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	<title>Sustainable Energy | Future Markets Magazine</title>
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	<title>Sustainable Energy | Future Markets Magazine</title>
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	<item>
		<title>Interview with Andrej Orel, EBV Elektronik</title>
		<link>https://future-markets-magazine.com/en/innovators-en/interview-with-andrej-orel-ebv/</link>
		
		<dc:creator><![CDATA[The Quintessence]]></dc:creator>
		<pubDate>Tue, 23 Nov 2021 15:02:55 +0000</pubDate>
				<category><![CDATA[Current Edition]]></category>
		<category><![CDATA[Innovators]]></category>
		<category><![CDATA[Sustainable Energy]]></category>
		<category><![CDATA[Andrej Orel]]></category>
		<category><![CDATA[carbon footprint]]></category>
		<category><![CDATA[CO2-Fußabdruck]]></category>
		<category><![CDATA[Digitalisation]]></category>
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		<category><![CDATA[renewables]]></category>
		<category><![CDATA[Segment Manager City & Infrastructure]]></category>
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		<guid isPermaLink="false">https://future-markets-magazine.com/?p=10146</guid>

					<description><![CDATA[<p>Andrej Orel from EBV explains the role semiconductors play in the energy transition and how&#8230;</p>
<p>The post <a href="https://future-markets-magazine.com/en/innovators-en/interview-with-andrej-orel-ebv/">Interview with Andrej Orel, EBV Elektronik</a> appeared first on <a href="https://future-markets-magazine.com/en/">Future Markets Magazine</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>Andrej Orel from EBV explains the role semiconductors play in the energy transition and how EBV as a distributor helps companies develop solutions for this exciting market.</strong></p>
<p>The shift towards sustainable energy will have a significant impact on the value chains in the energy industry and will cause the market for green products and sustainable services to boom. As Europe&rsquo;s leading semiconductor distributor, EBV helps its customers to successfully develop solutions for this exciting market with new ideas and trends. About ten years remain to transform all segments of the economy and cut emissions by half. &ldquo;One of the biggest challenges mankind has ever faced,&rdquo; says Andrej Orel, Segment Manager City &amp; Infrastructure at EBV.</p>
<p><strong>What know-how does EBV have as a distributor in the sustainable energy field? </strong></p>
<p><strong>Andrej Orel: </strong>With our vertical market segment structure, we are able to scan market trends and needs and find matching solutions with the best available technologies. Traditionally, we have been involved with power electronics in wind turbines and photovoltaic inverters. Over the past 30 years, we have worked closely with our metering customers to help them transition to the new <a href="https://future-markets-magazine.com/en/encyclopedia/smart-grid/" target="_blank" title="An intelligent power grid" class="encyclopedia">smart grid</a> infrastructure. These are the foundations of the coming energy transition, which will be able to meet the challenges of growing demand for e-mobility, battery storage and other energy ecosystems.</p>
<p><strong>Does EBV itself use sustainable energy sources?</strong></p>
<p><strong>A.O.: </strong>In fact, we use sustainable energies in various areas: for example, our buildings are heated by district heating supplied by the combined heat and power plant at the technology park. For cooling, we have activated groundwater, and the required circulation pump &ndash; like all our buildings in Germany&nbsp;&ndash; is powered by 100 per cent green electricity. Our vehicle fleet &ndash; more than 120 vehicles &ndash; also consists mainly of hybrid vehicles, and the first fully electric cars have already been ordered. We are already operating 26 electric charging stations with 35&#8200;charging points at our Poing site. A further 20&#8200;stations are planned for our sales offices.</p>
<p><strong>What role does semiconductor technology play in sustainable energy? </strong></p>
<p><strong>A.O.:</strong> The share of semiconductors within the sustainable energy sector is growing year by year. The main role is actually connecting different energy ecosystems in order to increase efficiency and longevity. The price of semiconductor technology is supporting this trend in the long run. In the last ten years, for example, the price of solar has fallen by 80 to 90 per cent, while the price of wind farms has fallen between 55 and 60 per cent. Besides that, fastgrowing innovations in the field of <a href="https://future-markets-magazine.com/en/encyclopedia/iot/" target="_blank" title="Internet of Things" class="encyclopedia">IoT</a> technologies are gaining momentum and accelerating growth in certain areas of the energy transition, such as connectivity and security.</p>
<p><strong>Is the transition to sustainable energy &dagger;sources conceivable without digitalisation? </strong></p>
<p><strong>A.O.:</strong> Digitisation goes hand in hand with the evolution of a sustainable energy supply. In addition, government initiatives for the energy transition will accelerate growth and encourage new companies to embark on ambitious projects. Right now, we are seeing various IT companies moving more and more into new projects for carbon capture and hydrogen technologies.</p>
<p><strong>Who are your potential customers in this field? </strong></p>
