The many challenges facing the electricity industry.

Our landscapes seem never to change, power transmission lines spread out across the land as far as the eye can see delivering our electricity. Nothing seems to change, but nothing actually is as far from the truth.

The electricity industry is waging a sweeping transformation and in a recent report by Black & Veatch providing the present position of the state of Electricity called Strategic Directions: Electric Report, where they have gathered 600 power utility stakeholders to offer the challenges and opportunities that are occurring in the transformation being undertaken.

The challenges and opportunities are all caught up in a constantly shifting, complex ecosystem of everything, from conventional power generation to the renewable energies sources derived from the wind and sun and the significant changes underway in the use of putting in place microgrid systems.

I want to briefly summarize this report, one I would certainly recommend spending time in reading. Continue reading

Building the Internet of Energy

Getting to the point of the digitalization of Energy in a holistic way, not piecemeal as in the past is going to take a massive mindset shift within the energy industry. We need a dedicated internet of energy that brings energy together in ecosystem designs and platform delivery.

There are so many pressures to invest fresh capital to replace existing aging infrastructure, to adapt energy sources increasingly to accommodate renewables, and to build out the resilience within the energy system, adding new storage options and reduce the variabilities and demand fluctuations.  

You can go on and on in need to invest in a very challenging, changing environment for energy. Layering-in digitalization on top just adds to the need for change, we need to fully integrate it as a core necessity.

Having a greater insight and understanding of the management of energy is going to prove crucial in the future and “going digital” provides the essential energy transformation we need, being connected up.

I certainly feel we are on the cusp of a new digital era in energy. Digital technology has been involved in the energy system for decades but its time is now to be central to any new energy management system. We need to manage not just individual assets but manage the ‘connected’ energy system from the supply, through transmission into demand.

Digitalizing the energy system can provide much of the understanding of where, when, and what to invest in and validate the why in the relevant data supporting. We need a clear line-of-sight and data needs to deliver transparency and insights to all involved in managing or providing and consuming energy. Continue reading

Complexity, Debate and Many Starting Points in the Energy Transition

Image source and rights: Siemens Energy

I have just finished the third and final day of panel events offered by #SiemensEnergyME in their #EnergyWeek. I took the time to attend all of the panels, the debates, the complexities, and the significant differences as starting points in the #energytransition we are all undertaking was well brought home.

The panels were full of highly knowledgeable people, the hands-on ones that are dealing with the energy issues of today each day, and thinking through the ones for tomorrow. Siemens drew in Ministers, CEO’s, Senior Management, CFO’s, CTO’s and Director-Generals to offer insights and create the atmosphere for what I would call “creative tension” that good knowledge brings to a debate.

The third day was positioned on Sustainability with digitalization as key to the future of solving grid complexity and the growing challenges of renewable integration. Continue reading

Agility and Adaptability in any Energy Transition

Image source and rights: Siemens Energy

So I have just finished up my second day at the Siemens Energy Middle East & Africa #EnergyWeek. A completely different day that took the second theme of innovation into a deeper dive around tackling the decarbonization of the hydrocarbon industry, followed by digitalizing the energy industry and a final panel about preparing societies for energy evolution

It was a mixed bag for me. Innovation is my core topic, and energy is my major focus area to apply innovation to, so this was a day of expectations and insights. I am sorry it is a little longer than I would have liked but here you go:

Continue reading

Themes for Decarbonizing, My Agenda Setting Post

Is deep decarbonization possible? The level of investments will be substantial and require enormous changes to the energy system we have in place today.

Taking a higher-level of decarbonization, I have summarized the critical aspects we need to consider when we discuss this area. I have put them in blocks of bullet points here in this opening decarbonization post. I am planning to delve into each of these in later posts. Continue reading

There is a need for innovation within the energy transition.

The significant shifts we are undergoing in the energy transitions today are allowing real innovation opportunities when you survey the innovation landscape. The challenge is spotting and seizing these opportunities.

There is a clear realization that there is significant complexity in all the energy transitions going on. Still, it is the researchers, engineers, and entrepreneurs that can see the possibilities and ‘energize’ the innovative solutions are the ones that hold the future in their hands.

