ITM Power’s 24MW Electrolyser Sale to Yara
The title of this post, is the similar to that of this press release from ITM Power. I just added a few words.
These are the first three paragraphs.
ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to provide details of the sale of a 24MW electrolyser to Linde Engineering contained in the Company’s Half Year Report issued yesterday. The electrolyser is to be installed at a site operated by Yara Norge AS (“Yara”) located at Herøya outside Porsgrunn, about 140 km southwest of Oslo. The site covers an area of approximately 1.5 square kilometres and is the largest industrial site in Norway. The Porsgrunn site produces 3 million tons of fertiliser per year.
The hydrogen required for ammonia production is currently produced from SMR. Yara intends to start replacing this grey hydrogen with green hydrogen produced from renewable energy and electrolysis. The 24MW system supplying 10,368 kg/day of hydrogen will account for approximately 5% of the plant’s consumption and serve as a feasibility study for future upscaling. Yara has received a grant of up to NOK 283m (£23.6m,pending ESA approval) from Enova SF, a Government funding body, to invest in green solutions for hydrogen used for industrial purposes in Norway.
The electrolyser equipment is due to be ready for shipment from ITM Power in Q4 2022 with revenue realised in the Company’s 2022/2023 financial year.
These are my thoughts.
The Size Of The Electrolyser
A 24 MW electrolyser, that produces 10,368 Kg of hydrogen/day may sound a large device.
This is an extract from the press release.
In January 2021, the Company received an order for the world’s then largest PEM electrolyser of 24MW from Linde. In October 2021, the Company, with Linde, announced the deployment of a 100MW electrolyser at Shell’s Rhineland refinery, following the start-up of an initial 10MW facility at the site.
It appears that ITM Power have built one before and one four times the size has been ordered.
What Size Of Electrolyser Would Yara Need To Fully Decarbonise Ammonia Production?
According to the press release, a 24 MW electrolyser will produce five percent of the plant’s consumption, which means that a 480 MW electrolyser will be needed, if Yara use an ITM electrolyser to produce all their hydrogen.
Will manufacture of an electrolyser of this size be a problem for ITM Power?
The press release says this about electrolyser production.
ITM Power operates from the world’s largest electrolyser factory in Sheffield with a capacity of 1GW (1,000MW) per annum, with the announced intention to build a second UK Gigafactory in Sheffield with a capacity of 1.5GW expected to be fully operational by the end of 2023. The Group’s first international facility, expected to have a capacity of 2.5GW per annum, is intended to be operational by the end of 2024, bringing total Group capacity to 5GW per annum.
It also says that the company has raised £250m to accelerate expansion.
The Delivery Date
The delivery date of the electrolyser is stated as Q4 2022.
I find this rather quick, which makes me believe that one of the reasons for the success of ITM Power is their production process.
How Much Ammonia Is Produced Worldwide?
This is an extract from this publication from the Royal Society, which is entitled Ammonia: Zero-Carbon Fertiliser, Fuel And Energy Store.
Current global ammonia production is about 176 million tonnes per year and is predominantly achieved through the steam reforming of methane to produce hydrogen to feed into ammonia synthesis via the Haber Bosch process.
Ammonia production is a highly energy intensive process consuming around 1.8% of global energy output each year (steam methane reforming accounts for over 80% of the energy required) and producing as a result about 500 million tonnes of carbon dioxide (about 1.8% of global carbon dioxide emissions)2,3,4. Ammonia synthesis is significantly the largest carbon dioxide emitting chemical industry process. Along with cement, steel and ethylene production, it is one of the ‘big four’ industrial processes where a decarbonisation plan must be developed and implemented to meet the netzero carbon emissions target by 2050.
It looks like Linde and ITM Power have a fairly simple plan to decarbonise world ammonia production. And they have started with one of the easier targets; Yara in the very environmentally-correct Norway.
I estimate that to produce 176 million tonnes of green ammonia will need over 28 GW of electrolyser capacity.
Conclusion
If Linde and ITM Power can persuade the world, that their technology is the way to go, then they’ve got it made.
UK National Grid In Talks To Build An Energy Island In The North Sea
The title of this post, is the same as that of this article on the New Scientist.
This is the first paragraph.
UK company National Grid has revealed it is in talks with two other parties about building an “energy island” in the North Sea that would use wind farms to supply clean electricity to millions of homes in north-west Europe.
These are my thoughts.