<p><strong>A.O.:</strong> The energy transition is an attractive growth market for many of our customers. Starting with our traditional <a href="https://future-markets-magazine.com/en/encyclopedia/smart-grid/" target="_blank" title="An intelligent power grid" class="encyclopedia">smart grid</a> customers to new entrants in the sector of EV charging stations as an example. Government initiatives, regulations and various incentives in Europe, which is leading the energy transition, will influence future decision makers and generate new projects and innovations, including AI. We at EBV are ready to play our part in achieving CO<sub>2</sub>-neutral targets in this transition phase, for any scenario and even for &ldquo;non-traditional&rdquo; customer approaches.</p>
<p><strong>In what areas of the energy landscape do you see particular potential for EBV? </strong></p>
<p><strong>A.O.:</strong> The potential is enormous. Let&rsquo;s look at the energy sector broadly: We&rsquo;re dealing with an ecosystem with numerous chargers that can transport electricity in both directions. We have on-site storage and electricity from the grid. So we need to interface with electricity meters and other <a href="https://future-markets-magazine.com/en/encyclopedia/smart-grid/" target="_blank" title="An intelligent power grid" class="encyclopedia">smart grid</a> devices. In addition to upgrading the energy infrastructure, we also need to look at the local area of homes, battery storage systems for homes, future vehicles that support V2G (vehicle to the grid) and are used as grid buffers for excess renewable energy. Future grid-balanced edge computing nodes and <a href="https://future-markets-magazine.com/en/encyclopedia/cloud/" target="_blank" title="Provision of IT resources over the Internet on demand, billed according to actual usage." class="encyclopedia">cloud</a>-based infrastructure will make the grid much more predictable, and there will be plenty of room for attractive financial incentives. We just need to find a way to connect all these ecosystems so they work as one.</p>
<p><strong>Power plant operators and oil companies are now trying to gain a foothold in the sustainable energy sector. How can you help those companies to switch to the applicable energy sources? </strong></p>
<p><strong>A.O.:</strong> Once, the business model of oil and gas companies was in fuel supply. But today, major oil companies are making acquisitions in the traditional electricity sector, which includes production, distribution and supply, to develop renewable energy sources. The focus is on the &ldquo;customer touch point&rdquo; in the value chain, particularly in the development of infrastructure for electric mobility. EBV&rsquo;s experience is in technology and solution-oriented sales with quick adaptation to new trends and project requirements. This is our DNA.</p>
<p><strong>How important is energy efficiency in this context, and what can the semiconductor industry contribute? </strong></p>
<p><strong>A.O.:</strong> Efficiency means differentiation. In the energy sector, it is even more valuable because it can be interpreted from different angles. An example from the perspective of semiconductor technology: wide-bandgap technology in the energy sector enables operation at higher temperatures and higher frequencies. This means faster switching speeds and lower losses, leading to higher efficiency. Another topic is the global <a href="https://future-markets-magazine.com/en/encyclopedia/iot/" target="_blank" title="Internet of Things" class="encyclopedia">IoT</a>, because the efficiency of the energy ecosystem is closely linked to the security of data transmission. Real-time monitoring is essential for an effective grid balancing in the future, while at the same time user data must be protected to ensure a satisfying user experience. This is where semiconductors will play a key role now and in the future.</p>
<p><strong>Sustainable energy and reductions in CO<sub>2</sub> emissions go hand in hand. What is EBV doing as a company to reduce its carbon footprint? </strong></p>
<p><strong>A.O.:</strong> EBV has a long history of caring for the environment. In 2008, we set up the ECOmiseIT&trade; project and have implemented dozens of tangible activities and green investments since then. In 2009 EBV was honored by the &lsquo;Bundesdeutscher Arbeitskreis f&uuml;r Umweltbewusstes Management&rsquo; (B.A.U.M.) e.V. as one of the most environmentally friendly offices in Germany. Aspects such as paper consumption or the energy requirements of IT equipment were key assessment criteria &ndash; areas in which EBV already took comprehensive measures. This year, we&rsquo;re announcing a new initiative designed to raise awareness among our staff and partners about the protection of bees. Further actions will follow over the course of the next few months.</p>
<p>EBV currently promotes itself with the claim &ldquo;Passion for Technology&rdquo;. We are continuously looking for creative ways to use technologies in an environmentally friendly way and always invite our partners to accompany and support us on this journey.</p>
<p><strong>What is your view of the future? What can each of us do to make the energy landscape more sustainable? </strong></p>
<p><strong>A.O.:</strong> Energy plays an important role in our daily lives. We therefore need to make sustainable energy affordable for everyone. If the technology is green from the point of view of production and use &ndash; or at least greener than the previous one &ndash; then we will succeed in mastering this challenge, which I described at the beginning as the greatest challenge humanity has faced so far.</p>
<p>&nbsp;</p>
<p>The post <a href="https://future-markets-magazine.com/en/innovators-en/interview-with-andrej-orel-ebv/">Interview with Andrej Orel, EBV Elektronik</a> appeared first on <a href="https://future-markets-magazine.com/en/">Future Markets Magazine</a>.</p>
