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Freedom 2030

Freedom 2030 serves as a forum for the exchange of ideas among government officials, researchers, and industry leaders. We are all focused on the opportunity to remove Eleuthera\'s oil dependence by 2030.
This is a tremendous opportunity to make a real impact in island energy systems and brand both Eleuthera and The Bahamas as a cutting edge destination that is truly engaged in sustainability.

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Freedom 2030

  1. 1. Freedom 2030 Eleuthera – an Island to Reinvent the World February 8th, 2008
  2. 2. If the Earth were only a few feet in diameter, floating a few feet above a field somewhere, people would come from everywhere to marvel at it. People would walk around it, marveling at its big pools of water, its little pools, and the water flowing between the pools. People would marvel at the bumps on it, and the holes in it, and the different areas on it. And they would marvel at the very thin layer of gas surrounding it and at the water suspended in the gas. People would marvel at all the creatures walking around the surface of the ball, and at the creatures in the water, and at the green vegetation growing on the surface. The people would declare it as sacred, because it was the only one, and they would protect it so that it would not be hurt. The ball would be the greatest wonder known, and people would come to pray to it, to be healed, to gain its knowledge, to know its great beauty, and to defend it with their lives because they would somehow know that their lives, their own roundness, could be nothing without it.
  3. 3. We will not fight to save that which brings us no profit. Lunch, my friends, is not free!
  4. 4. Strange Confluence: costs, technologies, values, environment, regulation = opportunity.
  5. 5. Why are we here? • We are a group of policy makers, practitioners, financiers, community members and educators who wish to take early, decisive action to maximize opportunity and minimize hardship associated with global ecological challenges • We see in Eleuthera the potential to create a cutting edge model that delivers real world success in resource self-sufficiency utilizing sustainable design.
  6. 6. Goals for February 8th Session: • Articulate the vision of an energy self-sufficient island using renewable resources while enhancing profitability, reliability, jobs and marketability on the island of Eleuthera. • Galvanize government support for the Freedom 2030 concept. • Identify funding opportunities from a diverse set of stakeholders, banks and multi-lateral agencies. • Identify possible strategic partners and stakeholders to join us in the Freedom 2030 project. • Identify hurdles, challenges and next steps.
  7. 7. Energy in the Caribbean • Resources: sun, wind, ocean • Standards: oil, gas
  8. 8. The Risk… What is at stake? ▫ High Cost of Energy ▫ Carbon Taxation ▫ Climate Change – Storm Events – Sea Level ▫ Tourism Impacts ▫ Quality of Life
  9. 9. Bahamas Domestic Production v. Consumption $277 $7,000 $6,000 Financial & Business Services $2,493 $5,000 Manufacturing $416 Value ($ MM) $4,000 Tourism Construction $1,200 $3,000 $2,000 Hospitality $2,540 Elec. Production $578 $1,000 Oil Imports $759 Domestic Exports $674 $- Revenue (GDP) Costs Earnings
  10. 10. US Energy Flow Lawrence Livermore National Laboratory
  11. 11. Bahamas Electricity Consumption Projections 3,500 3,000 2,500 Energy (GWh) 2,000 1,500 1,000 +58% 500 (1162 GWh) 0 1980 1985 1990 1995 2000 2005 2010 2015
  12. 12. Source: US National Ocean and Atmospheric Administration (NOAA) / UK Climate Research Institute
  13. 13. “Warming of more than 10C above today’s level will make the Earth warmer than it has been in a million years”. Dr. James Hansen, NASA GISS
