As the grid becomes smarter, artificial intelligence solutions to manage the complexity of operations will become more in demand. This will allow for more environmentally friendly operations when it comes to solar and wind array maintenance.
FREMONT, CA : What are the top energy technologies to watch in 2021, with fossil fuel demand likely to peak near the end of the decade and clean energy deployment accelerating? Despite current lockdowns, strong market trends are pushing the acceleration of the energy shift, and while there may have been some reduction in energy usage during the epidemic. A growing portion of that will come from renewable sources. Here are the technologies that will alter the energy market in 2021.
Solar
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After a year of fluctuating demand, studies predict that annual solar installations will increase by more than 30 percent in 2021. Given recent efficiency advancements, perovskite has high expectations, although it may take time to commercialize fully. The growth of floating solar is monitored because it helps solar escape the land/energy conflict. Still, the main focus is likely to be on sectoral integration, notably in the case of agrivoltaics.
Storage
The market is predicted to be driven by falling lithium battery prices, sectorial integration (as with solar+storage), an increase in green hydrogen, and the continued roll-out of gigafactories. Large-scale battery storage facilities will inevitably be built to support the surge in wind and solar energy output. Value-stacking, in which storage can perform various energy services simultaneously, such as frequency regulation, load balancing, and wider grid management services, is where storage will be transformative.
Artificial Intelligence (AI)
As the grid becomes smarter, AI solutions to manage the complexity of operations will become more in demand. This will allow for more environmentally friendly operations when it comes to solar and wind array maintenance. This could help not just with cost control but also with the carbon profile of energy sources. It might also play a key role in the corporate energy market, allowing businesses to reduce energy use and even promote emissions reductions by controlling a dynamic network of energy sources.
Hydrogen
The hydrogen business has gone through numerous popularity cycles, but many observers believe that this time is different and profound change is on the way. Green hydrogen will be the renewable energy source to watch in 2021, as the EU and many other countries invest heavily in the industry. It is viewed as necessary to speed up decarbonization efforts, especially in difficult-to-abate sectors where electrification is not feasible, such as heavy industry, chemicals, and transportation. This will solidify hydrogen's place in the global energy mix, and there is a strong consensus in the market that the rebirth of interest in hydrogen is different this time around. However, most hydrogen produced today is based on fossil fuels, so despite the plethora of announcements about green hydrogen, we must be wary of greenwash.
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