Energy Transition 2.0: Further Deployment and Market Integration of Renewable Energy
Berlin | Germany
For impressions of the Summer Academy 2014 please click here
The Summer Academy ‘Energy and the Environment’ brought together experts, scholars and practitioners from 20 different countries around the topic of energy transition, in Berlin, Germany. With participants from research, policy-making, engineering, legal, economic and other disciplines, the presentations and discussions shed light on the many sectors and interests that are involved in a successful energy transition.
For a detailed agenda of the Summer Academy ‘Energy and the Environment’ 2014, please click here
Background: As climate change is steadily progressing, governments around the world are committing to ambitious targets to reduce greenhouse gases and develop renewable energy sources. The German Energiewende, China’s record-breaking investments in renewable energy, the tripling of wind power capacity in the United States: The energy transition seems well on its way. At the same time, new market forces have emerged: The economic downturn of the past years has slowed down overall investments and dampened public support for renewable energy subsidies. The exploitation of shale gas has resulted in a cheap and plentiful energy supply, reducing the urgency and incentive to develop renewable energy sources. Industrial development has helped lift hundreds of millions of people above the poverty line, but also accounts for an unprecedented spike in CO2 emissions. And even in Germany, land of the energy transition, coal consumption has reached a record high. In this volatile energy landscape, has the energy transition lost momentum? Which challenges and achievements have presented itself to the further deployment of renewable energy? How can variable renewable energy be integrated in electricity markets that are traditionally structured to accommodate stable, conventional energy sources? The Summer Academy ‘Energy and the Environment’ 2014 will review the state of climate change and international policy (Monday) and provide an analysis of (the underlying drivers of) the global energy landscape (Tuesday). A review of the 3 years of the German Energiewende will form the basis for an analysis of global renewable energy development and of the challenges that present themselves with continued deployment and integration in particular (Wednesday). The liberalization and internationalization of electricity markets, and the ways in which their accommodation capacity for renewable energy can be enhanced, is next on the agenda (Thursday). On Friday, the Summer Academy will illustrate the acquired knowledge using the case of offshore-wind energy. The effective development of this energy source requires international cooperation, infrastructure investments like cross-border grid connections, financial incentives and other considerations, which will be the topic of the closing conference of the Summer Academy 2014 (Friday).