A blog post from Markus Löschenbrand of BEYOND partner SINTEF details the changes in the power grid in recent decades, as well as potential solutions to the inherent added complexity of doing so.
Regulatory shifts in the 90s towards market liberalization shifted the responsibility of R&D, investment decisions, and operational planning from large state monopolies to smaller firms. Additionally, the transition away from carbon-intensive, centralized forms of thermal electricity generation to decentralized renewable electricity sources such as wind and solar has added additional complexity. Intermittent generation sources lead to a difficult matching and supply and demand, and requires active management of demand through demand-side management technologies, as well as new, potentially revolutionary ideas such as peer-to-peer electricity trading networks.
This idea represents one of the most fundamental concepts of the BEYOND Project: to provide a space to develop new ideas and methods for implementing them. Please read further at the link below:
Local electricity markets: Neighbourly help as a driver for sustainability