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		<title>Father of the lithium-ion battery</title>
		<link>https://future-markets-magazine.com/en/innovators-en/father-of-the-lithium-ion-battery/</link>
		
		<dc:creator><![CDATA[The Quintessence]]></dc:creator>
		<pubDate>Wed, 17 Nov 2021 13:31:31 +0000</pubDate>
				<category><![CDATA[Innovators]]></category>
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		<category><![CDATA[fossil fuels]]></category>
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		<category><![CDATA[John B. Goodenough]]></category>
		<category><![CDATA[Lithium-ion battery]]></category>
		<category><![CDATA[Lithium-Ionen-Batterie]]></category>
		<category><![CDATA[nachhaltige Energie]]></category>
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		<guid isPermaLink="false">https://future-markets-magazine.com/?p=9910</guid>

					<description><![CDATA[<p>There are not many people who can look back on 80 years of research. And&#8230;</p>
<p>The post <a href="https://future-markets-magazine.com/en/innovators-en/father-of-the-lithium-ion-battery/">Father of the lithium-ion battery</a> appeared first on <a href="https://future-markets-magazine.com/en/">Future Markets Magazine</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>There are not many people who can look back on 80 years of research. And even fewer still who have revolutionised people&rsquo;s lives with their work. John&nbsp;B.&nbsp;Goodenough, the father of the lithium-ion battery, is one of them. Even today, at the age of 99, he is still researching more sustainable alternatives for energy storage. He views the ability to engage in dialogue as a key skill for any successful scientist.</strong></p>
<p>They supply energy for smartphones and electric tools alike, and electromobility would be impossible without them: lithium-ion batteries. The&nbsp;Nobel&nbsp;Prize committee could attest to this as well: &ldquo;Lithium-ion batteries have revolutionised our lives since they first entered the market in 1991. They have laid the foundation of a wireless, fossil-fuel-free society, and are of the greatest benefit to humankind.&rdquo; This was the committee&rsquo;s justification for awarding the Nobel Prize for Chemistry to John B. Goodenough in 2019. Nowadays, he is heralded as one of the fathers of the lithium-ion battery together with M. Stanley Whittingham and Akira Yoshino, who received the award in Stockholm alongside him, and several others.</p>
<h2>A bumpy start for the father&nbsp;of the lithium-ion battery</h2>
<p>Goodenough identified and developed the crucial materials that supply the high energy density found in lithium-ion batteries. However, Goodenough had to overcome a number of early obstacles. Born in 1922 to American parents in Jena, Germany, Goodenough had to struggle with undiagnosed dyslexia at school. Back then, he explains, &ldquo;you were simply labelled a backward student&rdquo;. Nonetheless, he was determined to follow his older brother to boarding school. &ldquo;I taught myself to write so I could write the entrance exam,&rdquo; he explains. He was awarded a scholarship and took up a place at the Groton School in Massachusetts at the age of twelve. The strict, highly structured education did him good, he says, helping him gain admission to Yale in 1940.</p>
<h2>Science is an international language</h2>
<p>Goodenough had almost finished his degree in Mathematics when he was called up to active army service as a meteorologist in 1943. The Second World War would shape his later life, impressing upon him the drive to do something for the common good, and to do so by scientific means: &ldquo;I think that science is an international language and helps to build the relationships that are necessary to suppress the greed and stupidities that lead to war,&rdquo; as he puts it. After the war&rsquo;s end, he set about completing his doctorate in physics, starting his career in 1952 at MIT&rsquo;s Lincoln Laboratory, where his work laid the foundations for the random-access memory (RAM) used in computers. After leaving MIT, he gained a professorship and became head of the Inorganic Chemistry Laboratory at the University of Oxford.</p>
<h2>The lithium-ion battery is a joint effort</h2>
<p>It was during this period that Goodenough discovered lithium ions. He joined in with Whittingham&rsquo;s research and hypothesised that a battery&rsquo;s potential would be much greater if the cathode were made of a metal oxide, instead of a metal sulphide. After a systematic search, he was able to demonstrate in 1980 that cobalt oxide could be used to construct a battery with a potential of four volts. This was a major breakthrough, paving the way for batteries with much higher performance. In 1985, Akira Yoshino used Goodenough&rsquo;s cathode as a springboard to manufacturing the first commercially viable battery. For the anode, he used a material containing carbon, which can also accommodate lithium ions. This made it possible to develop a lightweight, hard-wearing battery that could be recharged hundreds of times.</p>
<h2>Be open to dialogue and enjoy what you do</h2>
<p>&ldquo;Every scientist is an individual and brings a different talent to the problem. But you have to be open to dialogue so that we can all benefit from one another&rsquo;s intuition,&rdquo; is the advice from Goodenough. He holds dialogue up as the key to all creativity. &ldquo;I suppose I do my best thinking when I am in dialogue with somebody about a problem,&rdquo; he explains. And his most important advice for being a successful scientist? Don&rsquo;t copy anything! &ldquo;Well, as I say, don&rsquo;t believe everything that you read and don&rsquo;t be afraid to think &ndash; and it is all right to understand what has gone before, but don&rsquo;t just rely on copying &ndash; develop your internal voice and your own internal means of interpreting.&rdquo;</p>