An Artificial Island on the Dogger Bank
The idea of the North Sea Wind Power Hub in the area of the Dogger Bank has been around for a few years and has a comprehensive Wikipedia entry.
Wikipedia says that it would be an artificial island on the Dutch section of the Dogger Bank and the surrounding sea could eventually host up to 110 GW of wind turbines.
North Sea Wind Power Hub Programme
The Dutch and the Danes seems to have moved on and there is now a web site for the North Sea Wind Power Hub Programme.
The home page is split into two, with the upper half entitled Beyond The Waves and saying.
The incredible story of how the Netherlands went beyond technical engineering as it had ever been seen before. Beyond water management. To secure the lives of millions of inhabitants.
I have met Dutch engineers, who designed and built the Delta Works after the North Sea Floods of 1953 and I have seen the works all over the country and it is an impressive legacy.
And the lower half of the home page is entitled North Sea Wind Power Hub and saying.
Today, climate policy is largely national, decoupled and incremental. We need a new approach to effectively realise the potential of the North Sea and reach the goals of the Paris Agreement. We take a different perspective: harnessing the power of the North Sea requires a transnational and cross-sector approach to take the step-change we need.
Behind each half are two videos, which explain the concept of the programme.
It is a strange web site in a way.
- It is written totally in English with English not American spelling.
- The project is backed by Energinet, Gasunie and TenneT, who are Danish and Dutch companies, that are responsible for gas and electricity distribution networks in Denmark, Ger,many and The Netherlands.
- There are four sections to the web site; Netherlands, Germany, Denmark and North Sea.
It is almost as if the web site has been designed for a British company to join the party.
Hubs And Spokes In North Sea Wind Power Hub Programme
If you watch the videos on the site, they will explain their concept of hubs and spokes, where not one but several energy islands or hubs will be connected by spokes or electricity cables and/or hydrogen pipelines to each other and the shore.
Many electrical networks on land are designed in a similar way, including in the UK, where we have clusters of power stations connected by the electricity grid.
The Dogger Bank
The Dogger Bank is a large sandbank in a shallow area of the North Sea about 100 kilometres off the east coast of England.
Wikipedia says this about the geography of the Dogger Bank.
The bank extends over about 17,600 square kilometres (6,800 sq mi), and is about 260 by 100 kilometres (160 by 60 mi) in extent. The water depth ranges from 15 to 36 metres (50 to 120 ft), about 20 metres (65 ft) shallower than the surrounding sea.
As there are Gunfleet Sands Wind Farm and Scroby Sands Wind Farm and others, on sandbanks in the North Sea, it would appear that the engineering of building wind farms on sandbanks in the North Sea is well understood.
The Dogger Bank Wind Farm
We are already developing the four section Dogger Bank Wind Farm in our portion of the Dogger Bank and these could generate up to 4.8 GW by 2025.
The Dogger Bank Wind Farm has its own web site, which greets you with this statement.
Building the World’s Largest Offshore Wind Farm
At 4.8 GW, it will be 45 % larger than Hinckley Point C nuclear power station, which is only 3.3 GW. So it is not small.
The three wind farms; Dogger Bank A, B and C will occupy 1670 square kilometres and generate a total of 3.6 GW or 0.0021 GW per square kilometre.
If this density of wind turbines could be erected all over the Dogger Bank, we could be looking at nearly 40 GW of capacity in the middle of the North Sea.
Interconnectors Across The North Sea
This Google Map shows the onshore route of the cable from the Dogger Bank Wind Farm.
Note.
- Hull and the River Humber at the bottom of the map.
- The red arrow which marks Creyke Beck sub station, where the cable from the Dogger Bank Wind Farm connects to the UK electricity grid.
- At the top of the map on the coast is the village of Ulrome, where the cable comes ashore.
The sub station is also close to the Hull and Scarborough Line, so would be ideal to feed any electrification erected.
I would assume that cables from the Dogger Bank Wind Farm could also link the Wind Farm to the proposed Dutch/Danish North Sea Wind Power Hub.
Given that the cables between the wind farms and Creyke Beck could in future handle at least 4.8 GW and the cables from the North Sea Wind Power Hub to mainland Europe would probably be larger, it looks like there could be a very high capacity interconnector between Yorkshire and Denmark, Germany and The Netherlands.
It almost makes the recently-opened North Sea Link to Norway, which is rated at 1.4 GW seem a bit small.
