Michael Ravensbergen’s Post

According to McKinsey & Company for various reasons #electricity demand across Europe will be uncertain and will involve the need to adapt electricity grids to be flexible and agile to meet fluctuating demand. This report predicts required annual investments in the next five years would still be over 50 percent higher than they were in the past decade. To ensure the necessary agility, innovative approaches - like grid automation digitalisation, microgrids - will be key, and energy storage "should be explored to ensure cost-effective deployment." https://ow.ly/7jVu50U15Js #EnergyStorage #RenewableEnergy

Providing a storage solution that has a low Levelized Cost of Storage (LCOS) is key to enabling the transition out of fossil fuels. In this video, we compare our LCOS to Lithium-ion. In the following video, we will explain how we can achieve such a cost difference. So Stay tuned!

🔋 When evaluating energy storage, Levelized Cost of Storage (LCOS) is the most important metric. It considers all costs—hardware, maintenance, efficiency, and more—over the entire lifetime of the system. 💡 While capex is the initial cost of building a system, it's just part of the equation. While Qnetic’s capex is lower than that of lithium-ion, it is with nearly 50% cost savings in LCOS where Qnetic excels. This illustrates Qnetic’s long-term performance and reliability matter far more than initial capex, offering significantly lower lifetime costs compared to lithium-ion batteries. 🎥 Check out the video for a detailed explanation of how Qnetic delivers this cost advantage. And look out for our following post for an explanation of how Qnetic’s LCOS can beat lithium-ion’s. Want to be part of the future of energy storage? Invest in Qnetic on Wefunder. 👉https://lnkd.in/gPsj2erH

⚡ Understanding energy pricing in a deregulated market can feel overwhelming. Let us help you break it down. The latest installment of our 101 series, Charlotte Caldwell, Senior Analyst at Trio, takes a close look at electricity costs, exploring: • How energy prices are structured • Key factors driving costs • The role of supply, demand, and market competition 🔗 Learn more on our website: https://lnkd.in/eBgBqxwf #EnergyPricing #CleanEnergy #DeregulatedMarkets

Another article I wrote for the 101 blog series I started at Trio! A great resource for an introduction into energy markets and renewables in the US.

Our latest insights reveal a significant shift in projected power demand growth in Europe—up to 40% of the expected growth may not materialize. This is driven by factors like elevated power prices, energy efficiency improvements, and deindustrialization across key sectors like steel and chemicals. This shift poses major implications for the region’s energy transition and industry competitiveness. Governments and system operators will need to rethink their energy strategies to ensure an affordable and sustainable power supply. Learn more about the evolving power landscape in Europe in our latest insight: https://lnkd.in/dKy3Bimh #EnergyTransition #ElectricityDemand #McKinseyInsights

Explore the future of the energy industry with the latest IFS study, which examines 104 utilities and their current business operations. Read here: https://lnkd.in/gC3EE7ej This study highlights the pressures these utilities face and how these pressures are driving them to explore new business models. It also sheds light on their future goals and how they plan to align their resources with long-term strategies. While customer focus was a key area of examination, the study found that just over half of the utilities are involved in customer-oriented programs. Additionally, the utilities were asked to envision the electricity industry five to ten years from now, and their forecasts provided various perspectives on the future landscape. #EnergyFuture #UtilityStudy #BusinessModels #CustomerFocus #ElectricityIndustry #LongTermPlanning #EnergyTrends #UtilityInsights #WhitePaper #Free #Survey #UtilityIndustry

“By anticipating future power system conditions, operators can make informed decisions to maintain reliable and efficient electricity supply in the face of rapidly evolving energy generation and consumption patterns.” Kevin Walsh, our Global Industry Principal for Power and Utilities, recently wrote an article for Energy Source & Distribution discussing the global demand for power, and the risks and complexities of running #electricity markets as we transition to #netzero emissions. Walsh also highlighted recent AVEVA research that found 55% of industrial leaders globally lack access to reliable, real-time #data and #insights most or all of the time when making key business decisions. Read the full article (page 30 -31) to learn how smart data analytics can help organizations overcome this challenge: https://bit.ly/3N6USbv

Our latest insights reveal a significant shift in projected power demand growth in Europe—up to 40% of the expected growth may not materialize. This is driven by factors like elevated power prices, energy efficiency improvements, and deindustrialization across key sectors like steel and chemicals. This shift poses major implications for the region’s energy transition and industry competitiveness. Governments and system operators will need to rethink their energy strategies to ensure an affordable and sustainable power supply. Learn more about the evolving power landscape in Europe in our latest insight: https://lnkd.in/ge9WWKez #EnergyTransition #ElectricityDemand #McKinseyInsights

Our latest insights reveal a significant shift in projected power demand growth in Europe—up to 40% of the expected growth may not materialize. This is driven by factors like elevated power prices, energy efficiency improvements, and deindustrialization across key sectors like steel and chemicals. This shift poses major implications for the region’s energy transition and industry competitiveness. Governments and system operators will need to rethink their energy strategies to ensure an affordable and sustainable power supply. Learn more about the evolving power landscape in Europe in our latest insight: https://lnkd.in/gmEnpjfK #EnergyTransition #ElectricityDemand #McKinseyInsights