STAFF NEWS & ANALYSIS
How Trading Renewable Energy Will Grow the Industry
By Chelsea Ellsworth - August 30, 2017

As the world becomes more environmentally aware, all eyes are on finding sustainable, long-term solutions to replace the use of non-renewable materials such as fossil fuels. Great steps are being taken to reduce greenhouse gases, notably carbon emissions, with recruiters like NES constantly looking to place talented individuals into key positions within the energy industry – but what could Europe’s renewable energy revolution have in store for the industry?

International power grid

Believe it or not, a relatively quiet mission is currently underway to create an economically significant and internationally successful power grid. It will help many countries benefit from natural resources like never before. It may sound like something from a futuristic movie, but an impressively intricate project has already begun to connect Britain to Norway’s huge hydroelectric power supplies.

The project will take years to complete, but when finished power lines running through a Norwegian mountain near Kvilldal will connect to Blythe in Northumberland via the longest undersea power cable in the world, stretching 450 kilometers.

The plan? To allow the UK and Norway to import and export natural power sources. The UK could import 1400 megawatts of electricity, enough to power over 750,000 homes. Norway will benefit from wind energy exported from the UK in a scheme that’s both intelligent and efficient.

The trade of surplus energy

The trade of surplus energy from one country to another forms the backbone of Europe’s renewable energy revolution. Using power interconnectors to link nations together in an eco-friendly way is a logical step when it comes to reducing emissions. But what does this mean for the future of energy usage?

An international power grid can theoretically produce more reliable energy supplies by helping to reduce the effects of intermittent energy produced by renewables such as wind and solar power.

Northern European countries, for instance, that produce large amounts of energy from the wind can trade electricity with sunnier European climates offering reliable and efficient solar power. The use of surplus energy is an innovative and forward-thinking approach to reducing the carbon footprint here on Earth and, if successful, could go a long way to reducing greenhouse gases. A successful international network of natural power could also drive down wholesale energy prices as people are given an alternative to how they fuel their lives.

Interconnectors already in use

With the Norwegian-UK project well underway, it’s also worth noting that interconnectors are already being used. The UK is connected to electricity sources in France and Ireland. Interconnectors in multiple other countries, including Belgium are in the advanced stages of planning or construction. Indeed a new interconnector linking the UK with France has recently been approved and looks set to power up to two million homes ensuring Britain’s energy supply is continuously resilient.

Europe’s large-scale renewable energy revolution will potentially make the world a greener environment with cleaner living gathering momentum across the globe.

Pay with rays

These changes are having a great impact behind the scenes but they are far from the only differences we’re seeing. Pioneers are keen to promote the virtues of ‘going green’ to cut down emissions.

The SolarChange foundation is even offering people the chance to generate more than just energy from their solar panels. Its cryptocurrency SolarCoin is in the mold of Bitcoin and can be earned by anyone who produces power from the sun’s rays as a bonus on top of the cash they can earn. It’s part of a drive to promote this form of energy generation and trade across the planet.

Projects such as this prove that whether it’s a top-down large-scale pipeline project or a tech-friendly bottom up groundswell, the renewable energy industry has a number of sources of potential growth which should help this industry to thrive going forward.

Could these be the final days of fossil fuels, complete with the wars and pollution that go along with them?

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  • Bob Brooks

    Hi Chelsea – along with the “wars and pollution” that go along with fossil fuels, please don’t forget the freedom from sub-marginal life in squalor and degradation that these horrible energy sources have created for literally billions of people. Get your perspective straight on that. Renewables may be a stepping stone to the future, but only through huge investments paid by heavily taxing the peoples who are propagandized into believing they are “inexpensive”.

  • jackw97224

    No matter what you call it, Bitcoin, Solarcoin, corruptiforniacoin, lootercoin, Tulipmaniacoin, Mississippibubblecoin, DowJonesbubblecoin, or whatever fiat coin, these are currencies and not money. Lots of people have been deceived by fallacious claims.

    The 12 Characteristics of Real Money

    1. It must be easily transportable, i.e. must have a high value to mass ratio (high
    value density although value is subjective).

    2. It must be easily divisible for commerce and trade.

    3. It must be resistant to physical and chemical damage.

    4. It must be a store of value, i.e. not subject to severe inflation, note, value is subjective, having temporal and geographical properties, i.e. depends on time and place.

    5. It must have intrinsic value, i.e. a common denominator, e.g. labor for prospecting, mining, transporting, processing/smelting, analyzing/assaying and coining or a general usefulness such as for food, raw materials or in manufacturing usable goods or refined materials.

    6. It must be universally recognized and accepted, i.e. people must have confidence in it.

    7. It must be rare, i.e. not easily found, discovered or synthesized.

    8. It must be difficult to counterfeit and efficiently analyzed for quality and quantity,
    i.e. low cost & speedy procedures for differentiating real and bogus money or stuff used AS money must exist.

    9. It must be defined in writing, i.e. full disclosure and perhaps even legally defined. For example 1 troy ounce 0.999 fine silver or fractions thereof.

