The transition towards climate-neutral power generation presents a host of challenges for the energy system, particularly in maintaining a balance between supply and consumption. EM-Power Europe, the international trade fair for energy management and integrated energy solutions, is set to delve into these pressing issues.
Increasing Demand for Flexibility
According to EU projections, the demand for flexibility in the energy system is expected to surge by 133 percent by 2030. This necessitates a shift towards a significantly higher degree of flexibility compared to the current landscape. Michael Villa, Managing Director of smartEn, highlights this imperative, emphasizing the role of flexible consumers in meeting these demands.
Consumer Flexibility: A Game-Changer
A recent study by Agora Energiewende suggests that by 2035, electric cars, heat pumps, and home storage systems could potentially offset ten percent of Germany’s annual electricity demand. This translates to approximately 100 terawatt hours of flexible consumption, resulting in significant cost savings for the economy amounting to 4.8 billion euros.
Harnessing Consumer Contributions
Consumers can play a pivotal role in the energy transition by optimizing their electricity usage. Prosumers, equipped with photovoltaic systems and battery storage, can minimize grid reliance by maximizing self-consumption. Moreover, dynamic tariffs offered by electricity suppliers enable consumers to adjust their consumption based on price fluctuations, promoting efficient use of resources.
Supplier Intervention and Grid Flexibility
Suppliers also have a crucial role in enhancing grid flexibility. Through measures such as temporarily reducing consumption during peak periods, suppliers can alleviate strain on distribution grids. Additionally, advancements in technology, such as throttling wallboxes and heat pumps, enable grid operators to manage grid overload more effectively while ensuring uninterrupted service for consumers.
EM-Power Europe: Shaping the Future of Energy Solutions
EM-Power Europe serves as a platform for industry stakeholders to explore emerging trends and innovations in energy management. With a focus on empowering grids and prosumers, the event fosters dialogue and collaboration towards a sustainable energy future. Scheduled from June 19 to 21, 2024, at Messe München, EM-Power Europe promises to be a catalyst for driving positive change in the energy landscape.
Source:businesswire.com