Energy Evolved
Agenda
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Current State
Types of Energies
Transitions
Best Sources
Effects on Economy
What you can do
Conclusion
Current State
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Oil and Gas are finite
World is using more than it’s discovering
Currently Consume 84.5 million barrels/day
Increasing energy needs from China and India
• R&D in new types of energy
Kilo/Mega/Giga/Tera
Watts!
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1 KW
1 MW
1 GW
1 TW
= 1 Thousand Watts
= 1 Million Watts
= 1 Billion Watts
= 1 Trillion Watts
Current Consumption
Country
Qatar
Iceland
United Arab Emirates
Bahrain
Luxembourg
Netherlands Antilles
Kuwait
Trinidad and Tobago
Canada
United States
Brunei Darussalam
Finland
KWh/Ye KWh/Mo KWh/Da
ar
nth
y
249,788
136,805
123,037
119,671
109,845
107,391
105,959
99,876
96,908
91,002
87,385
84,268
20816
11400
10253
9973
9154
8949
8830
8323
8076
7584
7282
7022
684
375
337
328
301
294
290
274
266
249
239
231
Power Example
KWh/year
@ $0.15/KWh
MacBook Pro: 58 Watts
508
$76.21
Desktop:
2628
$392.20
Rating
300 Watts
Levelised Energy Cost - LEC
Economic assessment
Includes all costs over lifetime of a project
•Initial Investment
•Operations
•Maintenance
•Cost of Fuel
•Cost of Capital
LEC = Break-even point
EROI
• Energy Return On Investment
– (cumulative electricity generated) / (cumulative
primary energy required)
• If EROI is >1 than production is profitable
Types of Energies
Solar
• Solar cells convert sunlight into energy
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Live in California
Avg. Monthly electric bill: $80
Cost associated with 50% savings: $10,365
Payoff Period: 15.86 Years
Solar EROI
• Power satellite 2.0
• Power tower 4.2
• Photovoltaics 1.7 to 10.0
Solar LEC
Between $0.20 - $0.25
The Power Of Moving Water
• Using turbines to generate electricity
Water EROI
• 11.2 - 267 Energy Return on Investment
Water LEC
Between $0.06 - $0.14
Wind Energy
• To make electricity, the shaft of the turbine must be
connected to an electrical generator. Through gearboxes, the
generator converts the mechanical energy of the spinning
turbine shaft into electricity.
Wind Energy EROI
• 18.1:1 Energy Return on Investment
Wind Energy LEC
Between $0.06 - $0.13
Biomass Energy
• Renewable is considered in human lifespan
• Wood, Cellulose, Ethanol, Blogas
Biomass EROI
• Ethanol (sugercane) 0.8 to 1.7
• Ethanol (corn) 1.3
• Ethanol (corn residues) 0.7 to 1.8
• Methanol (wood) 2.6
Biomass LEC
Between $0.07 - $0.14
Geothermal Energy
• Power Extracted from heat within the Earth
Geothermal EROI
• Liquid dominated 4.0
• Hot dry rock 1.9 to 13.0
Geothermal LEC
Between $0.05 - $0.11
Geothermal Video
LEC Comparisons
Company Transitions
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Horse and Carriage
Blacksmith
Commercial Stables
Oil Companies
Automobile
Auto Repair
Gas Station
Alternative Energy
Providers
KEMA
• Utility of the Future is an umbrella for the transition in the energy
industry's business models, technology platforms, and industry structure
that will occur as a result of renewable technologies, smart grid, and
increasing decentralization of all aspects of energy production and
delivery
KEMA
• Energy Transition
• Wind Integration
• Electric Vehicles
• Energy Storage
Co-firing bio mass with Coal
• 20% Renewable
Bio Mas
• 20% Coal Input
Reduced
Emissions
BMW Transition
• Most expensive hybrid
• $100,000 Price tag
• 480 HP
• Most powerful hybrid
• Battery runs at 60km/h
BMW Video
Government Shifts
• USA
– Increase US Corporate Fuel Economy
standards
– Cash Incentives for Solar Panels
– LA banning coal by 2020
• Canada
– 2 billion to carbon capture
– BC Carbon tax
Government Shifts
• India
– Water harvesting
– Efficient transit systems
– Solar Energy
• China
– Automobile fuel standards
– Largest solar-powered buliding
– Investing in biofuels
Market Shifts
• Google and Solar Power
• Europe’s Super Grid
• Suncor: Oil Sands to Wind and Bio
Energy
Google
• Investments in thin-film solar cells
• Develop new technology
– Reduce cost by 50 percent
– Production of heliostats
– Acquired solar tech companies
• Waiting for FTC approval
Europe & the Supergrid
• European Commission 2020 plan
• Sustainable growth
• Reduce carbon emissions to 20% of
1990 level
• Upgrade to European supergrid
• Create 600,000 new jobs
• Increase GDP by 0.6 to 0.8%
Europe & the Supergrid
• Grid developed by Airtricity and
ABB
• Carry power from Eastern Europe
to the UK
• Connected to wind farms
• Wind farms down time
– Transport power
– Improve energy market
Suncor Energy Inc
• Canadian energy company
• Specialized in synthetic crude oil
from oil sands
• Using those profits and investing in
renewable energy
– Wind farms
– Ethanol Plant
Suncor Energy Inc
• Reduce impact of Oil Fields
• $1 billion to improve water and air
conditions
• Working UofA researchers
• Improving efficiencies
• Upgrading plants in Edmonton and
Fort MacMurray
Suncor Energy Inc
• Wind farms
• Four across Canada
• Combined 147 megawatts annually
• Reduce 284,000 tonnes of CO2 emissions
• New power initiative goal
Suncor Energy Inc
• Ethanol Plant
– Located in Ontario
• 200 million litres of ethanol
• 46 full-time jobs
• $120 million expansion
Conclusion
• Renewable energies
– Profitable
– Better for environment
– Meet demand for energy
• More push for renewable energies
and development
• Become less reliant on oil and coal
Energy Evolved
Thanks,
Thanasi Tsardidis
Anthony Adam
Richard Brizan
Questions?