Balancing the Grid: Lessons from the Transition to Renewable Energy Sources in 2024

Date:

Trending

Grid Balancing holds the key to ensuring a seamless transition to renewable energy without disrupting the existing lines, networks, and power infrastructure.

- Advertisement -

The installation of renewable energy projects is rising at an exponential pace. In 2023, global green energy output reached 440 GW, translating into the largest absolute annual increase of 107 GW.

While this swift expansion on the green energy front is commendable, it has resulted in significant challenges for existing infrastructures of power grids and their overall operational management. From integration complexities to managing transition and security, grid operators are contending with a range of critical challenges related to the integration of renewable sources with conventional systems.

So how to overcome these challenges, well, here is an exhaustive list of lessons that can be employed in 2024 to power the expansion of renewable energy to the next level:

Use Forecasting Models Variability is a critical issue associated with renewable sources. Owing to the dependence on weather and climatic conditions, the supply of energy from renewable sources is largely fluctuating and intermittent.

This presents a challenge for grid operators to maintain a constant supply of power amidst constantly changing supply and demand dynamics With the share of green electricity expected to reach 62% globally by 2050, this challenge of unpredictability will acquire proportions of even greater concerns.

To address this issue, power grids must start investing in forecasting models that can help them manage grid imbalances and ensure an uninterrupted supply of energy. Technologies such as AI, ML, and Big Data Analytics can be used to enhance the accuracy of forecasting models, making them more dependable in terms of predicting the complexities of constantly changing supply and demand dynamics.

Apply the distributed approach of a report by the International Energy Agency (IEA) investment required to modernize grids severely lags behind the growth in renewable energy sources. This means the integration of green energy with existing grids will lead to significant losses in transmitting energy – especially over long-distance distribution.

- Advertisement -

Ageing power grids are also susceptible to mechanical failures and might necessitate the installation of new power lines. To overcome all these challenges, a distributed approach to the generation and consumption of renewable electricity can be adopted at a large scale.

Rather than having a central grid system to store, supply, and manage integration needs, several independent distribution systems can be developed that will help reduce the loads on the central grid while minimizing the losses associated with the distribution of energy over long distances.

This approach will also reduce the vulnerability associated with the blackout arising from the failure of the main grid due to sudden mechanical failure or cyber-attack.

Implement a Bi-directional Approach as the name suggests, the bi-directional principle allows the flow of electricity in two opposite directions.

The approach is especially significant in integrating renewable energy as it equips the grids with enhanced flexibility and allows for managing supply-demand dynamics on a real-time basis.

The bi-directional flow can be achieved with the help of several means including backup storage systems, solar panels, mechanical flywheels, etc. The efficacy of the bi-directional flow can be enhanced with the help of data analytics which further ensures optimizing grids concerning specific demands of regions.

Enforce Security Strategies with digitalization taking center stage, the safety and security of the power grids are emerging as a serious concern for all stakeholders in the energy sector. To effectively protect grids against these vulnerabilities, operators can rely on distributing the entire load of the grid over several small microgrids.

Further, the use of encrypted data, multi-factor authentication, and blockchain can help to keep the power grids from hacking attempts. Moreover, adopting a hybrid storage approach of partly storing data on the cloud and on-premises can also help grids keep security threats at bay.

- Advertisement -

Build Virtual Plants an integration of offshore renewable projects with the main power grids is a significant challenge and by creating virtual power plants, the issue can be solved with the desired efficiency and effectiveness.

These software-based plants can act as central controlling units and manage entire operations of combining, distributing, and controlling power from different units. These virtual plants can also aid main grids in enhancing performance, net metering, and transfer of extra power for meeting the constantly changing supply-demand dynamics.

While there are many challenges that power grids face in the integration of renewable energy resources, these issues can be solved by using a holistic, coordinated, and collaborated approach among stakeholders of the energy ecosystem. The strategies mentioned above can prove instrumental in achieving the optimum integration and help grids emerge as more dynamic, vibrant, and reliable sources of energy collection, distribution, and transmission among others.

THE SNAPSHOTS, IN YOUR INBOX

Get quick snaps of everyday happening, directly in your inbox.

We don’t spam! Read our privacy policy for more info.

Support our independent journalism PayPal (Outside India) For PayU (For Indian Readers).

Dr Shambhu Sajith
Dr Shambhu Sajith
Dr Shambhu Sajith, Assistant Professor, UPES ON

More Latest Stories

More Articles

Pokarna Engineered Stone Limited Commits Rs 440 Crores for New Bretonstone Line

Pokarna Engineered Stone Limited (PESL) said on Tuesday it will invest Rs. 440 crore to expand production capabilities at its Mekaguda facility in Telangana....

Coinbase launches COIN50 Index To Track Top 50 Cryptos On its Exchange

Leading crypto trading platform Coinbase on Tuesday announced the launch of the Coinbase 50 Index (COIN50), a regulated cryptocurrency benchmark designed to provide transparent and reliable exposure to the crypto market. Developed in partnership with Coinbase Asset Management and Market Vector Indexes, the new index...

Donald Trump To Shut Department of Education; Plans To Shift Responsibilities To States

President-elect Donald Trump announced on Monday that his administration intends to close the Department...

