Fuelling the transition

Northern Ireland is currently developing a new energy strategy which is expected to address the policy and governance vacuum of recent years and put the country firmly on track to increase its significant contribution to the decarbonisation transition.

Last week AFRY Management Consulting and RenewableNI released a report which considered various options for a new renewables support mechanism that may be appropriate for Northern Ireland in order to reach its potential 2030 targets.

In this episode Steven Agnew, Head of RenewableNI, and Andy Kelly, Senior Principal at AFRY Management Consulting, join us to talk about how the power of renewables can be further utilised to deliver Northern Ireland’s decarbonisation targets in 2030 and beyond.

Read the full report: https://afry.com/en/insight/power-renewables-northern-ireland

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For the season finale of Fuelling the transition we are joined by Stephen Woodhouse, Director at AFRY Management Consulting. With over twenty years of experience in the energy business, Stephen specialises in changing energy markets, market design and the strategic response of commercial players.

AFRY recently brought together market participants from a range of industry players to look at the proposed market design changes occurring in Great Britain. Initially looking at different aspects of market design and how a move to a centralised locational market could potentially happen, the scope was expanded after the REMA consultation. No longer looking at the formation of prices in the spot market and the extent to which we co-optimise with location systems and ancillary services, the project’s scope broadened. A range of issues from the REMA consultation were explored, including how energy could be traded separately from green energy, the possibility of split markets for these services, and the form of support available for capacity and renewable generation.

Listen to the latest episode as Stephen explores the key messages from the REMA consultation, his view on marginal pricing in electricity markets, and the potential for more flexible demand on the system.

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European energy markets are currently experiencing a level of disruption arguably unparalleled in any industry. With the growth of renewables, batteries, electrolysers and electrification, there is massive change already taking place and going out to 2030 and beyond.

Investors need to make decisions with a clear knowledge of the range of uncertainty that therefore exists. James Cox leads the Market Analysis Service Line at AFRY Management Consulting and joins us in this episode to predict the future of electricity markets in Europe, even giving us a hint of where he would put his own money...!

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How do we decarbonise industrial heat? Could thermal batteries be part of a potential solution?

In this episode of Fuelling the transition, Matt Brown and Alex Blanckley, Principal at AFRY Management Consulting, are joined by Tamsin Lishman, Chief Revenue Officer at EnergyNest. Founded in 2011, EnergyNest have developed an innovative thermal battery technology capable of providing 24/7 green, reliable and cost-effective steam to industry.

Exploring topics surrounding thermal batteries and decarbonisation, they discuss whether decarbonising heat is as difficult as commonly thought, the future of decarbonisation in the industrial sector, and the impact of the ongoing gas crisis on the industrial sector.

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In this episode of Fuelling the transition, we are joined by Nick Eyre, Professor of Energy and Climate Policy at the Environmental Change Institute, University of Oxford. Director of the Centre for Research into Energy Demand Solutions, Nick’s role entails looking into energy use, energy demand and energy efficiency. He is also an acting Co-Director of the University of Oxford's new Zero Institute, which aims to accelerate the transition to a zero-carbon energy system.

In addition to Nick, Matt is joined by Bettina Wittneben, Sustainability Lead UK, at AFRY Management Consulting to discuss a range of topics concerning energy demand, including:

-) The drivers and policies that are driving energy demand in the UK

-) The approaches to lowering energy demand for heating and cooling, and whether heat pumps and hydrogen could provide potential solutions

-) The different approaches to handling increased energy and commodity prices

-) How Nick thinks the government should help with energy bills in the UK's cost of living crisis

-) The potential of new solutions to respond to increased energy demand

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