With digitalisation and decentralisation becoming more widespread in the energy sector, cyber attacks are on the rise. As a global company with expertise in operational technology, Siemens is well placed to deliver cyber security solutions to the industry.
Financial problems are said to be looming for the Southern Gas Corridor, according to a recent report.
Recognising the potential of storage, the US Federal Energy Regulatory Commission and a number of states throughout the country have recently taken steps to promote the technology. The success or failure of these programmes may inform the decisions of other regulators as they formulate their own policies.
Although the current market outlook for gas fired generation is at a low in Europe, generators can help themselves by valuing their flexibility and adjusting their trade strategies in a market increasingly dominated by renewables.
A wind-battery storage hybrid system being installed at the Burbo Bank offshore wind farm is expected to pave the way for rapid frequency response services to ensure grid stability. This kind of development comes in the face of a dramatic fall in system inertia as thermal energy is phased out and replaced by variable renewables.
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