Ukrenergo again encourages readers to explore the vast of the energy news ocean. Join our crew, sailing in choppy waters, collecting extremely interesting and up-to-date news. Every Friday we moor our ship to share what we saw in the far seas with our readers.So today, to your attention:
1. EnBW, Bosch start up storage battery at coal-fired power plant. The German company Bosch and EnBW, a power company that supplies water, electricity and related services, have joined forces to create a new storage battery at EnBW’s coal-fired Heilbronn plant.
Bosch and EnBW established a joint venture as far back as 2017 to build a battery able to supply electricity to about 400 small households. The new battery will supply electricity to balance the energy market when demand exceeds the supply.
The most interesting thing in this collaboration is that for the first time the German industrial giants combine the seemingly opposite things – a battery built on «green» technologies with a traditional heavy coal-fired power plant. Typically, such facilities are created near alternative energy sources, as noted by the managing director of the joint venture, Ralph Klein.
The installed battery is relatively small, with a maximum performance of just 5 MW. For comparison, the well-known Elon Musk`s battery in Australia has a capacity of 100 MW. However, this is enough for the new battery to be able to stabilize changes in demand within the network for a few seconds, that will potentially help to solve balancing problems.
Storage batteries are becoming more and more popular. Recall that the largest producer of electricity in France, EDF has recently announced that by 2035 it will create 10 GW of energy storage facilities around the world. For this, the company will invest eight billion euros between 2018 and 2035. It is therefore not surprising that Bosch and EnBW also decided to enter the fast-growing market for energy-efficient technologies.
2. The unprecedented growth of GreenTech global market. The world market for so-called «green» technologies GreenTech will grow to 5.9 trillion euros as early as 2025. This conclusion is contained in «GreenTech-Atlas 2018», which was presented by the German Federal Ministry of the Environment, Nature Conservation and Nuclear Safety (Bundesumweltministerium). The analysis and calculations were carried out by the consulting company Roland Berger. The German report focuses more on Germany and its place in the global market for «green» technologies. However, it is also interesting for us in terms of understanding the trends of world energy.
According to research authors, in 2016 the volume of the global market for green technologies amounted to 3.2 trillion euros. In the period up to 2025 the average annual growth rate is expected to be 6.9%, what significantly exceeds the growth rate of the global economy, resulting in reaching the specified volume of 5.9 trillion euros. GreenTech is fairly seen as a driver for the growth and modernization of the national economy. For example, Germany occupied 14% of the global green technology market in 2016. The German «green» market will continue to grow by an average of 8.8% per year by 2025. It is predicted also that green manufacturing, storage and distribution of energy (RES, storage, smart grid, etc.) will grow globally from the current 667 billion euros to 1164 billion. In addition, the «green» economy is a large-scale employer. Only in Germany aforesaid sectors give employment to 1.5 million people. Thus, as is proved by Germany – investing in Green-Tech you invest in economic development.
3. The Year of Electricity at the IEA. 2018 will be the year of electricity at the International Energy Agency (IEA). There are a number of reasons for this, as noted by the IEA. In particular, the role of electricity in world economies and societies is growing rapidly. The energy sector is becoming a critical actor in the global energy system that has implications for all types of fuels, including renewable energy sources, natural gas, coal and nuclear power. The electricity sector now attracts more investment than oil and gas, what is a new stage in the history of energy. Global demand for electricity doubled between 1990 and 2016, exceeding the figures for other fuels. Moreover, also in the next 25 years, it should double further at the current rate of energy demand.
Understanding these changes in the power sector requires a global approach that includes the power system itself as well as energy efficiency, energy storage, transport, heating and cooling and the broader clean energy transition. «Electricity is being transformed faster than was ever imagined – and the impact will be felt throughout the energy system. This is why electricity will be at the centre of our analysis this year and in the future, to help policymakers navigate these new challenges», — said Fatih Birol, the IEA’s Executive Director. Remember that the IEA is an autonomous international body within the Organization for Economic Cooperation and Development (OECD) and has 29 member states. The main goal of the organization is to promote international cooperation in improving the global structure of demand and supply of energy resources and energy services. Thus, the annual focus of such an influential player on electricity will contribute to further and deeper research in the entire industry.
4. New mergers of companies. Total, one of the world’s largest energy companies, has announced the acquisition of majority stake (74.33%) of a large French energy-generating company — Direct Energie. The deal is estimated at 1.4 billion euros and is currently awaiting approval by the French regulator. Such an association is part of Total’s strategy to increase its low carbon energy assets to 20% of the total cost by 2035. In addition, Total plans to increase its power generation capacity to 10 GW in the next five years, as well as the number of retail and commercial customers up to 6 million in France and up to 1 million in Belgium by 2022.
As of today, the installed capacity of Total`s power plants is 900 MW, that is a share of «net» assets at the level of 5%. In its turn, the installed capacity of Direct Energie’s power plants is 1.35 GW, including 800 MW of gas power plants and 550 MW of renewable energy-based facilities. In addition, the portfolio of projects under development amounts to another 2.4 GW (400 MW – gas and 2000 MW – RES).
Direct Energie is also the owner of gas power plants that supply electricity in France and Belgium to about 2.6 million customers. It should also be noted that Direct Energie is a major player in renewable energy. It is the owner of an independent global solar energy player Neoen, as well as a French company Quadran, specializing in the construction of RES-objects. This agreement has become one of the largest associations in the electricity sector in Europe this year.
5. Japan’s largest floating solar power plant. Japan’s largest floating solar power plant has started operating. In the end of March Japanese companies Kyocera Corporation and Tokyo Century Corporation announced the commissioning of a largest floating solar power plant with the capacity of 13.7 MW. It was built by their joint venture Kyocera TCL Solar.
According to the calculations of Kyocera, it is the country’s largest facility of this type in terms of electricity production. The facility, which uses 50 904 Kyocera solar modules, occupies an area of 180 000 m2 at Yamakura Dam reservoir in Ichihara City, Chiba Prefecture. Estimated volume of energy generation — 16170 MW/h annually.
Since its inception, Kyocera TCL Solar has constructed 61 solar power plants across Japan, including this country`s largest floating solar project. The company has developed seven floating solar power plants using fresh-water dams instead of agricultural land, as it becomes increasingly difficult to find land plots suitable for large photovoltaic plants. Floating facilities, consisting of solar panels, are quite effective buildings from the energy point of view, the placement of modules on the water in hot countries reduces their overheating and thus increases the production of electricity. A good example of a rational and energy-efficient use of space from Japan.