Year: 2024 Language: English Author: DNV Genre: Guide Format: PDF Quality: eBook Pages count: 82 Description: This report expands upon electricity forecast of our Energy Transition Outlook,2023. Experts in DNV’s Energy Systems unit have contributed additional material to this report in the fields of demand modelling, grid operations, digitalization and AI, and new market models and funding mechanisms for flexibility. In this report we deepen coverage in particular of: —Demand response and associated technical and financial considerations —Modelling power systems by the hour to gauge the impact of adverse weather, including a case covering a windless fortnight in the UK power market — Grid enhancing technologies — The impact of digitalization, with a focus on resistance to change, cyber security, and AI — The sensitivity of the flexibility market to heightened participation of the global EV fleet in providing vehicle-to-grid services, and to varying assumptions about the average duration of utility-scale Li-ion battery storage — Market designs to promote flexibility and long term investment in decarbonization of power
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Energy Transition Outlook New Power System
Language: English
Author: DNV
Genre: Guide
Format: PDF
Quality: eBook
Pages count: 82
Description: This report expands upon electricity forecast of our Energy Transition Outlook,2023. Experts in DNV’s Energy Systems unit have contributed additional material to this report in the fields of demand modelling, grid operations, digitalization and AI, and new market models and funding mechanisms for flexibility. In this report we deepen coverage in particular of:
—Demand response and associated technical and financial considerations
—Modelling power systems by the hour to gauge the impact of adverse weather, including a case covering a windless fortnight in the UK power market
— Grid enhancing technologies
— The impact of digitalization, with a focus on resistance to change, cyber security, and AI
— The sensitivity of the flexibility market to heightened participation of the global EV fleet in providing vehicle-to-grid services, and to varying assumptions about the average duration of utility-scale Li-ion battery storage
— Market designs to promote flexibility and long term investment in decarbonization of power
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