The Internet of Things and the Energy Industry

in #eos6 years ago

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Did you know that second cause of death is pulmonary disease including lungs cancer?

One of the main reason is contact with pollution. Every year we produce a massive amount of CO2. Since the Industrial Revolution, human sources of carbon dioxide emissions have been growing. Human activities such as the burning of fossil fuels like coal, gas and oil, as well as some industrial processes such as cement manufacturing are the primary cause of the increased carbon dioxide concentrations in the atmosphere.If we go deeper we understand that our world is based on wrong energy sources. More and more people, investors, producers understand it. They create new solutions for electric cars, green power stations, solar roofs etc.

From European Union inspection we know that:

'Average electricity prices are projected to increase by 31 percent in real terms between 2010 and 2030 in the Reference Scenario, from 131 to 172 €/Mwh.
The projected price increase is due to three factors: the projected price increase of fossil fuels, strong investment requirements to modernise energy infrastructure (generation as well as transmission and distribution), and current energy and climate policies on EU and Member State level.

EU fossil fuel prices are projected to increase strongly. Despite this, the fuel cost increase is contained in the short term only contributing with 12% of the price increase up to 2020 due to a decrease in fossil fuel consumption by 16% in the power sector. After 2020 fuel costs decrease due to renewables, energy efficiency and fuel switching.

Capital costs for power generation are projected to increase notably by 2020 in large part because of replacement of obsolete plants and significant renewables penetration with lower load factors. Also costs for additional back up capacity and after 2030 CCS (Carbon Capture and Storage) investment increase. In total, capital costs associated with increased investments contribute 27% of the price increase up to 2020, but reduce to 19% of the price increase by 2030, further decreasing afterwards.

Grid and other supply costs are projected to increase also, in the short term for example due to the investment envisaged in the ENTSO-E (the European Network of Transmission System Operators for Electricity) ten year plan, and in the longer term for investment for off-shore wind power plant connections and grid extensions needed for cost-effective deployment of renewables and more decentralised supply, notably from renewables and CHP. The projected grid cost increase is also partly due to the need for smarter infrastructure to enable e.g. demand response. Grid and other supply costs represent 18% of the projected price increase by 2020 and 28% by 2030.

Renewables support via feed-in tariffs or similar measures is projected to peak in 2020 contributing to 21% of the projected cost increases until then, and thereafter gradually phase out in the longer run, except for very innovative technologies such as wave and tidal energy. This cost component is referred to Renewable energy companies recovery).
Increasing carbon prices contribute gradually to increasing electricity prices up to 2040 after which the impact decreases slightly. However electricity prices for industry increase less than for other sectors: 22% between 2010 and 2020. After 2020 prices for industry decrease significantly, so that total industrial electricity price increase 2010 to 2030 is limited to 10%.'

EU COMMISSION STAFF WORKING DOCUMENT IMPACT ASSESSMENT

A policy framework for climate and energy in the period from 2020 up to 2030

For now, average cost of one kWh is more than 15 pence, when green energy costs kWh 7 pence. The basic different between fossils power stations and green energy producers is that these first produce and distribute centralized power while the second are group of small players- if one of them quit, nothing happens. This is electricity cooperation.
We have to create 'internet of things' but they have to be renewable-energy internets. The conclusion is that only green energy provides certainty for maximum profit to all market participants.

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