The role and use of electricity balancers and peakers will dramatically change as the Middle East economies move towards net zero. Finance and procurement structures will need to keep up. Today, Variable Renewable Energy (VRE) penetration and Battery Storage Systems are changing the demands on the role of thermal assets (turbines and engines) – especially with the introduction of new baseload technologies such as nuclear. Future fuels, such as hydrogen, will bring even more change to the structure and operations of the grid.
Currently, Public-Private cooperation focuses on IPPs and OEM products and services (often financed), typically with guaranteed off-takes and fixed capacity fees. But are these the best solutions to accelerate decarbonisation and achieve Net Zero targets? In this webinar, we explore the changing needs of a future net-zero grid, consider alternative Public-Private engagement models and discuss how finance structures could evolve to keep pace.
– Louis Strydom, Wartsila (Moderator)
– Martin Cordwell, GHD Advisory
– Caroline Lytton, SMBC
– Robin Mills, Qamar Energy