Renewable energy shift ‘could change global distribution of power’

The Mohammed bin Rashid Solar Park in Dubai is the largest single-site concentrated solar power project in the world. Source: Reuters

A new age of energy will alter the global distribution of power, a report from the International Renewable Energy Agency says.

The report states the effect of the rapid growth in renewable energy on geopolitics and socio-economics may be as significant as the impact of fossil fuels two centuries ago.

This could mean the redistribution of global power, the formation of new global alliances and lead to the emergence of new energy leaders. The transformation, the report says, will “change energy statecraft as we know it”.

“Fundamental changes are taking place in the global energy system that will affect almost all countries and will have wide-ranging geopolitical consequences,” the report says. Continue reading “Renewable energy shift ‘could change global distribution of power’”

EDF Renewables & Shell form joint venture & invest in New Jersey offshore wind

EDF Renewables North America and Shell New Energies US LLC announced that the companies have formed a 50/50 joint venture, Atlantic Shores Offshore Wind, LLC to co-develop OCS-0499 lease area within the New Jersey Wind Energy Area (WEA). The lease area holds the potential to produce approximately 2,500 MW of offshore wind energy – enough to power close to one million homes.

This transaction is subject to regulatory approvals. Construction is subject to positive final investment decision.

The lease comprises 183,353 acres about eight miles off the coast of Atlantic City on the U.S. Outer Continental Shelf (OCS). The area offers strong and steady wind resources in relatively shallow water, close to large population centers with associated electricity demand.

“Shell has bold ambitions to grow our renewable power business and we see great potential in U.S. offshore wind,” said Dorine Bosman, VP Shell Wind Development. “Gaining access to this acreage in New Jersey complements our successful entry to Massachusetts and our existing renewable generation business. Building on the strength of our brand and global presence allows us to continue providing our customers with more and cleaner energy.” Continue reading “EDF Renewables & Shell form joint venture & invest in New Jersey offshore wind”

Ecolab to Support Clearway’s US Renewable Energy Projects

US-based water, hygiene, energy technologies and services provider Ecolab has agreed to provide support for Clearway Energy Group’s US renewable energy projects, including a 419MW wind farm, Mesquite Star, located in Fisher County, Texas.

Under a virtual power purchase agreement (VPPA), Ecolab will support the construction of 100MW of new renewable electricity capacity within the Mesquite Star wind farm.

In 2015, Ecolab signed 5MW of community solar subscriptions with Clearway in Minnesota.

Ecolab corporate sustainability vice-president Emilio Tenuta said: “We continually work to improve the sustainability footprint of our customers’ and our own operations, and the renewable electricity generated from the Mesquite Star wind farm will help us reduce our greenhouse gas emissions 25% by 2020 versus a 2015 baseline.” Continue reading “Ecolab to Support Clearway’s US Renewable Energy Projects”

More Than 680 Gigawatts Of New Wind Power To Come Online By 2027

More than 680 gigawatts (GW) of new wind power is expected to come online around the globe in the next decade, according to new research from Wood Mackenzie Power & Renewables.

Wood Mackenzie announced this week that it had upgraded its Global Wind Power Market Outlook Update: Q4 2018 by 2% compared to only a quarter ago, with the majority of the expected growth to occur in the medium-term, boosting annual capacity additions from 2020 to 2023 by an average of 2.7 GW.

However, it is the long-term outlook which is most impressive, with Wood Mackenzie analysts forecasting that more than 680 GW worth of new wind power — both onshore and offshore — will be brought online through 2027.

In Europe, Wood Mackenzie expects the maturation of the region’s offshore wind sector will act as a strong driver of growth, while both Japan and South Korea are expected to boast an offshore base of over 2 GW each — not bad, considering neither country has more than 100 megawatts worth of offshore capacity. Continue reading “More Than 680 Gigawatts Of New Wind Power To Come Online By 2027”

More French wind will mean cheaper electricity

Large-scale deployment of wind and solar capacity, combined with progressive closures of nuclear plants, is the best way to reduce the cost of electricity, according to a new report by the French Environment and Energy Management Agency (Ademe).

The report compares seven scenarios for the evolution of France’s electricity mix 2020-2060 from a purely economic standpoint.

It concludes that the optimum is for renewables to supply around 85% of demand in 2050 and at least 95% in 2060. This compares to roughly 20% today.

The report will feed into the debate now taking place on France’s recently announced draft energy plan, or PPE.

Importantly, Ademe takes a long-term perspective, looking forward to 2060. Continue reading “More French wind will mean cheaper electricity”

Can Renewable Energy Solve the Global Water Crisis?

