Berlin, 06/18/2015 -
This year, the theme of the Danish Energy Summit was “Will the green go black?” In other words: “Will the transition to green energy turn a profit?” It is perhaps a loaded question. Some believe that it will never be profitable and argue in favor of government support; others feel that it is profitable already. The opinions are numerous, as are the suggestions for how to make green energy profitable. These range from huge thermal storage systems to intelligent controls to battery storage.
The most likely scenario, however, is that there will not be just one single solution. Instead, several ideas will be volunteered. Technological leaps will be achieved and political decisions will be made that are sure to sharply divide opinion as well as the efforts devoted to the green transition. In the near future, we will most likely continue to make technological and economic progress that could eventually reveal where the future – and not to mention the profit – for green energy lies.
For Bosch, this future lies in integrating several different business areas that work together successfully. This means closely connecting physical products and software, internet, and cloud-based technology. One area where Bosch can apply this approach is in the energy sector.
As the energy sector moves away from centralized large-scale power generation, heat pumps and renewable energy sources such as wind power and photovoltaics are becoming increasingly important. This development could result in a need for industrial heat pumps, large battery storage systems, and the software necessary to intelligently control these assets. Or part of the answer might lie with private customers, in a combination of heat pumps, battery storage, and possibly photovoltaic units or household windmills. This arrangement would also involve an intelligent control system and cover both production and consumption.
Bosch offers solutions for most of these areas, and we believe that the ultimate solution will be the one that benefits the end user the most, in terms of both quality of life as well as costs.
Bosch participated in the Danish Energy Summit 2015 in order to raise its profile in this highly developed market and to present our solutions and perspectives on how the green can go black. When Bosch divisions work closely together, they can make this very broad scope of products, solutions, and services possible – from Bosch Thermotechnology’s private and industrial heat pumps and Bosch Power Tec’s battery storage facilities to networking software solutions by Bosch Software Innovations.