The Trump Effect: Crypto Market Hits $3 Trillion Market Cap; Bitcoin Surges $87K, While Ethereum Stood At $3k

Following Donald Trump's presidential election victory, the cryptocurrency market surged, reaching a whopping $3.02...
00:04:07

Protests Erupts in Valencia Over Deadly Floods in Eastern Spain

Over ten thousand people took to the streets of Valencia to protest against the...

UltraverseNFT Launches Sandalwood backed NFT for Eco-Conscious Investors

UltraverseNFT is proud to introduce its groundbreaking Sandalwood NFTs, designed to redefine eco-conscious investments...

4 Key Ways Robotics May Change Warehouse Operations by 2030

The landscape of warehouse operations is poised for significant transformation by 2030 with the...

VIDEO: Israeli PM Netanyahu Visits Lebanese Border, Promises Strong Action Against Hezbollah

During a recent visit to the Lebanese border, Israel's Prime Minister Benjamin Netanyahu highlighted...
00:01:10

Tom Homan Old Video Goes Viral, After Donald Trump Taps Him As Border Czar

An old video of Tom Homan, former acting head of US Immigration and Customs Enforcement (ICE), went viral on social media after President-Elect Donald...

“I Will End the War in Gaza,” Kamala Harris to Arab American Community

In a final bid to win over Arab American voters in the closing stages...

FULL SPEECH: Cardi B Addresses Kamala Harris Rally In Wisconsin

Singer Cardi B addressed a rally in Milwaukee, Wisconsin, showing her support for presidential...

Customer Sentiment Analysis in Retail Banking: Leveraging Speech Analytics for Deeper Insights

Jeff Bezos, the Founder of Amazon, famously stated, “It is not the customer’s job...
00:03:45

US President Biden Apologies To Native Indians For Horrific Boarding School Policy

During a visit to the Gila River Indian Community in Arizona, President Joe Biden...
00:00:25

Kriya: PM Netanyahu Closely Monitors ‘Military Operations’ On Iran

The Israeli Prime Minister's Office has released a new video showing Prime Minister Benjamin Netanyahu and Defense Minister Yoav Gallant closely monitoring the ongoing...

Iran Should Not Respond To Israeli Attack: UK PM Keir Starmer

The United Kingdom's Prime Minister Keir Starmer has requested Iran to avoid retaliation after Israel conducted airstrikes on several military sites in Tehran overnight. Speaking at the press conference in Samoa, the prime minister said, "Israel has the right to defend itself against Iranian aggression....

APP Reviews: Bengali Betting Sites

Recognizing the increasing demand for an exhilarating and convenient gambling experience in the Bengali...

Interactive Learning: Elevating Concept Clarity Through Online Education

In today’s digital age, virtual learning has taken center stage, with live online lessons...
00:00:21

‘Not Our King’ Australian Politician Lidia Thorpe Heckled King Charles

Following King Charles' keynote speech in the Australian parliament, Senator Lidia Thorpe accused the...
00:00:00

Live: UN Security Council Meeting on Russia Ukraine Security

The members of the United Nations Security Council met on Monday to discuss the...

Rethinking IT Infrastructure in the AI era

The IT infrastructure landscape is undergoing significant changes in the AI era. Adopting AI...

TechGraph Introduces New Rates for Press Releases and SEO Articles

TechGraph has announced a new pricing structure for businesses looking to publish press releases...

Leveraging AI in Press Release Distribution: The Future of PR

Over the years the field of Public Relations (PR) has undergone significant transformation with...

Identifying the Key Loopholes in the Current Digital Wallets

Digital wallets have evolved to meet the demands of decentralized solutions built with blockchain...

A Connected GRC Approach is a Strategic Imperative for Modern Businesses

The approach to implementing GRC is rapidly evolving globally. The reason? Adapting to today’s...

Customer Sentiment Analysis in Retail Banking: Leveraging Speech Analytics for Deeper Insights

Jeff Bezos, the Founder of Amazon, famously stated, “It is not the customer’s job...

Vehant Technologies’ Shailendra Kumar Singh On Leveraging AI To Tackle India’s Traffic Challenges

During an interview with our editorial team, Shailendra Kumar Singh, Business Unit Head ,...

United Nations Security Council Holds Meeting On Israel Middle East Situation

UN LIVE: Members of the United Nations Security Council meet to discuss the Israel...

TVS Motor Achieves Highest Ever Revenue and Profits in Q2

TVS Motor Company posts highest ever operating revenue of Rs. 9,228 Crores registering a...
00:00:00

Live From Parliament: UK Deputy PM Angela Rayner takes PMQs

London News: The United Kingdom (UK) deputy prime minister Angela Rayner takes questions from...
00:03:45

US President Biden Apologies To Native Indians For Horrific Boarding School Policy

During a visit to the Gila River Indian Community in Arizona, President Joe Biden...

Identifying the Key Loopholes in the Current Digital Wallets

Digital wallets have evolved to meet the demands of decentralized solutions built with blockchain...

Serhii Tokarev’s Strategies for Improving Math Education in Ukraine

Mathematics is essential in many areas of life, from technology and space exploration to...

A Connected GRC Approach is a Strategic Imperative for Modern Businesses

The approach to implementing GRC is rapidly evolving globally. The reason? Adapting to today’s...