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Energy Transitions Podcast: Rightsizing the grid to accelerate decarbonisation

Energy Transitions Podcast: Rightsizing the grid to accelerate decarbonisation

Pamela Largue
Posted on: 14 May 2024

Kristian Ruby of Eurelectric and Serge Colle of EY talk about what is needed to overcome grid bottlenecks while maximising reliability.

As we ramp up the deployment of renewable energy thereby creating more intermittency, it is critical to invest in grids to ensure they are future-proof. But what exactly does future-proof entail and are we ready for the acceleration and change needed to reach our decarbonisation goals?

In this episode of the Energy Transitions podcast, Pamela Largue speaks to Kristian Ruby, Secretary General of Eurelectric and Serge Colle, Global Energy & Resources Industry Market Leader, EY, about what is needed to overcome grid bottlenecks while maximising reliability.     

The good news is the energy transition has accelerated immensely, the bad news is that this provides us with challenges in the short term… and we need to significantly ramp up the investment in grids in order to overcome this bottleneck…

Kristian Ruby

This episode will answer questions about:

  • The importance of derisking investment through updated policy frameworks
  • The need for incentives and derisking mechanisms to rightsize grids for 20 years from now
  • How TSOs and DSOs need to prepare for future challenges
  • Accessing funding for grid expansion without creating a huge bill for the customer
  • The importance of closing the loop between electrification needs, grid plans and climate targets
  • Understanding the need to build a foundation of knowledge to guide policymakers in future decision-making

The problem is… we are now at the point where the environment will change quicker than we ever can change the grids…

Serge Colle

Both Kristian Ruby and Serge Colle will be discussing the future of grids at the Eurelectric Power Summit taking place in Lagonissi, Greece, 22 – 23 May 2024. The summit will address in detail the challenges and opportunities we face to keep the lights on.

LISTEN NOW

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