Wind and solar energy sources are both variable and decentralised. In contrast, the existing electricity network was designed around very stable and centralised power generation sources.
As a result, innovation and investment are needed to modernise the grid to support a growing share of renewables. Alongside this challenge, end-use electrification (of transport and heating for example) also increases the demand burden, meaning grid expansion will be necessary alongside modernisation.
On the positive side, increased deployment of digitalisation and 'smart technology' can enable more flexible demand. Victoria MacLean, CFA explains why WHEB, part of Foresight Group believe these challenges are underestimated, but how they also see under-appreciated opportunities in this area.
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