Showing posts with label renewables. Show all posts
Showing posts with label renewables. Show all posts

Friday, November 28, 2014

UBS Utilities face “perfect storm” from renewables storage

ReNew Economy has an article on a recent report from UBS on the outlook for power utilities - UBS: Utilities face “perfect storm” from renewables, storage.
A new report from leading utilities analysts at investment bank UBS suggests that energy utilities in Europe, north America and Australia are facing a “perfect storm” from the falling costs of renewables, energy efficiency and falling demand, and may not be able to sustain their business models.

The report – entitled “Can utilities survive in their current form?” – is the latest in a series of assessments, reviews and analysis that point to the severe disruption to the centralized generation model, and the demand and supply dynamics that have governed the industry for the past few decades. To briefly summarise the UBS response to its own question, the answer is No.

UBS says the biggest impact on the current utility model will occur in developed markets, where renewables in general and distributed solar in particular will take more of an already depleted “demand pie.”

This, says UBS, will cause profits to fall and could force utilities, particularly generators, to look at greater exposure to renewables and distributed generation, and to other downstream services. It comes to a similar conclusion on this as the CSIRO Future Grid forum, and echoes some of the strategic decisions currently being mooted German energy giants RWE and E.ON.

“We expect the renewables onslaught to continue and that the going will only get tougher for conventional generators,” the UBS analysts write. “We believe the will need to examine and change their traditional business models to survive the renewables era.”

These new business models could include a greater focus on rooftop solar, energy efficiency, and consumer offerings that combined solar, storage, and electric vehicle infrastructure, as well as energy-efficient appliances.

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Thursday, November 27, 2014

Big nuclear power company decides renewables are a better bet in the U S

Grist reports that french nuclear power company EDF has decided that it is better to pursue renewable energy in the US rather than bating a dead horse - Big nuke company decides renewables are a better bet in the U.S..
The world’s largest operator of nuclear power plants is dumping its stake in American reactors, turning its focus instead to wind and solar power. French utility company EDF announced this week that it will sell its stake in Constellation Energy Nuclear Group (CENG), which operates five nuclear reactors in New York and Maryland.

EDF cited cheap power produced by fracked natural gas as the big reason why it’s abandoning its American nuclear facilities. But the company said it will now focus its American business strategy not on fossil fuels but on renewable energy.

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Thursday, October 16, 2014

The National Grid on Renewables

Technology review has a look at research into how to increase the penetration of renewable energy into national electricity grids - A Sneak Peek of the National Grid on Renewables.
A new $135 million research facility aims to solve a puzzle: how can countries prepare for an energy system that relies heavily on renewable energy? It can also test ways to improve reliability under stress, for example when demand soars in the summer as the air-conditioning load taxes the grid.

Because wind and solar energy supply power intermittently, they create challenges for grid operators. Other new energy technologies are coming online, too, including electric vehicles, energy storage, efficient buildings that cut power use during peak times, and small-scale natural-gas generators and fuel cells. Integrating these technologies on a large scale presents challenges to grid operators.

The National Renewable Energy Laboratory (NREL) in Golden, Colorado, created the Energy Systems Integration Facility (ESIF) to understand how to best operate the pieces of a more diverse energy system. Drawing on a supercomputer and power equipment that can create a megawatt-scale mini-grid within the facility, product engineers and utilities can simulate the impact of new technologies without causing problems to functioning grids.

Regions with a high percentage of wind and solar now rely on daily forecasts and stand-by fossil-fuel power plants to maintain reliable service. But once renewable energy is more than 20 percent of capacity, grid planners need more sophisticated tools, says Benjamin Kroposki, director of energy systems integration at NREL. “We saw this big shift. If we are successful in reaching cost targets for individual technologies, then what? You need to start doing systems integration,” he says.

An NREL analysis published last year found that, with a more flexible system, the U.S. could get 80 percent of its electricity from existing renewable energy technologies by 2050 (see “The U.S. Could Run on 80 Percent Renewable Electricity by 2050”). Germany and Denmark already have about 20 percent renewable electricity and Germany plans to achieve around 80 percent renewable energy, in both electric power and transportation, by 2050.