<p>This might take a different form for each person. One might be able to build devices well, while another might have a well-developed theoretical understanding, and others might have a certain kind of scientific intuition. Above all, however, we should enjoy what we do. &ldquo;Research is a demanding and sometimes frustrating profession,&rdquo; Goodenough explains.</p>
<div class="su-quote su-quote-style-default"><div class="su-quote-inner su-clearfix">Our society is still completely dependent on fossil fuels, and we&rsquo;ve got to find an alternative soon.</div></div>
<h2>Much remains to be done</h2>
<p>Regardless of the acclaim, he takes a thoroughly critical view of his biggest success, the lithium-ion battery: &ldquo;Although the lithium-ion battery has transformed our modern way of life, it has not enabled modern society&rsquo;s emancipation from dependence on the energy stored in a fossil fuel, a dependence that is not sustainable.&rdquo; Yet Goodenough won&rsquo;t stop at that.</p>
<p>Even at the age of 99, he is still researching more sustainable and more energy-efficient battery materials. Two years ago, he and his team identified a new cathode material for use in sodium-ion batteries. The incremental improvements he has made to lithium-ion batteries&rsquo; size and performance earn him a living, Goodenough reveals. He is more interested in &ldquo;out-of-the-box&rdquo; research, which he sees as the only route to true innovation. At his age, he feels that time is running out and he would dearly love to be able to solve the problem. &ldquo;And I think we&rsquo;re on the verge of being able to do that.&rdquo;</p>
<p>&nbsp;</p>
<p>The post <a href="https://future-markets-magazine.com/en/innovators-en/father-of-the-lithium-ion-battery/">Father of the lithium-ion battery</a> appeared first on <a href="https://future-markets-magazine.com/en/">Future Markets Magazine</a>.</p>
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		<title>Sustainable Energy Start-ups</title>
		<link>https://future-markets-magazine.com/en/innovators-en/sustainable-energy-start-ups/</link>
		
		<dc:creator><![CDATA[The Quintessence]]></dc:creator>
		<pubDate>Tue, 16 Nov 2021 07:56:38 +0000</pubDate>
				<category><![CDATA[Innovators]]></category>
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		<category><![CDATA[consumption]]></category>
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		<guid isPermaLink="false">https://future-markets-magazine.com/?p=9897</guid>

					<description><![CDATA[<p>The transition to a low-carbon future is turning the economy on its head. All around&#8230;</p>
<p>The post <a href="https://future-markets-magazine.com/en/innovators-en/sustainable-energy-start-ups/">Sustainable Energy Start-ups</a> appeared first on <a href="https://future-markets-magazine.com/en/">Future Markets Magazine</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><b>The transition to a low-carbon future is turning the economy on its head. All around the world, many sustainable energy start-ups are revolutionising the energy sector. With their innovative ideas, they are helping to blaze a trail towards a sustainable energy future and making an important contribution to a successful change of energy policy worldwide.</b></p>
<h2>Eight Sustainable Energy Start-ups and their innovative ideas:</h2>
<p>&nbsp;</p>
<h2 class="p1">Tower of Power</h2>
<div class="su-note" style="border-color:#8fbd89;"><div class="su-note-inner su-clearfix" style="background-color:#9FD298;border-color:#ecf6ea;color:#000000;"><strong>Energy Vault</strong> offers EVx, a system in which a special crane system lifts huge composite blocks to store electricity in the form of mechanical energy. The system can be built in 10&#8200;MWh increments &ndash; up to a storage capacity of several gigawatt-hours. Both applications with high energy demand and shorter storage (2&thinsp;&ndash;&thinsp;6 hours) and storage applications with longer duration (6 &ndash;12 hours and more) are possible.
<p><strong><a href="http://www.energyvault.com">www.energyvault.com</a></strong><b></b></p></div></div>
<h2 class="p1">Just paper and enzymes</h2>
<div class="su-note" style="border-color:#8fbd89;"><div class="su-note-inner su-clearfix" style="background-color:#9FD298;border-color:#ecf6ea;color:#000000;"><strong>BeFC</strong> has developed an ultra-thin, flexible, and paper-based bioenzymatic fuel cell. It uses enzymes to convert glucose from sugar and oxygen from the air into electricity. The bioenzymatic fuel cells generate several milliwatts per square centimetre &ndash; enough electricity for sensors and wireless transmitters &ndash; and typically last for anywhere between several days and several weeks, depending on the application concerned.
<p><strong><a href="http://www.befc.global">www.befc.global</a></strong></p></div></div>
<h2 class="p1">Sustainable solar-cell production</h2>
<div class="su-note" style="border-color:#8fbd89;"><div class="su-note-inner su-clearfix" style="background-color:#9FD298;border-color:#ecf6ea;color:#000000;"><strong>HighLine Technology</strong> is commercialising a new method where metal contacts are applied contact-free to the front of a solar cell in a dispensing procedure. The consumption of expensive silver is reduced by around 20 per cent, the contacts are made thinner, and the electricity yield is increased. This increases efficiency by around one per cent in relative terms.
