Renewable Power Project Finance
Green energy this, clean energy that, and then what about sustainable energy here, and renewable energy there, and what about alternative energy, or environmentally friendly, or… many terms very sexy this millennia yet interchangeably used to say a slightly different thing. We will not interfere in explaining which is what, yet rather say what we mean by that:
- Clean energy as in clean air / water / earth at every stage of production & consumption (so it includes sources such as nuclear energy)
- Renewable energy as in recyclable / re-growable / renewable resources (here nuclear is dependent on whether uranium is considered finite)
- Green energy as in clean energy but also coming from natural renewable resources (here there is a problem with nuclear waste)
- Sustainable energy as then also green if environmental aspects also satisfy long-term socioeconomics (while nuclear may be most sustainable of all, issues are safety record & water use)
- Alternative energy as in renewable for most people, but in here, as alternative to whatever is mainstream in a particular location (so say nuclear in Iran)
Hydropower plant installations started at the end of the 19th century, with the largest developments in the West & East blocks being built before & after the Second World War. Today the largest plants are typically in places like China and Brazil, and new (large) capacities keep on being added.
Given the environment consciousness of the late, large scale hydro is considered as damaging to the river & forest ecosystems, as well as displacing to people & animal populations- so there is a lot of research going towards small-scale / off-grid / captive hydropower.
As one would imagine, hydro potential is where there is a lot of rain and where there are rivers & lakes to store it for a season. Solar potential would approximately be the opposite of hydro, while wind potential can be found everywhere with the strongest gushes typically being at the edges of the continents or where the mountains meet the seas.
Most of the talk today is of wind & solar, the initial buildup was through state feed-in incentives and thereon through the technological improvements. Given the oscillations in power output, today a manufacturing trend is into hybrid power which uses sun or wind in balancing combo with gas or while a battery storage system. This is probably the closest to the definition of alternative energy because it comes in form of tech innovation.
Irena has a great snapshot of the renewable energy supply around the world, so not repeat what it says please do have a look. Irena also has an atlas of maps for quick & dirty evaluation of locations, say for geothermal energy (huge potential!)
What about nuclear energy? Although bulk of the stock is old, with those first plants built in the 50s already out of commission, and as the plants from the 60s & 70s are counting their days as we speak, nuclear power still accounts for about 10% of all power generated globally.
2EMMA analysts believe that nuclear energy (and uranium along with it) still has a lot of potential, and if not in the typical large-scale capacity, then certainly in smaller (cluster) reactor type of instalments.
To wrap up the sources of energy, we are not going to talk of fossil fuels because even oil giants do not want to speak of them- for example BP going off oil, or Exxon Mobil being scrapped of Dow Industrial Index; and the Economist calling it game over… instead a larger grouping of natural sources recycled into bio-energy.
Some of the more popular sources of biomass, which in turn become a quick burning energy are sugarcane, agricultural residue/waste, algae, wood-chips, non-productive bushes/plants/tress, urban garbage, etc. With the technological advancement more & more can be squeezed out of biomass, while less & less pollutants are released in the process.
So if we stick to renewables- biomass, hydro, wind, sun & geothermal– then we have a lot of potential across our EMMA country focus:
- SADC: African monsoon belt, from DRC to Mozambique
- MENA: potential water wars in the region with Turkey & Syria controling most of it
- CACA: some ex-USSR infrastructure still in place in Kyrgyzstan & Tajikistan
- SEE: good rainfall & many rivers in most of the Balkans
- Wind & solar:
- Everywhere & anywhere, easy to install & relatively cheap for any capacity
- Well-established process for financing, deployment, generation & maintanance
- As if running a ‘real’ agri-farm
- Eastern Africa Rift – Ethiopia & Kenya, down towards SADC
- MENA & SEE, CACA – Atlas mountains; and Turkey, spreading to Balkans & CACA
- Modernisation: retrofit of boilers into existing sugar mills (Senegal, Sierra Leone, Cote d’Ivoire, Togo, Benin, Nigeria, Cameroon, Gabon, Congo-B, DRC, Malawi, Mozambique, Tanzania, Kenya)
- Efficiency: gumtree & palm plantation tree replacement / rotation (Liberia, Cote d’Ivoire, Ghana, Nigeria, Cameroon, Gabon, Congo-B)
- Diversity: biodiesel feedstocks such as jatropha trees and cotton grains (Burkina Faso & rest of West Africa)
- Recycling: coal-bed methane into methane gas (abandoned coal mines in SADC)
- Control: bush encroachment to use invasive bushes (from Namibia to the East African savannas)
While a case study for cleaner & more efficient energy could probably be built anywhere in the world- Africa serves as best case in point due to its large size and poor energy infrastructure, while wind power serves as a good sample for project development / finance: If you would like to know more about this Renewable Power Project Finance Vitrine Theme– you can write us with a genuine interest to discuss this further, and we will send you the password to the next sections of the renewable power case: It includes the experts involved, their approach to project development in Africa, and the example of a wind project finance template
Theme Related Tracker
- How To Go To Jail: 1. Buy A Tesla With Counterfeit Cash. 2. Steal It If 1 Doesn’t Work. 3. Run But Get Caught.on October 23, 2021
The Rockingham County Sheriff’s Office shared on Facebook that a gentleman by the name of Cortavious Rey-Ray Johnson did something rather silly — and illegal. According to the information given to the deputies, Johnson attempted to buy a 2018 black Tesla Model 3 from its owner … with counterfeit currency. SacBee reported that Johnson then
- The Bar For Climate Ambition Is Set By Science, Not Congressional Politicson October 23, 2021
Originally published by Union of Concerned Scientists, The Equation. By Julie McNamara, senior energy analyst with the Climate & Energy program at the Union of Concerned Scientists In April 2021, President Biden committed the United States to reducing its greenhouse gas emissions 50 to 52 percent below 2005 levels by 2030, in line with science-informed targets, in line
- Apple Battery Talks With CATL & BYD Collapseon October 23, 2021
Apple continues to pursue is electric car ambitions.
