Today our CEO Dr Christian Thiel joined the 22nd Annual German Norwegian Energy Forum in Berlin. The forum took place in the Norwegian Embassy where 140 experts discussed ways to reach the goals set out in the Paris Agreement. It was widely agreed that a mix of energy sources and energy storage technologies will be necessary in order to achieve the goals and to ensure security of energy supplies.
- Today our CEO Dr Christian Thiel joined the 22nd Annual German Norwegian Energy Forum in Berlin. The forum took place in the Norwegian Embassy where 140 experts discussed ways to reach the goals set out in the Paris Agreement.
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Smart grids connect generation, consumption, and storage – turning energy planning into a strategic discipline. Power-to-heat and thermal storage technologies show how industrial companies can combine flexibility with supply security.
Demand side management with thermal storage enables industrial companies to decouple electricity supply and heat demand over time. This makes it possible to take targeted advantage of price fluctuations without adjusting production.
Volatile power prices pose a challenge, but they also create opportunities for companies with flexible demand. Power-to-heat solutions combined with storage not only ensure a reliable heat supply but also offer economic benefits through targeted flexibility trading.