As COP 28 unfolds, in the episode n.171 of the “Energy Unplugged – by Aurora” podcast, green energy veteran and serial entrepreneur Alexander Voigt, CEO of HH2E, engages in a conversation with Hanns Koenig, Managing Director for Central Europe at Aurora Energy Research. Their discussion centres around some of the most pertinent questions facing the energy sector during this transitional period.
Forms of power generation.
There are three primary forms of power generation capable of meeting the world’s ever-increasing energy demand, each presenting its own set of challenges: Fossil fuels, which release CO2 and drive global warming; Nuclear power, associated with risks of radioactivity and high construction costs; and Renewables, known for their volatility and inability to consistently provide the necessary baseload.
Which of the above listed challenges is the easiest to solve?
Green energy economy.
The establishment of a new green energy economy requires simultaneous focus on three key areas: the development of technology and the manufacturing of systems and equipment; the implementation of profitable projects, ranging from wind and solar parks to green hydrogen production facilities; and the distribution of energy, encompassing both electrons and molecules, through power grids and pipelines.
Considering our experience since the inception of solar and wind power generation, how can we better tackle all these areas concurrently?
Competitiveness of Europe.
Historically, Europe has struggled to compete with China in terms of pricing and with the USA in transferring innovation from academia and incubators into businesses. Yet, renewable energy technology in Europe is more advanced than anywhere else in the world.
How can Europe differentiate itself this time and assume a leading position in the future green energy economy?
Tune into the podcast for Alexander’s answers and insights on generating energy without environmental harm, the areas in need of greatest focus, and how Europe can contend with competition from China and the USA.