Recording of Wednesday, May 07, 2025 | The smarter E Europe | Conference Program | Language: English | Duration: 10:27 .
During a presentation, Cecilie addressed questions regarding energy storage systems and their integration with renewable sources. Jake Iverson from Redox One inquired about the optimal charge-discharge duration for co-located storage assets, to which Cecilie responded that it varies based on market applications but noted a general trend towards two-hour durations. She highlighted global targets set by the IEA and COP29 for short-duration (1.5 terawatts by 2030) and long-duration (5 terawatts by 2040) energy storage. Philip from BKV Infra Service asked about integrating battery storage with wind farms concerning grid connections. The discussion revealed that while solar projects have predictable patterns like the duck curve, wind projects offer more consistent supply over time but are site-specific due to varying production profiles. The conversation also touched upon challenges faced in predicting future trends due to policy shifts like IRA tax credits affecting US markets' stability. Despite uncertainties impacting investor confidence, opportunities exist as standalone storages become saturated; co-located solutions can leverage complementary strengths of renewables and participate actively in power markets. Panelists concluded with reflections on optimizing grid resources and reducing total system costs through hybrid PPAs.
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Rebecca McManus
Research Associate
Aurora Energy Research
Germany
Cecilie Kristiansen
Research Associate
Wood Mackenzie
United Kingdom
Ulrike Gunnemann
Head of Storage & Hybrids
BayWa r.e. AG
Germany
Bruce Douglas
CEO
Global Renewables Alliance
Belgium
Grid congestion, curtailment and increasing occurrence of negative electricity prices have spread across Europe as the growth of intermittent renewables has reached significant levels and continues to grow.A key to solving these challenges lies in flexibility. Hybrid PV power plants -which combine solar with wind and storage - are emerging as a critical solution for both existing and new projects. This session will explore the market potential, framework conditions, and outlook for hybrid solar-based energy systems in Europe. This session will provide: Key drivers for hybrid solar plant development in Europe Challenges and opportunities for project implementation Policy frameworks supporting solar-based hybrid power plants in the EU Market outlook for hybrid PV power plants.
Further Talks of this session:
Speaker
Bruce Douglas
CEO
Global Renewables Alliance
Belgium
Speaker
Carlos Perez Linkenheil
Head of Market Analysis Germany
AFRY Management Consulting
Germany
Video is not available.
Speaker
Ulrike Gunnemann
Head of Storage & Hybrids
BayWa r.e. AG
Germany
Speaker
Rebecca McManus
Research Associate
Aurora Energy Research
Germany
Speaker
Cecilie Kristiansen
Research Associate
Wood Mackenzie
United Kingdom