    10. It should be something of substance or backed by that which sustains life, i.e. not simply computer bits or ledger book entries. Food, materials, equipment, cars, trucks, fuel, planes, ships, locomotives, boxcars and land are substances as are silver and gold.

    11. It should be easily measured for weight and purity or authenticated (see #8 above), i.e. it should not require complex or time consuming methods of measurement.

    12. It should not be easily monopolized, or in limited or controlled distribution.

  • Centurian

    Nope! Energy is not the impetus for war. Political power is. Money is too.

    The alternative power industry has done the following,
    1) capture the people who don’t understand that “fossil” fuels may be renewing,
    2) that there is much more of that fuel to be discovered and used,
    3) a little CO2 in the atmosphere is not a problem and probably helps the environment, less CO2 can result in worse plant growth, fewer insects and less O2.
    4) CO2 is not a pollutant, that stance is just a mechanism for control and robbery,
    5) Nuclear and Hydroelectric systems are, in the long run the cheapest and most reliable systems. Expensive startups, but decades of cheap power.
    6) most wind and solar projects end up being supported by tax dollars and increased energy rates to customers, even if you put solar on your own property, you will likely be charged a surcharge to connect to the grid.

    So if we get a global power grid, then one person can push the big red button and shut everything down? How about hackers?

    Living in a place where an underwater power cable was cut by construction of a bridge for over a week to two islands, I wonder how countries would handle national blackouts due to accidents, anchors or sabotage.

    This is one of the most naive points of view that I have ever seen.

    I can live with a campfire and food we have. Hunting here would be rich for fowl and deer. You can’t do that in Manhattan though unless you are a cannibal.

    BTW, about one third of wind generators are offline at a time. They blow machine oil behind them when they are working, damaging the local environment. The High voltage lines that are employed, combined with the machine oil, frequently result in wildfires that generate more of your CO2 “pollutant” than a clean coal plant would. They also damage other property as well as take up what would otherwise be agricultural space to feed us at lower costs.

    Silly article.

  • RED

    This highly generalized and often nebulous piece is almost not worthy of any comment. Still:

    “Great steps are being taken to reduce greenhouse gases, notably carbon emissions,”

    The very first paragraph starts off with a false premise that has been totally debunked by honest objective science; it is a continuation of hackneyed “create the need / sense of urgency / false guilt” marketing readily identified by the informed reader.

    Carbon dioxide is NOT a green house gas, and the percentage of it in our atmosphere is far too minute to cause any ‘global warming’. ‘Carbon Capture’ / ‘carbon foot print’ / ‘cap & trade’, etc. are all contrived schemes for globalist control over the ‘masses’.

    The honest ‘Raw Data’ (not altered by recent politically motivated corruption of NOAA & NASA & UN data) clearly demonstrates that the earth may be cooling.

    Yes, the search for renewable and alternate forms of energy is worth pursuing and as the ‘state of the art’ improves, it may become more viable. But lacking any significant detail, this warm & fuzzy ‘editorial’ is nothing more than typical highly speculative musings.

  • ZebBlanchard

    DB looses credibility with this kind of drivel.

    • Steve

      Agreed.
      Are they sliding into Jones Town?

  • georgesilver

    A complete load of waffle. I suggest Chelsea Ellsworth looks at this video from someone who knows what they are talking about.
    A highly amusing and intelligent presentation from a real physicist.

    https://www.youtube.com/watch?v=SXxHfb66ZgM

    • Steve

      Agreed.
      Have a look at the South Australian debacle that blacked out the whole state for a day as they relied on renewables and they didnbt have enough base load to hold 50Hz synch reliably, so it all tripped out. Any modification to a national power grid requires a lot of planning and re-engineering.
      The climate chnage nonsense is POLITICAL. The UN has said clearly its about imposing SOCIALISM , nothing to do with climate. Its a massive trojan horse.
      Renewables are a pipe dream and not backed by solid engineering ( aka keeping the lights on ).

      Australia has a base load ( the lowest required to keep the country running ) of 18 GW. Wind power is unreliable and at best can generate about 2% of our total power demand – on a good day.
      Climate Change cant be proven scientifically ( the IPCC temperature models all failed, every single one…) but that hasnt stopped the Communists using climate as an end run around democracy….
      Coal/nuclear/gas will be king for a long long longgggg time, unless you want to go all renewables and kill your economy over night….which South Australia has basically done, and has the most expensive power to boot.
      Epic.
      Collossal.
      Fail………………

  • autonomous

    Why would DB drink the laced cool-aid of human-caused climate change? That’s all the world needs, more goofy programs built on lies and exaggerated claims. Marxists are doing to science what they have done to economics and history.

  • Doc

    DB: “The plan? To allow the UK and Norway to import and export natural power sources. The UK could import 1400 megawatts of electricity, enough to power over 750,000 homes. Norway will benefit from wind energy exported from the UK in a scheme that’s both intelligent and efficient.”

