It’s all about “commitments to zero” these days. The urgency of climate change and the need to reduce carbon emissions has seen many influential organizations making commitments to Net Zero by 2050, including the Biden administration, 73 electric utilities across the United States, global energy giants like Shell and Equinor and the German parliament. The International Energy Agency (IEA) identified that the number of countries which have pledged to achieve net‐zero emissions has grown rapidly over the last year and now covers around 70 %of global emissions of CO2. However, the changes required to reach net‐zero emissions globally are poorly understood. As a result, IEA published its “Achieving Net Zero by 2050: A Roadmap for the Global Energy Sector.” They identified that, despite all the hype, if all announced national net-zero pledges are achieved in full and on time, whether or not they are currently underpinned by specific policies, goal acquisition will still fall well short of what is necessary to reach global net‐zero emissions by 2050.
I think it’s safe to say that, with the possible exception of a psychic or two who claim to have predicted the global pandemic that we’re all hoping would stop plaguing us, none of us had any idea that 2020 would be turned on its ear by a virus we’d never heard of a few short months ago. We’re all wondering what the short- and long-term impacts will be on all aspects of our lives, and at Enbala, we’ve been studying, pondering and prognosticating what the impact will be on the world’s evolution to distributed energy resources — and a greener, more sustainable energy future.
- Will business and residential customers continue to demand clean energy alternatives, and how will the answer to this question impact the market for renewables?
- How long will overall reductions in electricity demand persist, and how will the ramifications impact short- and long-term energy costs and the impact of these costs as drivers for cleaner energy alternatives?
- Can an increased focus on distributed energy resources help speed recovery from the pandemic?
- How will on-again, off-again stay-at-home orders and summer high-demand expectations impact grid reliability/stability, and how can distributed energy resources help?
Guest blogger Peter Asmus of Navigant Research posts this week about the widening use of distributed energy resources around the world, virtual power plants and distributed energy resources management systems.
As distributed energy resources (DERs) continue to proliferate, so do the reliability challenges associated with the world’s aging grid infrastructure. The diversity of resources added to the power grid include plug-in EVs (PEVs) and rooftop solar PV coupled with energy storage devices at residences. As the grid was not designed for two-way power flows, these trends create challenges and opportunities for vendors and grid operators.
Enbala founder Malcolm Metcalfe had the opportunity – and honor – of learning the answer to this question first hand when he met with Queen Elizabeth II earlier this month. Yep, he chatted with the Queen. At Windsor Castle. And it turns out that she shares a dream with Malcolm – the dream of a clean energy future where energy poverty no longer exists for the 1 billion people in the world who are living without electricity today and the 3.8 billion more whose energy sources are insufficient, unreliable, dangerous or prohibitively expensive.