Monthly Archives: May 2009

Concentrated solar power could meet up to 7 percent of the world’s power needs by 2030 and fully one quarter by 2050

Concentrated solar power could meet up to 7 percent of the world’s power needs by 2030 and fully one quarter by 2050.

The 3rd joint report from Greenpeace International, the European Solar Thermal Electricity Association (ESTELA) and IEA SolarPACES since 2003. With every edition we have increased the projected market volume significantly, and it finally turned over a billion dollars in 2008, this amount could double in 2009. While we highlighted in our first joint report the huge market potential, we were able to move to another message in 2005 when we launched the second report in Egypt: “CSP is ready for take off!”.

We now are delighted to say “CSP has taken off”, is about to step out of the shadow of other renewable technologies and can establish itself as the third biggest player in the sustainable power generation industry. CSP does not compete against other renewable energies; it is an additional one that is now economically viable.

Fighting climate change is paramount as such it is essential that the power generation sector becomes virtually CO2 free as soon as possible. Greenpeace and the European Renewable Industry Council developed a joint global vision – the Energy [R]evolution scenario – which provides a practical blueprint for rapidly cutting energy-related CO2 emissions in order to help ensure that greenhouse gas emissions peak and then fall by 2015. This can be achieved while ensuring economies in China, India and other developing nations have access to the energy that they need in order to develop. CSP plays an important role in this concept.

The Global CSP Outlook 2009 goes actually one step further. While the moderate CSP market scenario is in line with the Energy [R]evolution scenario, the advanced scenario shows that this technology has even more to offer. Globally, the CSP industry could employ as many as 2 million people by 2050 who will help save the climate and produce up to one quarter of the world’s electricity. This is a truly inspiring vision. Especially as this technology has developed it’s very own striking beauty – the stunning pictures in this report show that saving the climate look spectacular.

 

 

President Obama today announced over $467 million from the American Reinvestment and Recovery Act

President Obama today announced over $467 million from the American Reinvestment and Recovery Act to expand and accelerate the development, deployment, and use of geothermal and solar energy throughout the United States. The funding announced today represents a substantial down payment that will help the solar and geothermal industries overcome technical barriers, demonstrate new technologies, and provide support for clean energy jobs for years to come. Today’s announcement supports the Obama Administration’s strategy to increase American economic competiveness, while supporting jobs and moving toward a clean energy economy.

“We have a choice. We can remain the world’s leading importer of oil, or we can become the world’s leading exporter of clean energy,” said President Obama. “We can hand over the jobs of the future to our competitors, or we can confront what they have already recognized as the great opportunity of our time: the nation that leads the world in creating new sources of clean energy will be the nation that leads the 21st century global economy. That’s the nation I want America to be.”

“We have an ambitious agenda to put millions of people to work by investing in clean energy technology like solar and geothermal energy,” Energy Secretary Steven Chu said. “These technologies represent two pieces of a broad energy portfolio that will help us aggressively fight climate change and renew our position as a global leader in clean energy jobs.”

Geothermal Energy

Geothermal energy is a clean source of renewable energy that harnesses heat from the Earth for heating applications and electricity generation; geothermal plants can operate around the clock to provide significant uninterrupted “base load” electricity, or the minimum amount a power utility must provide to its customers.

The Recovery Act makes a $350 million new investment in this technology, dwarfing previous government commitments. Recovery Act funding will support projects in four crucial areas: geothermal demonstration projects; Enhanced Geothermal Systems (EGS) research and development; innovative exploration techniques; and a National Geothermal Data System, Resource Assessment and Classification System.

Geothermal Demonstration Projects ($140 Million)

Funding will support demonstrations of cutting-edge technologies to advance geothermal energy in new geographic areas, as well as geothermal energy production from oil and natural gas fields, geopressured fields, and low to moderate temperature geothermal resources.

Enhanced Geothermal Systems Technology Research and Development ($80 Million)

Funding will support research of EGS technology to allow geothermal power generation across the country. Conventional geothermal energy systems must be located near easily-accessible geothermal water resources, limiting its nationwide use. EGS makes use of available heat resources through engineered reservoirs, which can then be tapped to produce electricity. While the long-term goal of EGS is to generate cost competitive clean electricity, enabling research and development is needed to demonstrate the technology’s readiness in the near-term.

Innovative Exploration Techniques ($100 Million)

Funding will support projects that include exploration, siting, drilling, and characterization of a series of exploration wells utilizing innovative exploration techniques. Exploration of geothermal energy resources can carry a high upfront risk. By investing in and validating innovative exploration technologies and methods, DOE can help reduce the level of upfront risk for the private sector, allowing for increased investment and discovery of new geothermal resources.

National Geothermal Data System, Resource Assessment, and Classification System ($30 Million)

The long-term success of geothermal energy technologies depends upon a detailed characterization of geothermal energy resources nationwide. In 2008, the United States Geological Survey (USGS) conducted an assessment of high temperature resource potential in the Western United States. To fully leverage new low-temperature, geopressured, co-production, and EGS technologies, DOE will support a nationwide assessment of geothermal resources, working through the USGS and other partners. Second, DOE will support the development of a nationwide data system to make resource data available to academia, researchers, and the private sector. Finally, DOE will support the development of a geothermal resource classification system for use in determining site potential.

