It’s not enough to increase electricity generation from renewable energies; we also need the appropriate grid infrastructure to transport this electricity to where it can be consumed.
By Hauke Jürgensen, Senior Vice President High-Voltage Grids at Siemens Energy
Grid connections across Sub-Saharan Africa and South Asia have expanded in recent years to improve energy access, but increasing electrification is only part of the picture. Households and businesses connected to the grid often have an unreliable electricity supply, limiting the benefits. Problems are generally related to the capacity and quality of electricity systems, but a lack of financial resources makes it difficult for utilities to rectify them.
Vietnam plans to invest $10-11.5 billion a year between 2021 and 2030 on electricity generation and transmission, according to the latest draft Power Development Master Plan VIII.
It has been announced that Iranian manufacturers will invest nearly $7 billion over the next three years to build new power plants to respond to the country’s growing demand for electricity.
Hitachi ABB Power will lead a consortium that has been awarded a major contract from the Saudi Electricity Company and the Egyptian Electricity Transmission Company for the first ever large-scale HVDC interconnection in the Middle East and North Africa.
Ecuador’s government has announced that it will grant concessions for private companies to build and operate power generation plants and a new transmission system for the oil sector.
As renewable energy sources play an increasing role in delivering our power needs, strict grid compliance and demand - supply issues have become a greater challenge, we look at the critical role of virtualization in addressing this. How can digital twins and virtual power plants be harnessed to help optimize multiple energy sources, maintain grid stability, and minimise energy wastage?
By Bernhard Loher, ABB Energy Industries.
Joao Baptista Borges, Angola’s Minister of Energy and Water, has announced that the country will invest $600 million in 2022 to increase electricity capacity in the southern region.
Ireland’s national grid operator Eirgrid has announced that it will seek bids from electricity suppliers to build new power plants in the country.
The Electricity Generating Authority of Thailand (Egat) has said that it plans to import an additional 1200 MW from hydroelectric plants in Laos under a long-term power purchase contract.