Decarbonization of the energy sector will only become a reality when renewable energy plants will be able to sell energy throughout the day, said Răzvan Rădulescu, CEO Software Media WEBUS 4 ENERGY.
“Until a renewable power plant can sell energy throughout the day, nothing can be decarbonized. During the day we have no one to sell energy to, let’s be honest,” he said at the Energy Strategy Summit 2024, organized by Energynomics.
In this context, energy storage units can play a crucial role, especially as they also benefit from EU financial support. They can help to balance energy flows and ensure a constant supply even when production fluctuates.
Rădulescu said that there are enough tools available today to control imbalances in the energy system, the flow of energy and thus producers’ revenues.
“One of these problems is when the imbalance goes into surplus, and that happens when a power plant produces more energy than it should, because the forecasts are purely informative,” he explained.
In order to manage these imbalances, generators’ business decisions need to be made on the day of energy delivery, and for this it is essential that they are very well informed.
“Those imbalances can be solved if producers are less greedy and can let the price down a bit,” he concluded.
Energy Strategy Summit 2024 was organized by Energynomics, with support from our partners: ABB, ADC, Alive Capital, BayWa r.e, BCR, Best Tools Company, CRC Energy, Distribuție Energie Electrica Romania, DRI, Eaton Electric, Electrica Furnizare, Elektra Renewable Support, EnergoBit, Energo Power, Enevo Group, Evryo, Exim Banca Românească, Hidroelectrica, Horvath, Huawei, Jinko Solar, Keno Energy, MET România Energy, Nofar Energy, Nuclearelectrica, OX2, Photomate, PNE, Polytrade, Renomia Gallagher, Romgaz, Schneider Electric, SolaX Power, TDP Partners, ThinkBlu Solution, Transelectrica, Vertis, WALDEVAR Energy. With the support of Alexandrion Group, Mobexpert.
Strategic partners: ACUE, AFEER, AIIR, AHK România, ARPEE, CNR-CME, CRE, EFdeN, EPG, HENRO, FPPG, PATRES, ROMATOM, RPIA, RWEA, SAMER.
Parteneri media: CISOLAR, The Voice of Renewables