Fossil Fuels Just Lost the Race Against Renewables

April 27, 2014

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The race for renewable energy has passed a turning point. The world is now adding more capacity for renewable power each year than coal, natural gas, and oil combined. And there’s no going back.

The shift occurred in 2013, when the world added 143 gigawatts of renewable electricity capacity, compared with 141 gigawatts in new plants that burn fossil fuels, according to an analysis presented Tuesday at the Bloomberg New Energy Finance annual summit in New York. The shift will continue to accelerate, and by 2030 more than four times as much renewable capacity will be added.

“The electricity system is shifting to clean,” Michael Liebreich, founder of BNEF, said in his keynote address. “Despite the change in oil and gas prices there is going to be a substantial buildout of renewable energy that is likely to be an order of magnitude larger than the buildout of coal and gas.”

The Beginning of the End

Power generation capacity additions (GW)

Bloomberg New Energy Finance

The price of wind and solar power continues to plummet, and is now on par or cheaper than grid electricity in many areas of the world. Solar, the newest major source of energy in the mix, makes up less than 1 percent of the electricity market today but could be the world’s biggest single source by 2050, according to the International Energy Agency.

The question is no longer if the world will transition to cleaner energy, but how long it will take. In the chart below, BNEF forecasts the billions of dollars that need to be invested each year in order to avoid the most severe consequences of climate change, represented by a benchmark increase of more than 2 degrees Celsius.

The blue lines are what’s needed, in billions; the red lines show what’s actually being spent. Since the financial crisis, funding has fallen well short of the target, according to BNEF.

Investment Needed to Minimize Climate Change

Source: Bloomberg New Energy Finance

An earlier version of this story represented the IEA’s scenario for solar in 2050 as a forecast when it was in fact one of several possible scenarios. The IEA does not make any forecasts for specific expectations after the 5-year mark, according to spokesman Greg Frost.

http://www.bloomberg.com/news/articles/2015-04-14/fossil-fuels-just-lost-the-race-against-renewables

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Breakthrough could help solve solar power’s biggest problem: Power generation at night

April 16, 2014

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The research team’s goal was to see if packing a solution with carbon nanotubes in an appropriate configuration could significantly increase the amount of energy stored. One of the more interesting findings of the team, in fact, was that while they were unable to hit the necessary density of azobenzene molecules, adding carbon nanotubes drastically increased the overall efficiency.

One of the most fundamental barriers to the widespread adoption of renewable energy has been the inconvenient truth of planetary rotation. Solar power has advanced enormously over the past few decades but panel efficiency and solar concentration plants are of limited assistance when Apollo is busy elsewhere on the Earth. Now, researchers think they’ve found a partial solution to that problem by combining the known properties of one substance with everyone’s favorite technological advance: carbon nanotubes.

One of the problems with electrical power generation is that we’re much better at generating electricity than we are at storing it. This makes it difficult to rely solely on renewable sources for electricity; power generation can vary substantially in any given area depending on prevailing weather conditions at the time. One solution to the problem is to build out 2-3x the capacity needed to provide average power consumption, but the capital costs associated with doing so are extremely high and there are only so many ideal spots to stick a giant solar concentration facility in any case.

What’s needed is a simple method of converting energy gathered during the day into a resource that can be tapped at night — and Timothy Kucharski, a post-doc at MIT and Harvard, thinks his team has found it.

Of photoswitches and nanotubes

Kucharski’s work is based on the well-known properties of azobenzenes. These are molecules, dubbed photoswitches, that have one particular molecular configuration by default but, when struck by certain frequencies of ultraviolet light, assume a new configuration, as shown below.

Azobenzene

When the molecule “relaxes” from its excited state to its base state it releases about 50KJ/mol-1 of energy. The research team’s goal was to see if packing a solution with carbon nanotubes in an appropriate configuration could significantly increase the amount of energy stored. One of the more interesting findings of the team, in fact, was that while they were unable to hit the necessary density of azobenzene molecules, adding carbon nanotubes drastically increased the overall efficiency. The carbon nanotube’s form chains to which the azobenzene molecules can attach, with multiple nanotubes locking together. The end result was that instead of a 30% energy density increase, the researchers saw a greater-than 200% increase — from 50KJ/mol-1 to 120KJ/mol-1.

Photoswitch cycle

In the grand scheme of things, 120KJ/mol-1 isn’t a great deal of energy, but it hints at broader applications if the CNT density can be scaled up further. If the research team had hit their original density goals, the final stored power could be as much as double the amount achieved today. Kucharski claimed that the azobenzene could be stored in liquid form and charged in a closed-loop gravity-fed system. “It would also enable charging by flowing the material from a storage tank through a window or clear tube exposed to the sun and then to another storage tank, where the material would remain until it’s needed,” Kucharski said in an email. “That way one could stockpile the charged material for use when the sun’s not shining.”

The goal would be to create a short-term thermal battery that could be used to power a stove or other heat sources during the night after charging all day. A gravity system would be simple, with few moving parts. The long-term goal is to create a system that could be used to provide thermal power for entire buildings and to further increase efficiency.

While it’s not a full-scale solar battery, discoveries like this could make solar power far more useful in developing nations, which still rely primarily on wood or peat for cooking fuel.

http://www.extremetech.com/electronics/180697-breakthrough-could-help-solve-solars-biggest-problem