If innovation is given its appropriate place within the energy transition, the pace of innovation and energy transition will scale up and accelerate to meet the needs of a world rapidly wanting to decarbonize. The world is demanding a change in our energy supplies and rapid decarbonization.

It will be the organizations that have innovation central to their thinking and access to the financial and resource capital that will be in a very healthy position to capitalize on this demand for making change. Continue reading

A sharp acceleration towards Clean Energy is required.

Today the International Energy Agency (IRA) released a long-awaited update on where innovation needs to be in the energy transition we are undergoing.

At their own admission, it has been three years since they (IEA) released its last Energy Technology Perspective (ETP) report. Although they argue they have been reflecting on the critical technology challenges, it is way overdue.

In this new report, “Energy Technology perspective: Special Report on Clean Energy Innovation” released today, 2nd July 2020, they have developed some improved modeling tools to bring a higher capacity to answer key technology questions in greater detail. This is good news.

IEA will further follow up later this year with a flagship ETP 2020 publication later in the year to keep a tighter and more consistent focus on the role and need of innovation to accelerate clean energy transitions.

They, the IEA are planning an IEA Clean Energy Transitions Summit really soon to convene ministers and CEO’s to the aim of driving economic development by this more robust focus on clean, resilient, and inclusive energy systems. Continue reading

Believing in Hydrogen

Something that will take thirty to forty years to turn from being ambitious and full of intent into realization is hard to relate too. Hydrogen is one of those promised solutions that can potentially allow us to achieve our “net-zero” carbon ambitions that have been “set in stone” (The Paris Agreement) dealing with greenhouse-gas-emissions mitigation, signed in 2016 that we need to achieve by 2050.

Hydrogen is becoming a central pillar for many countries across the world to help achieve their targets to this net-zero by mid-century. Hydrogen holds, it seems, such a promise, but it is nearly all to do. There is so much to validate, prove, and certainly scale to make a real impact on changing the sources of our energy.

The more you investigate Hydrogen, the more you realize the complexity of making it a viable energy source of sufficient scale. One that will really deliver the suggested results that Hydrogen could meet 24% of the worlds final energy demands by 2050. Today it provides around 1%. To change our energy systems reliant on Oil, Gas, Coal, and make these renewables based on Solar, Wind, and Water separation is at a level of magnitude is hard to imagine.

Hydrogen is familiar, but it has failed to live up to its reputation as it has been based on fossil fuels, that now needs to change. Continue reading

Innovative Urban Development needs public engagement

source of image: https://www.thegpsc.org/knowledge-sector/integrated-urban-planning

I strongly relate to Smart Cities or Smart Infrastructure as the grouping area within businesses, focusing on the Edge, delivering energy transmission to the final delivery point for residential, mobility or commercial needs.

There is so much potential in technology currently being invested in our cities and their infrastructures. There are many estimates of this investment, according to the McKinsey Global Institute, they estimated that cities around the world would need to double current infrastructure investments from $10 to $20 trillion annually, to build the necessary physical infrastructure to support growing populations and needs[1].

So often, the focus tends to be on physical or urban infrastructure, but the importance of social support needs equal attention. Continue reading

Deploying smart infrastructure, a journey needing to happen

Smart infrastructure connects many parts of the city both physically and digitally. Services that capture the relevant information enable the deployment and introduction of the appropriate assets as the solutions.

Smart solutions for resolving the demands placed in everyday events like traffic flows, energy, and water requirements, transportation utilization, or in managing energy peak demands or optimizing buildings.

Through digital understanding, you learn from what is in place to improve the future in designs, capability, and asset utilization through the use of intelligent data providing relevant insights.

A digital understanding can help predict many variances and assumptions, for example on load demands, on traffic flow, on shifting resources to balance the “system” for the immediate and future; all of these are based on the data collected and can be compared on the forecasts made.

To achieve this, you need a constant flow of ‘real-time’ data, not historical ‘lagging’ information, that is often out of date before you can evaluate it.

Modernizing the infrastructure

Smart infrastructure provides many of the solutions for the journey all cities must travel.  Continue reading