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"The Energy Year In Review, 2018"
Special Section: The Energy Grab Bag
Be sure to visit us every day through December
for your daily dose of interesting information about energy
Special Section: The Energy Grab Bag
Be sure to visit us every day through December
for your daily dose of interesting information about energy
Daily Dose: December 11, 2018
Retrospective: Ten years ago (December 2009), T. Boone Pickens named his 7 most influential people in energy:
Retrospective: Ten years ago (December 2009), T. Boone Pickens named his 7 most influential people in energy:
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Daily Dose: December 10, 2018 - the next new-new-things in energy-tech
According to a recent AES expert Member survey, the following are 5 technologies that have the most innovation potential in the short-term, plus a bonus technology added by the Editor:
According to a recent AES expert Member survey, the following are 5 technologies that have the most innovation potential in the short-term, plus a bonus technology added by the Editor:
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1st place: Carbon capture, storage and utilization (CCUS) - This technology is promising but still getting off the ground. There are 15 large-scale CCUS projects operating across the industrial sector and only 2 power-generation projects. Another 20 are in development, but need more than 10 times as many to noticeably reduce emissions. The recent 45Q tax credit in the U.S. should have been an important step in supporting new investment, but it didn't (right: map of CCUS facilities).
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2nd place: Cooling - The efficiency of most air conditioners is far below the best available technology — a major concern as global sales of AC units are projected to reach 10 per second over the next 30 years. In those 3 decades, electricity demand for cooling will equal the current total electricity capacity of the U.S., the EU and Japan put together. Better cooling technology exists, yet the average efficiency of air conditioners sold today is less than half that of other widely available models and only a third of the best available technology.
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3rd place: Solar power - One of the biggest clean energy success stories, solar power has grown over 30% in the last year alone and photovoltaic systems prices have fallen 70% since 2010. China is leading the way, accounting for more than half of all global solar power additions last year and more than two-thirds of global PV module manufacturing. However, first generation of solar is beginning to reach its end in terms of effectiveness. Someone is going to have to figure out what to do with decommissioned panels?
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4th place: Electric vehicles - An additional 1.1 million EVs hit roads last year, bringing the worldwide market to 3 million vehicles. That marks excellent progress but still amounts to less than 1% of the global car fleet. China accounted for nearly half of those sales, while Norway holds the top spot in terms of market share. The autonomy company that AES expert Members project will dominate the market? Waymo - right.
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5th place: Nuclear power - Declining investment, aging fleets and phase-outs signal challenges ahead, while the number of new plants continues to drop sharply. Construction plans by China, India and others — as well as potential advances like small modular reactors — will determine whether nuclear power realizes its potential to provide baseload electricity and help reach global climate targets. Or political will. AES expert Members recommend watch very closely the development of "small modular reactors" (SMRs).
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Editor's Bonus Technology: The neural grid and then - sooner than we think - quantum computing. Instead of using electric signals to generate a series of zeros and ones like a conventional computer, the next generation of computers will rely on the mechanical behavior of photons, which are packets of microwave energy. One of the major roadblocks in innovation? The machines that power the neural grid and quantum computing use enormous amounts of energy. For instance, quantum computing requires a multilayered refrigeration process that brings quantum chips to a temperature just above absolute zero. By eliminating potential interference, the remaining photons are used to solve computational problems.
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