Tag: fossil fuels

Is renewable-rich the new oil-rich?

2 June 2020

Power generation
Aerial view of hundreds solar energy modules or panels rows along the dry lands at Atacama Desert, Chile. Huge Photovoltaic PV Plant in the middle of the desert from an aerial drone point of view

We’re all familiar with the phrase ‘oil-rich’ nations, but as low carbon energy sources become ever more important to meeting global demand, renewable energy could become a global export. With a future favouring zero-carbon and even negative emissions innovation, here are some countries that are not only harnessing their natural resources to make more renewable energy, but are making progress in storing and exporting it.

Could these new opportunities lead us to one day deem them ‘renewable-rich’?

Could Europe import its solar power supply?

With the largest concentrated solar farm in the world, Morocco is already streets ahead in its ability to capture and convert sunlight into power. The 3,000 hectare solar complex, known as Noor-Ouarzazate, has a capacity of 580 megawatts (MW), which provides enough power for a city twice the size of Marrakesh.

Noor-Ouarzazate Power Plant, Morocco. Image source: ACWA Power

Its uses curved mirrors to direct sunlight into a singular beam that creates enough heat to melt salt in a central tower. This stores the heat and – when needed – is used to create steam which spins a turbine and generates electricity. This has helped keep Morocco on course to achieve its goal of deriving 42% of its power from renewable sources by the end of 2020, which potentially means a surplus in the coming years.

Morocco already has 1.4 gigawatts (GW) of interconnection with Spain, and another 700 MW is scheduled to come online before 2026. The country’s close proximity to Europe could make its solar capacity a source of power across the continent.

Africa’s geothermal potential

Olkaria II geothermal power plant in Kenya

Kenya was the first African nation to embrace geothermal energy and has now been using it for decades. In 1985, Kenya’s geothermal generation produced 45 MW of power – 30 years later, the country now turns over 630 MW.

Kenya’s ample generation of geothermal electricity is due to an abundance of steam energy in the underground volcanic wells of Olkaria, in the Great Rift Valley. In 2015, the region was responsible for providing 47% of the country’s power.

Currently the Olkaria region is thought to have a potential capacity of 2 GW of power, which could help to provide a source of clean energy for Kenya’s neighbours. However, there is potential for the rest of East Africa to generate its own geothermal power.

In this region of the continent there is an estimated 20 GW of power generation capacity possible  from stored geothermal energy, while the demand for the creation of usable grids that can connect multiple countries is high. Kenya is currently expanding its own grid, installing a planned 3,600 miles of new electrical wiring across the country.

Winds of change

China’s position in the renewable energy market is already up top, with continuous investment in solar and hydro power giving it a renewable capacity of more than 700 GW

The country is also home to the world’s largest onshore wind farm, in the form of the Gansu Wind Farm Project, which is made up of over 7,000 turbines. It is set to have a capacity of 20 GW by the end of 2020, bringing the nationwide installed wind capacity to 250 GW.

With China exporting more than 20,000 gigawatt-hours (GWh) of electricity in 2018, large scale renewable projects can have a wide-reaching effect beyond its borders. South-Asia is the primary market, but excesses of power in Western China have stoked ideas of exporting power as far away as Germany.

Can the US store the world’s carbon?

In the quest for zero-carbon energy it won’t just be nations that can export excess energy that could stand to profit – those that can import emissions could also benefit.

While many countries are developing the capabilities to capture carbon dioxide (CO2), storing it safely and permanently is another question. Having underground facilities that can store CO2 creates an opportunity to import and sequester carbon as a service for other nations. Norway is already doing it, but the US has the greatest potential thanks to its abundance of large underground storage capabilities.

The Global CCS Institute highlights the US as the country most prepared to deploy carbon capture and storage (CCS) at scale, thanks to its vast landscape, history of injecting CO2 in enhanced oil recovery, and favourable government policies.

The Petra Nova plant in Texas is also known as the world’s largest carbon capture facility. The coal-power station captured more than 1 million tonnes of CO2 within the first 10 months of operating as a 654 MW unit.

Carbon capture facility at the Petra Nova coal-fired power plant, Texas, USA

Chile’s hydrogen innovation

Hydrogen is becoming increasingly relevant as an energy source thanks to its ability to generate electricity and power transport while releasing far fewer emissions than other fossil fuels.

