Australian renewable energy at risk due to bottlenecks

Power-Technology | February 19, 2019

Energy experts in Australia have issued a joint statement warning the Australian government that energy bottlenecks risk the country meeting its emissions targets. The statement was signed by 50 energy experts who met for a three-day symposium on renewable energy research at the Australian National University (ANU). Signatories include ANU professor of engineering Andrew Blakers and Australian Wind Alliance national coordinator Andrew Bray.

Spotlight

The journeys taken by successful clean energy entrepreneurs are often long and challenging. Several different types of organizations typically provide critical support services to help transform ideas into real-world innovations. Startup success stories highlight the important role of clean energy ecosystems in helping innovators navigate complex and changing technical, financial, organizational, and commercial landscapes.

Spotlight

The journeys taken by successful clean energy entrepreneurs are often long and challenging. Several different types of organizations typically provide critical support services to help transform ideas into real-world innovations. Startup success stories highlight the important role of clean energy ecosystems in helping innovators navigate complex and changing technical, financial, organizational, and commercial landscapes.

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STRATEGY AND BEST PRACTICES

In Minnesota, Centerpoint Energy Has Launched a Green Hydrogen Project

CenterPoint Energy | June 06, 2022

CenterPoint Energy recently announced that its green hydrogen project in Minneapolis is operational. The project uses renewable electricity to safely split hydrogen from water, and the zero-carbon hydrogen is then blended at low concentrations with natural gas in the utility's local distribution system. CenterPoint Energy is one of the first natural gas utilities in the United States to produce and add green hydrogen to its distribution system. Because there are no carbon emissions from either its production or end-use, green hydrogen has the potential to be an important zero-carbon supplement to conventional natural gas. CenterPoint Energy is Minnesota's largest natural gas utility, serving approximately 900,000 residential and business customers in the state. The green hydrogen project is located on existing company property near downtown Minneapolis. The system was designed and packaged by a Minnesota company and the major equipment for the project was made in the U.S. "CenterPoint Energy is committed to evaluating innovative solutions that reduce carbon emissions and advance a clean energy future, With this pilot project, we are exploring the potential of green hydrogen as a safe, zero-carbon energy resource that can be delivered through our local gas distribution systems to benefit both our customers and the environment." -Scott Doyle, Executive Vice President, Utility Operations. The pilot project's main purpose is to obtain operational experience with green hydrogen technology and how it may be best integrated into the local natural gas distribution system to reduce the carbon content of provided energy. The project's one-megawatt electrolyzer uses renewable energy to produce up to 60 Dekatherms (432 kg) of hydrogen gas per day while requiring about two gallons of water per minute. Before entering the hydrogen production system, the water is taken from the municipal water supply and extensively filtered. Green hydrogen produced by the system is added to natural gas in a low-pressure part of CenterPoint Energy's local distribution pipeline system in low percentages (up to 5%). Green hydrogen is estimated to save around 1,200 tons of CO2 per year as a replacement for natural gas that would otherwise be consumed.

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SOLAR+STORAGE

Nucor Signs Largest Power Purchase Agreement in History of Steel Industry

Nucor | November 17, 2020

Nucor, a steel creation organization, has declared the marking of a 15-year Virtual Power Purchase Agreement (VPPA) for 250 megawatts of sun based energy in Texas. The undertaking is required to start conveying clean power in Q2 2023. The understanding imprints the main sun based force buy arrangement for Nucor and the biggest of its sort for the steel business. Development is required to begin in Summer 2022, making several development related positions during its pinnacle. The neighborhood network will profit over its working life through land rent, charge, and different installments. The normal power produced at full limit is sufficient to meet the utilization of almost 50,000 normal Texas homes. VPPAs have become an inexorably standard approach to make sure about sustainable power for enterprises. In September, Henkel, a German substance and buyer products organization, marked a huge scope virtual force buy understanding (VPPA) identifying with another breeze ranch in Bee County, Texas, which will cover 100% of the power interest of Henkel's activities in the US. To arrive at its objective to source 100% inexhaustible power for its creation locales by 2030, Henkel follows a mix of on location creation of efficient power energy, direct buy, and virtual inclusion. This includes, for instance, going into long haul VPPAs that feed power from explicit environmentally friendly power plants into the flexibly framework — in a sum that is equivalent to the sum burned-through. Hence, Henkel adds to making extra sustainable power age limit by method of its green force buy.

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ENERGY

EDP Renewables Enters Chile with a Portfolio of 628 MW Wind and Solar Energy

EDP Renewables | May 31, 2021

EDP Renewables, a part of the EDP group, increases its worldwide footprint with its 16th market. This expansion reinforces EDPR’s strategic presence in Latin America, where it currently has 0.4 GW of operating capacity in Brazil, and it is developing 1.6 GW in the Brazilian and Colombian markets. EDP Renewables, a global leader in the renewable energy sector and the fourth most significant renewable energy producer globally, has reached agreements to acquire a 628 MW wind and solar portfolio in Chile, with commercial operations expected to commence between 2023 2025. With this project, EDPR increases its worldwide footprint, achieving a strong presence in 16 international markets. With these projects, EDP’s Group enters its 21st country. The transaction has been reached through two separate agreements with Atacama Energy and Lader Energy for a total consideration of up to $38 million, conditional to the achievement of pre-determined milestones for each project. The portfolio consists of a 77 MW wind farm with a 20-year PPA, expected to enter operational in 2023, and 551 MWs in projects under development, including two wind farms totaling 297 MWs and one 254 MWac solar park. These projects will actively participate in the upcoming regulated tenders and the private PPA market in Chile, aiming to enter into operation by 2025. Completing the 77 MW wind farm transaction is subject to regulatory approval and other customary closing conditions for a trade of this nature. Completion of the 551 MWs of projects under development has co-occurred with the signing of the agreements. Strengthened position in Latam and strategic market entry This portfolio allows the EDP group to establish its presence in Chile with a sizeable and technologically diversified portfolio at different stages of development. EDPR will be pursuing additional wind and solar projects and green hydrogen growth opportunities in the country and will play an active role in the green energy transition in Chile. Furthermore, the entry into the Chilean market reinforces EDPR’s presence in Latam, where it currently owns 0.4 GW of operating capacity and 1.1 GW of secured capacity in Brazil, and 0.5 GW of secure capacity in Colombia. The Chilean power sector is sizeable and still highly dependent on thermal generation, representing c. 50% of the generation mix. In terms of renewables, the country has solid fundamentals both for wind and solar and a stable regulatory framework with visibility on long-time PPAs, both through regulated tenders and the increasingly growing private PPA market. Chile has set out an ambitious roadmap that outlines plans to generate 20% of its power from non-hydro sources by 2025 and 70% by 2050. The roadmap further outlines the significant potential for developing large-scale green hydrogen projects, providing an attractive long-term growth outlook for renewables in the country. EDP’s entry into the Chilean market is within the context of the EDPR Business plan 2021-25, providing diversification and growth optionality in a sizeable renewables market with solid growth prospects, further reinforcing EDPR’s worldwide leading position in renewables.

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