In a recent study, our experts Marion Powilleit, Laura Eule, Dr. Stefan Kirschbaum, and Dr. Claus Schmalzing investigated how the transformation of the industrial energy supply can be shaped and made economically viable.
TOP-Energy was used to optimize transformation concepts for industrial and commercial locations up to the year 2050. The results of the study illustrate the complex interrelationships between various parameters and show some options for shaping the energy transition, the economic viability of which is heavily dependent on price trends. In particular, the relationship between electricity and fuel prices influences the optimal structure of the energy systems. The results point to that the electrification of industrial and commercial energy systems is unavoidable in the short term. In the long term, the price of hydrogen and CO2, in particular, will be decisive for the choice of technologies.
These results are a wake-up call for companies and governments worldwide to actively drive forward the energy transition. It is crucial that policymakers create suitable framework conditions and infrastructure to support meaningful technological developments and ensure a successful energy system transformation.
The study was funded by the German Federal Ministry for Economic Affairs and Climate Action and carried out in close cooperation with Rolls Royce Power Systems. The cooperation with Rolls Royce ensured sufficiently considering practical constraints and sensibly selecting the input data. Interested parties can download the article free of charge here.
