Jeff Risley’s Post

⚡ New publication on Dynamic Regulation for Energy Networks! ⚡ We are pleased to present our latest CERRE publication, "Towards a More Dynamic Regulation for Energy Networks." Authored by Michael Pollitt, Andrei Covatariu, and Daniel Duma, this report explores potential areas where regulation could be changed to better cope with the uncertainty around #netzero energy policies. The report draws on regulatory theory, consultation responses, case studies, and interviews with regulators and regulated companies. The recommendations for improvement tackle the issues below: 🔵 The nature of regulation and the regulatory approach 🔵 Potential regulation changes 🔵 Lessons from other sectors and outside Europe 📘 Access the full publication on our website: https://lnkd.in/eMvAYE98 #energyregulation #energytransition #energynetworks #energy

#Energy and #Security are two finely intertwined topics. For example, let’s consider Sustainable Aviation Fuel #SAF. Both in its renewable and synthetic forms, SAF will be the key tool to decarbonize aviation, as it is a drop-in replacement for fossil kerosene that can be used on the existing fleet and logistics chain. This is recognized by #ReFuelEUAviation and other regulatory initiatives driven by decarbonization efforts. However, there is another relevant and little-known #advantage to SAF. As it is originated from waste or biomass (renewable SAF) or renewable energy and captured CO2 (e-SAF), it enables the development of fully domestic and localized fuel production chains. This is a truly remarkable feature from an #energy #security, #geoestrategic and #defence perspective. Glad to see that NATO and #allied #countries are analyzing this topic together with #academia and #industry.

“The #UK still has a unique opportunity to create a new #energy future. Accelerating the re-purposing of the #NorthSea as a world-class, multi-energy basin will ensure the sector can power the country for decades to come. The prize for the UK to get this right is enormous. But to deliver this requires action and urgency, which means faster planning and consenting and access to the grid,” highlighted Professor Paul de Leeuw, Director of RGU’s Energy Transition Institute. #energytransition #oilgas #offshorewind #decarbonization #netzero #offshoreenergy Robert Gordon University

MEMBERS OF THE EUROPEAN PARLIAMENT ADOPT PLANS TO BOOST EUROPE’S NET-ZERO TECHNOLOGY PRODUCTION Last thrusday (25th of April), Parliament approved the Net-Zero industry Act to bolster EU production in technologies needed for decarbonisation. The "Net-Zero industry Act", already informally agreed upon with the Council, sets a target for Europe to produce 40% of its annual deployment needs in net-zero technologies by 2030, based on National Energy and Climate Plans (NECPs) and to capture 15% of the global market value for these technologies. A considerable amount of clean energy technology is needed to support reaching Europe’s 2030 and 2050 climate targets. Europe largely imports these technologies, and many non-EU countries have stepped up their efforts to expand their clean energy manufacturing capacity. Main takeaways: ✔ Aim is to make EU internal market fit for industrial decarbonisation ✔ The bill supports manufacturing of key technologies needed for EU’s climate and energy objectives ✔ Faster permitting procedures and establishing net-zero industry valleys ✔ New criteria for public procurement procedures, auctions for renewable energy sources ➡ Technologies to be supported include all renewable technologies, nuclear, industrial decarbonisation, grid, energy storage technologies, and biotech. The law will simplify the permitting process, setting maximum timelines for projects to be authorised depending on their scope and output. ➡ The agreement provides for the creation of "Net-Zero Acceleration Valleys" initiatives, speeding up the permitting process by delegating parts of the evidence collection for environmental assessments to member states. https://lnkd.in/dW4Ze_kQ #netzero #industry #act #technology #EU #renewableenergy #decarbonisation #permiting #energy #climatechange #cleanenergy #lowcarbon #energytransition

