Renewables are now bringing necessary and disruptive change to the global energy landscape at an accelerating pace.
Driven by technological advances, enabling policy frameworks and decreasing costs, renewables have created unprecedented opportunities to rethink the way our energy systems operate.
Our view includes electricity, heating, cooling and transportation. Key trends are backed up by numerous global studies.
The integration of renewable energy sources such as wind and solar have traditionally represented challenges as well as additional costs for utilities and grid operators. Increasing penetration of these variable resources puts strains on the power grid, including the need for energy storage and back-up generation, to meet requirements for both grid stability and security of energy availability.
of the future energy system
Our energy system is becoming ever more electricity intensive.
The stability of the grid, and the availability of electricity are becoming critical.
The push for decarbonisation is gaining importance.
Increasing pressure to find ways to incentivise carbon free production.
Forecasts for CO2 emission permit costs to be followed closely – we need to be ahead of the market.
The decentralisation trend continues.
The amount of small producers is increasing fast, but centralised production will remain important. A key target for the demo Smart Energy Åland is the integration of prosumers.
New types of players such as “energy communities” are evolving.
The business environment is changing due to market liberalisation.
Increasing role for ICT and digital services in the system.