MITHI: The country’s 400 villages, 300 of them in Balochistan and 100 in Sindh, would be electrified through solar energy, Brigadier Dr Naseem A Khan, Secretary, Alternative Energy Development Board and Member (Technical), government of Pakistan, told The News.
“The PC-1 for electrification through solar energy has been approved and an amount of Rs 450 million allocated for the project,” he said. He said the Adviser to the Prime Minister, Dr Mohammad Ali, held a meeting with the district Nazim Arbab Anwer recently and tenders for illuminating Pakistani villages through solar energy were being evaluated.
He said the Asian Development Bank has defended the project on solar energy in the Planning Commission of Pakistan but the funding is being done by the government of Pakistan. “We hope to involve the private sector in a big way,” he added.
The Alternative Energy Development Board in collaboration with the Thardeep Rural Development Programme (TRDP), a non-profit, non-governmental organisation of Tharparkar, has illuminated 109 houses of village Bharmal in Tharparkar though solar energy. The village has a population of 780 people.
“Every house in the village has been electrified through solar energy,” Mohammad Yaseen, an engineer working for the Alternate Energy Development Board told The News in village Bharmal. “Every house can now enjoy the facility of four bulbs, one fan besides a solar cooker,” he said. “The solar cooker works only during the day, directly through the radiation of the sun,” he added.
“Children of the village can now study during the night and women can do their embroidery work,” he said. “The village was short of fuel wood due to drought and was spending Rs 600-800 per month on oil for a home,” he added. He said after the village has been provided solar energy, every family was contributing Rs 100 per month for the maintenance of the project.
“The criteria to choose a village for electrification through solar energy are that it should be 20 kilometres away from the grid and we are collaborating with TRDP that provided us a list of villages in Thar which need solar energy,” he said.
In the wake of high cost of oil, developed as well as the developing countries are vying to meet their needs through solar and other sources of alternative energy. A recent article in SciDev.Net, a prestigious scientific Web paper, quoted two German research reports as saying that deserts in the Middle East and North Africa could generate vast quantities of electricity to sell to Europe.
“The studies found that concentrated solar power plants, occupying less than 0.3 per cent of the desert area in the region, could provide 15 per cent of Europe’s electricity needs by 2050,” the article said.
“The high transmission losses of 10-15 per cent per 1,000 kilometres of cable used would be offset by the sheer volume of electricity produced, said the Trans-Mediterranean Renewable Energy Corporation (TREC), a network that helped conduct the studies,” it said.
“Every year, each square kilometre of desert receives solar energy equivalent to 1.5 million barrels of oil. Multiplying by the area of deserts worldwide, this is nearly a thousand times the entire current energy consumption of the world,” said Franz Trieb, project manager for the two reports at the German Aerospace Centre.
Solar thermal power plants use mirrors to concentrate solar energy to create steam and generate electricity, creating the cheapest electricity available — costing less than $0.60 per kilowatt-hour.
Wednesday, January 20, 2010
Wednesday, January 13, 2010
Rising Energy Demand
Rising energy demand and climate change are major issues facing our society today. Plutonic Power Corporation is uniquely positioned to address these two significant global phenomena through the development of its environmentally friendly renewable energy projects.
Top reasons to invest in Plutonic Power Corporation
Large development portfolio
Plutonic Power has one of the largest renewable power development portfolios in Canada. Currently, the company has applied for or holds licenses on 40 rivers in the province, on which nearly 2000 MW of renewable green power generation could be developed. The Company has also identified a number of future development sites in BC.
Projects under construction
Plutonic Power was awarded the largest Energy Purchase Agreement from BC Hydro's 2006 Call for Tender. This has lead to the construction of the 196 MW East Toba River and Montrose Creek Hydroelectric Project (Toba Montrose Project) located in south-west British Columbia. Plutonic, and financial partner General Electric Energy Financial Services, have commissioned Peter Kiewit Sons to build this $660 million project. Construction of the project began in June 2007 with an opening ceremony attended by government, community and First Nations leaders, including BC Premier Gordon Campbell. The Toba Montrose Project is expected to be completed mid-2010 and will be the largest run-of-river project in the province.
Future Calls for Power
Plutonic Power is currently pursuing two project proposals under the 2008 Clean Power Call. The Upper Toba Valley Project consists of 3 project sites with a total potential generating capacity of approximately 166 MW and the Bute Inlet Project consists of 17 project sites with a total potential generating capacity of approximately 1027 MW.
Rising electricity prices
Most analysts expect that energy prices will remain high for the foreseeable future. High energy prices benefit Plutonic by further strengthening the economic case for renewable power.
