Report: Sector coupling: Creating an interconnected decarbonized energy system benefiting industry, the power sector and society

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Sector coupling is based on quantitative analyses of the impact of sector coupling on energy demand and energy prices in Europe.

Existing taxation schemes that favour fossil fuels hold back the use of renewable power during times of oversupply. This means renewable power into the grid is going to waste, according to DNV GL. Energy experts from DNV GL reveal in a new report that electrification will connect various industry sectors such as heavy industry, transport and households and services which will create new dynamics in the electricity market, bringing down cost and benefiting carbon reduction. ‘Sector coupling: Creating an interconnected decarbonized energy system benefiting industry, the power sector and society’’ is based on quantitative... ... More: Official Press Release DNV GL

Keywords:

DNV GL, sectour coupling, taxation, renewable energy, fossil, Europe, fuel, transport, household, industry, customer, oversupply, tax, grid