Conclusions | Massive Renewables Uptake through Enhanced Grids. A Transatlantic Perspective.
Thank you for joining us on the 1st of June for a transatlantic discussion about the Massive Renewables Uptake through Enhanced Grids.
Some takeaways of our 5th webinar to keep in mind:
- Massive renewables demand on both sides of the Atlantic triggers more demand for enhancing technologies.
- The Biden administration shows ambitions to support energy grid enhancement and international cooperation on sharing ideas and best practice.
- The European Union has “all hands on deck” to implement renewable energy in a cross-border approach as quick as possible.
- Great expectations ahead for new EU regulations entering the public on the 14th of July.
- Electrical demand will increase by 2-3 times by 2050, leading to an increased demand for immense efficient energy grids.
Summary of our webinar
There is a growing consensus in both EU and US that more transmission is needed. Biden’s ́build back better ́ agenda is focused on infrastructure investment. Yet, while we agree with the need for more infrastructure, we all know that delays will occur. The cost of delay is high to society: we miss carbon targets and we pay for congestion and curtailment. Therefore, waiting is not an option: Grid Enhancing Technologies buy us valuable time since they can be installed in less than a year. They can bridge the gap and provide value to customers by letting renewables connect to the system now and avoid waiting years in the queue. Meanwhile, more efforts are needed to develop new, more efficient, innovative transmission technology to connect rapidly growing renewable energy capacity.
With the Biden presidency and its priority on climate there is a new opportunity for success on the Paris agenda. The Climate summit on 22nd April in Washington, preceding the COP 26 in November in Glasgow, showed strong commitment for making this decade a decade of ambition, decision and action.
Our panel of experts:
- Susanne Nies (Board chair of currENT) and Jenny Erwin (Board chair of WATT)
- Jay Caspary (VP of Grid Strategies LLC)
- Rob Gramlich (President of Grid Strategies LLC, Executive Director of WATT, Executive Director of Americans for the Clean Grid (ACEG))
- Oliver Koch (DG ENER, European Commission)
- John Fitzgerald (CEO, SuperNode)
- Michael Jesberger (CTO TransnetBW)
- Giles Dickson (CEO WindEurope)
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