The North Sea Link
The North Sea Link is a joint project between Statnett and National Grid, which cost €2 billion and appears to have been delivered as planned, when it started operating in October 2021.
So it would appear that National Grid have shown themselves capable of delivering their end of a complex interconnector project.
Project Orion And The Shetlands
In Do BP And The Germans Have A Cunning Plan For European Energy Domination?, I introduced Project Orion, which is an electrification and hydrogen hub and clean energy project in the Shetland Islands.
The project’s scope is described in this graphic.
Note that Project Orion now has its own web site.
- Could the Shetlands become an onshore hub for the North Sea Power Hub Programme?
- Could Icelink, which is an interconnector to Iceland be incorporated?
With all this renewable energy and hydrogen, I believe that the Shetlands could become one of the most prosperous areas in Europe.
Funding The Wind Farms And Other Infrastructure In The North Sea
In World’s Largest Wind Farm Attracts Huge Backing From Insurance Giant, I described how Aviva were funding the Hornsea wind farm.
I very much believe that City of London financial institutions will be able to finance a lot of the developments in the North Sea.
After all National Grid managed to find a billion euros in a sock drawer to fund their half of the North Sea Link.
Electrifying The North Sea: A Gamechanger For Wind Power Production?
The title of this section, is the same as that of this article on Engineering and Technology Magazine.
This article in the magazine of the IET is a serious read and puts forward some useful facts and interesting ideas.
- The EU is targeting offshore wind at 60 GW by 2030 and 300 GW by 2050.
- The UK is targeting offshore wind at 40 GW by 2030.
- The article explains why HVDC electricity links should be used.
- The major players in European offshore wind are the UK, Belgium, the Netherlands, Germany, and Denmark.
- The foundations for a North Sea grid, which could also support the wider ambitions for a European super-grid, are already forming.
- A North Sea grid needs co-operation between governments and technology vendors. as well as technological innovation.
- National Grid are thinking hard about HVDC electrical networks.
- By combining HVDC links it can be possible to save a lot of development capital.
- The Danes are already building artificial islands eighty kilometres offshore.
- Electrical sub-stations could be built on the sea-bed.
I can see that by 2050, the North Sea, South of a line between Hull and Esbjerg in Denmark will be full of wind turbines, which could generate around 300 GW.
Further Reading
There are various articles and web pages that cover the possibility of a grid in the North Sea.
- National Grid – Interconnectors
- The Guardian – National Grid In Talks Over Plan For Energy Island In North Sea
- The Times – National Grid Planning ‘Energy Island’ In North Sea
I shall add to these as required.
Conclusion
I am coming to the conclusion that National Grid will be joining the North Sea Wind Power Hub Programme.
- They certainly have the expertise and access to funding to build long cable links.
- The Dogger Bank wind farm would even be one of the hubs in the planned hub and spoke network covering the North Sea.
- Only a short connection would be needed to connect the Dogger Bank wind farm, to where the Dutch and Danes originally planned to build the first energy island.
- There may be other possibilities for wind farm hubs in the UK section of the North Sea. Hornsea Wind Farm, which could be well upwards of 5 GW is surely a possibility.
- Would it also give access to the massive amounts of energy storage in the Norwegian mountains, through the North Sea Link or Nord.Link between Norway and Germany.
Without doubt, I know as a Control Engineer, that the more hubs and spokes in a network, the more stable it will be.
So is National Grid’s main reason to join is to stabilise the UK electricity grid? And in turn, this will stabilise the Danish and Dutch grids.
UK To Norway Sub-Sea Green Power Cable Operational
The title of this post is the same as that of this article on the BBC.
This is the first two paragraphs.
The world’s longest under-sea electricity cable, transferring green power between Norway and the UK, has begun operation.
The 450-mile (725km) cable connects Blyth in Northumberland with the Norwegian village of Kvilldal.
The BBC article is based on this press release from National Grid.
The link has been called the North Sea Link (NSL).
These are some thoughts.
What Is The Capacity Of The North Sea Link?
The National Grid press release says this.
[The link] will start with a maximum capacity of 700 megawatts (MW) and gradually increase to the link’s full capacity of 1400MW over a three-month period.
It also says this.
Once at full capacity, NSL will provide enough clean electricity to power 1.4 million homes.
It is more or less equivalent to two or three gas-fired power stations.
What Is The Operating Philosophy Of The North Sea Link?