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Wednesday, October 15, 2014

Renewables vs nuclear energy What is better for climate change

The currently dominant fossil fuels are thought by many scientists to be the main culprits behind the climate change and global warming. If world really wants to tackle climate change it needs to move away from fossil fuels and focus more on other energy sources such as renewable energy and nuclear energy. This article will discuss which of these two is the better solution for climate change-renewable energy or nuclear?

Renewable energy certainly seems like the better solution than building more nuclear power plants, and this is not just because of the recent Fukushima accident. The accidents such as Fukushima and Chernobyl are rare but when they occur they are usually accompanied by massive environmental damage which is usually long-lasting, and difficult to clean up.

Nuclear power plants are extremely expensive to be built because they need to comply with number of different safety measures and also because they are technologically complex. Even choosing site for nuclear power station is very difficult because communities usually oppose having plant nearbye. Renewable energy technologies have been constantly dropping in prices, and its only matter of time before wind and solar become cost-competitive with fossil fuels, in fact if you calculate the total damage in environmental, social and health costs due to climate change and pollution then renewable energy is already better in terms of costs than fossil fuels.

The technologies used for nuclear power generation could be also used for the development of nuclear weaponry, and we must also not discount the possibility of terrorist attack, just imagine what could happen if some radical terrorist organization would take over the nuclear power plant.

Clean energy race is well on, and all countries of the world have been seriously considering their renewable energy options, in order to choose the one best suited for them. In many countries future nuclear power development has been pretty much abandoned and the golden age of nuclear power generation seems to be well behind us.

In the last 10-15 years, from 2000 upwards global renewable energy capacity has more than doubled. In 2012, in United States, renewable energy accounted for 56% of new electricity generation.

It would be wrong to say that we should abandon nuclear energy straight away because nuclear energy accounts to significant share of electricity generation in many countries of the world. The solution is to focus primarily on renewable energy sources such as solar and wind when discussing our energy future. Nuclear power had a pretty good run, and once current nuclear power plants end their lifetime we should consider replacing them with some of various renewable energy solutions.
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Friday, September 19, 2014

The north’s future is electrifying powering Asia with renewables

The Conversation has an article proposing an Asian supergrid supplied with renewable energy from Australia that reminded by a lot of the Grenatec proposal that has been floating around for a while now (but is still getting some press attention) - The north’s future is electrifying: powering Asia with renewables.
Imagine a project that could help Indonesia achieve energy security, dramatically cut energy poverty for hundreds of millions, catalyse renewable energy production in Assocation of South East Asian Nations (ASEAN) countries, cut regional carbon pollution, and transition Australia’s energy exports from risky fuels to renewable energy.

Sounds far-fetched? In fact, such a proposal has already been published in the international peer-reviewed literature. It takes several existing technologies already in widespread deployment, and joins them together in a new configuration on an unprecedented scale, in a region with enormous natural competitive advantage — north-western Australia.

Here’s the plan.

Take part (say 2,500 km2) of an existing cattle station somewhere near Lake Argyle and cover one third of it with solar panels on tracking arrays. Build a large reservoir upslope at least 300 metres above Lake Argyle, holding at least 1,000 gigalitres of water.

Build a 100 gigawatt power station that uses solar energy to pump water from the lake up to the upper reservoir. The water flows back down the hill through turbines at night, generating power to the grid 24 hours a day, 365 days a year.

Hundreds of “pumped hydro” schemes of this nature are already working well around the world, albeit not on this scale.

The “grid” in this case, would be an integrated south-east Asian supergrid, the spine of which would be a High Voltage Direct Current (HVDC) cable running from northern Australia along the Indonesian archipelago and up into the Philippines, Malaysia and Indochina, and then eventually into China.

The capital cost of building such a power station, storage and HVDC link and extending it as far as Jakarta is estimated at around US$500 billion. This compares with Indonesia’s current projections that it needs to invest US$1,000 billion in conventional (coal and nuclear) power stations to meet its energy needs over the next 40 years.

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