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Showing posts with the label Renewable

Action Plan for RE Energy Transition (2030-2040) Considering Developing & Developed Countries

1. Introduction The renewable energy sector is undergoing rapid transformation. By 2030-2040, there will be significant advancements in renewable energy generation, electric vehicle adoption, climate change mitigation, and global migration patterns. This action plan outlines a roadmap for transitioning from conventional energy sources to renewables while ensuring sustainable development. 2. Key Trends and Future Predictions Increase in Renewable Energy Generation : Higher adoption of solar, wind, biomass, and small hydro energy sources. Shutdown of Coal-Based Power Plants : Phased closure of coal plants to reduce carbon emissions and minimize climate change impacts. Technological Developments : Growth in energy storage systems, smart grids, and decentralized renewable energy solutions. Electric Vehicle (EV) Expansion : Widespread adoption of EVs, leading to reduced dependency on fossil fuels. Space Migration Possibilities : If population growth continues, there may be explorations for ...

What are the key KRA & AOP for renewable energy generating firms do have ?

For developing a Key Responsibility Areas (KRA) and Annual Operating Plan (AOP) framework for a renewable energy setup focused on Solar, Wind, and Hydro, along with detailed breakdowns for plant-specific monthly requirements and expenditures, here is a detailed structure to follow: 1. KRA (Key Responsibility Areas) Breakdown Objective : Set the primary objectives of the plant, which are divided per segment (Solar, Wind, Hydro) and organized on a plant-by-plant basis. A. Performance Targets : Monthly Generation Targets : Define specific targets for energy production (kWh) for each plant. Capacity Utilization Factor (CUF) : Aim for optimal CUF based on plant capacity. Downtime Reduction : Track and reduce equipment and system downtime with actionable metrics. Spares & Consumables Efficiency : Optimize the usage and turnover rates for spares and consumables. B. Maintenance and Availability Goals : Preventive Maintenance : Schedule and meet monthly preventive maintenance targets. Asset...

What is P50, P52 & P90 ?

P52, P53 and P90 are terms often used in the renewable energy sector, particularly in the context of wind or solar energy production analysis. These refer to statistical probability levels used in energy yield assessments to estimate the expected production of renewable projects over a certain time frame. P50 : Represents the median or "best estimate" production scenario. It means there is a 50% chance that the actual energy production will be higher or lower than this value. It is the expected average production in a typical year. P52 or P53 : These are uncommon notations, but they might represent slight variations from the median estimate, with a slightly higher probability of occurrence than P50. P90 : This represents a conservative estimate, meaning there's a 90% chance that the actual production will be equal to or exceed this value, making it suitable for financial risk assessments. In summary, P-levels like P50, P52, or P90 provide different confidence levels for ...

Evolution of Energy

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From the evolution of man on earth from early man to the technological geek, oil has become the major source of energy which was extracted from different sources. Some of the key sources are as follows from 18th century to till data. Energy History and the evolution of mankind from Early Man to Modern Man    The evolution of energy took place from the 15th century with the gradual development of technology. As man is developing himself from the early man stage to the highly intelligent person on the planet several technological changes took place in the development of energy and power division.  With the following time you may understand the evolution of the energy sector in the world.    18th century Industrial revolution Use of energy relied only on muscular and biomass energy (main firewood used for heating and cooking purpose Work is done with the help of labors and animals Other sources of energy such as windmills, and watermills were present bu...

Solar Cell efficiency with new polymer devices

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India is witnessing a new chapter in the growth of the renewable sector, mainly in the solar sector. Hence, any new breakthrough in the field of solar cells and solar power generation is beneficial for India. New technology is being developed in the University of Chicago within the confines of its chemistry laboratory by Professor “Luping Yu”. A new kind of solar panel was designed and manufactured which has a higher efficiency when compared with the currently running modules used for power generation. The given polymer solar cell consists of a new polymer, called "PID2". The new polymer improves the efficiency of electrical power generation by 15 per cent when added to a standard polymer-fullerene mixture. New light has been shed on solar power generation using devices made with polymers. Researchers identified a new polymer a type of large molecule that forms plastics and other familiar materials which improved the efficiency of solar cells. The group also determined th...