC grid site, multiterminal VSC interoperability platform, new components and strategies for existing off-shore HVDC links, new materials and solutions fur uprating AC grid and full scale (limited length) 3.2 GW HVDC MgB2 superconducting cable and associated equipment.
The complexity of establishing a framework for collaboration
GEODE Chairman & Managing Director of Aspern Smart City Research GmbH & Co KG
Session Introduction - Technology is just an Enabler
A deep-dive into the projects that have already proven the technology-enabled services that will revolutionise the energy industry including Virtual Power Plants, the evolving role of Distribution, the potential opportunities in the EV market, and role of the Algorithm.
Using data-driven technology, how the Virtual Power Plant enables distributed generators, batteries, industrial and commercial firms and residential properties to become market participants and disrupt the traditional system.
The technology stack: bringing together a variety of assets and technology, Virtual Power Plant automatically optimises assets in real-time, using big data and algorithms to maximise price and act swiftly on all market opportunities.
Real life examples: from batteries to demand response, how Limejump’s Virtual Power Plant is helping to balance the UK’s energy system and drive revenue.
Opportunities for new market entrants including a different customer – the Prosumer. In this session we explore the role of the Energy Prosumer in the Revolution including their motivations, needs, the solutions at their disposal and the potential implications on existing market participants.