The National Grid press release says this.
The Norwegian power generation is sourced from hydropower plants connected to large reservoirs, which can respond faster to fluctuations in demand compared to other major generation technologies. However, as the water level in reservoirs is subject to weather conditions, production varies throughout seasons and years.
When wind generation is high and electricity demand low in Britain, NSL will enable renewable power to be exported from the UK, conserving water in Norway’s reservoirs. When demand is high in Britain and there is low wind generation, hydro power can be imported from Norway, helping to ensure secure, affordable and sustainable electricity supplies for UK consumers.
It almost seems to me, that the North Sea Link is part of a massive pumped-storage system, where we can bank some of our wind-generated electricity in Norway and draw it out when we need it.
I would suspect that the rate and direction of electricity transfer is driven by a very sophisticated algorithm, that uses detailed demand and weather forecasting.
As an example, if we are generating a lot of wind power at night, any excess that the Norwegians can accept will be used to fill their reservoirs.
The Blyth Connection
This page on the North Sea Link web site, describes the location of the UK end of the North Sea Link.
These three paragraphs describe the connection.
The convertor station will be located just off Brock Lane in East Sleekburn. The site forms part of the wider Blyth Estuary Renewable Energy Zone and falls within the Cambois Zone of Economic Opportunity.
The converter station will involve construction of a series of buildings within a securely fenced compound. The buildings will be constructed with a steel frame and clad with grey insulated metal panels. Some additional outdoor electrical equipment may also be required, but most of the equipment will be indoors.
Onshore underground cables will be required to connect the subsea cables to the converter station. Underground electricity cables will then connect the converter station to a new 400kV substation at Blyth (located next to the existing substation) which will be owned and operated by National Grid Electricity Transmission PLC.
This Google Map shows the area.
Note.
- The light grey buildings in the North-West corner of the map are labelled as the NSL Converter Station.
- Underground cables appear to have been dug between the converter station and the River Blyth.
- Is the long silver building to the West of the triangular jetty, the 400 KV substation, where connection is made to the grid?
The cables appear to enter the river from the Southern point of the triangular jetty. Is the next stop Norway?
Britishvolt And The North Sea Link
Britishvolt are are building a factory at Blyth and this Google Map shows are to the North and East of the NSL Converter Station.
Note the light-coloured buildings of the NSL Converter Station.
I suspect there’s plenty of space to put Britishvolt’s gigafactory between the converter station and the coast.
As the gigafactory will need a lot of electricity and preferably green, I would assume this location gives Britishvolt all they need.
Where Is Kvilldal?
This Google Map shows the area of Norway between Bergen and Oslo.
Note.
- Bergen is in the North-West corner of the map.
- Oslo is at the Eastern edge of the map about a third of the way down.
- Kvilldal is marked by the red arrow.
This second Google Map shows the lake to the North of Kvilldal.
Note.
- Suldalsvatnet is the sixth deepest lake in Norway and has a volume of 4.49 cubic kilometres.
- Kvilldal is at the South of the map in the middle.
This third Google Map shows Kvilldal.
Note.
- Suldalsvatnet is the dark area across the top of the map.
- The Kvilldal hydro-electric power station on the shore of the lake.
- Kvilldal is to the South-West of the power station.
Kvilldal doesn’t seem to be the biggest and most populous of villages. But they shouldn’t have electricity supply problems.
Kvilldal Power Station And The North Sea Link
The Wikipedia entry for Kvilldal power station gives this information.
The Kvilldal Power Station is a located in the municipality of Suldal. The facility operates at an installed capacity of 1,240 megawatts (1,660,000 hp), making it the largest power station in Norway in terms of capacity. Statnett plans to upgrade the western grid from 300 kV to 420 kV at a cost of 8 billion kr, partly to accommodate the NSN Link cable] from Kvilldal to England.
This power station is almost large enough to power the North Sea Link on its own.
The Kvilldal power station is part of the Ulla-Førre complex of power stations and lakes, which include the artificial Lake Blåsjø.
Lake Blåsjø
Lake Blåsjø would appear to be a lake designed to be the upper reservoir for a pumped-storage scheme.
- The lake can contain 3,105,000,000 cubic metres of water at its fullest.
- The surface is between 930 and 1055 metres above sea level.
- It has a shoreline of about 200 kilometres.
This Google Map shows the Lake.
Note the dam at the South end of the lake.
