The current geopolitical climate underscores the risks of continued reliance on fossil fuels and the growing urgency to transform energy supply systems. Solar and wind power are now established as cost-effective energy sources, and the International Energy Agency (IEA) expects global capacity to increase 2.6-fold between 2022 and 2030. Against this backdrop, The smarter E Europe alliance will focus on the feasibility of renewable energy systems from 23 to 25 June in Munich. The Renewables 24/7 special exhibit will present best practices, presentations and live demonstrations to illustrate how a continuous renewable energy supply can be achieved.
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To open the exhibition on 23 June, The smarter E Europe will present an exclusive study conducted with the Fraunhofer Institute for Solar Energy Systems. The study addresses common concerns about system stability and provides scientific evidence that a renewable energy system is viable. Titled “Pathways to a Renewable Energy Supply”, it uses Germany, where sixty percent of electricity is already generated from renewable sources, as a case to illustrate supply security in advanced industrial economies.
Four thematic areas
Visitors will be able to explore four thematic areas in the special exhibit: industry, commerce, residential applications and mobility. Each area demonstrates how power generation, storage, flexibilisation and digitalisation are integrated. Security is another focus, and the exhibit will address concerns about the reliability of renewables, including periods of low generation and supply fluctuations.
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“Electricity from solar and wind is already extremely cheap. The energy transition is unstoppable, and delaying it will only harm the economy. Companies can reduce energy costs in the long term and ensure competitiveness through renewables. Secure supply is guaranteed by flexibilisation, intelligent storage, digital grid solutions and sector coupling,” says Markus Elsässer, Founder and CEO of Solar Promotion GmbH.
The energy system of the future
In future, more people will generate, use and store their own electricity, increasing competition and lowering costs. The key to transforming the energy system lies in electrifying all sectors, from transport and heating to industry. Electrification will drive innovation and economic growth, raising value creation far beyond what imported crude oil and gas can deliver. (hcn)
