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Energy Evolved

Energy Evolved. Thanasi Tsardidis. Anthony Adam. Richard Brizan. Agenda. Current State Types of Energies Transitions Best Sources Effects on Economy What you can do Conclusion. Current State. Oil and Gas are finite World is using more than it’s discovering

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Energy Evolved

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  1. Energy Evolved Thanasi Tsardidis Anthony Adam Richard Brizan

  2. Agenda • Current State • Types of Energies • Transitions • Best Sources • Effects on Economy • What you can do • Conclusion

  3. Current State • Oil and Gas are finite • World is using more than it’s discovering • Currently Consume 84.5 million barrels/day • Increasing energy needs from China and India • R&D in new types of energy

  4. Kilo/Mega/Giga/TeraWatts! • 1 KW = 1 Thousand Watts • 1 MW = 1 Million Watts • 1 GW = 1 Billion Watts • 1 TW = 1 Trillion Watts

  5. Current Consumption

  6. Power Example Rating KWh/year @ $0.15/KWh MacBook Pro: 58 Watts 508 $76.21 Desktop: 300 Watts 2628 $392.20

  7. Levelised Energy Cost - LEC Economic assessment Includes all costs over lifetime of a project • Initial Investment • Operations • Maintenance • Cost of Fuel • Cost of Capital LEC = Break-even point

  8. EROI • Energy Return On Investment • (cumulative electricity generated) / (cumulative primary energy required) • If EROI is >1 than production is profitable

  9. Types of Energies

  10. Solar • Solar cells convert sunlight into energy • Live in California • Avg. Monthly electric bill: $80 • Cost associated with 50% savings: $10,365 • Payoff Period: 15.86 Years

  11. Solar EROI • Power satellite 2.0 • Power tower 4.2 • Photovoltaics 1.7 to 10.0 Solar LEC Between $0.20 - $0.25

  12. The Power Of Moving Water • Using turbines to generate electricity

  13. Water EROI • 11.2 - 267 Energy Return on Investment Water LEC Between $0.06 - $0.14

  14. Wind Energy • To make electricity, the shaft of the turbine must be connected to an electrical generator. Through gearboxes, the generator converts the mechanical energy of the spinning turbine shaft into electricity.

  15. Wind Energy EROI • 18.1:1 Energy Return on Investment Wind Energy LEC Between $0.06 - $0.13

  16. Biomass Energy • Renewable is considered in human lifespan • Wood, Cellulose, Ethanol, Blogas

  17. Biomass EROI • Ethanol (sugercane) 0.8 to 1.7 • Ethanol (corn) 1.3 • Ethanol (corn residues) 0.7 to 1.8 • Methanol (wood) 2.6 Biomass LEC Between $0.07 - $0.14

  18. Geothermal Energy • Power Extracted from heat within the Earth

  19. Geothermal EROI • Liquid dominated 4.0 • Hot dry rock 1.9 to 13.0 Geothermal LEC Between $0.05 - $0.11

  20. Geothermal Video

  21. LEC Comparisons

  22. Company Transitions • Horse and Carriage • Blacksmith • Commercial Stables • Oil Companies Automobile Auto Repair Gas Station Alternative Energy Providers

  23. KEMA • Utility of the Future is an umbrella for the transition in the energy industry's business models, technology platforms, and industry structure that will occur as a result of renewable technologies, smart grid, and increasing decentralization of all aspects of energy production and delivery

  24. KEMA • Energy Transition • Wind Integration • Electric Vehicles • Energy Storage

  25. Co-firing bio mass with Coal • 20% Coal Input Reduced Emissions • 20% Renewable Bio Mas

  26. BMW Transition • Most expensive hybrid • $100,000 Price tag • 480 HP • Most powerful hybrid • Battery runs at 60km/h

  27. BMW Video

  28. Government Shifts • USA • Increase US Corporate Fuel Economy standards • Cash Incentives for Solar Panels • LA banning coal by 2020 • Canada • 2 billion to carbon capture • BC Carbon tax

  29. Government Shifts • India • Water harvesting • Efficient transit systems • Solar Energy • China • Automobile fuel standards • Largest solar-powered buliding • Investing in biofuels

  30. Market Shifts • Google and Solar Power • Europe’s Super Grid • Suncor: Oil Sands to Wind and Bio Energy

  31. Google • Investments in thin-film solar cells • Develop new technology • Reduce cost by 50 percent • Production of heliostats • Acquired solar tech companies • Waiting for FTC approval

  32. Europe & the Supergrid • European Commission 2020 plan • Sustainable growth • Reduce carbon emissions to 20% of 1990 level • Upgrade to European supergrid • Create 600,000 new jobs • Increase GDP by 0.6 to 0.8%

  33. Europe & the Supergrid • Grid developed by Airtricity and ABB • Carry power from Eastern Europe to the UK • Connected to wind farms • Wind farms down time • Transport power • Improve energy market

  34. Suncor Energy Inc • Canadian energy company • Specialized in synthetic crude oil from oil sands • Using those profits and investing in renewable energy • Wind farms • Ethanol Plant

  35. Suncor Energy Inc • Reduce impact of Oil Fields • $1 billion to improve water and air conditions • Working UofA researchers • Improving efficiencies • Upgrading plants in Edmonton and Fort MacMurray

  36. Suncor Energy Inc • Wind farms • Four across Canada • Combined 147 megawatts annually • Reduce 284,000 tonnes of CO2 emissions • New power initiative goal

  37. Suncor Energy Inc • Ethanol Plant • Located in Ontario • 200 million litres of ethanol • 46 full-time jobs • $120 million expansion

  38. Conclusion • Renewable energies • Profitable • Better for environment • Meet demand for energy • More push for renewable energies and development • Become less reliant on oil and coal

  39. Energy Evolved Thanks, Thanasi Tsardidis Anthony Adam Richard Brizan Questions?

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