The Global Energy Village 2-4 May 2017
Tulip House Boutique Hotel Bratislava, Slovakia
The Global Energy Village is focused on new trends and innovations; a dedicated group which pioneer new directions that the industry will follow. The Global Energy Village is a platform for ‘Innovators’ and the ‘Early Adopters’. Think of the Large-Scale Energy Storage Project which Nafta will be doing in 2017. This is a follow-up to the Sun Storage Project(RAG) which participants visited in Salzburg in 2016.
At the GEV 2016 (Salzburg) Mr. Reinhard Ruemler, PWC, Germany identified five key areas of concern for storage operators:
- Flexibility has become a standardized product and is traded in spot markets. As a result storage value is low and is likely to stay that way going forward.
- The fragmentation of the value chain drives a wedge between the different market players. Hence providers of physical flexibility are being left isolated.
- SSOs are not rewarded for their leading role in providing physical flexibility and security of supply.
- Creative technical solutions and adaption to changing circumstances are key to discovering new business opportunities.
- Storage operators could become the one-stop-shop for energy storage services and might have to invest in new see a regrouping of the storage sub-sector
Coping with Excess Storage Capacity
- Should operators shut down excess capacity because of the low spreads (winter vs summer are almost identical)?
- Should excess storage be returned to gas production?
- Should operational capability be reduced?
- Or should cushion gas levels be reduced?
- What about Negotiated TPA(Third Party Access vs Required TPA?
- To what extent can storages play a role in the transit economy, i.e. companies creating a green company, but requiring storage capacity in the interim. What are the technical and strategic implications?
- Wind energy will also require storage. In the short term gas storages are too expensive, but given their capacity, storage capacity would well come down and provide wind energy a viable storage.
- How can sector coupling between the energy sectors (electricity, gas) and other sectors (transport, chemical industry, residential) contribute to develop economic synergies (e.g. hydrogen as vehicle fuel providing (decentral) storage capacity)?
- If hydrogen becomes a sectoral fuel for the transportation and petrochemical industries, hydrogen storage is anecessary requirement.
- If hydrogen becomes a sectoral fuel, storages will be viewed as strategic assets that could purchased by an interested 3rd party?
- As wind energy and hydrogen become part of the energy mix will we see a regrouping of the storage sub-sector?
Moving the Hydrogen Road Map Forward
To date the Global Energy Village has been a pioneer in Power to Gas technology( starting in 2009) and in 2016 with Rag’s Sun Project. Think also of The Hydrogen Roadmap being pursued by Kawasaki Heavy Industries Ltd(Japan). How in 2017 can we bring this focus to the Transportation (Mobility Sector) and Petro-chemical sectors?
List of Participating Companies