Energy Infrastructure

Spearmint Energy founder Andrew Waranch says we are at a tipping point. Texas power grid froze in 2021 after a surge of severe winter storms battered state. He says we need massive investment in our energy infrastructure, especially in energy storage.

EU needs €210bn over next five years to pay for phasing out Russian fossil fuels based on a plan drawn up in response to the Kremlin-ordered invasion of Ukraine. The plan proposes upgrades to the EU green deal, the blocs flagship policy to confront the climate crisis. Officials also want to cut energy consumption by 13% by 2030 (compared with 2020), too.

Electricity is a powerful thing, but it is necessary that the amount of electricity in the grid corresponds with actual consumption needs. The amount of green energy generated in 2019 represented 27 % of the worldwide production and only 13% of the entire production capacity in Slovakia.

In a global interconnected system understanding where hydrogen has come from will become incredibly important. The temptation for some to make hydrogen from coal and release the carbon dioxide into the atmosphere may be too great, however as international trade develops the risk increases.

A recent survey in the United Kingdom assessed public perception to be largely ambivalent to hydrogen. Over 64% of participants were unable to demonstrate even a basic knowledge of hydrogen technology or its potential to contribute to the energy system.

Hydrogen is the talk of the town and the Commission makes it a big priority in its green industrial strategy. There are few hydrogen fuel cell cars and most of them are actually demonstration vehicles.

A buyer of electricity can be offered a traceable link of power supply from specific source(s) of renewable power. TYMLEZ can offer an API*-box for traceability of energy right from its source all way to the consumer.

Recently there has been more and more in the media about hydrogen as a future fuel. These discussions often talk about hydrogen using a colour coding - which has the potential to confuse an already complicated matter even further. To support discussion I have pulled together a summary.

The EU is going to be boosted by an investment of almost 1 billion euros. About 84% of this amount should be used to support projects related to electricity and Smart grids. The aim is to transform the traditional power grid into a super-efficient network.