In this response to Greg Clark MP, Founder & Chief Technology Officer Matthew Williams and Chief Economist & Head of Government Affairs Richard Dowling together challenge the idea that the Energy Trilemma is “over” and examine how greater amounts of renewables will affect energy security and energy equity, should there be no change to the current grid.
Last week, Founder and Chief Technology Officer Matthew Williams travelled to the University of Manchester to award the first ever Faraday Grid Prize for Research for Industry. This prize recognises rigorous academic research with strong industrial applicability. It is also a great example of Faraday’s drive to enable collaboration among the academic and private sector thereby catalysing societal progress. Read Matthew’s article below to find out why he believes collaboration is a key pillar for building future prosperity.
The Faraday Grid is thrilled to announce the deployment of its revolutionary technology in London, one of the world’s most sophisticated electricity networks. The agreement will see the world’s first Faraday Grid utilised in a live network from early 2019 in partnership with the UK’s most innovative distribution network operator UK Power Networks, which characterised Faraday’s technology as ‘transformational.’ As the Faraday Grid expands through the rest of the UK and beyond, it promises to unlock new frontiers in innovation and underpin the sustainable welfare of generations to come.
In September 2018, Governor Jerry Brown made history by signing the revolutionary Senate Bill 100 (SB 100). The truly ground-breaking requirement is the stipulation for California to be 100 per cent carbon free by 2045. Achieving such an ambitious target will require innovative technological solutions. Read Oliver Forsyth’s writing on what circumstances and factors to consider.
Faraday Grid is ramping up its U.S. activities this week as we present at the tenth annual Advanced Energy Conference (AEC) taking place in New York City in addition to meeting potential future partners. Our presence is part of a Scottish Development International ‘Mission and Learning Journey’ delegation that seeks to bring high-value, innovative solutions to companies and organisations in the U.S. market. Richard Dowling, Chief Economist and Head of Government Affairs outlines the benefits the Faraday Grid can bring to New York and the world.
A modern grid supplying modern electricity demands should be able to provide environmentally friendly energy securely and at an affordable price at once. There are a number of technology pathways being suggested to modernise the electricity grid, and adapt it to the new reality of distributed variable renewable generation. This article gives an overview of these technologies.
What is the "Energy Trilemma"? The Energy Trilemma presents three interconnected goals that have proven exceedingly difficult to address individually. Recent history has shown that unilateral actions taken to address one dimension of the trilemma often results in undesirable reactions on the other dimensions. Hence it is currently not practical to simultaneously install new low carbon generation, ensure affordable energy for consumers, and guarantee that there will be security of electricity supply accounting for future demand.
Australian innovator Faraday Grid announced today in Paris as finalist in global Energy Productivity Innovation Challenge (EPIC) 2016. The COP21 meeting in 2015 in Paris marked a significant commitment to set global goals for energy efficiency targets. It was also the venue for the launch of the EPIC program. CEO Andrew Scobie, Director of R&D Matthew Williams, and CMO Jacqui Porch were in Paris at the IEA Conference for the awards announcement on the 13th of October.