The global transition of the energy sector to a low-carbon energy economy is underway, and markets will play an essential role in this transition. This shift not only needs to capture the flexibility of technological developments (from solar PV development, battery storage to the deployment of small modular reactors) but also the changes in the social, environmental and governance requirements for a sustainable energy future. Here at the firm, we capture this transition from a broad perspective that includes geopolitical, economic, environmental, and financial parameters of a newly defined concept Regional Energy Hub, (REH).
Tomorrow's grid will need to be highly "flexible" and resilient to maneuver around short-term challenges arising from extreme weather events such as hurricanes, floods, storms and extreme heat but also meet the long-term challenge of greenhouse gas mitigation through effective optimization of the energy supply mix at the regional level. Enabling transmission investment and large-scale scale enhanced electricity trading among countries on a continent-wide basis is one part of the answer. We expect a clear stipulation and definition of a regional energy hubs will play key roles in tomorrow's flexible grid and markets, making them our most important asset.
Guler, B., Çelebi, E., & Nathwani, J. (2018). A ‘Regional Energy Hub’for achieving a low-carbon energy transition. Energy policy, 113, 376-385.
We provide solutions in strategic energy policy options for governments, industry associations, corporations (utilities, trading houses), and markets (exchanges, tso, iso, rto).
We also provide technical, management, corporate development expertise in: (i) nuclear, gas, renewable, and transmission projects, (ii) engineering projects in terms of design, product development, field services, and (iii) witness advisory practices.
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