Managing Director & Head of Infrastructure, Energy & Industrials at Lloyds Banking Group / Energy Transition, Natural Resources, Finance & Business Transformation / my posts are my personal view
The Oxford Institute for Energy Studies delves into harnessing Distributed Energy Resources (DERs) in developing nations, drawing insights from global leaders' experiences. The paper outlines three stages of DER integration, each requiring distinct technological, regulatory, and market advancements. Initially, Stage 1 involves limited DER adoption, with larger consumers focusing on cost reduction and reliability enhancement. As DER penetration increases in Stage 2, smaller consumers embrace rooftop solar PV and electric vehicles, necessitating aggregators and enhanced incentives. Finally, Stage 3 represents widespread DER adoption across user types and regions, driven by market forces rather than policy support. This phase demands advanced operational tools, effective grid access regimes, and active involvement of Distribution System Operators (DSOs) to optimize system operations. As developing countries navigate DER integration, understanding these stages and implementing corresponding frameworks becomes paramount. What strategies do you believe are crucial for developing nations to effectively harness the potential of DERs and ensure sustainable energy transitions? #energy #ders #sustainability #energytransition
Managing Director & Head of Infrastructure, Energy & Industrials at Lloyds Banking Group / Energy Transition, Natural Resources, Finance & Business Transformation / my posts are my personal view
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