Solarplaza Summit | Belgium

22 key industrial companies were interviewed and we will present their key messages & requirements for the future energy strategy

Although the energy market is experiencing rapid expansion, its trajectory remains uncertain. The introduction of new technologies presents unparalleled opportunities, but simultaneously, soaring electricity prices throughout Europe may overshadow the effects of price cannibalization, which poses a threat to the long-term profitability of renewable energy. This session will analyze the risks involved and explore the most viable short- and long-term strategies to ensure a stable and profitable market growth. 

Storage solutions can provide new market opportunities for renewable energy by enabling greater integration of intermittent renewable sources into the grid, while supporting mitigation of variability of renewable energy production, providing a stable and reliable supply of electricity. Additionally, storage solutions can help to reduce energy costs by allowing businesses and households to shift their energy consumption from peak to off-peak periods. But is it all so rosy? This session will look at possible next steps to implement and leverage storage solutions for renewable energy in the Belgian market:

As the energy transition gains momentum and complexity, it necessitates the development of adequate Pan-European infrastructure to support the transition. Among the critical components, electricity grid flexibility and hybridisation may play a crucial role in facilitating new possibilities for the future. This session aims to explore the opportunities and challenges of making the Belgian grid more flexible and adaptive to the increasingly volatile and agile energy landscape.

The presentation will highlight the importance of unlocking flexibility in the power system to ensure efficient integration of rising volumes of wind and solar utilizing a concrete use case—barriers for flexibility need to be lifted. Improvements in market design need to make it easier for flexible devices, like electric vehicles, heat pumps, solar panels, etc.… to participate in the market. Smart meters and ‘flex-ready’ devices are part of the solution.

Nearly 10% of EU buildings are currently equipped with solar rooftop installations and the implementation of the EU solar rooftop mandate is set to boost the deployment. Simultaneously, the electrification of transportation and heating is being propelled by the increasing use of electric vehicles (EVs) and heat pumps. This panel of experts will explore these trends in sector integration through innovative business models, new technologies and legislative adoptions for new market opportunities.