You may feel used to stepping up to the faucet, turning the handle and immediately unleashing a steady stream of water, but that’s not the case for many people around the world. For approximately 2.1 billion people — that’s roughly 30 percent of the world’s population — clean water to drink isn’t a given. The World Health Organization (WHO) notes this is the number of people without instant access to safe drinking water at home, and the results of drinking contaminated water are catastrophic.
Can Renewable Energy Solve the Global Water Crisis?

Without clean drinking water, disease spreads. And it hits those with compromised immune systems, such as children, harder than others. In fact, WHO also states that a whopping 361,000 children under the age of five die every year due to a common and seemingly innocuous complication of drinking contaminated water — diarrhea.

But there is a ray of hope. Renewable sources of energy could drastically reduce the amount of fresh water the world requires. Continue reading “Can Renewable Energy Solve the Global Water Crisis?”

Windy Weather Carries Britain to Renewable Energy Record

Photograph: Darren Cool/E.On/PA

Storm Diana brought travel chaos to road, rail and airports, but the clouds did have a silver lining: the strong winds helped set a renewable energy record.

Windfarms supplied about a third of the UK’s electricity between 6pm and 6.30pm on Wednesday, a time of peak energy demand. Output hit a high of 14.9GW, beating a previous record of 14.5GW.

The milestone coincides with the official opening on Friday of E.ON’s Rampion windfarm off the coast near Brighton, which is the first in the Channel and can power about 350,000 homes.

Blustery weather has buoyed wind output in the past few days, with National Grid reporting thousands of wind turbines were the UK’s No 1 source of power across Wednesday and Thursday, at about 32% of generation. Gas power stations are usually top. Continue reading “Windy Weather Carries Britain to Renewable Energy Record”

Why Governments Are Less Important To Renewable Energy, As Demonstrated By Spain

Flickr/Som Energia Cooperativa

Spain’s government has set the target for 100% of its electricity to come from renewables by 2050, but the reality is that the private sector will probably have more to do with hitting that target than the authorities in Madrid. It will probably happen sometime before 2050 as well.

Solar power is already the cheapest form of power when compared to market prices. The chief of the country’s solar trade association claimed last year that there was a pipeline of 29GW of photovoltaic (PV) projects proposed for private companies. That is to say, projects that will be for the sole use of large energy users and either directly or virtually plugged into their facilities. The power purchase agreements (PPAs) are popular among the likes of Facebook and Google in the US and for nervous investors, they offer projects to sink their capital into without taking on the risk associated with relying on a government. Their hesitancy is understandable. Continue reading “Why Governments Are Less Important To Renewable Energy, As Demonstrated By Spain”

Global Wind Turbine Market Value To Hit $48 Billion By 2022, Led By APAC

The global wind turbine market is expected to continue to grow over the next few years, according to new figures published by analysts GlobalData, with market value estimated to be $47.83 billion in 2022, up from $44.75 billion in 2017, driven primarily by onshore development

GlobalData published a new report last week which claimed that the global wind turbine market will surf the wave created by renewable energy global investment trends aimed at addressing power sector challenges. The authors of the report point out the obvious, that “solar and wind are prevalent due to the availability of resources across the world” and that “Power sectors in countries are moving towards improving energy security, self-sufficiency, and addressing climate change issues; driving the utilization and deployment of clean energy technologies such as wind as a power generation source.”

With regards the wind turbine market specifically, GlobalData expects the Asia Pacific region to lead the way, with a market value in 2022 of $17.24 billion and an aggregate market value of $93.85 billion. They will be followed by the EMEA region (Europe, Middle East, and Africa) with an aggregate market value of $88.77 billion — although, it’s worth noting, GlobalData expects EMEA to “outrun” the Asia Pacific region in terms of market value for offshore wind installations, as compared to wind as a whole Continue reading “Global Wind Turbine Market Value To Hit $48 Billion By 2022, Led By APAC”

Will the clean energy revolution enhance energy security?

Over the next few decades the world’s energy systems will undergo a seismic revolution, with a transformation on a massive scale as renewable energy takes over from fossil fuels. This will be driven not only by the urgent imperative to address climate change, but also by the overwhelming economics of renewable energy.

This article examines the implications of the energy revolution for national security. The analysis is in three parts:
the implications for the security of supply chains; the shift from a centralised energy generating system to a disseminated network of myriad energy sources; and the implications for cyber security.

The first and most marked change in the energy security balance will be the shift away from traditional fuel supply lines,
and the disappearance of dependence on foreign energy sources for many nations.

The ability to exploit indigenous renewable energy (including solar photovoltaics, wind, concentrated solar thermal, geothermal, wave and tidal generation) will mean nations rely less and less on imported fossil fuels such as coal, oil and gas.

Continue reading “Will the clean energy revolution enhance energy security?”