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?
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.
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.