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- Sylvain Cognet-Dauphin
The decarbonization of the power sector will transform the role of thermal assets. Increasing renewable penetration will reduce the need for thermal generation. At the same time, thermal plants will remain necessary in the medium term to back up variable renewables and ensure supply security. How will decarbonization impact thermal plants’ operation and business? How will new developments allow conventional thermal technologies (hydrogen, carbon capture, bioenergy) to remain part of a low-carbon power system?
Referred to as either pink or yellow, nuclear power provides a stable source of electricity to produce hydrogen. Can hydrogen production provide a new source of revenue for existing nuclear plants? Can new nuclear provide a thermochemical production option?
Session description coming soon.
As more intermittent generation resources are added to the electric power system and thermal and nuclear assets are retired, firm and flexible generation resources are becoming scarcer. Meanwhile, reliability is being challenged by the increasing occurrence of extreme weather. How will power prices and ancillary service markets evolve over time? What does it mean for utilities and developers that are looking to maximize the value of their investments? What technologies and resources can capture the most value in a low-carbon power market?