Whats changed in the power and energy industry in terms of renewable energy source?
Claus Myllerup. A lot of things have changed, but one of the most important aspects is the scale of production. The technology concerning renewable energy is still a fairly young technology if you compare it to say the oil and gas industry. Twenty years of development is not a long time, and even less when you consider the rapid changes in market structure that have happened over the last few years. Some countries have great experience with wind power, but others have gone directly from small scale production to major energy conglomerates setting up entire wind and solar farms. How is mass-scale production of renewable energy a technical challenge? Let’s use the wind power industry as an example. A wind turbine is an extremely complex piece of machinery. Getting the full return on investment from it means understanding its individual elements, but the truly crucial part is understanding how these parts operate together. The energy produced by a wind turbine is less stable than that pro