Panel Discussion

Recording of Tuesday, June 18, 2024 | The smarter E Europe 2024 | Conference Program | Language: English | Duration: 27:22 .

Panel Discusses Balance Between Information Technology and Hardware in Advancing Electrical Grid Innovations

The discussion revolves around the significance of various technologies in managing electrical grids and fostering innovation within this domain. The central question is whether information technology (IT) or hardware advancements are more critical. Both panelists argue that it's not an either-or scenario; effective grid management requires a symbiosis between data-driven IT solutions and robust physical infrastructure. One panelist emphasizes that while IT has rapidly progressed, its utility is primarily driven by developments in renewable energy hardware like solar PV systems. Without these renewables, there would be less demand for advanced market mechanisms managed through IT. Another perspective highlights the high cost associated with building new grids, suggesting smart charging and other technological flexibilities to reduce expenses. At different voltage levels (low vs high), optimization needs vary significantly—centralization at higher voltages versus detailed fine-tuning at lower ones. Additionally, historical examples show unexpected initial challenges like voltage control necessitating immediate solutions, showcasing the need to understand both IT and hardware nuances depending on specific regional issues. System operators often seek flexibility but face obstacles in engaging asset owners and assessing existing capabilities efficiently—a gap companies like Piclo aim to fill with their adaptable interfaces for quick market deployment.

_{Automated summarization by AI Conver}

Talk of session: Flexible Grid and Innovative Grid Management

As the recent Grid Action Plan has shown, the importance of grids has finally come to the forefront of discussions on European energy policy. The focus of this session is on grid innovations and the need for a sustainable electricity system that can adapt to the energy transition.