Dear All, A recent article from myself, Omer Vejzovic, and Robert Kramer has appeared in the International Journal of Strategic Energy and Environmental Planning. We appreciate all of Stephen Roosa, Ph.D., CEM, CMVP, CSDP, REP, BEP help in bringing this to publication. We also appreciate Energy Exemplar in terms of their software Plexos and its associated Eastern Area Interconnection model which was the primary tool used in the analysis. The article's abstract is posted below. The question posed in the article is simple: How much baseload retirement is too much in terms of system reliability and market pricing effects? We are in a world where regulated utilities are trying to rush through as much baseload generation, and the question comes is there a better way. Specifically, we study the seam along MISO and PJM where the expected retirement of every coal plant in MISO Northwest Indiana and potential nuclear retirements (thankfully deferred for now) in nearby PJM could have catastrophic consequences for system reliability and market pricing. The enthusiasm for renewables is wonderful, but we must work towards equity in terms of reliability obligations. There are no easy answers to how to deal with these challenges. The question is how will regulators, Independent System Operators, and society as a whole ensure the electric system remains reliable while moving towards carbon reduction goals. The journal is free to all Association of Energy Engineers members so please consider joining today!

MEET THE ENERGY REALISTS OF AUSTRALIA The Energy Realists of Australia is a group of engineers and scientist, most retired with collectively some hundreds of years of experience across engineering and infrastructure projects, many of them energy-related. In early 2022 the group started to send briefing notes to some 800 state and federal members and a list of journalists. The first explained that when we depend on the wind, if the wind stops, the grid dies. We called that the choke point to signal a sense of urgency but the term did not catch on. The second listed four “icebergs” in the way of the RE TITANIC, including wind droughts which were a novel concept at the time. This is the complete list. https://lnkd.in/g5eH-XfP WE DECLARE NO FUNDING AND NO CONFLICTS OF INTEREST

The link below to the article is definitely worth a read for those interested in a facts-based discussion of a renewables only approach to Australia's future energy.

📅Join us on 5 June for a discussion about the critical questions facing the UK as it navigates the challenging industrial landscape of the energy transition. Register below to join us for this insightful conversation!

As we push for a greener more tech-savvy future, America’s old energy grid is under huge stress. This grid, a tangled web of power plants and half a million miles of cables can’t keep up with the rising demands from renewable energy, AI, and electric vehicles. The strain is exposing serious flaws in a system that’s over 50 years old and not ready for today’s power consumption surge. The US energy grid is super complex and old, making it tough to support new green initiatives and tech advancements. Called "the most complicated machine ever built," the U.S. grid isn't a single system but a mix of ten independent operators with different rules. This patchwork setup makes managing and updating the grid is very very hard. Electricity demand is booming, thanks to renewables, AI, and electric cars, putting our grid under massive pressure. Most US wires and transformers are old, and not built for today's needs. This could lead to power shortages, blackouts, and struggles to support new technologies crucial for growth and sustainability. The US invested a lot in energy generation like wind and solar farms, but not enough in the transmission infrastructure that moves this energy to consumers. This lack of balance causes bottlenecks, preventing efficient power distribution and reducing the benefits of renewable projects. Upgrading transmission infrastructure faces political and regulatory roadblocks. With grid governance split among federal and state authorities, conflicts and delays are common. Cross-state projects often face opposition from local stakeholders, including rival power companies and landowners, making grid modernization tricky. To fix these issues, The US needs big investments and policy changes. The Federal Energy Regulatory Commission (FERC) recently approved a rule to cut red tape for new transmission capacity, aiming to streamline grid upgrades. This means more transmission lines that can handle higher capacities and integrate advanced tech for better efficiency and reliability. So modernizing the US's old energy grid is key to supporting the green shift and new tech advancements. As power demand rises, upgrading and expanding the grid becomes more urgent. Political and regulatory cooperation is essential to overcome challenges and ensure the grid can meet future demands, support economic growth, and enhance resilience. #EnergyGrid #Infrastructure #RenewableEnergy #AI #ElectricVehicles #FERC #Sustainability #FutureTech