- Update: Tesla Model 3 v. Nissan LEAF v. Chevy Bolt (We Have a Winner)on October 23, 2021
In 2018, the Tesla Model 3, Nissan LEAF, and Chevy Bolt were new electric cars with 200-ish miles of range and sub-40K price tags. It was anyone's guess who would win-- but now we know.
- Largest Depot for Electric Buses in Australiaon October 23, 2021
Transit Systems (owned by Sealink Travel Group) is currently operating 15 electric buses in Sydney’s Inner West urban streets. With 40 more ordered, the time has come to create the largest electrified depot in Australia. Australasian Bus and Coach writes, “The Leichhardt depot retrofit will include: the use of 40 electric buses with a combination
- EV Revolution Gathers Pace in New South Waleson October 23, 2021
If you cross the ditch from New Zealand, the best Australian state in which to buy an electric vehicle is New South Wales. Legislation was passed on Wednesday which provides a $3,000 rebate for eligible EV purchases cars under $68,000, waives stamp duty fees (approximately $2,500), and provides funding for the rollout of a statewide
- Erdogan Threatens to Expel 10 Western Ambassadors - The New York Timeson October 23, 2021
Erdogan Threatens to Expel 10 Western Ambassadors The New York TimesTurkey to expel U.S. envoy and nine others, Erdogan says ReutersErdogan orders removal of 10 ambassadors, including US envoy Yahoo NewsTurkish Opposition Begins Joining Ranks Against Erdogan The New York TimesErdoğan […]
- Lori Loughlin's First Piece of Post-Prison Acting Surfaces in Sneak Peak - TMZon October 23, 2021
Lori Loughlin's First Piece of Post-Prison Acting Surfaces in Sneak Peak TMZA first look at Lori Loughlin's post-prison project, ‘When Hope Calls’ Page Six'When Hope Calls': First Look At Lori Loughlin In Teaser For Season 2 Of 'When Calls The Heart' Spinoff DeadlineLori Loughlin marks […]
- Netflix’s Dave Chappelle protestors get support from celebrities - Fox Businesson October 23, 2021
Netflix’s Dave Chappelle protestors get support from celebrities Fox BusinessBill Maher defends Dave Chappelle, knocks critics: 'Everyone needs to Netflix and chill the f--- out' Fox NewsDave Chappelle is willing to meet with Netflix employees, but 'stands by his art' Yahoo […]
- One dead, 7 wounded in shooting near Fort Valley State University during homecoming weekend - NBC Newson October 23, 2021
One dead, 7 wounded in shooting near Fort Valley State University during homecoming weekend NBC News1 dead, 7 injured in mass shooting at off-campus party near Georgia university 13WMAZ1 dead, 7 injured in mass shooting at off-campus party near FVSU 13WMAZ.comOne dead, seven wounded in […]
- How Kyrsten Sinema is negotiationg on Biden's Build Back Better bill - The Washington Poston October 23, 2021
How Kyrsten Sinema is negotiationg on Biden's Build Back Better bill The Washington Post‘We need him to deliver’: Biden faces wrath of disappointed supporters The GuardianBiden's Compromise on Spending Bills Could Have Consequences The New York TimesOpinion | Build Back Better is […]
- Israel disputes US claim it wasn’t told of plan to outlaw rights groups - The Times of Israelon October 23, 2021
Israel disputes US claim it wasn’t told of plan to outlaw rights groups The Times of IsraelIsrael moves to ban six Palestinian rights groups it accuses of terrorism, prompting international outrage The Washington PostIsrael labels six Palestinian civil society groups 'terrorist,' setting […]