Using Omni’s Potential Energy Calculator, it appears that the lake can hold around 8 TWh of electricity.
A rough calculation indicates that this could supply the UK with 1400 MW for over eight months.
The Wikipedia entry for Saurdal power station gives this information.
The Saurdal Power Station is a hydroelectric and pumped-storage power station located in the municipality of Suldal. The facility operates at an installed capacity of 674 megawatts (904,000 hp) (in 2015). The average energy absorbed by pumps per year is 1,189 GWh (4,280 TJ) (in 2009 to 2012). The average annual production is 1,335 GWh (4,810 TJ) (up to 2012)
This Google Map shows the area between Kvilldal and Lake Blåsjø.
Note
- Kvilldal is in the North West of the map.
- Lake Blåsjø is in South East of the map.
This second Google Map shows the area to the South-East of Kvilldal.
Note.
- Kvilldal is in the North-West of the map.
- The Saurdal power station is tight in the South-East corner of the map.
This third Google Map shows a close-up of Saurdal power station.
Saurdal power station is no ordinary power station.
This page on the Statkraft web site, gives a brief description of the station.
The power plant was commissioned during 1985-1986 and uses water resources and the height of fall from Lake Blåsjø, Norway’s largest reservoir.
The power plant has four generating units, two of which can be reversed to pump water back up into the reservoir instead of producing electricity.
The reversible generating units can thus be used to store surplus energy in Lake Blåsjø.
Is Lake Blåsjø and all the power stations just a giant battery?
Economic Effect
The economic effect of the North Sea Link to both the UK and Norway is laid out in a section called Economic Effect in the Wikipedia entry for the North Sea Link.
Some points from the section.
- According to analysis by the United Kingdom market regulator Ofgem, in the base case scenario the cable would contribute around £490 million to the welfare of the United Kingdom and around £330 million to the welfare of Norway.
- This could reduce the average domestic consumer bill in the United Kingdom by around £2 per year.
- A 2016 study expects the two cables to increase price in South Norway by 2 øre/kWh, less than other factors.
This Economic Effect section also talks of a similar cable between Norway and Germany called NorGer.
It should be noted, that whereas the UK has opportunities for wind farms in areas to the North, South, East and West of the islands, Germany doesn’t have the space in the South to build enough wind power for the area.
There is also talk elsewhere of an interconnector between Scotland and Norway called NorthConnect.
It certainly looks like Norway is positioning itself as Northern Europe’s battery, that will be charged from the country’s extensive hydropower and surplus wind energy from the UK and Germany.
Could The Engineering Be Repeated?
I mentioned NorthConnect earlier.
- The cable will run between Peterhead in Scotland and Samnanger in Norway.
- The HVDC cable will be approximately 665 km long.
- The cable will be the same capacity as the North Sea Link at 1400 MW.
- According to Wikipedia construction started in 2019.
- The cable is planned to be operational in 2022.
- The budget is €1.7 billion.
Note.
- Samnager is close to Bergen.
- NorthConnect is a Scandinavian company.
- The project is supported by the European Union, despite Scotland and Norway not being members.
- National Grid is not involved in the project, although, they will be providing the connection in Scotland.
The project appears to be paused at the moment, awaiting how North Sea Link and NordLink between Norway and Germany are received.
There is an English web site, where this is the mission statement on the home page.
NorthConnect will provide an electrical link between Scotland and Norway, allowing the two nations to exchange power and increase the use of renewable energy.
This sounds very much like North Sea Link 2.
And then there is Icelink.
- This would be a 1000-1200 km link between Iceland and the UK.
- It would have a capacity of 1200 MW.
- National Grid are a shareholder in the venture.
- It would be the longest interconnector in the world.
The project appears to have stalled.
Conclusion
I can see these three interconnectors coming together to help the UK’s electricity generation become carbon-free by 2035.
Railway To Hell To Be Electrified
This is the title of a serious article on Railway Gazette.
Hell is a village near to Trondheim in Norway and the railways around Trondheim are being electrified.
Vivarail Targets Overseas Markets
The title of this post, is the same as that of this article on Rail Magazine.
This is an extract from the article.
Shooter told RAIL: “We are at the moment putting together a bid for an operator – not in this country – where the routes would be up to 500 miles long, to be provided totally with battery trains using this device.