  14. 14. “Business-as-usual, with fossil fuel CO2 emissions continuing to increase will mean an additional 0C to 30C this warming of 2 century and will make the Earth a different planet.” Dr. James Hansen, NASA GISS
  15. 15. “At20C to 30C the new equililibrium sea level is approximately 25 meters (80 feet) higher than today. Real world data suggest sea level changes in centuries rather than millenia.” Dr. James Hansen, NASA GISS
  16. 16. New Haven Montauk New York City Long Beach Atlantic City Weiss and Overpeck, University of Arizona Wildwood
  17. 17. New Haven Montauk New York City Long Beach Sea Level +1M Atlantic City Weiss and Overpeck, University of Arizona Wildwood
  18. 18. New Haven Montauk New York City Long Beach Sea Level +6M Atlantic City Weiss and Overpeck, University of Arizona Wildwood
  19. 19. Dover Ocean City Hampton Weiss and Overpeck, University of Arizona Virginia Beach Norfolk
  20. 20. Dover Ocean City Hampton Virginia Beach Sea Level +1M Norfolk Weiss and Overpeck, University of Arizona
  21. 21. Dover Ocean City Hampton Virginia Beach Sea Level +6M Norfolk Weiss and Overpeck, University of Arizona
  22. 22. Baton Rouge Lake Beaumont Charles New Orleans Weiss and Overpeck, University of Arizona
  23. 23. Baton Rouge Lake Beaumont Charles New Orleans Sea Level +1M Weiss and Overpeck, University of Arizona
  24. 24. Baton Rouge Lake Beaumont Charles New Orleans Sea Level +6M Weiss and Overpeck, University of Arizona
  25. 25. Jacksonville Panama City Daytona Beach St. Petersburg Fort Meyers Ft. Lauderdale Miami Weiss and Overpeck, University of Arizona
  26. 26. Jacksonville Panama City Daytona Beach St. Petersburg Fort Meyers Ft. Lauderdale Miami Sea Level + 1M Weiss and Overpeck, University of Arizona
  27. 27. Jacksonville Panama City Daytona Beach St. Petersburg Fort Meyers Ft. Lauderdale Miami Sea Level + 6M Weiss and Overpeck, University of Arizona
  28. 28. Additionally…. • How to maintain energy affordability with $100/barrel oil? • Impact on foreign direct investment for tourism and other national industries as energy prices continue to rise? • How will The Bahamas afford to keep its economy running?
  29. 29. The Opportunity Land Area = 484 km2 Population ~ 8,300 Electrical Consumption = 45,737 MWh Annual Gas Consumption = 1,550,000 gal Annual Diesel Consumption = 432,000 gal Annual Carbon Liability = 47,856 tons CO2e
  30. 30. The Opportunity Solar Resource = 5.3 kwh/m2/day Available Annual Radiation = 936,000,000 MWh. PV Required to Produce Est. Power = 55 MW Land Area = 0.08% (425,000 m2) Cost/KwH = $0.20
  31. 31. Solar Energy that Falls on Each Square Foot in a Year by Surface 700 Roof South Facade 600 Consumption 500 KBtu / SF / YR 400 300 200 100 0 al a H ue ua go a tle l ti a nt ic BA ci rq ag ca at R tla er en ue Se ar u, hi m ta A id sa C ic om os uq es N as C lb R C A N l/ ia r st du In
  32. 32. Solar Energy that Falls on Each Square Foot in a Year by Surface 700 Roof South Facade 600 Consumption 500 KBtu / SF / YR 400 300 200 100 0 al H a ue ua go a tle l ti a nt ic BA ci rq ag ca at R tla er en ue Se ar u, hi m ta A id sa C ic om os uq es N as C lb R C A N l/ ia r st du In
  33. 33. Eleuthera Energy Supply By End Use (in 1,000 x MBTU) 1,700,000 Diesel Electricity Diesel Fuel Gasoline 560,000 5,300,000
  34. 34. Electrical Energy Supply Eleuthera Energy Sold Eleuthera Diesel Energy Supplied Lost Energy = 70% 0 1E+11 2E+11 3E+11 4E+11 5E+11 6E+11 BTU
  35. 35. Wind Resources = 5.6 m/s Annual Average 10 MW Capacity produces ~ 16.8 Gigawatt hours annually
  36. 36. Biofuels 1 MM GPY Waste Oil Plant 2,000 Acres of fallow land for the production of algae based oils using brackish water (6 MM GPY) and converted to biodiesel Large Scale Job Creation Carbon Credits
  37. 37. Confidential and Proprietary Biofuels
  38. 38. 1MM GPY Layout
  39. 39. Thank You.

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