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Electricity Options for the Future
RENEWABLE ENERGY

3-Aug-09
Want is Renewable Energy?



    “Renewable Energy is energy which is renewable within a
    human lifetime and can be produced safely and equitably for
     all time with minimal impact on the environment and future
                             inhabitants”


                         Clean
                      Non-polluting
                       Sustainable


2   3-Aug-09
Why Renewable Energy

                          Climate change

                 Mandatory Renewable Energy Target
                     (MRET – the 20/20 target)

                 Carbon Pollution Reduction Scheme
                               (CPRS)

               Renewable Energy Development Program
                             (REDP)

                          Solar Flagships

3   3-Aug-09
Why is renewable energy such a ‘big ask’?




                     High cost

                       Risky

               Lack of despatchability

                      Different




4   3-Aug-09
Main Renewable Energy Types

                 Wind          Mature


                 Solar         Mature


                Biomass        Mature


                 Wave          Demonstration


               Geothermal      Emerging


                  Tidal        Demonstration


5   3-Aug-09
WIND
                       Proven
                    Available now
               The cheapest renewable
                      Variable
                    Highly visible




6   3-Aug-09
The Modern Wind Turbine



               Most common design
                used nowadays is;
                   Three bladed
                   Up-wind
                   Horizontal axis
                   Pitch controlled
                   Steel, tubular tower
                   Epoxy/polyester blades
                   Variable or constant
                   speed




7   3-Aug-09
Photo courtesy Verve Energy




Coral Bay (2007) – tilt down wind turbine
 8   3-Aug-09
Wind Turbines Are Getting Bigger




    30kW          225kW          225kW    600kW   1.8MW   600kW



           Photos courtesy Verve Energy
9   3-Aug-09
Cathedral Rocks, SA, 2004
 10   3-Aug-09
SOLAR

                     Proven
                  Available now
                   Next in line?
                Predictable output
                 Load coincident


11   3-Aug-09
The Earth’s Sun Belt




12   3-Aug-09
Solar Energy – Two Types


           Photo Voltaic           Concentrating Solar Power
                  PV                            CSP
         Sunlight to Electricity    Sunlight to Heat to Electricity




                                                               Heat


                                        Solar Concentrator


                                                             Electricity




13   3-Aug-09
Photovoltaics




                Photovoltaics

                       PV
                Sunlight to Electricity




14   3-Aug-09
PhotoVoltaic (PV)




                Flat Plate PV

                                Concentrating PV


                Thin Film PV




15   3-Aug-09
Solar Systems Ltd. Dish/ PV




16   3-Aug-09
CSP



                Concentrating Solar Power

                         CSP
                        Sunlight to Heat




17   3-Aug-09
Main CSP Types
                        Parabolic Dish Engine




                                                                Parabolic Trough




                                                Concentrating
                                                Linear
                                                Fresnel
                                                Reflector
                Central Receiver


18   3-Aug-09
CSP - Parabolic Trough




19   3-Aug-09
CSP - Parabolic Dish (Stirling Engine)




20   3-Aug-09
Spain PS10 & PS20 Power Towers




     Source: Koza1983



21   3-Aug-09
22   3-Aug-09
A Giant Footprint




23   3-Aug-09
Wave Energy




                WAVE ENERGY


24   3-Aug-09
Wave Energy
                CONTACT CARNEGIE RE
                USE




25   3-Aug-09
Dry Hot Rocks




                DRY HOT ROCKS


26   3-Aug-09
Geothermal – “Hot Rocks”




27   3-Aug-09
But it is not all good news


                   High Cost

                Technology Risks

                  Intermittency

                 Energy Storage


28   3-Aug-09
Costs




                   Capital Cost
                           vs
                   Energy Cost
                (Levelised Cost Of Energy)




29   3-Aug-09
LCOE




$/kWh



                                    PV

                              CSP




                       Wind
                 Gas
          Coal

                                         Time

30   3-Aug-09
Technology Risks


                           Risk of scale-up

                            Cost overruns

                  Failure to meet performance targets

                            Failure to work

                These risks affect project BANKABILITY




31   3-Aug-09
Despatchability                   Predictability




                                  Dance Partner



                 Load Following                     Energy Storage




32   3-Aug-09
The Holy Grail



                              Energy Storage




                Electricity                    Other

                                   Heat




33   3-Aug-09
Hot Salt – Thermal Energy Storage

                                            Electricity
                Sunlight




34   3-Aug-09
In Conclusion


                       Future of renewables in WA

                     Early movers – wind & biomass

                      Next movers - solar and wave

                Major challenges - cost and technology risk

                      There will be no single winner




35   3-Aug-09

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Electricity Options for the Future by Barry Lake

