Over the past 15 years, installed generation capacity globally has doubled and the need for electricity is not expected to decrease in the coming decade. Despite a certain return to coal in recent years, it is renewable energy sources that will lead the development forward.
We are very committed to the future development of power generation. In Europe, we are facing challenges with rising gas prices and the phasing out of nuclear power. This has led to a lack of the necessary baseload during the coldest, darkest and windiest days of the year, which in turn has resulted in high electricity prices and government subsidies. This needs to be counteracted, for example by increasing investment in solar and wind power, while energy storage and control technology must be further developed.
We are happy to talk about the future of power generation, so please get in touch if you want to know more!