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Protected: It’s time for a new era of low voltage grid management

Smart Energy International · Siemens · last updated

It’s time for a new era of low voltage grid management

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The battery will be located near a substation in Alfeld (Leine), Lower Saxony, Germany, charging and discharging to help shave peak demand.

Rolls-Royce-supplied battery containers, which will charge EVs at Shell stations, will feed remaining electricity into the public power grid.

Following closure of sale to Südwest Konsortium, the German Federal Government has purchased a 24.95% stake in TSO TransnetBW.

Energy digital solution provider Gridspertise has announced its acquisition of the Finland headquartered Aidon Oy.

Related Knowledge Center: Climate economics

State of Play

Climate change is now a driver of the world’s economy. The impact is profound:

  • Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
  • Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
  • Investment in carbon capture and storage technologies is increasingly rapidly.
  • Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases. 

On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”

More informationabout Climate economics