Technical and economic assessment for the EU in 2030
Smart electrification in energy-intensive industries holds the key to unlocking benefits both for the wider energy system and directly at installation level. This smartEn and Compass Lexecon study focuses on the latter, showing how the smart electrification of industrial processes not only supports decarbonisation but also creates new revenue streams and strengthens competitiveness.
Importantly, the benefits highlighted here represent only part of the overall picture. When aggregated, the potential for monetisation can grow even further. The report explores these opportunities by assessing the potential value of electricity demand flexibility in five different energy-intensive industries: steel and iron, aluminium, paper, glass and cement.
