3D renewables: decarbonising, decentralising and disrupting - Capital Dynamics
LAPF Investments, April 2018
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This paper explores how developments in renewable energy are transforming the way we think of the power sector and looks at the three dimensions of renewables:
Decarburization – The world of power generation has transformed dramatically over the last few years. In Europe and the UK, coal has been rapidly phased out and replaced by cleaner forms of electricity generation, particularly renewable energy.
Decentralization – The advent of battery storage is enabling common renewables sources – wind and solar power – to be stored and therefore provides a solution to the intermittency issue and absence of control over the electricity dispatch. When a wind or solar farm is connected to a battery, it immediately gains the flexibility to store electricity and to use it whenever there is demand.
Disruption – Decarburization and decentralization remove the need for large power plants, providing a new era for the electricity market, where small-scale generators can supply electricity directly to the end consumer.
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