“This bid we are putting together contemplates trains that are running for several hours – 60 to 70 miles between charging stations, but possibly going twice that far in emergency if the charging station should go down.”
By this device I suspect they mean their Fast Charge device, which is described in this press release from Vivarail.
This extract describes how it works.
The concept is simple – at the terminus 4 short sections of 3rd and 4th rail are installed and connected to the electronic control unit and the battery bank. Whilst the train is in service the battery bank trickle charges itself from the national grid – the benefit of this is that there is a continuous low-level draw such as an EMU would use rather than a one-off huge demand for power.
The train pulls into the station as normal and the shoegear connects with the sections of charging rail. The driver need do nothing other than stop in the correct place as per normal and the rail is not live until the train is in place.
That’s it!
That sounds simple to me.
Where Would This Possible Order Be From?
I have ridden in a Vivarail battery train, as I wrote in Battery Class 230 Train Demonstration At Bo’ness And Kinneil Railway.
I have also ridden the diesel variant, as I wrote in A First Ride In A Revenue-Earning Class 230 Train.
I very much feel, I can list a few of the good qualities of the trains.
Big Windows
The big windows give a good view, so I wonder if the trains would work well on a railway noted for its scenery.
Quietness
I have ridden in two battery trains.
The other was Bombardier’s Class 379 BEMU, that I wrote about in Is The Battery Electric Multiple Unit (BEMU) A Big Innovation In Train Design?.
Both were extremely quiet.
No Infrastructure Required
Except for the charging stations, no infrastructure is required.
Sturdy Engineering
Although the trains were only originally built for the London Underground, they are sturdily-built trains, as they used to share tracks with full-size trains.
I suspect, they are certified to share tracks with freight trains, as they do on the Marston Vale Line.
A Range Of Interiors And Customer Facilities
Although the trains tend to use the old London Underground seat frames, they have a range of interiors, which seem to be well-designed and comfortable.
I have been on Class 230 trains, with tables, a single toilet, onboard Wi-Fi, and electrical charging points.
Zero-Carbon
The trains are probably as near to zero-carbon, as any! Especially, if all the Fast Charge stations are powered by renewable electricity.
Remote Servicing
The trains have been designed for remote servicing.
Conclusion
All of these qualities lead me to think, that an ideal line in the UK could be the Far North Line, between Inverness and Wick and Thurso.
Although the train ticks a lot of boxes, it could well be too slow, It is also only a 160 mile route and not five-hundred
But there must be quite a few long, scenic lines in countries, where a passenger service needs to be added to a freight line, that perhaps serves a remote mining town.
Sweden and Norway are surely possibilities, but Finland is ruled out because it is Russian gauge.
Could the trains end up in parts of Africa, Canada and the United States?
Who knows?
Financing Secured To ‘Enable Rapid Development’ Of Norway’s First Lithium Battery Cell Gigafactory
The title of this post, is the same as that of this article on Energy Storage News.
The article says that the gigafactory’s biggest competitor will be in Sweden.
With companies in the UK, like Hyperdrive Innovation, Gore Street Energy Fund and others developing massive demand for batteries, perhaps we should build our own gigafactory?
This article on Energy Storage News is entitled More Money For Lithium Exploration In Cornwall.
This is the introductory paragraph.
Cornish Lithium has successfully raised over £826,000 from shareholders to continue exploration for lithium in Cornwall, in both geothermal waters and in hard rock, and will build on the successful drilling programmes that concluded earlier this year.
I wrote about Cornish Lithium in How To Go Mining In A Museum.
Could an unusual tale becoming to a successful conclusion?
Conclusion
I think we can trust the Cornish, Norwegians and Swedes to ensure, we have enough lithium-ion batteries.
Norway Announces $384.5m Clean Energy Fund To Aid In Covid-19 Recovery
The title of this post, is the same as that of this article on Power Technology.
These are the first one-and-a-half paragraphs.
Last week, Norway announced plans to fund a “green transition package”, investing $384.5m into sustainable power and infrastructure to help the country’s economy and productivity post-Covid-19.
The fund will be used to support a range of initiatives, including investments in hydrogen power and battery storage technology, building offshore wind infrastructure, and renovations to new and existing buildings, as Norway looks to reach the Paris Climate Agreement target of limiting global temperature rise to less than two degrees by 2050.
Perhaps we should follow Norway’s lead.
Engie Partners Innovate UK For £4 Million Energy Transition Competition
The title of this post is the same as this article on Current News.