  • 1. Electricity Options for the Future RENEWABLE ENERGY 3-Aug-09
  • 2. Want is Renewable Energy? “Renewable Energy is energy which is renewable within a human lifetime and can be produced safely and equitably for all time with minimal impact on the environment and future inhabitants” Clean Non-polluting Sustainable 2 3-Aug-09
  • 3. Why Renewable Energy Climate change Mandatory Renewable Energy Target (MRET – the 20/20 target) Carbon Pollution Reduction Scheme (CPRS) Renewable Energy Development Program (REDP) Solar Flagships 3 3-Aug-09
  • 4. Why is renewable energy such a ‘big ask’? High cost Risky Lack of despatchability Different 4 3-Aug-09
  • 5. Main Renewable Energy Types Wind Mature Solar Mature Biomass Mature Wave Demonstration Geothermal Emerging Tidal Demonstration 5 3-Aug-09
  • 6. WIND Proven Available now The cheapest renewable Variable Highly visible 6 3-Aug-09
  • 7. The Modern Wind Turbine Most common design used nowadays is; Three bladed Up-wind Horizontal axis Pitch controlled Steel, tubular tower Epoxy/polyester blades Variable or constant speed 7 3-Aug-09
  • 8. Photo courtesy Verve Energy Coral Bay (2007) – tilt down wind turbine 8 3-Aug-09
  • 9. Wind Turbines Are Getting Bigger 30kW 225kW 225kW 600kW 1.8MW 600kW Photos courtesy Verve Energy 9 3-Aug-09
  • 10. Cathedral Rocks, SA, 2004 10 3-Aug-09
  • 11. SOLAR Proven Available now Next in line? Predictable output Load coincident 11 3-Aug-09
  • 12. The Earth’s Sun Belt 12 3-Aug-09
  • 13. Solar Energy – Two Types Photo Voltaic Concentrating Solar Power PV CSP Sunlight to Electricity Sunlight to Heat to Electricity Heat Solar Concentrator Electricity 13 3-Aug-09
  • 14. Photovoltaics Photovoltaics PV Sunlight to Electricity 14 3-Aug-09
  • 15. PhotoVoltaic (PV) Flat Plate PV Concentrating PV Thin Film PV 15 3-Aug-09
  • 16. Solar Systems Ltd. Dish/ PV 16 3-Aug-09
  • 17. CSP Concentrating Solar Power CSP Sunlight to Heat 17 3-Aug-09
  • 18. Main CSP Types Parabolic Dish Engine Parabolic Trough Concentrating Linear Fresnel Reflector Central Receiver 18 3-Aug-09
  • 19. CSP - Parabolic Trough 19 3-Aug-09
  • 20. CSP - Parabolic Dish (Stirling Engine) 20 3-Aug-09
  • 21. Spain PS10 & PS20 Power Towers Source: Koza1983 21 3-Aug-09
  • 22. 22 3-Aug-09
  • 24. Wave Energy WAVE ENERGY 24 3-Aug-09
  • 25. Wave Energy CONTACT CARNEGIE RE USE 25 3-Aug-09
  • 26. Dry Hot Rocks DRY HOT ROCKS 26 3-Aug-09
  • 27. Geothermal – “Hot Rocks” 27 3-Aug-09
  • 28. But it is not all good news High Cost Technology Risks Intermittency Energy Storage 28 3-Aug-09
  • 29. Costs Capital Cost vs Energy Cost (Levelised Cost Of Energy) 29 3-Aug-09
  • 30. LCOE $/kWh PV CSP Wind Gas Coal Time 30 3-Aug-09
  • 31. Technology Risks Risk of scale-up Cost overruns Failure to meet performance targets Failure to work These risks affect project BANKABILITY 31 3-Aug-09
  • 32. Despatchability Predictability Dance Partner Load Following Energy Storage 32 3-Aug-09
  • 33. The Holy Grail Energy Storage Electricity Other Heat 33 3-Aug-09
  • 34. Hot Salt – Thermal Energy Storage Electricity Sunlight 34 3-Aug-09
  • 35. In Conclusion Future of renewables in WA Early movers – wind & biomass Next movers - solar and wave Major challenges - cost and technology risk There will be no single winner 35 3-Aug-09