Manisha Rane-FondacaroSoul-Led Solutions LLCExpanding Renewable Energy Microgrids To Produce Cheapest Electricity And Green Hydrogen - Part 2 Navrotsky International Symposium (2nd Intl. Symp. on Geochemistry for Sustainable Development) Back to Plenary Lectures » | |
Abstract:The climate change time bomb is waiting to explode its fury with frequent and severe droughts, heatwaves, and rainfall unless we limit the global temperature increase to below 1.5°C above pre-industrial levels. To avert this situation we have to reduce the greenhouse gas emissions by 43% by 2030 [1], and we can if the entire world works together—collaborating and exchanging knowledge and technology. Globally, all nations trying to expand their renewable energy portfolio are facing the same problems regardless of their geographic location—
In 2019, globally 41 million people were employed by fuel supply & power generation sectors [2], and assuming one dependent per employee makes 82 million (~1%) of the world population supported by the fossil fuel industry in 2023. Moreover, after information technology and the financial sector, energy is the most profitable sector on the global stock market and is a major component of most state-sponsored retirement plans and U.S. social security. Hence going cold turkey on fossil fuel energy is not an option. We need a well-orchestrated transition from the fossil fuel industry that repurposes its manpower, infrastructure, and value chain to the maximum, and ensures continuity and amplification of tax revenue generation from renewable energy. And through economy of scales, a one-size-fits-all solution can deeply discount the levelized cost of clean energy and green hydrogen as compared to other renewable energy technologies, making it affordable for every nation and expediting its adoption. I will present how we can expand a network of solar microgrids comprising solar, electrolyzer, fuel cell, and hydrogen & energy storage in New York State to:
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