Energy Transition Demands New Grid Strategies: An International Perspective
Action-focused, far-reaching grid development strategies are essential for meeting upcoming supply demands.
Grid operators were instructed to undergo comprehensive changes, necessitating a reassessment of traditional methods and the implementation of fresh approaches to address the requirements of the energy shift.
Based on an analysis conducted by Kearney, optimizing asset management presents a viable approach. Instead of concentrating solely on enhancing grid uptime and reducing operational expenses, operators ought to prioritize improving the entire grid’s efficiency.
Kearney highlighted two crucial elements: formulating an actionable and forward-looking construction strategy based on the targeted grid design, ensuring alignment with upcoming demand requirements; along with accurately assessing the necessary resources for every infrastructure project.
Insufficient transparency and planning reliability in asset management lead to inefficiencies in subsequent phases of the value chain, which can only be enhanced independently," the report stated. "A deeply integrated and effective production process, akin to what we see in manufacturing, necessitates thorough and clear planning within asset management.
An alternative approach involves establishing a centralized body responsible for orchestrating and directing construction initiatives. This streamlines interactions with vendors and contractors while guaranteeing clear distribution of assets.
By centralizing aspects of construction management, communication becomes more streamlined, and transparency regarding resource utilization is enhanced.
Finally, Kearney mentioned that grid operators must develop a comprehensive and dedicated procurement strategy to guarantee resource availability in the long run.
"This requires clarity about the long-term needs for resources and the capabilities within the current portfolio of suppliers and service providers," it was stated.
"Regional and annual recordings of component quantities, kilometers of distribution lines, and other crucial data should be documented and contrasted with existing capacities. Doing so enables the identification of capacity shortages and helps refine procurement strategies," it further stated.
