networks

Are we far from a world where everybody drives an EV?

Are we far from a world where everybody drives an EV?

The increasing focus on renewable energy sources and low carbon technologies is triggering a substantial shift in the automotive industry. Supported by government policies and public interest, the number of electric vehicles are swiftly increasing, exceeding predictions year to year. Is the electricity system ready to cater for such a vast new demand?

Faraday Grid’s response submission to OFGEM’s RIIO-2 Consultation

Faraday Grid’s response submission to OFGEM’s RIIO-2 Consultation

In response to OFGEM’s RIIO-2 consultation, Faraday Grid urges the incentivisation of fundamental network-wide solutions as opposed to seeking out incremental mitigating technologies providing only temporary relief from network-wide pressures.

Faraday Grid Benefits - High Voltage Network Simulation

Faraday Grid Benefits - High Voltage Network Simulation

WHITE PAPER ATTACHED

The secure operation of modern electricity networks is becoming an increasingly difficult task as grids continuously employ complex interconnections, intermittent non-dispatchable renewable generation, and nonlinear loads. While these actions aim to improve power system reliability and meet sustainable energy requirements, they significantly reduce the system’s fault tolerance, inertia, and damping levels. The Faraday Exchanger (FE) technology delivers key technical and economic benefits, as demonstrated through results obtained from detailed simulations on numerous electrical networks from various countries.

Low Voltage Network Simulation with the Faraday Grid

Low Voltage Network Simulation with the Faraday Grid

When rolled out across a wider system of LV networks, the Faraday Grid technology can enable a quantum shift in energy system architecture to a new decentralised, flexible and reliable system.
Three sets of simulations measuring network performance of LV networks using conventional transformers, Online Tap Changers (OLTCs), and Faraday Exchangers were carried out to demonstrate the Faraday Grid’s superior capabilities. Read the white paper describing the simulation results via the link.

Energy Explainer: Electricity Markets

Energy Explainer: Electricity Markets

In order to explain how the lights stay on, we first need to have a broad overview of how electrical networks work. This article gives a review of the evolution of electricity markets over the past century and explains the complex system they have become.