Raffaelle_NewGreenEnergyEconomy

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The New Green Energy Economy

Dr. Ryne P. Raffaelle

Vice President for Research and Associate Provost

Rochester Institute of Technology &

Former Director of the National Center for Photovoltaics at the

National Renewable Energy Lab

The New Green Energy

Economy is all about how we will meet the exponentially growing need for energy in a way that is sustainable.

The word sustainability is derived from the Latin sustinere

( tenere , to hold; sus , up).

Dictionaries provide more than ten meanings for sustain , the main ones being to “maintain",

"support", or "endure.”

“Sustainable Development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs.”

Brundtland Commission of the United

Nations on March 20, 1987.

For development to be truly sustainable, requires that it be socially acceptable, environmentally friendly, and economically viable.

More often than not, energy is the “long-pole” when it comes to sustainable development.

“Access to environmentally and socially sustainable energy is essential to reduce poverty. Globally, over 1.4 billion people are still without access to electricity. About 3 billion use solid fuels — wood, charcoal, coal, and dung for cooking and heating.” – World Bank, 2011

For every 1 American there are 3.9 people in India and 4.3 people in China who currently use a small fraction of the energy we do.

1931

“We are like tenant farmers chopping down the fence around our house for fuel when we should be using Nature's inexhaustible sources of energy — sun, wind and tide. ... I'd put my money on the sun and solar energy. What a source of power! I hope we don't have to wait until oil and coal run out before we tackle that.”

Thomas Edison, in conversation with Henry Ford and Harvey Firestone as quoted in Uncommon

Friends : Life with Thomas Edison, Henry Ford, Harvey Firestone, Alexis Carrel & Charles

Lindbergh (1987) by James Newton, p. 31

Fastest growing sector in the energy market is renewables, but we have a very long way to go!

~16% of global final energy consumption comes from renewables - 10% traditional biomass, 3.4% hydroelectricity,

2.8% new renewables (small hydro, modern biomass, wind, solar, geothermal, and biofuels).

REN 21, Renewable Energy Policy

Network for the 21 st Century

Renewable energy is energy which comes from natural resources such as sunlight, wind, rain, tides, and geothermal heat, which are renewable (naturally replenished).

Roughly 4.6 billion years ago . . .

“Let there be light”

What a source of power indeed…

The amount of sunlight that hits the

Earth's surface in one hour is enough to power the entire world for a year!

1839

Edmund Becquerel discovers the photovoltaic effect.

1860 - 1881

Auguste Mouchout was the first man to patent a design for a motor running on solar energy.

1872

John Ericsson's developed his “Sun

Motor.”

1940

Russell Ohl discovers the

“p-n junction”

1941

Russell Ohl receives a US

Patent 2402662, "Light sensitive device"

1954

AT&T Bell Labs unveils it new

“solar battery” developed by

Gerald Pearson, Daryl

Chapin, and Calvin Fuller which was the first modern silicon solar cell.

1950’s

The U.S. has the best solar energy resource of any major industrialized nation on the Earth.

Average insolation kWh/m 2 /day

10% 20% 30%

3.6 TW US Consumption

40%

PV Costs and Production

• PV prices have been in free-fall over past couple of years.

• Large differences in utility scale versus commercial rooftop and residential.

Reasons:

• Efficiency Increases

• Economies of Scale

• Increased Competition

23,889 MW

Worldwide PV production grew by >

100% in 2010!

~ 80% of PV production is in Asia

~ 80% of deployment is in Europe

Industry Trends

1,400

1,200

2008-2010 Production (MW) 1,228

1,100

1,250

1,000

900

950

800

700

600

600

400

450

490

397

400

200

260

215

250

190

237

500

200

103

550

400

290

360

272

399

210

750

595

473

-

805

520 525

300

282

504

704

498

2008 Production 2009 Production 2010E Production

Current U.S. Solar Energy Production

Solar Advisor Model with real inputs (i.e., South facing, 25 degree fixed tilt,4.3 kW DC system size,

Local, state, and federal incentives as of October

2010, and the PV system financed as part of a 30 year home loan)

25 Year 80% BOL warrantees are the industry standard.

<1% degradation/year

Arrays installed after 2000 have been much more reliable, especially in the case of thin films.

Building Integrated Photovoltaics

85kW Shell Solar

CIGS in Wales

In

Southern

California

216 Würth CIGS modules in Tübingen, Germany

Concentrating Photovoltaics

Inverted Metamorphic III-V Solar Cell

> 40% Efficient

Maricopa Solar | Maricopa County,

Arizona (Near Phoenix) | Salt River

Project (SRP)

1.5MW | Total of 60 SunCatcher ™

Power Systems.

Operating since January 2010.

Roll-to-roll Thin Films

• Markup on all materials (module, inverter, BoS) included in ‘Installer Overhead & Profit’

Residential $0.89/W

DC

, Commercial $0.55, Utility (fixed) $0.31

• Reflects inventory costs (interest during construction), contingency

Energy Storage can be achieved in a wide variety of ways including: compressed air, batteries, hydrogen, and flywheels.

Concentrated Solar Thermal

Pumped hydro energy storage

The rechargeable battery market has grown 6 fold over the past 20 years.

Li ion batteries have been the fastest growing part of that sector.

All Electric Vehicles from China

The Hydrogen Economy

“We do not inherit the earth, we borrow it from our children”

Thank You

Happy 50

th

Dr. Raffaelle

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