• 5 hours Iraq Struggles To Replace Damaged Kirkuk Equipment As Output Falls
  • 10 hours British Utility Companies Brace For Major Reforms
  • 14 hours Montenegro A ‘Sweet Spot’ Of Untapped Oil, Gas In The Adriatic
  • 16 hours Rosneft CEO: Rising U.S. Shale A Downside Risk To Oil Prices
  • 17 hours Brazil Could Invite More Bids For Unsold Pre-Salt Oil Blocks
  • 18 hours OPEC/Non-OPEC Seek Consensus On Deal Before Nov Summit
  • 19 hours London Stock Exchange Boss Defends Push To Win Aramco IPO
  • 20 hours Rosneft Signs $400M Deal With Kurdistan
  • 22 hours Kinder Morgan Warns About Trans Mountain Delays
  • 1 day India, China, U.S., Complain Of Venezuelan Crude Oil Quality Issues
  • 1 day Kurdish Kirkuk-Ceyhan Crude Oil Flows Plunge To 225,000 Bpd
  • 2 days Russia, Saudis Team Up To Boost Fracking Tech
  • 2 days Conflicting News Spurs Doubt On Aramco IPO
  • 2 days Exxon Starts Production At New Refinery In Texas
  • 2 days Iraq Asks BP To Redevelop Kirkuk Oil Fields
  • 3 days Oil Prices Rise After U.S. API Reports Strong Crude Inventory Draw
  • 3 days Oil Gains Spur Growth In Canada’s Oil Cities
  • 3 days China To Take 5% Of Rosneft’s Output In New Deal
  • 3 days UAE Oil Giant Seeks Partnership For Possible IPO
  • 3 days Planting Trees Could Cut Emissions As Much As Quitting Oil
  • 3 days VW Fails To Secure Critical Commodity For EVs
  • 3 days Enbridge Pipeline Expansion Finally Approved
  • 3 days Iraqi Forces Seize Control Of North Oil Co Fields In Kirkuk
  • 3 days OPEC Oil Deal Compliance Falls To 86%
  • 4 days U.S. Oil Production To Increase in November As Rig Count Falls
  • 4 days Gazprom Neft Unhappy With OPEC-Russia Production Cut Deal
  • 4 days Disputed Venezuelan Vote Could Lead To More Sanctions, Clashes
  • 4 days EU Urges U.S. Congress To Protect Iran Nuclear Deal
  • 4 days Oil Rig Explosion In Louisiana Leaves 7 Injured, 1 Still Missing
  • 4 days Aramco Says No Plans To Shelve IPO
  • 6 days Trump Passes Iran Nuclear Deal Back to Congress
  • 7 days Texas Shutters More Coal-Fired Plants
  • 7 days Oil Trading Firm Expects Unprecedented U.S. Crude Exports
  • 7 days UK’s FCA Met With Aramco Prior To Proposing Listing Rule Change
  • 7 days Chevron Quits Australian Deepwater Oil Exploration
  • 7 days Europe Braces For End Of Iran Nuclear Deal
  • 7 days Renewable Energy Startup Powering Native American Protest Camp
  • 8 days Husky Energy Set To Restart Pipeline
  • 8 days Russia, Morocco Sign String Of Energy And Military Deals
  • 8 days Norway Looks To Cut Some Of Its Generous Tax Breaks For EVs
Is The Aramco IPO On The Brink Of Collapse?

Is The Aramco IPO On The Brink Of Collapse?

Conflicting news suggests that Saudi…

Why Petrol Powered Cars Aren’t Going Anywhere

Why Petrol Powered Cars Aren’t Going Anywhere

Internal combustion engines are still…

Scotland has a Plan to become World Leaders in the Smart Grid Sector

Scotland has a Plan to become World Leaders in the Smart Grid Sector

Scotland has set itself the renewable energy target of producing 100% of its electricity from renewable sources by 2020. A problem with renewable energy over traditional fossil fuels is that the power level generated varies greatly dependant on several factors, and this can put great stress on existing electrical grids, and cause problems of matching supply with demand for grid coordinators.

Smart Grids are digitally enabled grids that can accommodate changing patterns of demand and electricity generation. They help to easily and efficiently balance the different power levels coming from the renewable energy sources connected into the network. The increased efficiency reduces the price to the consumers and increases the reliability of the supply.

Smart Grids will be very important for Scotland’s renewable energy ambitions, and for this reason there are numerous world class Smart Grid research centres already exist in Scotland such as the Power Networks Demonstration Centre in Cumbernauld, the Electrical Power System Protection Laboratory of the University of Strathclyde and the Hydrogen Office in Fife; with even more currently in development, including the Clyde Gateway which is part of the Sustainable Glasgow initiative.

In May, at the All Energy conference in Aberdeen, First Minister Alex Salmond announced a new Smart Grid Strategy which plans to capitalise on the knowledge, expertise, and experience created during Scotland’s transformation to a renewable energy economy, in order to export that knowledge and experience and create a new sector of which Scotland will naturally become the world leader.

He predicts that nearly 12,000 jobs could be created by 2020 by developing just a few key areas such as including encouraging innovation, maximisation of the impact of pilot and demonstrator projects in Scotland, increasing awareness of energy management, development of a supply chain to seize economic opportunities for Scotland and improving dialogue and engagement across the sector and with related sectors.

By. Joao Peixe of Oilprice.com



Join the discussion | Back to homepage

Leave a comment
  • Ramakrishnan Haridas on June 11 2012 said:
    IT's quite an eye opener for the energy starving world economies. We should appreciate the brave and innovative move made by the Scotland towards the formation of new energy grid.

    when the current fossil fuel politics is pausing threat to the near future economics and world's power distribution strategies, it is the most appropriate move to create a parallel energy grid to balance the energy politics and energy economics.

    It is again appreciable that they have initiated at the right time. May more of the world economies be followed this great move.
  • Mike Haseler on June 11 2012 said:
    Just like Scottish Politicians all grids are smart ... when there's not enough wind blowing to create the electricity, they turn off.

    Likewise politicians, when there's not enough votes in renewables ... they stop.

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News