<p class="p1"><a href="http://www.highline-technology.com"><b>www.highline-technology.com</b></a></p></div></div>
<h2 class="p1">Portable mains power with zero emissions</h2>
<div class="su-note" style="border-color:#8fbd89;"><div class="su-note-inner su-clearfix" style="background-color:#9FD298;border-color:#ecf6ea;color:#000000;"><strong>Instagrid&rsquo;s</strong> portable power supply system is the most powerful of its kind in the world, so the manufacturer claims: the battery system supplies grid-quality electricity despite weighing in at just 20 kilos. Thanks to the system&rsquo;s extremely high peak output (18,000 watts) and robust design (protection class IP54+), it can supply any tool with electricity and essentially be used anywhere, regardless of location.
<p class="p1"><a href="http://www.instagrid.co"><b>www.instagrid.co</b></a></p></div></div>
<h2 class="p1">Air used for power storage</h2>
<div class="su-note" style="border-color:#8fbd89;"><div class="su-note-inner su-clearfix" style="background-color:#9FD298;border-color:#ecf6ea;color:#000000;"><strong>Phelas&rsquo;</strong> large-scale, standardised, and mass-produced electricity storage system is based on a proprietary approach for storing energy in liquid air. It uses universally available air as its storage medium. Readily available materials such as gravel are used for thermal storage. The technology offers a cost benefit for large amounts of energy with high cycle stability at the same time.
<p><strong><a href="http://www.phelas.com">www.phelas.com</a></strong></p></div></div>
<h2 class="p1">Fully charged in five minutes</h2>
<div class="su-note" style="border-color:#8fbd89;"><div class="su-note-inner su-clearfix" style="background-color:#9FD298;border-color:#ecf6ea;color:#000000;"><strong>StoreDot</strong> is a pioneer in the field of XFC (extreme fast charging) batteries. The company has revolutionised conventional lithium-ion batteries by developing and synthesising proprietary organic and inorganic compounds. This enables the production of batteries that can fully charge an electric vehicle in just five minutes.
<p class="p1"><a href="http://www.store-dot.com"><b>www.store-dot.com</b></a></p></div></div>
<h2 class="p1">Renewable energy for developing countries</h2>
<div class="su-note" style="border-color:#8fbd89;"><div class="su-note-inner su-clearfix" style="background-color:#9FD298;border-color:#ecf6ea;color:#000000;"><strong>Ecoligo</strong> finances solar-power projects in emerging economies through the ecoligo.investments crowdinvesting platform. This enables private investors to invest in renewable energy while supporting local economic development in developing countries and emerging economies as well as fighting climate change. So far, the solar-as-a-service concept has been rolled out in East and West Africa, Central America, and South-East Asia.
<p class="p1"><a href="http://www.ecoligo.investments"><b>www.ecoligo.investments</b></a></p></div></div>
<h2 class="p1">A circular economy for batteries</h2>
<div class="su-note" style="border-color:#8fbd89;"><div class="su-note-inner su-clearfix" style="background-color:#9FD298;border-color:#ecf6ea;color:#000000;"><strong>Circunomics</strong> wants to open up a circular economy for batteries with an open-access big-data marketplace for battery data, cells, and recycling. The start-up supplies lifecycle and price <a href="https://future-markets-magazine.com/en/encyclopedia/algorithm/" target="_blank" title="A generally interpretable unique description of a sequence of actions to resolve a &ndash; usually&hellip;" class="encyclopedia">algorithm</a>s alongside standardised data interfaces and brings together industry partners from all stages of the battery supply chain. The goal is to maximise the resale value of batteries and reduce recycling costs.
