Increasing demand for electricity requires smart solutions
Electricity demand is rising on a global level due to the increase in electric mobility, the electrification of heating processes, the decarbonisation of industry, the growth of data centres (AI) and increased cooling needs due to heat waves caused by climate change. With electricity demand set to double by 2050 and our power supply becoming more dependent on wind and solar power, and therefore on unpredictable weather conditions, we need a smart energy system that balances supply and demand. This means that it is crucial to invest in developing new energy technology and integrating it into systems. Examples of this are battery farms, heat pumps, e-boilers and the production of green hydrogen or derivatives. It will also be necessary to expand our energy infrastructure with smart grids, high and low voltage grids, distribution stations and new underground pipes.