The digitalization of the electricity infrastructure is transforming the power industry and enabling its decarbonization and decentralization. In the electricity sector, digitalization is not a novelty but a process that has come in successive waves and whose implications go beyond technological change. Digitalization started at the level of transmission networks and large generation assets. By increasing the availability and usability of data on the status of the electricity network, it enabled more efficient and secure system operation. It also supported the creation of competitive wholesale markets and their integration at the regional level. More recently, digitalization has expanded its outreach to cover distribution networks and consumers’ premises, allowing a reduction in costs and an improvement in quality of service. It has also laid the basis for the establishment of innovative retail markets which empower final customers and provide opportunities for new entrants, while challenging existing approaches to sector regulation
To fulfill the Paris Agreement commitments and stimulated by an unprecedented amount of public resources put in place to recover from the COVID-induced recession, European governments have recently announced sizable [...]
India has embarked on an ambitious sustainable development pathway by applying a multipronged approach spanning several sectors from developing smart cities to enabling electric vehicles. In the power sector, it [...]
To increase the share of RES-E, governments have designed and implemented promotional policies which provide direct and indirect financial aid to RES-E adapters and developers. These promotional policies include several [...]
About 1,100 TWh of natural gas can be stored in 115 storage facilities in 19 countries in the EU27 area, accounting for 25-30% of European consumption in winter periods. Securing [...]
The outbreak of the Russia-Ukraine war has revived discussions on the EU’s dependence on fossil fuel imports from Russia. To ensure gas diversification, the EU Commission has suggested over a [...]
The recent surge in energy prices has prompted many governments to introduce emergency measures to reduce the impact on consumers’ electricity and gas bills. In its REPowerEU Communication of 8 [...]
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