<p class="p1"><a href="http://www.circunomics.com"><b>www.circunomics.com </b></a></p></div></div>
<p>&nbsp;</p>
<p>The post <a href="https://future-markets-magazine.com/en/innovators-en/sustainable-energy-start-ups/">Sustainable Energy Start-ups</a> appeared first on <a href="https://future-markets-magazine.com/en/">Future Markets Magazine</a>.</p>
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		<title>Interview with Francesca Gostinelli, Enel</title>
		<link>https://future-markets-magazine.com/en/innovators-en/interview-with-francesca-gostinelli-enel/</link>
		
		<dc:creator><![CDATA[The Quintessence]]></dc:creator>
		<pubDate>Fri, 12 Nov 2021 13:34:12 +0000</pubDate>
				<category><![CDATA[Innovators]]></category>
		<category><![CDATA[Sustainable Energy]]></category>
		<category><![CDATA[EBV]]></category>
		<category><![CDATA[EBV Elektronik]]></category>
		<category><![CDATA[Enel]]></category>
		<category><![CDATA[Enel S.p.A]]></category>
		<category><![CDATA[energiekonzern]]></category>
		<category><![CDATA[FMM]]></category>
		<category><![CDATA[Francesca Gostinelli]]></category>
		<category><![CDATA[future markets magazine]]></category>
		<category><![CDATA[Interview]]></category>
		<category><![CDATA[nachhaltige Energie]]></category>
		<guid isPermaLink="false">https://future-markets-magazine.com/?p=9883</guid>

					<description><![CDATA[<p>An interview with Francesca Gostinelli, Head of Group Strategy, Economics, and Scenario Planning at Enel&#8230;</p>
<p>The post <a href="https://future-markets-magazine.com/en/innovators-en/interview-with-francesca-gostinelli-enel/">Interview with Francesca Gostinelli, Enel</a> appeared first on <a href="https://future-markets-magazine.com/en/">Future Markets Magazine</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>An interview with Francesca Gostinelli, Head of Group Strategy, Economics, and Scenario Planning at Enel</strong></p>
<p>At Enel, renewable energy and a major energy provider go hand in hand. According to German statistics portal Statista, Enel is not only Europe&rsquo;s largest power company, but also the largest in the world. Enel is now also the most important private player in renewables worldwide &ndash; a &ldquo;super major&rdquo; in this sector with around 49 gigawatts of installed renewable capacity. Out of the 217&#8200;terawatt-hours of the Enel group&rsquo;s net electricity production in 2020 (including managed capacity), around 54 per cent was generated from renewable sources: by 2030, this figure is intended to grow to over 80 per cent. However, producing energy from renewables is just one area where the company is leading the way. Digitalisation is another: since the 1990s, Enel has equipped more than 30 million households with digital electricity meters. Although Francesca Gostinelli believes that decarbonisation, electrification, and digitalisation will undoubtedly transform the role played by power companies, she is also convinced that sustainable energy sources will bring huge opportunities&nbsp;&ndash; and not just for companies like hers.</p>
<p><strong>&nbsp;</strong></p>
<p><strong>The Quintessence: Cross your heart &ndash; how much renewable energy do you already use at home?</strong></p>
<p><strong>Francesca Gostinelli:</strong> My home is powered by renewable electricity and our multi-families building is looking into possible measures to install solar panels and increase energy efficiency. Indeed, a very important change in my daily life, relating to energy, has been the switch to a fully electric car. In my family, we are also embracing behaviours that can reduce our impact on the environment, such as eating less beef, trying to be circular in our consumption habits (reduce, reuse, recycle), buying km zero food products, using less plastic.</p>
<p><strong>How important do you consider the transition to sustainable energy</strong> <strong>to be?</strong></p>
<p><strong>F.&thinsp;G.:</strong> The transition isn&rsquo;t just important, it is vital. The energy transition has been driven primarily by climate change concerns, but other multiple effects from such a transition are becoming evident to all stakeholders. Zero emission technologies will improve people&rsquo;s lives significantly, while entailing a wide range of positive effects on the way resources are currently produced and used, thanks to circular economy practices and smarter energy systems.</p>
<p>Embracing the transition gives companies greater resilience in order to overcome vulnerability to climate change and its effects. That&rsquo;s why I expect to see increasing cooperation among actors working to achieve similar goals. Such engagement will naturally lead to stakeholder partnerships enabling thriving co-opetition and cooperation, imagining new set-ups and solutions, not only across and along value chains, but also across geographies and communities.</p>
<p><strong>What was the reason behind Enel&rsquo;s involvement with renewables in the first place?</strong></p>
<p><strong>F.&thinsp;G.:</strong> The Enel Group&rsquo;s renewable footprint has grown over tenfold since the establishment in 2008 of Enel Green Power (EGP), the Group&rsquo;s company dedicated to the development of renewables. At the time, such a commitment seemed quite risky; many used to think that clean forms of energy, which were then often referred to as &ldquo;alternative&rdquo;, were destined to remain marginal and labeled to be subsidised for good.<br>
Since the early days of EGP, we placed a bet on green energy as we saw the transition coming. Towards this aim, we launched a business that did not rely on the major government incentives offered in those days, but we preferred a more self-sustaining model addressing those areas of the world characterised by an abundance of renewable energy sources alongside a steady regulatory framework and overall social acceptance of green energy projects.</p>
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<p>&nbsp;</p>
<blockquote>
<p class="p1"><span class="s1"><i>&bdquo;Wir steigen schrittweise aus fossilen Brennstoffen aus. Ein wichtiger Meilenstein ist der vollst&auml;ndige Ausstieg aus der Kohle im Jahr 2027.&ldquo;</i></span></p>
</blockquote>
