09 April 2019 | Articles
To meet key climate goals and ensure a sustainable energy future, power systems must incorporate high shares of renewable energy. Rapidly integrating solar and wind power, however, poses technical and economic challenges.
This interactive, interconnected Innovation Toolbox offers 30 innovations that can be mixed and matched as needed to create solutions. While the combinations could be virtually endless, the Toolbox outlines 11 solutions as examples of how to achieve system-wide synergies.
Innovative solutions can make the production, transmission and consumption of energy more flexible. This in, turn, allows for the highest shares and most cost-effective use of renewable sources. Increasing system flexibility also empowers energy consumers.
Power system innovations are emerging continuously across four key dimensions: enabling technologies, business models, market design and system operation.