- This is an interesting link-up between the UK Government Agency; Innovate UK and the French energy giant; Engie.
- Wikipedia defines energy transition as a long-term structural change in energy systems.
- It is the first time Innovate UK has secured overseas private funding.
- It aims to fund the very best of \british innovation in clean growth innovation.
- Grants of between £100,000 and £1.2 million will be awarded.
- There appears to be no mention of Brexit!
It looks to me, like a very strong endorsement of British innovation and the British energy industry by the French.
I also think, that if there is one industry where the British and the French should be linked, it is energy.
The UK has the following energy sources and resources.
- Offshore and onshore oil and gas.
- Redundant gas fields for carbon capture and storage.
- Offshore and onshore wind.
- Large areas of sea for offshore wind.
- We have 8,183 MW of installed offshore wind capacity, which is the largest in the world.
- The possibilities of tidal and wave power from a long Western coast.
- Vast experience in building off-shore structures in some of the worst weather on the planet.
- Interconnectors to Norway and Iceland to import their surplus geothermal and hydroelectric energy.
Could we become a renewable-energy powerhouse?
The French have the following.
- Nuclear power, some of which will need replacing.
- Only 500 MW of offshore wind.
- More solar power than we have.
- Easy connection to North Africa for solar power.
But in some ways, most important is the several interconnectors between the UK and France, with more planned.
Conclusion
Between the UK and France, with help from Ireland, Spain and Portugal, can develop a massive Western European renewable energy powerhouse, backed by the following, non-renewable or external sources.
- French nuclear power.
- North African solar.
- Icelandic geothermal power
- Icelandic hydro-electric power
- Norwegian hydro-electric power
It should be noted that in a few years, the UK will have joined Iceland, Norway and North Africa outside of the European Union.
I believe that Sovereign Wealth Funds, Hedge Funds, Pension Funds, Insurance Companies and other individuals, groups and organisations will increasingly see renewable energy as good places for long-term investment of their funds.
The two big problems are as follows.
- What happens when all these renewable energy sources are producing more energy than we can use?
- What happens when there is an energy deficit?
Energy storage is the solution, but the amount needed is massive.
In Airport Plans World’s Biggest Car Parks For 50,000 Cars, I looked at the mathematics in using car parks for electric cars for energy storage.
These are a few figures.
- Electric Mountain is the UK’s largest electricity storage scheme with a capacity of 9.1 GWh.
- The largest battery in the world is the Bath County Pumped Storage Station with a capacity of 24 GWh, which works on similar principles to Electric Mountain.
- Building another Electric Mountain would cost £1350 million, if we could find somewhere to put it.
But supposing half the 35.5 million cars and light goods vehicles in the UK were replaced by new electric vehicles containing a battery of around 20 kWh, that would be a total storage of 355 GWh or nearly forty Electric Mountains.
Conclusion
Harnessing all of these batteries will be an enormous challenge, but it will be ideas like this, that will enable the world to go carbon neutral by 2050.
But I don’t think we’ll ever see Trump or Xi Jinping in an electric limousine..
World’s Top Wealth Fund Puts Billions Into Britain
The title of this post is the same as that of a news story on the front page of today’s copy of The Times.
There is a subtitle to the article.
UK will be stronger after Brexit, Norwegians say.
Some points from the article.
- Norway’s wealth fund is worth £740billion.
- The fund owns £62billion of UK investments.
- Britain is the third largest market for their investments.
- The fund works to a thirty-year-plus investment strategy.
- The fund is co-owner of Regent Street.
- The fund is a top five investor in companies.
I feel a smidgen of pride, that Artemis, which was the project management software, that I wrote; in the late 1970s, had played small part in the creation of Norway’s wealth from oil and gas.
Finland And Norway To Explore Building Arctic Rail Link
The title of this post is the same as that of this article on the Reuters web site.
This is the first two paragraphs.
Finland and Norway agreed on Friday to explore constructing an Arctic rail link from northern Finland to the Barents Sea coast to develop trade routes and business opportunities in the region.
The proposed link would run from Finland’s northern city of Rovaniemi to Norway’s ice-free deep-water port of Kirkenes, located some 15 km from the border with Russia.
I didn’t know that ports, that far North could still be ice-free.
It is an interesting concept.
My only worry, is what will Vlad think of it all!
But then the Finns have stood up to the Russians before!
The Anonymous Widower 