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Industry electrification in a renewable power system

This paper is about the gradual electrification of industry and its relation to the growing penetration of variable renewable electricity generation. The interaction between these developments can significantly reduce the challenges associated with either of them.

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For industry, the primary path towards decarbonization is electrification, preferably using renewable sources. In this report, we looked at using opportunity demand for industrial heating, i.e. heat supply that is capable of switching between gas boilers and electric boilers depending on the price difference between natural gas and electricity.

White paper of DNV Group Research & Development, April 2023