Floating Power Plants Are Opening a New Energy Frontier
Trump Says South Korea Deal Includes $8.4 Billion U.S.
Oil Project Haley Zaremba is an energy journalist and researcher with more than a decade of professional experience covering global energy systems, land and natural resources, and… The renewable revolution is running out of space.
Utility-scale solar and wind farms take up enormous tracts of land and are facing increasing legal pushback from many of the communities where their development is planned.
However, an enormous expansion of clean energy resources is still needed to stay on track with any feasible pathway toward keeping global warming within 1.5º Celsius of pre-industrial averages – the threshold to avoid the very worst impacts of climate change.
Moreover, the expansion of renewable energies is becoming more and more critical to global energy security as energy independencebecomes the order of the hour.
Against this backdrop, low-emissions energy production technologies that don’t take up a lot of space on land are garnering increasing investment attention for their potential to fill a void in the market.
Many of these emerging technologies still take up space, but they’re moving off land and into the water in search of new frontiers.
These floating power plants could become essential lifelines for coastal cities, and especially ‘population hotspots’, that need to expand their clean energy generation capacity but face increasing competition over scarce land.
“Floating power plants can offer a permanent supply of energy, including for whole cities such asPevek in RussiaandLuanda in Angola,” The Conversation wrote in a report published earlier this week.
“They can also provide temporary power for specific activities such as mining, or during emergencies including natural disasters or when infrastructure fails,” the article went on to say.
These floating power plants can come in different forms.
As explained by The Conversation, they can be on ships, such as the very first floating power plant, the cargo ship SS Jacona, which was converted into a power source for the Northeast Coast of the United States way back in 1931.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
Comments
Post a Comment