Energy Tech Roundup March 29
Welcome to this week's Energy Tech Roundup. In this batch, we have stories on plans to build the world's largest solar power plant with battery backup in Florida, hydrogen production in Scotland's Orkney Islands, and the increase in demand for offshore wind power.
The Race to Build the World's Largest Solar-Storage Plant Is On
Large solar farms are being constructed worldwide: in Arizona, Texas and Saudi Arabia. Now NextEra Energy is planning to build a new battery-backed solar farm on the west coast of Florida, near Tampa. This Bloomberg article explains that as both battery and solar technology costs fall, bigger solar farms will be planned with battery backup built in. NextEra's solar project is scheduled to be finished in 2021 and will replace more than 1600 megawatts of gas-fired energy generation. The next largest solar/battery combo is a 100 megawatt project in Australia.
How Hydrogen is Transforming These Tiny Scottish Islands
This story from the BBC explains how the Orkney Islands, part of Scotland, awash in its own electricity produced from tidal, wind, and wave energy, uses its excess electricity to produce hydrogen. By doing this, the Orkney Islands further their green energy production without having to scale down its already high electrical production. So if there is too much wind one day, the energy generated can be used to create hydrogen (in effect storing the energy) and then utilize, store, or transport it later. This is a perfect solution for a region that produces far more energy than its inhabitants could ever use.
As Global Energy Demands Grow, So Does Appetite for Offshore Wind
Energy demand around the world is growing at its fastest pace in ten years according to Forbes, with fossil fuels meeting about 70% of that need. Nuclear, solar and wind meet the other 30% of demand, with wind production of all types responsible for producing about 660GW in 2018. With new off shore wind tech growing and improving every year, it is expected off shore wind in particular will see almost $1.5 trillion in investments by 2050. Massive growth is predicted in Asian nations in particular, including China, South Korea and Taiwan.