Unlocking the Potential of Demand-Side Flexibility

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Recording of Wednesday, June 14, 2023 | The smarter E Europe| Exhibition Program | Language: Deutsch | Duration: 13:16 .

Viktor Persson
Strategy & Business Development - Flexibility Services
Siemens AG
Schweden

In the future electricity system, more flexibility is needed to integrate the increasing feed-in of renewable energies and simultaneously increasing the use of electricity. Making demand more flexible is a crucial pillar of the future electricity supply. By balancing supply and demand, the need for controllable power plants to secure supply can be significantly reduced, while at the same time making better use of weather-dependent generation from PV and wind plants. The flexibility of large industrial consumers could be activated quickly and cost-effectively. The potential of households will increase rapidly in the next few years due to electromobility and the increased use of heat pumps. New players such as storage operators or hydrogen electrolysers will enter the market. How can this flexibility potential be tapped quickly, effectively and efficiently? The session at the EM Power Forum will provide answers to these questions.

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