Featuring Coriance, Highview Power and JSW Energy, this panel will explore the role of technology and innovation in supporting decision-making, asset management, and power grid reliability. And how technology will help utilities manage the growing demand for electricity and mitigate the impact of climate change on the grid infrastructure.
With global power demand set to more than double by 2050, the power industry must meet this growing demand while navigating stricter environmental mandates, the ever-increasing impact of climate change, supply-chain disruptions, inflation, cybersecurity and physical security threats, and increasingly complex grids.
The rapid growth of electrification, data centers, and AI is affecting the grid load and demand. There is a pressing need for new and green resources to ensure we meet our net-zero goals. Utilities must deal with the difficulties of constructing new transmission lines and interties to access distant and varied renewable sources, thereby increasing the share of solar, wind, hydro, and nuclear in their portfolios. The growth of these renewable energy sources will demand fast grid change, added energy storage capacity, and more intelligent grid control capabilities enabled by sophisticated technologies, such as AI. Demand response programs and technologies are key to lowering peak load and enhancing customer involvement.
While the energy transition will present challenges, there are also opportunities.
Panelists and topics include:
- Laetitia Barbotte, Coriance: Conditional maintenance heat district
- Craig Muir, Highview Power: Driving to net zero: Unlocking the real value of renewable energy through long duration liquid air energy storage (LAES) technology
- JSW Energy: Decarbonization by flexibilization of thermal generation to 25% (MCR) during solar power injection