Emission Reduction Credits revenue opportunity
Emission reduction credits (ERCs) are negotiable financial instruments that represent an offset of greenhouse gases. It is expected that within the next few years these offset credits could represent substantial financial value. Some of Plutonic's projects may have the potential to offset hundreds of thousands of tonnes of greenhouse gases a year, thus creating further value for shareholders.
Continued need for domestic electricity supply
Domestic demand has been increasing at a compounding 2% per year. The Independent Power Producers Association of BC has determined that it is far less expensive for the province to buy domestically-generated power than to import from the United States and Alberta. There is an urgent need for the development of domestic power generation in BC. Plutonic Power is well positioned to help BC meet this electricity need.
Long term assets
Once built, Plutonic's suite of renewable energy projects are designed and engineered to operate for decades, thus providing a long and stable stream of cash flow to investors.
No commodity fuel risks
Unlike gas and coal generated power plants, which are economically affected by changes in commodity prices, Plutonic's projects are powered by rainwater, glacial runoff and wind. On the sales side, energy purchase agreements are normally made under long term contracts (25-40 year terms), which are annually inflated according to a CPI escalator. EPA's are made with high credit buyers such as BC Hydro, a provincial crown corporation with an S&P credit rating of AA.
Non-depleting and renewable resource
Unlike oil and gas, the resource that will power the Company's projects, rainwater, glacial runoff and wind are completely renewable and non-depleting. A renewable resource is defined as energy source that can be replenished through natural processes or through sustainable management practices within one human life span.
Tight Capital structure
Plutonic has approximately 65.2 million common shares outstanding and 70 million shares fully diluted outstanding.
Insider ownership
Management, Directors and Insiders of the company own approximately 15% of the outstanding shares.
Top reasons to invest in Plutonic Power Corporation
Large development portfolio
Plutonic Power has one of the largest renewable power development portfolios in Canada. Currently, the company has applied for or holds licenses on 40 rivers in the province, on which nearly 2000 MW of renewable green power generation could be developed. The Company has also identified a number of future development sites in BC.
Projects under construction
Plutonic Power was awarded the largest Energy Purchase Agreement from BC Hydro's 2006 Call for Tender. This has lead to the construction of the 196 MW East Toba River and Montrose Creek Hydroelectric Project (Toba Montrose Project) located in south-west British Columbia. Plutonic, and financial partner General Electric Energy Financial Services, have commissioned Peter Kiewit Sons to build this $660 million project. Construction of the project began in June 2007 with an opening ceremony attended by government, community and First Nations leaders, including BC Premier Gordon Campbell. The Toba Montrose Project is expected to be completed mid-2010 and will be the largest run-of-river project in the province.
Future Calls for Power
Plutonic Power is currently pursuing two project proposals under the 2008 Clean Power Call. The Upper Toba Valley Project consists of 3 project sites with a total potential generating capacity of approximately 166 MW and the Bute Inlet Project consists of 17 project sites with a total potential generating capacity of approximately 1027 MW.
Rising electricity prices
Most analysts expect that energy prices will remain high for the foreseeable future. High energy prices benefit Plutonic by further strengthening the economic case for renewable power.
Emission Reduction Credits revenue opportunity
Emission reduction credits (ERCs) are negotiable financial instruments that represent an offset of greenhouse gases. It is expected that within the next few years these offset credits could represent substantial financial value. Some of Plutonic's projects may have the potential to offset hundreds of thousands of tonnes of greenhouse gases a year, thus creating further value for shareholders.
Continued need for domestic electricity supply
Domestic demand has been increasing at a compounding 2% per year. The Independent Power Producers Association of BC has determined that it is far less expensive for the province to buy domestically-generated power than to import from the United States and Alberta. There is an urgent need for the development of domestic power generation in BC. Plutonic Power is well positioned to help BC meet this electricity need.
Long term assets
Once built, Plutonic's suite of renewable energy projects are designed and engineered to operate for decades, thus providing a long and stable stream of cash flow to investors.
No commodity fuel risks
Unlike gas and coal generated power plants, which are economically affected by changes in commodity prices, Plutonic's projects are powered by rainwater, glacial runoff and wind. On the sales side, energy purchase agreements are normally made under long term contracts (25-40 year terms), which are annually inflated according to a CPI escalator. EPA's are made with high credit buyers such as BC Hydro, a provincial crown corporation with an S&P credit rating of AA.
Non-depleting and renewable resource
Unlike oil and gas, the resource that will power the Company's projects, rainwater, glacial runoff and wind are completely renewable and non-depleting. A renewable resource is defined as energy source that can be replenished through natural processes or through sustainable management practices within one human life span.
Tight Capital structure
Plutonic has approximately 65.2 million common shares outstanding and 70 million shares fully diluted outstanding.
Insider ownership
Management, Directors and Insiders of the company own approximately 15% of the outstanding shares.