Chile was an early proponent of energy sharing with its hydrogen programme. The country uses solar electricity generated in the Atacama Desert (which sees 3,000 hours of sunlight a year), to power hydrogen production in a process called electrolysis, which uses electricity to split water into oxygen and hydrogen.

Chile plans to export the gas to Japan and South Korea, but with global demand for hydrogen set to grow, higher-volume, further-reaching exporting of the country’s hydrogen could soon be on the way.

Going forward, these green innovations – from carbon storage to geothermal potential – could increasingly be shared between countries and continents in an attempt to lower the overall carbon footprint of the world’s energy. This could create a global power shift toward nations which, rather than having high capacity for fossil fuel extraction, can instead use a different set of natural resources to generate, store and export cleaner energy.

3 ways decarbonisation could change the world

27 June 2017

Sustainable business

Mitigating climate change is a difficult challenge. But it’s one well within the grasp of governments, companies and individuals around the world if we can start thinking strategically.

On the behalf of the German government, The Internal Energy Agency (IEA) and the International Renewable Energy Agency (IRENA) have jointly published a report outlining the long-term targets of a worldwide decarbonisation process, and how those targets can be achieved through long-term investment and policy strategies.

At the heart of the report is a commitment to the ‘66% two degrees Celsius scenario’, which the report defines as, ‘limiting the rise in global mean temperature to two degrees Celsius by 2100 with a probability of 66%’. This is in line with the Paris Agreement, which agreed on limiting global average temperature increase to below two degrees Celsius.

Here are three of the findings from the report that highlight how decarbonisation could change the world.

The energy landscape will change – and that’s a good thing

Decarbonisation will by definition mean reducing the use of carbon-intensive fossil fuels. Today, 81% of the world’s power is generated by fossil fuels. But by 2050, that will need to come down to 39% to meet the 66% two degrees Celsius scenario, according to the report. But, this doesn’t mean all fossil fuels will be treated equally.

Coal will be the most extensively reduced, while other fossil fuels will be less affected. Oil use in 2050 is expected to stand at 45% of today’s levels, but will likely still feature in the energy landscape due its use in industries like petrochemicals.

Gas will likely also remain a key part of the energy makeup, thanks to its ability to provide auxiliary grid functions like frequency response and black-starting in the event of grid failure.

Renewables like biomass will likely play an increasing role here as well, particularly when combined with carbon capture and storage (CCS) technology.

Overall, renewable energy sources will need to increase substantially. In the report’s global roadmap for the future, renewables make up two thirds of the primary energy supply. Reaching this figure will be no mean feat – it will mean renewable growth rates doubling compared with today.

Everyday electricity use will become more efficient 

The report highlights the need for ‘end-use’ behaviour to change. This can mean everyday energy users choosing to use a bit less heat, power and fuel for transport in our day-to-day activities, but a bigger driver of change will be by investment in better, more efficient end-use technology – the technology, devices and household appliances we use every day.

In fact, the study argues that net investment in energy supply doesn’t need to increase beyond today’s level – what needs to increase is investment in these technologies. For instance, by 2050, 70% of new cars must be electric cars to meet decarbonisation targets.

Infrastructure design could also be improved for energy efficiency – smart grids, battery storage and buildings retrofitted with energy efficient features such as LED lighting will be essential. There’s also the possibility of increased use of cleaner building materials and processes – for example, constructing large scale buildings out of wood rather than carbon-intensive materials such as concrete and steel.

Decarbonisation will cost, but not decarbonising will cost more

The upfront costs of meeting temperature targets will be substantial. A case study used in the report estimates that $119 trillion would need to be spent on low-carbon technologies between 2015 and 2050. But it also suggests another $29 trillion may be needed to meet targets.

However, failure to act could mean the world will pay out an even higher figure in healthcare costs, or in other economic costs associated with climate change, such as flood damage or drought. Therefore, the sum for decarbonisation could end up costing between two and six times less than what failing to decarbonise could cost.

On top of this, the new jobs (including those in renewable fuel industries that will replace those lost in fossil fuels) and opportunities that will be created between 2015 and 2050 could add $19 trillion to the global economy. More than that, global GDP could be increased by 0.8% in 2050, thanks to added stimulus from the low carbon economy.

Achieving a cleaner future won’t be easy – it requires planning, effort, and the will to see beyond short-term goals and think about the long-term benefits. But as the report demonstrates, get it right and the results could be considerable.