    I think this summarises this particular big-gov-big-corp rip-off pretty well. Importing electricity and at the same time exporting electricity through a single long cable. Obviously not intelligent nor efficient. But I guess they can get people to love it and happily pay for it.

    I don’t think that’s how they will do it, of course, but it will trick a few for sure.

  • Number 6

    Is DB promoting agenda 2030 now Anthropogenic Global warming is an out and out scam, in a nut shell give up your money and liberty to an international government of fake technocrats to save the planet, whilst simultaneously subsidising the transfer of industry and with it wealth from western countries to the far east, so anti capitalist corporations can exploit new seams of cheap slave labour at OUR expense.

    And please let me just explain how pseudo scientific the concept of greenhouse gasses are using basic and fundamental laws of physics,because what we are fed from all corners of the marxists and crypto marxist media is quite frankly a disgusting perversion of basic scientific principles and teaching it to our kids is quite frankly child abuse.

    Greenhouses work by the blocking of convection ie hot air rising and cooling, the glass allows the body of air inside the greenhouse to receive the maximum exposure to the suns infrared radiation, this same glass blocks this heated air from rising and cooling, leaving the air inside the greenhouse exposed to further warming. CO2 is a gas a trace gas constituting a meagre 0.038% of the earths atmosphere at that, it is not a solid in any way shape or form so it cant possibly block hot air rising.

    besides Internal reflection of infrared radiation cannot possibly be responsible for the EXTRA heat inside of a greenhouse, as this would violate the first LAW of Thermodynamics and constitute the creation of energy from nothing, its akin to claiming that if you pour warm water into a mirrored thermos flask and leave it for long enough it will eventually boil all on its own, by virtue of its own internally reflected heat, i.e. its utterly ludicrous.

    Furthermore CO2 like all gasses is homogenous in our atmosphere, so it cant reflect infrared radiation or anything else for that matter as reflection and refraction only occurs at the boundary between layers. ie Glass meets air, air meets water ect ect ect NEVER within a medium.

    Even if a homogenous trace gas could reflect infrared radiation which it absolutely cannot, the idea that heat could be reflected off CO2 molecules in the colder upper troposphere (roughly -1oC per 100m) to warm the lower WARMER troposphere, would defy the second law of thermodynamics, which states that the total entropy of an isolated system can only increase over time. This can be expressed in many ways but to put it simply, energy will only flow from a higher energy system to lower energy system NEVER the other way round, example a hot radiator will heat a cold room, but a cold room will not heat a hot radiator. Reflection of heat from the COLDER upper troposphere to the WARMER lower troposphere would clearly constitute heat transference from a colder to a hotter system. In short the idea that CO2 is responsible for the earths temperature is utter nonsense with clearly defies several basic and fundamental laws of Physics.

    ITS THE SUN STUPID !!!!

    • Number 6

      And please allow me to just explain how pseudo scientific the concept of greenhouse gasses are using basic and fundamental laws of physics,because what we are fed from all corners of the marxists and crypto marxist media is quite frankly a disgusting perversion of basic scientific principles and teaching it to our kids is quite frankly child abuse.

      Greenhouses work by the blocking of convection ie hot air rising and cooling, the glass allows the body of air inside the greenhouse to receive the maximum exposure to the suns infrared radiation, this same glass blocks this heated air from rising and cooling, leaving the air inside the greenhouse exposed to further warming. CO2 is a gas a trace gas constituting a meagre 0.038% of the earths atmosphere at that, it is not a solid in any way shape or form so it cant possibly block hot air rising.

      besides Internal reflection of infrared radiation cannot possibly be responsible for the EXTRA heat inside of a greenhouse, as this would violate the first LAW of Thermodynamics and constitute the creation of energy from nothing, its akin to claiming that if you pour warm water into a mirrored thermos flask and leave it for long enough it will eventually boil all on its own, by virtue of its own internally reflected heat, i.e. its utterly ludicrous.

      Furthermore CO2 like all gasses is homogenous in our atmosphere, so it cant reflect infrared radiation or anything else for that matter as reflection and refraction only occurs at the boundary between layers. ie Glass meets air, air meets water ect ect ect NEVER within a medium.

      Even if a homogenous trace gas could reflect infrared radiation which it absolutely cannot, the idea that heat could be reflected off CO2 molecules in the colder upper troposphere (roughly -1oC per 100m) to warm the lower WARMER troposphere, would defy the second law of thermodynamics, which states that the total entropy of an isolated system can only increase over time. This can be expressed in many ways but to put it simply, energy will only flow from a higher energy system to lower energy system NEVER the other way round, example a hot radiator will heat a cold room, but a cold room will not heat a hot radiator. Reflection of heat from the COLDER upper troposphere to the WARMER lower troposphere would clearly constitute heat transference from a colder to a hotter system. In short the idea that CO2 is responsible for the earths temperature is utter nonsense witch clearly defies several basic and fundamental laws of Physics.

      ITS THE SUN STUPID !!!!

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