Part 4/6:
- Current phase: The energy transition enters a new phase as renewable energy sources like solar and wind reach 20% of total electricity production. This introduces the challenge of matching demand to the more variable supply, leading to the age of "smart energy" and the need for more flexible demand management.
The Challenges of the Third Phase
The third phase of the energy transition brings new challenges, including:
Data and Complexity: Calculating net consumption, total costs, and the true "greenness" of energy supply becomes increasingly complex, with thousands of data points required.
Risk Management: Managing a diversified portfolio of energy contracts, including PPAs, requires new approaches to risk management and accounting.