The rapid development of technology encourages businesses and markets to adapt to new realities. A new issue of Ukrenergo Review tells about what the US is doing to combat cyber threats in the energy sector, about new approaches to supporting RES, as well as about the plans of global energy producers to develop clean energy business.
1. The US government to spend $ 28 million on energy infrastructure cyber defence.
The US government will allocate up to $ 28 million for cyber security projects to protect the country’s energy infrastructure, as well as for research and development of innovative technologies to enhance security and resilience of power grids. This is reported by EnergyLiveNews.
Researchers will apply innovative approaches, such as transformation of the current architecture to protect the grid from cyber threats, prevention of cyberattacks, as well as their detection and elimination.
Energy Secretary Rick Perry stated that the protection of national electricity transmission systems from cyber threats was a top priority and that financial support would stimulate the following level of innovation needed to improve cyber-security by ensuring that the country’s most important energy infrastructure could overcome potential cyberattacks.
2. EDF plans to cover 30% of the market of charging stations for electric vehicles in several countries.
Electricite de France (EDF), one of the world’s largest electricity producers, wants to control 30% of the market for electric vehicle charging stations in France, Belgium, Italy and the UK. It is anticipated that by 2022, the company will supply electricity for 60 thousand electric vehicles. This was reported by Reuters.
EDF operates 58 nuclear power units that produce 70% of electricity in France. However, the company plans to halve this share by 2035 and increase the use of RES.
EDF predicts that by 2030, electric vehicles will account for about 30% of sales of new cars in France, Great Britain, Italy and Belgium, as governments in the European Union strengthened the proposed restrictions on carbon dioxide emissions.
Using its subsidiary Sodetrel, EDF intends to launch the operation of charging stations in Europe by 2022, providing EDF customers in Europe with an access to 250,000 terminals.
In general, the “greening” of energy is a clear trend in France. The country plans to reduce emissions by closing all its coal-fired power plants by 2022 and limiting oil consumption by means of using subsidies for environmentally friendly cars.
3. Investments in “clean” energy source decreased by 6% in the third quarter of 2018.
The total volumes of investments in RES in the third quarter of 2018 amounted to $ 67.8 billion, that is decreased by 6% compared to the same period last year. With was reported by EnergyLiveNews referring to Bloomberg.
According to Bloomberg New Energy Finance (BNEF), in July-September 2018, investments decreased by 2% compared to 2017. Financing of renewable energy projects in the utilities sector in 2018 amounted to $ 49.3 billion, that is 15% less than in the same period last year, while the purchase of small solar power stations with the capacity of less than 1 MW reached $ 13.5 billion, 9% higher than a year ago.
Financing of the largest renewable energy projects in the third quarter of 2018 amounted to $ 2.6 billion for Triton Knoll 860 MW, $ 1.4 billion for Enel Green Power South Africa 706 MW and $ 1.2 billion for Guohua Dongtai marine wind power project in China 300 MW.
In the third quarter of 2018, China became the largest national investor in renewable energy (the volume of investment amounted to $ 26.7 billion, which exceeded the figures for the same period in 2017).
4. American RES electricity producers want a transparent market instead of subsidies.
The American group of companies Wind Solar Alliance proposed new wholesale rules for the electricity market for federal regulators, which protect the interests of all parties, increasing the share of RES electricity. This was reported by Forbes.
Grid, a part of Wind Solar Alliance, appealed to federal and state regulators, legislators and US governors with a plan of changes to the assessment of electricity cost using generation of two largest organised wholesale electricity markets, namely PJM Interconnection (PJM) and Midwest Independent System Operator (MISO).
The existing wholesale electricity market plan was adopted in 1998 when wind and solar resources were scarce and relatively expensive.
Under existing market rules, network operators actually choose the lowest cost option for power at a certain moment of time.
However, over the last decade, the situation with RES in the wholesale electricity market changed significantly.
Alliance plans to develop general recommendations based on the analysis of electricity markets in Australia, Ireland and the United Kingdom, where the share of RES is high and entry barriers are low.
Alliance is currently working with PJM and MISO, but it may start cooperation with Southwest Power Pool. The goal is to ensure that all 10 organised markets in North America adopt rules that open the door for increasing the share of renewable energy generation.
5. Replacement of the Green Tariff Shared Renewables Programmes
Southern California Edison (SCE) offered the California Public Utilities Commission five “green programs” in an effort to provide customers with options for direct access and support for renewable electricity. This was reported by CleanTechnica.
The current SCE’s Green Tariff Shared Renewables (GTSR) programme enables customers to save on green energy and compensate for their consumption, as well as provides a more sophisticated plan for purchasing electricity for larger customers.
New green energy programmes will come into effect as soon as they are approved by the California Public Communications Commission.