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Expert in energy, electricity, renewables, and markets

🔌⚡ Grid Upgrades: What Lies Ahead? ⚡🔌 In my previous post, I delved into the reasons driving the imperative need for massive investments in our electricity grid infrastructure (No #transition without #transmission!). Today, let's explore what the future holds in my opinion. In a nutshell: 1️⃣ Challenges on the Road to Grid Upgrades Large-scale infrastructure projects demand time for planning, permitting processes, and finally, the actual construction. The specter of local opposition (#nimby) often looms, and it's nearly inevitable. This resistance could, in turn, lead to unforeseen cost escalations and timeline overruns. 2️⃣ The Accelerated Adoption of "Transition Technologies" "Transition technologies" such as #solar, #heatpumps, and #electricvehicles are poised for rapid adoption. But will our grid be ready to keep pace with this accelerating transition? I anticipate an uptick in grid congestion as these technologies outpace infrastructure upgrades, prompting calls for the division of bidding zones to alleviate the pressure. 3️⃣ The Financial Equation: Grid Fees and Government Intervention The question of funding looms large. Upgrading our grid comes at a cost, and it's likely that grid fees will see an increase. Or would we see direct governmental involvement to ensure a smoother transition? The journey ahead for our electricity grid is undoubtedly complex, but it's a journey we must embark upon for a sustainable energy future. What are your thoughts on these evolving dynamics? Let's keep the conversation going. 💡🌍 #EnergyFuture #Infrastructure #GridUpgrades Check out the post here. https://lnkd.in/eQHFd6sM

Grid Upgrade - Part 2: what lies ahead

Grid Upgrade - Part 2: what lies ahead

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