Solar Energy

Solar energy is a rapidly expanding industry with a double-digit annual growth rate in the United States. DOE is focused on supporting the U.S. industry’s scaling up of manufacturing, production, and distribution so the technology can become cost competitive with conventional sources of energy. DOE will provide $117.6 million in Recovery Act funding to accelerate widespread commercialization of clean solar energy technologies across America. These activities will leverage partnerships that include DOE’s national laboratories, universities, local government, and the private sector, to strengthen the U.S. solar industry and make it a leader in international markets.

Photovoltaic Technology Development ($51.5 Million)

DOE will expand investment in advanced photovoltaic concepts and high impact technologies, with the aim of making solar energy cost-competitive with conventional sources of electricity and to strengthen the competitiveness and capabilities of domestic manufacturers.

Solar Energy Deployment ($40.5 Million)

Projects in this area will focus on non-technical barriers to solar energy deployment, including grid connection, market barriers to solar energy adoption in cities, and the shortage of trained solar energy installers. Combined with new technology development, these deployment activities will help clear the path for wider adoption of solar energy in residential, commercial, and municipal environments.

Concentrating Solar Power Research and Development ($25.6 Million)

This work will focus on improving the reliability of concentrating solar power technologies and enhancing the capabilities of DOE National Laboratories to provide test and evaluation support to the solar industry.

For information on these and other Funding Opportunities under the Recovery Act, visit the U.S. Department of Energy’s Recovery And Reinvestment Act page on Funding Opportunities.

Chinese solar firms pledge US¢15/kWh cost by 2012

Xinhua Economic News (21 MAY 2009)

BEIJING, May 21, 2009 (Xinhua via COMTEX) — Major solar cell makers in China have recently signed a joint statement, pledging to cut the PV power generation cost by 2012 to one yuan/kWh, a critical point believed by most industry experts that may trigger off the large-scaled application of solar PV system in the country.

A total of 13 solar cell makers including Suntech Power (STP.NYSE), Yingli Green Energy (YGE.NYSE), JA Solar (JASO.NASDAQ), LDK Solar (LDK.NYSE), SINO-SI, GCL Silicon, Xinguang Silicon, Emei Semiconductor Materials Plant, Jiangsu Sunda, endorsed the statement in the annual solar PV industry conference held in Luoyang.

The drastic fall in the polysilicon price and the fast localization of the PV industry chain have made it possible to slash the PV solar power generation cost to one yuan/kWh by 2012, said a solar firm executive.

Polysilicon, the major raw material of solar cell, had made up about 70 percent of PV solar cell cost before October 2008, when it was priced at as high as more than 400 US dollars/kg. The proportion fell to less than 40 percent in early April when its price plunged to less than 100 US dollars/kg.

Industry insiders predict that the polysilicon price will further drop because the production cost in China is about 50 US dollars/kg, and the production capacity has been in excess.

Now Chinese solar enterprises hope to awake the huge potential demand for solar batteries in the domestic market through joint effort to lower the PV power generation cost. Chinese PV solar cell market hasn’t been triggered off on a large scale, which has been the weakest link of China’s PV industry and is also the link for the biggest price fall.

China’s current PV power generation cost is about 1.5 yuan/kWh on average according to the latest bidding for the 10 MW solar power plant in Dunhuang, Gansu.

Every dollar the federal government invests in R&D comes back in $4 in taxes on average over the entire life of the technology.”

– Walajalabad Sampath, Professor, CSU.

– Secretary Chu: President’s Energy Budget Creates Jobs, Restores America’s Scientific Leadership and Puts Nation on the Path to Energy Independence
May 07, 2009
U.S. Energy Secretary Steven Chu today detailed President Barack Obama’s $26.4 billion fiscal year (FY) 2010 budget request for the Department of Energy, highlighting the administration’s commitment to transformational discoveries, breakthrough science, and innovative technologies in the nation’s effort to secure reliable, clean, safe, and secure energy, create new jobs, and fight climate change. While the budget makes important investments in energy independence and job creation, it also cuts back on programs that don’t work as well or are no longer needed.
“The President’s budget for energy reflects his commitment to ending our dependence on foreign oil, restoring our scientific leadership, and putting Americans back to work through investments in a new green energy economy,” Secretary Chu said. “It also demonstrates his commitment to using taxpayer dollars wisely—cutting spending on programs we don’t need so we can make strategic investments in our economic future.”
The President’s FY10 budget complements $38.7 billion the Department of Energy will invest as part of American Recovery and Reinvestment Act. Specifically, the President’s FY10 budget:
• Cuts funding for programs that aren’t needed or aren’t as effective as other investments—like more than $200 million in oil and gas company research that the companies can and do fund on their own.
• Substantially expands the use of clean, renewable energy sources while improving energy transmission infrastructure.
• Supports the administration’s goal to develop a smart, strong and secure electricity grid.
• Helps restore America’s leadership in scientific research and innovation—including transformative science that can lead to a new generation of clean energy jobs.
• Makes significant investments in low-emissions plug-in and hybrid vehicles, nuclear energy, and clean coal technologies as part of the Obama Administration’s aggressive effort to reduce greenhouse gas production.
• Supports the ongoing security of our weapons stockpile, continued efforts at nuclear non-proliferation and ongoing environmental cleanup and legacy management as part of the Department’s long-term stewardship responsibilities.