Unlimited Energy: Creating Global Prosperity Through Renewable Energy Solutions
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Transcript of Unlimited Energy: Creating Global Prosperity Through Renewable Energy Solutions
Unlimited Energy:Creating Global Prosperity Through
Renewable Energy Solutions
This presentation copyright 2008 Andrew Duggan. Unlimited non-commercial distribution is permitted - please feel free to share!
Commercial use is prohibited without express written permission of the author.
WE CAN POWER THE WORLD and the WE CAN POWER THE WORLD LOGO are trademarks owned by We Can Power The World Foundation.
Humanity’s Top 10 Problems1. Energy 2. Water3. Food4. Environment5. Poverty 6. Terrorism and War7. Disease8. Education9. Democracy10. Population
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Source: Professor R.E. Smalley, Rice University
Solve the Energy Problem...
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solar power image
1. Energy 2. Water3. Food4. Environment5. Poverty 6. Terrorism and War7. Disease8. Education9. Democracy10. Population
... And We Solve Many Issues Facing Mankind
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1. Energy 2. Water3. Food4. Environment5. Poverty 6. Terrorism and War7. Disease8. Education9. Democracy10. Population
A Closer Look at the Water Problem
•We Have Plenty of Water on the Planet!•And yet:
•1.1 BILLIONPeople lack safe drinking water
•2.6 BILLIONPeople are without adequate water for sanitation
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Source: United Nations Statement on Water Crisis
How Big is the Water Problem?• The Global Picture
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Causes of Disease Worldwide
Source: World Bank
How Big is the Water Problem?
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• In the USA • Worldwide
Sources: US Drought Monitor: Mark Svoboda, National Drought Mitigation Center; Global Drought Monitor: University College, London
Where Does Our Energy Come From?• Global Energy Usage
•220 million barrels of oil per day
•14.5 TeraWatts (TW), or 14,500,000 MegaWatts (MW) (Source: Richard Smalley, 2004)
• Sources of Global Energy•86% of our energy comes from
fossil fuels
•Half the planet using Biomass• They are not using much energy• But this is changing rapidly
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Renewable TechnologiesHydropowerBiomassNuclearFossil Fuels
Source: BP Statistical Review of World Energy, June 2006
Exponential Rise in Population
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Source: U.S. Census Bureau
Columbus Lands In America
Gengis KhanInvadesChina
Sir IsaacNewton Born
Wright BrothersFly Kitty Hawk
Internet
Moon Landing
NormansConquer
British Isles
BlackPlague
Our Generation’s Challenge
•Provide a Reasonable Quality of Life for All People
•33 TW of power by 2050= 500 Million barrels of oil per day
•New, affordable energy sources are needed
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Source: World Energy Council
The Simple Truth
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Oil Will Never Be Cheap Enough To Enable Global Peace and Prosperity
The Simple Truth
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We Need A Revolution in Energy Production and Distribution
Plan A: Build More Power Plants
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Globally, 18,500 additional 1 GW power plants would need to be constructed by 2050
Build 1.3 Power Plants
Every Day Until 2050
We Need A “Plan B!”
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Plan B: Renewable Energy Revolution•165,000 TW of sunlight hits the earth every day
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Woldwide Energy Needs, 2050Solar Energy Available
Meeting the Challenge
• Increase our Investments in Renewable Energy Solutions
• Support Political Courage
• Expand Our Energy Production and Distribution Capacity
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The Opportunity Is Emerging Now for a Large Scale Makeover of the $3 Trillion
Global Energy Marketplace
Invest in Renewable Energy
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Virtually every sector will present
opportunities.
Here are just a few.
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Sectors of Opportunity•Industrials
• Capital Goods• Aerospace/Defense• Transportation
•Information Technology• Semiconductors and
Semiconductor Equipment• Software
•Health Care• Life Sciences• Health Care Technology
•Financials• Capital Markets• Real Estate Investment Trusts• Insurance
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Capital Goods• Providers of wind and natural
gas turbines, and solar and nuclear generation equipment are seeing booming business
• Water treatment technologies increasingly in high demand
Sectors of Opportunity•Industrials
• Capital Goods• Aerospace/Defense• Transportation
•Information Technology• Semiconductors and
Semiconductor Equipment• Software
•Health Care• Life Sciences• Health Care Technology
•Financials• Capital Markets• Real Estate Investment Trusts• Insurance
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Software• Server virtualization technology
uses less physical servers and leads to reduced power and cooling needs
• Utilities like PG&E offer financial incentives to companies who undertake IT virtualization projects
Chemicals• New product opportunities:
emissions treatment, additives and catalysts for cleaner fuels and fuel cells
• Improvements in energy-efficiency through better insulation and lighter weight materials
• New materials for solar panels and wind turbines
Sectors of Opportunity
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•Consumer Staples• Beverages• Food Products
•Consumer Discretionary• Autos and Auto Components
•Materials• Chemicals• Metals & Mining• Paper & Forest Products
•Energy• Oil Gas and Consumable
Fuels• Coal
•Utilities• Electric Utilities• Gas Utilities
Support PoliticalCourage
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Leadership in a Time of Great Change
•Global Energy Policy Leadership: •Energy policy not tied to election
cycles
•Make the investments necessary for real change to occur
•Legislation:•Enforce existing environmental laws
•Create meaningful tax incentives to foster widespread use of renewable energy
•Create a path away from our current energy fossil fuel sources
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Expand ourProduction &Distribution
Capacity
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3 Steps to Solving the Energy Issue at Home
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STEP ONE:Implement Local Storage
STEP TWO:Add More Capacity to
the National Grid
STEP THREE:Upgrade the National Grid
Step One: Implement Local Storage
•Store power in your own home•Augmented by local generation
•Solar, wind, geothermal, etc.
•Load up at night from the grid with cheap power
•Buy low, sell high to the grid - Smart Grid
•This solution means that our national grid does not need to be very reliable
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Step Two: Add More Capacity to the National Grid
•With local storage, the grid can take on variable power sources for base load: •Solar
•Wind
•Wave
•Geothermal
•In addition to other more consistent renewables:•Hydroelectricity
•Biomass
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U.S. National Transmission Grid
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• There is growing evidence that the U.S. transmission system is in urgent need of modernization.
• The system has become congested because growth in electricity demand and investment in new generation facilities have not been matched by investment in new transmission facilities...
• Because the existing transmission system was not designed to meet present demand, daily transmission constraints or “bottlenecks” increase electricity costs to consumers and increase the risk of blackouts.
National Transmission Grid StudyU.S. Department of Energy, May 2002
Step Three: Upgrade the National Grid•What are the problems with the current grid?•Congestion and bottlenecks •Transmission loss is high•Distance limitations
•Solution: Rewire the grid •High-voltage power cables
(such as superconductors) •Continental and even worldwide
electrical energy transportation•Transport hundreds of gigawatts over
thousands of miles
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We All Must Play A Part
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A Way Forward
• Increase our Investments in Renewable Energy Solutions
• Support Political Courage
• Expand Our Energy Production and Distribution Capacity
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Get Involved!
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1. Share this presentation and participate in the discussion.
2. Visit our website and join in:WeCanPowerTheWorld.org