<p class="p2" style="padding-left: 30px;"><span class="s1">Francesca Gostinelli, Head of strategy, economics and scenario planning bei Enel</span></p>
<p>&nbsp;</p>
<p><strong>By 2050, the Enel Group aims to fully decarbonise its energy generation &ndash; how do you plan to achieve this goal? </strong></p>
<p><strong>F.&thinsp;G.:</strong> In line with our Strategic Plan up to 2030, our installed renewable capacity is expected to reach around 145&#8200;gigawatts in 2030, which is equal to approximately a threefold increase compared with today. At the same time, we plan to fully phase out our coal capacity by 2027 from the 8.9&#8200;gigawatts currently installed and consolidate our position as a &ldquo;Renewables Super Major&rdquo; with more than four per cent of the global market share, compared with the current 2.5&#8200;per cent. The Group&rsquo;s emission-free production is set to reach around 85&#8200;per cent in 2030, from the current 66&#8200;per cent, in line with the targeted drop of direct CO<sub>2</sub> emissions in 2030 to 82&#8200;gCO<sub>2</sub>eq/kWh from 214&#8200;gCO<sub>2</sub>eq/kWh in 2020: this target has been certified by the Science-Based Targets initiative (SBTi) as compliant with the 1.5&thinsp;&deg;C climate pathway.</p>
<p><strong>Why is it still not possible to switch over completely to renewables with new capacity coming online?</strong></p>
<p><strong>F.&thinsp;G.:</strong> We are gradually phasing out fossil fuels, a major milestone being the total phase-out of coal in 2027. Please note that back in 2017 we used to operate as much as 16&#8200;gigawatts of coal capacity, which declined to 11.7&nbsp;gigawatts in 2019 and further then down to the current 8.9 gigawatts, of which 5.6 gigawatts are located in Italy, 2.8 in Spain, and roughly 0.5 gigawatts in Latin America.</p>
<p>In order to decarbonise our society, we need massive electrification of final energy uses that are going to be supplied with increasing volumes of electricity from renewable sources. However, this transition, that some might call &ldquo;revolution&rdquo;, also poses some challenges that must be faced. A new market design based on renewable generation needs to rely on the appropriate services and infrastructure in order to ensure grid stability, which can be achieved through technological development and hybridisation, for example by coupling different generation technologies that enhance output steadiness, limiting the impact of intermittency. These investments must leverage regulatory frameworks that might support solutions in line with the transition, so as to keep providing reliable services to customers and supporting the growing electrification demand, while continuing to substitute current fossil fuel generation with renewables.</p>
<p><strong>Does renewable energy actually pay off in economic terms?</strong></p>
<p><strong>F.&thinsp;G.:</strong> Renewables have a shorter time to market and lower costs than fossil fuels. Nowadays they constitute the cheapest source of energy in terms of Levelised Cost of Energy (LCOE) in many countries, as per the mapping BloombergNEF publishes periodically on LCOE. We have developed our strategic framework under the &ldquo;sustainability is value&rdquo; paradigm and we believe this is the direction that every company should take.</p>
<p><strong>What role do electronics essentially play in sustainable energy generation?</strong></p>
<p><strong>F.&thinsp;G.:</strong> I would say electronics, together with digitalisation, are key elements. Four years ago, the Enel Group kicked off a massive digital transformation, setting the foundations to evolve towards a digital company. We successfully completed our <a href="https://future-markets-magazine.com/en/encyclopedia/cloud/" target="_blank" title="Provision of IT resources over the Internet on demand, billed according to actual usage." class="encyclopedia">Cloud</a> transformation in April 2019, being the first major utility that is 100 per cent in the <a href="https://future-markets-magazine.com/en/encyclopedia/cloud/" target="_blank" title="Provision of IT resources over the Internet on demand, billed according to actual usage." class="encyclopedia">Cloud</a>. This transformation has significantly impacted our performance in terms of scalability, automation, efficiency and accessibility alongside being preparatory to introduce a platform-based approach aimed at managing increasing levels of complexity brought on by the energy transition. Within this transition, utilities are indeed no longer seen only as owners or operators of assets, but potentially as enablers and orchestrators of more complex business relationships and ecosystems.</p>
<p><strong>What is needed to guarantee a stable power supply? </strong></p>
<p><strong>F.&thinsp;G.:</strong> We do not see any contrast between the stability of the system and renewable penetration. Renewables are pivoting not only decarbonisation goals but also greater system resilience and long-term sustainability. They are leading such transition, but not alone: they must be accompanied by a transformation of the system as a whole in terms of network upgrade, market design features as well as storage systems penetration.</p>
<p>In this context, the non-programmable nature of renewables should be coupled with investments in advanced energy services and assets, including intelligent distribution networks, storage and demand response in order to ensure flexibility alongside security of energy systems. Storage systems in particular will allow a more efficient release of energy into the network with benefits for both energy producers and the grid as a whole.</p>
<p><strong>Enel also provides various services around the topic of sustainable energy. how does this help you on the way to making energy sustainable?</strong></p>
