The state of play of power grids - the backbone (and bottleneck) of the energy transition

The power grid – arguably the backbone of the global economy – is the backbone of the energy transition but also its main bottleneck. We are at a critical convergence of the demand ramp-up of an increasingly electrified economy – driven by the rise of electric vehicles, datacentres and artificial intelligence (AI) – and an aging power grid that requires significant upgrading (particularly in a world of more renewable but intermittent energy).

In this week’s podcast, Ehsan Khoman, Head of Research – Commodities, ESG and Emerging Markets (EMEA), delves into the obstacles to grid modernisation and explores potential hardware and software solutions, including the greater use of long duration energy storage, wider applications of demand responses as well as the adoption of automation and AI.

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