Future of Energy

Hi everybody,

I met my colleagues from TheEnergyBlog at the Hanover Messe this year. We had a long talk about the energy transition and efficient power supply. We also discussed the future of energy and my personal vision for 2050. We even shared a laugh over a few anecdotes about my student days. I would like to share these thoughts and my vision of the future with you, too. So here are my ideas on: how to make energy supply more efficient; the technologies that could play an important role for energy generation; how industrial production might look in future; and the impact of these changes on our everyday lifes.
I look forward to your comments and thoughts.

All the best,
Michael Weinhold

Part 1 of my insights into the future of energy from an interview given at Hannover Messe on April 8:

Our energy system is in transition and this will only speed up as we head for 2050 according to Siemens Energy CTO Prof. Dr. Michael Weinhold.

Speaking at the Future of Energy Forum at Hannover Messe on Tuesday, 8 April he said that electrification and digitization will become exponentially more important in our daily lives. Further, Weinhold made the point that Siemens has been a leading player in the electrical energy sector since the inception of the industry over 160 years ago and that, going forward, it is destined to be the global pacesetter for the Future of Energy. He believes Siemens will show the way in four areas that are essential to the future of sustainable energy delivery. These include the efficient and flexible management of renewable and non-renewable resources; continuous improvement to grids – “The glue that holds it all together”; advances in energy storage; and end usage or the application of electrical energy.

Prof. Dr. Weinhold insight into future developments in these four areas will be individually covered in a series of further posts.

Speaking about more general trends that impact future energy, he had this to say: “The energy revolution requires a complete system adaptation, which will lead us to sustainable power generation and the ability to ensure stable electricity supply at internationally competitive electricity prices.”

In Weinhold’s view the technologically advanced products and solutions of today point the way to the solutions of tomorrow: These technologies include Big Data, HVDC PLUS / full bridge, the Electrolyzer, Smart Generation Solutions, neural networks and more.

“Not only new technologies, but also new business models are essential to master the transition towards higher efficiency and a sustainable business.” He believes automation and digitization are further key factors for success in meeting the world’s need for sustainable energy solutions: “Without modern IT and the ability to exploit Big Data we simply cannot realize the Smart Grids of the future,” he said.

Photo Credit: Future of Energy/shutterstock