wtorek, 23 maja 2023

Towards greening power industry

Strategy shift shall direct the power company to chose the proper production technology of green power. There is observed the continuous change of technologies’ competitiveness while RES improve the profitability and return on invested capital by permanent worsening of market position of fossil fuels-based assets. Coal and gas power plants can be in few years out of business. Hence, strategy must consider not only the development of renewable production, but the creation of distributed power production - the production perspective of strategy shall be developed by innovation in power trading on customers behalf backed by usage of power storage, connection the RES production with power storage systems, formation of virtual power plants (trading, ancillary services) and optimization of power supply supported by digitalization of operations. The interesting perspective for security of supply is the power production in small nuclear power reactors, being supplementary to RES. The development of RES must be linked to development and upgrade of power grid, what should secure the optimization of power grid operations and creation of smart, bidirectional power transmission.

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