The power grid is the backbone of the energy transition but also its main bottleneck. We are at a critical convergence of the demand ramp-up of an increasingly electrified economy – driven by the rise of electric vehicles, datacentres as well as artificial intelligence (AI) – and an aging power grid that requires significant upgrading (particularly in a world of more renewable but intermittent energy).
In this week’s podcast, Ehsan Khoman, Head of Research – Commodities, ESG and Emerging Markets (EMEA), delves into the obstacles to grid modernisation and explores potential hardware and software solutions, including the greater use of long duration energy storage, wider applications of demand responses as well as the adoption of automation and AI.
The MUFG Global Markets Podcast can be found directly on our MUFG Podbean page or via a number of platforms, including Spotify, Apple, and Stitcher.