Significant investments in the low voltage network
These three elements have a significant impact on the electricity and gas distribution networks, which raised two questions. First, were the networks ready? And if not, would we have sufficient time to adapt them?
We were able to gradually adapt the distribution networks. They were not in a situation of under investment. However, the pace at which we had to transform the networks had to accelerate around 2028-2030. The amount of required investment also increased rapidly, particularly in the low voltage network, which was put to the test because it is at this level that electric vehicles are being charged and solar panels and heat pumps are being connected. This also meant that we had to adapt our operations significantly. Until then, we were used to working mainly on the medium voltage network. The low voltage network is more fine-grained, spans over 50,000 km (1.25x the Earth’s circumference) and is situated along municipal roads.
In order to relieve the low voltage network as much as possible, we had to incentivize certain applications that used the medium instead of low voltage network, such as, for example, photovoltaic panels.
As far as ORES is concerned, we knew enough in 2022 about what was going to happen in the next years to launch projects and invest. So today, anno 2030, our networks are ready for the new uses we anticipated.
Data & infrastructure
Even in anno 2030, infrastructure remains the core business of a network operator. This does not mean that we neglect data. Together with software it is a key enabler to minimize our investments, allow efficient operation, unlock flexibility in the network, and offer new services to our customers. In order to avoid duplication of tasks, it was important that the distribution network and the transmission operator worked together to develop a unique, real-time data platform in Belgium, which was able to manage the significant amount of data.
Thanks to the investment in data, a whole new range of services have been proposed to consumers, by ORES but also by a large eco-system of companies, from startups to well established energy players.
These services have allowed consumers to take a much more active role regarding their energy use, by adapting their consumption depending on market conditions, by providing win-win flexibility services to the network operators, and by actively participating in energy communities. These new consumer behaviors, facilitated by investment in data, have been to the triple-benefit of the energy transition, reduced energy bills, and the sustainability of our energy network.
To support this energy transition and the electrification of society, ORES had to invest efficiently and accurately. In other words, we needed to get it right. We knew enough in 2022 about what was going to happen in the next years to launch projects. It was certainly not too early to put in place the required projects. We did not have the time to wait any longer. Today, in anno 2030, our networks are ready for the new uses we anticipated.