As the share of renewables in the energy mix increases, we need ways of managing the rapid variations in energy output from these sources. Because renewable energy production often depends on weather conditions, it can vary greatly from day to day and even hour by hour. To mitigate this intermittency, we need flexible power generation.
In simple terms, flexible power generation refers to the ability to quickly increase or decrease electricity output in response to changes in demand, supply, and market conditions. Equinor’s flexible generation business is focused on producing electricity in a way that adapts to the changing needs of energy systems.
Flexible generation assets, such as gas-fired power plants or other dispatchable technologies, are essential. They can fill the gaps when renewable output is low or when demand spikes, helping maintain a stable and reliable electricity supply.
For natural gas power plants, also called CCGTs, implementing carbon capture and storage or hydrogen offers an effective way to reduce CO2 output. Another important approach is integrating technologies that can store energy from renewable sources for later use – this is where battery storage comes in.
