Drivers of the energy transition
The energy system transformation involves numerous different aspects that are interlinked and interact with each other.
Energy companies play a key role by investing in the energy infrastructure to make this fit for the energy transition and reliable for the future. They also assume an important responsibility on behalf of society, namely to uphold supply reliability. The supply of electricity, gas, heat and water have to remain reliable and stable. As it progresses, the energy transition is giving rise to new questions, as the volume of electricity fed in from wind power or PV systems fluctuates in line with weather conditions and the time of day.
If the energy transition is to succeed, the transport and heat sectors will also have to use electricity from environmentally-friendly generation. And these developments will change demand for energy.
In the context of system transformation, there are four key factors that impact on MVV and play a major role both in its sustainability management and in its core business:
- Climate protection
- Society
- Technologies
- Regulation
Key features of these areas are presented in the table below: