Europe’s urgent need for flexible balancing power

Episode 4 March 14, 2023 00:17:33
Europe’s urgent need for flexible balancing power
Energy Transitions
Europe’s urgent need for flexible balancing power

Mar 14 2023 | 00:17:33

/

Hosted By

Pamela Largue

Show Notes

Without energy market reform to boost flexible balancing capacity, Europe could miss out on achieving its ambitious renewable energy goals.

That was the bottom line of a report from Wärtsilä that focuses on managing system imbalances of a renewable-based energy system.

To discuss the report’s findings in more detail and to unpack measures needed to attract investments into flexible power, Pamela Largue spoke to Anja Frada, chief operating officer, Wärtsilä Energy.

Frada delves into the importance of creating a technology agnostic capability market and improving price transparency.

She also talks about why we can be hopeful about the next decade, what challenges need to be addressed and how we go about mitigating risks to our energy system of the future.

Resources: Energy Market Redesign: For a Decarbonised Europe

Other Episodes

Episode 21

June 20, 2023 00:27:31
Episode Cover

Energy Transitions Podcast: Sustainable business models for a new energy economy

As the world transitions to net zero, it has never been more important to embrace sustainable business models, no matter how disruptive they may...

Listen

Episode 23

August 01, 2023 00:21:45
Episode Cover

Demystifying the voluntary carbon market

The Voluntary Carbon Market is designed to encourage emissions reductions and support sustainable development. Although a nascent market, it is gaining traction amongst corporations...

Listen

Episode 1

January 09, 2024 00:16:17
Episode Cover

Reshaping the industry through tech and leadership

The energy sector is facing multiple challenges that require innovation that goes beyond technology. From energy security to economic turbulence and a changing energy...

Listen