The European energy landscape is changing constantly and fast, and there are two main factors that radically influence the conditions for the players in the energy market: the energy transition and the digital revolution. New digital developments offer great opportunities for companies from the energy sector to closer cooperate with companies outside the sector’s traditional value chain in order to realise a smart and efficient green and digital transition. Modesty and professional ambition should balance each other in this challenging field of work, or in the words of Thomas Egebo, CEO at TSCNET shareholder Energinet, the Danish transmission system operator (TSO): “We don’t have all the answers, but we would like to be part of the solution.”
On behalf of Energinet and the European Network of Transmission System Operators for Electricity (ENTSO-E), Thomas Egebo was the host of the Digital Round Table on 24 May in the Danish Capital of Copenhagen. High-level representatives from Microsoft, GE Power, Renault, Envision ‒ China’s second-largest wind turbine company ‒ and other international companies and organisations attended the event to discuss the impact of new technologies and digitalisation on the energy sector and the possibilities for new partnerships between companies from the traditional energy sector and other companies.
Many of the prospective solutions are still unknown to us today, but it is certain that data is essential for the energy future. Energinet wants to be a catalyst in this area to help market participants create products of the future. Thomas Egebo explained that a TSO such as Energinet can supply production data and information about the state of the network to businesses and consumption data to individual consumers. “Data is something that everyone can tap into, as well as a crucial element of the new business models, in which consumers can make a real difference in contributing to the integration of renewable energy,” commented Mr Egebo.
Picture: Digital Round Table by Energinet