The Economics of Renewable Energy Systems for Developing Countries
The author examines three projects employing some of the more sophisticated renewable energy technologies: solar pumps in Senegal, biogas plants in India, and solar-electric pumps in Chad. He presents a careful economic analysis and concludes that none of these technologies is now a good investment, nor does any of them appear likely to become a good investment in the next decade.
"Most renewable energy devices now tend to be attractive primarily to people already using costly commercial power. Just as is happening in the United States, for example, some Third World city-dwellers are discovering that solar energy may be cheaper than electricity for heating water ... Such systems will be of greatest use to the wealthy; there is little reason to suppose they will be of comparable interest to the poor."
"Rather than concentrating on devices of the sort described above, organizations concerned with the poor might seek to meet basic energy needs through simpler systems: village woodlots, improved wood stoves, hand or pedal pumps and grinders, hydraulic ram pumps, and so on. Emphasis would be on systems whose benefits were likely to be commensurate with their costs, and whose costs were likely to be within reach of the poor. Given this approach, ways might be found to make energy widely available to people most in need of it."
In addition to pointing out the dubious appeal of the higher cost group of alternative technologies, the methods of economic analysis clearly presented here can be used to help evaluate other renewable energy technologies. This report will also be helpful to people who need to understand the methods and concepts of analysis often used by major aid agencies.
"Most renewable energy devices now tend to be attractive primarily to people already using costly commercial power. Just as is happening in the United States, for example, some Third World city-dwellers are discovering that solar energy may be cheaper than electricity for heating water ... Such systems will be of greatest use to the wealthy; there is little reason to suppose they will be of comparable interest to the poor."
"Rather than concentrating on devices of the sort described above, organizations concerned with the poor might seek to meet basic energy needs through simpler systems: village woodlots, improved wood stoves, hand or pedal pumps and grinders, hydraulic ram pumps, and so on. Emphasis would be on systems whose benefits were likely to be commensurate with their costs, and whose costs were likely to be within reach of the poor. Given this approach, ways might be found to make energy widely available to people most in need of it."
In addition to pointing out the dubious appeal of the higher cost group of alternative technologies, the methods of economic analysis clearly presented here can be used to help evaluate other renewable energy technologies. This report will also be helpful to people who need to understand the methods and concepts of analysis often used by major aid agencies.
Energy
The use of alternative natural sources of energy is attractive because of the uncertain price and limited availability of oil, the pollution that is associated with the burning of fossil fuels, the tremendous experiences and dangers of nuclear power, and a variety of other reasons. In developing countries the first reason is of particular importance because their industrial development, coming at a time of low cost plentiful oil supplies, has resulted in greater reliance on this single source of energy than is true in the developed countries, despite the fact that the latter use tremendously larger quantities. For industrialized countries such as the United
States, practical and economically competitive alternative energy systems already exist that could replace the entire nuclear power contribution to U.S. energy supplies. (Editor's note: Wood space heating stoves [selling 1-2 million units a year] (surpassed nuclear power in total contribution to U.S. energy supplies in 1980!)
For village level applications, there are many promising existing technologies. The five sections which follow explore of these in more depth: sun, wind, water, wood and biogas. These technologies are small-scale and necessarily decentralized . This, rather than any other technical inferiority, is the primary. reason earlier forms of these technologies were eventually passed over in the industrialized countries. While these systems cannot very effectively be used for the power needs of large industry, they can be well suited to the needs of villages and small communities. They can be low in cost relatively simple in construction and maintenance, made of materials available in villages and small towns, and non-polluting.
With each price increase in the worlds diminishing oil supply, renewable energy sources are made more attractive. The decentralized supply of these renewable energy sources wind power, solar energy, water power and biofuels matches the decentralized settlements of the rural South. Planners and program administrators are increasingly convinced that these technologies have a major role in the energy supplies of rural communities.
Rays of Hope makes the argument that the exponential increases in energy consumption characteristic of industrial societies cannot continue, and therefore industrial development in all countries will have to shift towards decentralization, conservation, improved energy conversion efficiency, and better matching of energy quality to end use needs.
Other books in this section review the most attractive renewable energy technologies likely to fit the circumstances in the rural South. Renewable Energy Resources and Rural Applications in the Developing World also notes the domestic and foreign policy implications that come with choice of energy strategy. Energy for Development: Third World Options points specifically to reforestation programs for fuelwood and soil conservation as high priorities in energy planning. A catalog of commercially available small-scale power generating equipment, entitled The Power Guide, has been introduced by ITDG. This book includes both renewable energy devices and diesel and gasoline engines. A good place to find an overview of technology options is in Renewable Energy Technologies: Their Applications in Developing Countries, which includes coverage of some of the lesser known choices such as briquetting of agricultural wastes and use of vegetable oils as an engine fuel.
