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The benefits of minute-by-minute local energy trading

Article by Dr David Mutch & Anthony Price

A Local Energy Market (LEM) is an intuitively simple idea. A consumer is using energy; their neighbour’s solar panel is generating surplus. Instead of selling this surplus to a supplier, who then sells it back to their neighbour, the generator sells direct to their neighbour. The generator gets a better price, incentivising renewable generation and benefitting the environment, their neighbour gets cheaper energy, and the varying price of electricity encourages energy generation and consumption at times of day that benefit the distribution network.

Posted in The Science Stuff

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About the role of energy storage and synthetic fuels in defossilized energy systems*

By Dr. Diana Böttger et al.

In this article we analyze three different scenarios for a complete defossilization of the German energy supply system. The focus is hereby on flexible technologies and synthetic fuels in the year 2050. These technologies are necessary to balance supply and demand in a system based on weather-dependent renewable energy sources. The power sector is able to cover a considerable share of the energy demand in the heat and transport sector. This is made possible by flexible sector coupling technologies such as heat pumps and electric mobility. All considered models manage to find solutions for a deep defossilization if flexibility and storage options are available.

Posted in The Science Stuff

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Designing Coronomics - For a real energy transition!

Article by Dr. Axel Berg

Since the financial crisis of 2008, the leading industrialised countries have increasingly closed themselves off and protected their own industries and agriculture. The rules of the World Trade Organization are increasingly being ignored. Bilateral trade agreements are on the rise. Trade is becoming increasingly unfree. Under US President Trump, the policy of isolation has been accelerated. In 2020, Corona comes and deals another blow to the world economy: the vulnerability of our global system is becoming more and more obvious.

Posted in How it could be done

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