Managing uncertainty in an era of increasing power demand : Towards the realization of S+3E
The electricity demand is expected to increase due to digitalization in various sectors and the industrial transition towards decarbonization. However, there is significant uncertainty regarding the extent and timing of this increase. To achieve the S+3E (Safety and Energy security, Economic efficiency, and Environmental sustainability) in the power system amidst such uncertainties, a comprehensive approach that leverages the strengths of various power sources is essential.
In this report, we explore the future outlook for electricity demand and examine strategies to address the anticipated increase in demand.