Green Energy Market to Advance with New Tool to help Create Sustainable Energy Systems
Posted On October 05, 2021
Extreme climate events in Pacific Northwest and Texas provide an early warning of the events that might follow soon. Outages have occurred over the last few years due to Texas's low temperatures and wildfire risks in Oregon and California. Such incidents show that money and lives would be at high risk when people do not receive electricity from energy-decision makers. Further, even if power grids are operating, their individual capacity of producing electricity would still be reduced with the strain placed on generating equipment due to the high extremes within the climate.
Recently a research team has created a tool to facilitate electrical grid-planners design sustainable systems, thus, providing consumers dependable and cost-efficient energy. The tool would be a significant contribution to Green Energy Market. It gives a detailed analysis of climate changes' impact on private grids and methods to ensure the manufacturers do not entail the societal costs over the coming years.
The present study was focused mainly on the factors associated with the southern United States. Nonetheless, similar issues are prevalent in several regions across the U.S. Researchers showcased that adapting to climate change is not a significant driver in the sector. On the other hand, if adaptations are not made as per climate changes, it could lead to increased costs and other societal impacts.
The team stated that as per research, overall electricity demand across the U.S. is set to rise. Further, the increase in demand during summer will intensify disproportionately. Increases in the size of demand peaks and increased demand will result in the want of increased generation capacity. However, increased demand is not the sole factor relevant in terms of recent events. Environmental extremes directly linked to climate change may also harm energy infrastructure. It can also push equipment past its safe operation limits, forcing manufacturers to close it down temporarily.
There have been prior attempts in the power sector to address this problem. The current team's model examines the consequences of demand - and supply-side climate impacts on planning decisions and operational challenges while concurrently accounting for demand- and supply-side climate impacts. This is why the team is highly interested in accumulating all necessary tools to empower decision-makers responsible for building, managing, and regulating energy systems.
It is no secret that climate impacts harm power systems. However, the changes submitted by the researchers are highly relevant, which may even support carbon emissions reductions.