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A Nordic carbon-neutral energy system enabled by flexibility and storage

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12.45 – 14.30 (CET)
CEM work stream event

International Smart Grid Action Network (ISGAN) Annex 7 – Smart Grid Transitions

Webinar: A Nordic carbon-neutral energy system enabled by flexibility and storage

30 June, 12.45 – 14.30 (Central European Summer Time)

Participation is free. Registration HERE.

Key words: Smart grid, Energy storage, Flexibility, Enabling conditions, Nordic energy system

Invitation to an ISGAN Annex 7 webinar organized by The Danish Technological Institute and DTU Management
Place: Microsoft TEAMS meeting (an invitation with link will be forwarded to registered participants)

This webinar discusses the flexibility measures enabled by smart grids and sector coupling that can help countries and regions make the deep decarbonisation of their energy systems a reality.

Carbon-neutral electricity is the main challenge since it will be the primary future energy carrier for heating, transportation and other energy needs. Soon fossil fuel-based power plants will be substituted by renewables such as wind and solar. Thus, new storage solutions - activated by the smart grids and enabled by linkages with the heat or mobility sectors - will become central flexibility assets.

However, their direct participation to balancing competes with other, centralised flexibility solutions such as hydroelectric dams that are facilitated by existing market designs and the long-lasting international cooperation among the Nordic countries.

Recent studies have demonstrated that decentralised and cross-sector storage is hindered by regulatory barriers and distorted price signals. Implementing enabling frameworks would create room for new business models to develop that would capture the added value of new types of storage to complement current flexibility solutions in future decarbonised mixes.

The webinar will discuss some of the opportunities and challenges of balancing energy and power in a larger perspective and in some local perspectives in the Nordic countries.