Covid Gave Us a Glimpse of the Future [Special Content from Wartsila]

Covid Gave Us a Glimpse of the Future [Special Content from Wartsila]

What if we could see into the future? In 2020, we got our clearest view yet.

Last March, lockdowns swept across Europe, forcing an eerie silence on some of the world’s most iconic and bustling cities. It caused a steep drop in electricity consumption -- putting pressure on thermal generators and giving renewables a greater share of the generation mix.

“And all of that has really provided us a bit of a glimpse of the future to a time where we will have much more flexible supply on the system and renewables will be consistently taking a much greater share of the market,” says Tom Heggarty, a principal analyst at Wood Mackenzie.

The covid crisis proved that the European grid can handle large amounts of renewable energy -- at levels we didn’t expect to see for another five to ten years.

So how do we take this knowledge and game out the future?

For more answers, we turn to Jyrki Leino, a senior manager for business development at Wärtsilä. “We kind of stepped to the future right away. We saw the systems in a situation where in normal conditions would be in five or 10 years time,” he says.

Jyrki and his team at Wärtsilä wanted to help answer some simple questions: what happens to European power markets if the trends we saw during covid persist? And what happens if renewables are meeting nearly all load?

So they built an open-data test environment, called the Wärtsilä Energy Transition Lab or WET Lab. It’s like a fact-based choose-your-own-adventure for energy geeks. Or a crystal ball.

In this episode, brought to you by Wartsila, we look into that crystal ball.

Check out Wärtsilä's Energy Transition Lab to see the impact of Covid-19 on energy markets, and for clues about Europe’s clean energy transition. It’s an open-source data set that anyone can use.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Jaksot(342)

It’s turbulent times for the wind sector in the US, but the outlook is better across the pond. What can the US learn from Europe?

It’s turbulent times for the wind sector in the US, but the outlook is better across the pond. What can the US learn from Europe?

Nearly 150 days into President Trump’s second term, the outlook for wind energy in the United States - particularly offshore wind - is increasingly bleak. Trump had pledged to end offshore wind develo...

3 Kesä 202541min

$8 billion in clean energy projects were cancelled this year. Can the US clean energy market survive tariff uncertainty?

$8 billion in clean energy projects were cancelled this year. Can the US clean energy market survive tariff uncertainty?

The US is risking ceding global market share of clean energy to China, permanently.New tariffs, put in place one day then removed the next. Rising costs for everything along the supply chain. The US c...

20 Touko 202543min

What’s the biggest mistake clean energy developers make when chasing tax equity? | Sponsored content from Foss and Company

What’s the biggest mistake clean energy developers make when chasing tax equity? | Sponsored content from Foss and Company

Tax equity plays a significant role in clean energy finance, but are developers using it effectively, or are they stumbling over complexities and recent changes? Sylvia Leyva Martinez is joined by Bry...

7 Touko 202530min

An energy podcast crossover: Energy Gang and Interchange Recharged join forces to discuss flexibility on the power grid: why it is so important, and how to create it

An energy podcast crossover: Energy Gang and Interchange Recharged join forces to discuss flexibility on the power grid: why it is so important, and how to create it

They called the film Avengers: Infinity War the most ambitious crossover event in history. We can’t quite make the same claim, but at Wood Mackenzie’s 2025 Solar and Energy Storage Summit, we did reco...

30 Huhti 202539min

In uncertain times, is a greater reliance on battery storage what’s needed? And how can developers better prepare for it? | Recorded live at Wood Mackenzie’s Solar & Energy Storage Summit

In uncertain times, is a greater reliance on battery storage what’s needed? And how can developers better prepare for it? | Recorded live at Wood Mackenzie’s Solar & Energy Storage Summit

Wood Mackenzie’s 18th Solar and Energy Storage summit is back, in Denver this week. If you can’t make it, don’t worry – we have all the debate and key insight you need to know here on the podcast. Rec...

25 Huhti 202536min

Solar and energy storage experts debate the current market: what have we seen in the first quarter of 2025?

Solar and energy storage experts debate the current market: what have we seen in the first quarter of 2025?

Wood Mackenzie’s 18th Solar and Energy Storage summit is back, in Denver this week. If you can’t make it, don’t worry – we have all the debate and key insight you need to know here on the podcast.Reco...

24 Huhti 202550min

It’s uncertain times in solar and storage. How can we use smarter grid optimisation to give developers some assurance? | Recorded live at SESS 2025

It’s uncertain times in solar and storage. How can we use smarter grid optimisation to give developers some assurance? | Recorded live at SESS 2025

Over the past couple of years unprecedented low prices for solar panels have spurred incredible growth. But there’s a big shift underway. In this special episode of the show, recorded live from the st...

24 Huhti 202528min

Are current legal frameworks too restrictive for CCUS projects? What permitting and tax credit reform needs to happen to make things easier?

Are current legal frameworks too restrictive for CCUS projects? What permitting and tax credit reform needs to happen to make things easier?

“If you don't think in 15 years that we're going to value decarbonisation, or if you're worried about the 45Q, it's pretty tough to write that multi-billion dollar cheque,” says Peter Findlay, Directo...

8 Huhti 202546min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
hyva-paha-johtaminen
rss-rahamania
ostan-asuntoja-podcast
herrasmieshakkerit
rss-tarkeista-asioista-2
rss-sami-miettinen-neuvottelija
rahapuhetta
rss-lahtijat
rss-rentotapaus
rss-sisalto-kuntoon
rss-seuraava-potilas
pomojen-suusta
sijoituspodi
rss-muutoksenanatomiaa-podcast
rss-uppoava-vn-laiva
rss-tyoelaman-timantteja