Noah Smith, Bloomberg, 31 January, 2017.
For much of my life, I loved the idea of nuclear power. The science was so cool, futuristic and complicated, the power plants so vast and majestic. I devoured science-fiction novels like “Lucifer’s Hammer,” where a plucky nuclear entrepreneur restarts civilization after a comet almost wipes us out. I thought of accidents like Three Mile Island and even Chernobyl as stumbling blocks to a nuclear future.
Then, in 2011, two things happened. First, a tsunami knocked out the nuclear reactor at Fukushima, forcing a mass evacuation and costing Japan hundreds of billions of dollars. Second, I learned that progress in solar power had been a lot faster and steadier than I had realized. I started taking a closer look at whether nuclear was really the future of energy. Now I’m pretty convinced that my youthful fantasies of a nuclear world won’t come true anytime soon…
… So nuclear power hasn’t become the futuristic dream technology the old science-fiction novels envisioned. Instead, it’s a huge, risky government-subsidized corporate boondoggle. Someday we may have fusion power or small, cheap fission reactors, and the old dream of nuclear will be realized. But unless one of those breakthrough technologies comes to fruition, nuclear isn’t the power of tomorrow.
Here is the full article
Engineering News, 19 April, 2016.
A residential energy solution, which allows homeowners to generate and store their own electricity, has been officially launched in the Western Cape market by Energy Partners Home Solutions, a division of PSG. Dubbed the ‘Icon Home Energy Hub’, the solution comprises roof-mounted solar panels with a 3.1 kWp capacity and an inverter, which converts direct-current electricity produced by the panels to alternating current. The inverter is integrated with a 3.6 kWh lithium-iron phosphate battery, which is able to store energy for use during higher-tariff peak periods. Print Send to Friend 5 0 In fact, the full household solution also includes a hot-water tank, a heat pump and a remote monitoring platform allowing the user to monitor the status of their system directly through a mobile app. However, the company has opted for a modular deployment approach and is willing, for instance, to install only aspects of the overall offering, depending on a homeowner’s requirements. The full solution will cost R167 000 before value added tax and is designed primarily for medium-sized households with a monthly electricity bill of above R1 500.
See the full article here.
RE New Economy, 7 October, 2014.
The flow of analysis about battery storage from big-end investment banks continues apace. Last week it was HSBC and Citigroup with ground-breaking reports – which we wrote about here andhere. UBS also jumped in on the act too.
Why is this so? Well, according to UBS, interest from both investors and corporates has accelerated in recent months. That’s because the big end of town is suddenly alive to the opportunities of a technology that will likely be even more disruptive than solar. And the key is in the forecast on costs.
Citigroup last week cited $230/kWh as the key mark where battery storage wins out over conventional generation and puts the fossil fuel incumbents into terminal decline…
EE Publishers, 25 September, 2014.
(EGI-SA ed.: An excellent article, well worth reading.)
Rooftop , or own generation, solar photovoltaic (PV) systems, are being installed by many commercial and industrial users, including mines, with the aim of reducing energy costs and increasing security of supply. What many users don’t realise is that the load profile results in unused energy which may be utilised to gain further advantages in effective use of the solar power generated. This article examines possible ways to use surplus energy effectively.
Most businesses run a five, or five-and-a-half, day single shift working week with either complete shutdown over weekends or partial shutdown on Saturdays and complete shutdown on Sundays. Even mines have one day a week when the only load is the overhead ventilation and background activities. The solar system however, cannot be switched off and continues to generate energy, which is either wasted, or curtailed to ensure no feedback into the grid. This energy could be stored and effectively used during the working week to reduce total energy demand, lower maximum demand, peak shaving, load shifting and a variety of other demand shaping processes. The advantage of stored energy is that it can be delivered to the load in any profile desired to achieve whatever aim is required if smart storage is used..
EE Publishers, 13 August, 2014.
The multi-billion rand Ingula Pumped Storage Scheme has, like many around the world of this magnitude and complexity, suffered delays – not least the site closure ordered by the Department of Labour after last year’s tragic accident which claimed the lives of six construction workers. However progress has been made since the incident in October last year on both underground and above ground facilities.
The Ingula Pumped Storage Scheme is now in its seventh year of construction and had it not been for the tragic accident one of the four 333 MW reversible pump turbines would be undergoing commissioning at this time. The Eskom project is located between Ladysmith and Harrismith in the Little Drakensberg, and will have a generating capacity of 1332 MW available during periods of peak demand and to supplement base load when necessary – for example during outages or essential maintenance of other generating plant…