<p><strong>F.&thinsp;G.:</strong> Digitalisation has radically changed the way we communicate, buy products and use services. In order to fully leverage the opportunities created by this new scenario, Enel has set up Enel X, its global business line offering beyond commodity services that accelerate innovation and drive the energy transition. Enel X manages services such as demand response for around 7.4&nbsp;gigawatts of total capacity at global level and around 137 megawatts of storage capacity installed worldwide, as well as around 232,000 public and private electric vehicle charging points made available around the globe, including interoperable points. Furthermore, the company operates more than 1,475 electric buses, mainly in Latin America. Through its advanced solutions, including energy management, financial services and electric mobility, Enel&nbsp;X provides each partner with an intuitive, personalised ecosystem of tech platforms and consulting services, focusing on sustainability and circular economy principles in order to provide people, communities, institutions and companies with an alternative model that respects the environment and integrates technological innovation into daily life. Enel X brings the customer to the next level in a holistic way.</p>
<p><strong>Enel has also set up the Open Innovability&reg; Platform &ndash; what is this exactly?</strong></p>
<p><strong>F.&thinsp;G.:</strong> Enel has combined innovation and sustainability in a model called &ldquo;Innovability&reg;&rdquo;, based on the fundamental concept that in order to be sustainable it is necessary to constantly innovate and, at the same time, every innovation pursued must be sustainable. Sustainability is the real engine of innovation and an accelerator of the strategic industrial plan. To innovate, Enel has adopted an open approach that leverages an ecosystem of various players. To engage them, Enel has created tools, such as openinnovability.com that works as a crowdsourcing platform that collects innovative solutions to challenges.</p>
<p>The community of 500,000 highly qualified solvers has sent over 7,500 proposals from more than 100 countries over the years. To date, more than 150 challenges have been launched and almost 300 proposals have been awarded, of which 65 have been deployed. I strongly believe the approach to innovation and sustainability together is a competitive edge for companies that are inspired by a purpose like &ldquo;we empower sustainable progress&rdquo;: you need to go and make things happen, and to make these things better and better, you need to play together.</p>
<p><strong>Do you see the change of energy as a risk or an opportunity?</strong></p>
<p><strong>F.&thinsp;G.:</strong> We believe the energy transition offers opportunities for many companies in various industries, but while some companies are already benefitting from this transition, others are lagging behind. The electricity utility sector, in particular, is poised to be one of the greatest beneficiaries from the energy transition.</p>
<p>Utilities have substantially increased their role as market players thanks to their central position in the electricity space. This reality has widened the opportunities in a sustainable environment since these companies have become vital actors connecting the many transition elements. Utilities have lots of opportunities, they are changing their speed, they are upgrading their skills, they are reconsidering their organisation with the aim to better suit the new challenges in the ecosystems-industry world.</p>
<p>So yes, we believe that any energy policy favoring sustainable sources is an opportunity for us and like-minded utilities and represents, undoubtedly, a giant opportunity for society to change for the better.</p>
<p><strong>Are there technological trends that you find particularly interesting in this context?</strong></p>
<p><strong>F.&thinsp;G.:</strong> Technology trends, such as the penetration of low-cost renewable technologies, electrification, efficient batteries for electric mobility and smarter grids are supporting the synergic pursuit of those policy objectives. They are the driving forces transforming the energy landscape and creating a new generation of efficiency solutions. New digital solutions, for example, are becoming smarter and are able to better integrate external data sources, improving energy management systems, increasing grid flexibility, energy demand forecasts and response capabilities.</p>
<p><strong>How will the future energy landscape differ from that of today? </strong></p>
<p><strong>F.&thinsp;G.:</strong> The energy transition is gradually empowering customers who are turning into active, central players in the energy sector from being passive recipients of energy. This is happening through the spread of distributed energy resources such as residential or commercial and industrial rooftop photovoltaics, home batteries, as well as electric vehicles. In this sense, with the green transition the energy sector is becoming more democratic, participatory and, to put it simply, accessible to all.</p>
<p><strong>What will the energy landscape look like worldwide in 30&nbsp;years?</strong></p>
<p><strong>F.&thinsp;G.:</strong> The future we see and advocate for is a future in which the world manages to limit the temperature increase to 1.5&#8200;&deg;C and build an effective adaptation framework to cope with the inevitable effects that we are in any case going to face. We see increasingly good signs of this, as more and more governments and private companies around the world set ambitious net zero commitments.</p>
<p>Moreover, the financial community is undergoing structural changes by prioritizing sustainable behaviours and practices. Beside policies, technology will be a key enabler of the future world we will live in. The increase in renewables will steadily beat expectations, as has happened until today. Just think that in the last two years IEA has increased the terawatt of renewables expected to be in operation globally in 2040 by around 20&nbsp;per cent. Energy will be more democratic and accessible, in part thanks to the dramatic advancements that digital technologies will enable. 2050 is still far away, and if we start acting now and keep advancing on the most sustainable solutions, we increase our chances to allow humanity to keep on prospering without overburdening the planet and its natural limitations.</p>
<p>&nbsp;</p>
<p>The post <a href="https://future-markets-magazine.com/en/innovators-en/interview-with-francesca-gostinelli-enel/">Interview with Francesca Gostinelli, Enel</a> appeared first on <a href="https://future-markets-magazine.com/en/">Future Markets Magazine</a>.</p>
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