The increasing acceptance of an important role for renewable energy systems, noted earlier, has led to proliferation of pilot projects. Economic feasibility has not been properly considered in many of these projects, a fault perhaps most common in large international and bilateral aid agencies, who should know better. The Economics of Renewable Energy Systems for Developing Countries offers three case studies illustrating this problem, and a methodology for evaluating the economic appeal of any renewable energy project. Author David French notes that, in particular, large agencies seem to have forgotten that most of the rural poor do not use commercial fuels and thus cannot simply switch cash payments towards the purchase of new equipment:
"Most renewable energy devices now tend to be attractive primarily to people already using costly commercial power. Just as is happening in the United States, for example, some Third World city-dwellers are discovering that solar energy may be cheaper than electricity for heating water .... Such systems will be of greatest use to the wealthy; there is little reason to suppose they will be of comparable interest to the poor."
In the rural South, most of the energy used is in the form of firewood and crop residues gathered and burned in cooking fires. Low-cost locally built cooking stoves can greatly increase the efficiency of cooking, reducing the demand for fuelwood up to 40%. This would both slow the rate of deforestation and lighten the burden of long distance wood hauling. Technologies that use local materials and skills, such as improved wood stoves and village wood lots, are more likely to be immediately affordable than expensive devices such as solar pumps, photovoltaic systems, and biogas plants in almost all cases.
States, practical and economically competitive alternative energy systems already exist that could replace the entire nuclear power contribution to U.S. energy supplies. (Editor's note: Wood space heating stoves [selling 1-2 million units a year] (surpassed nuclear power in total contribution to U.S. energy supplies in 1980!)
For village level applications, there are many promising existing technologies. The five sections which follow explore of these in more depth: sun, wind, water, wood and biogas. These technologies are small-scale and necessarily decentralized . This, rather than any other technical inferiority, is the primary. reason earlier forms of these technologies were eventually passed over in the industrialized countries. While these systems cannot very effectively be used for the power needs of large industry, they can be well suited to the needs of villages and small communities. They can be low in cost relatively simple in construction and maintenance, made of materials available in villages and small towns, and non-polluting.
With each price increase in the worlds diminishing oil supply, renewable energy sources are made more attractive. The decentralized supply of these renewable energy sources wind power, solar energy, water power and biofuels matches the decentralized settlements of the rural South. Planners and program administrators are increasingly convinced that these technologies have a major role in the energy supplies of rural communities.
Rays of Hope makes the argument that the exponential increases in energy consumption characteristic of industrial societies cannot continue, and therefore industrial development in all countries will have to shift towards decentralization, conservation, improved energy conversion efficiency, and better matching of energy quality to end use needs.
Other books in this section review the most attractive renewable energy technologies likely to fit the circumstances in the rural South. Renewable Energy Resources and Rural Applications in the Developing World also notes the domestic and foreign policy implications that come with choice of energy strategy. Energy for Development: Third World Options points specifically to reforestation programs for fuelwood and soil conservation as high priorities in energy planning. A catalog of commercially available small-scale power generating equipment, entitled The Power Guide, has been introduced by ITDG. This book includes both renewable energy devices and diesel and gasoline engines. A good place to find an overview of technology options is in Renewable Energy Technologies: Their Applications in Developing Countries, which includes coverage of some of the lesser known choices such as briquetting of agricultural wastes and use of vegetable oils as an engine fuel.
The increasing acceptance of an important role for renewable energy systems, noted earlier, has led to proliferation of pilot projects. Economic feasibility has not been properly considered in many of these projects, a fault perhaps most common in large international and bilateral aid agencies, who should know better. The Economics of Renewable Energy Systems for Developing Countries offers three case studies illustrating this problem, and a methodology for evaluating the economic appeal of any renewable energy project. Author David French notes that, in particular, large agencies seem to have forgotten that most of the rural poor do not use commercial fuels and thus cannot simply switch cash payments towards the purchase of new equipment:
"Most renewable energy devices now tend to be attractive primarily to people already using costly commercial power. Just as is happening in the United States, for example, some Third World city-dwellers are discovering that solar energy may be cheaper than electricity for heating water .... Such systems will be of greatest use to the wealthy; there is little reason to suppose they will be of comparable interest to the poor."
In the rural South, most of the energy used is in the form of firewood and crop residues gathered and burned in cooking fires. Low-cost locally built cooking stoves can greatly increase the efficiency of cooking, reducing the demand for fuelwood up to 40%. This would both slow the rate of deforestation and lighten the burden of long distance wood hauling. Technologies that use local materials and skills, such as improved wood stoves and village wood lots, are more likely to be immediately affordable than expensive devices such as solar pumps, photovoltaic systems, and biogas plants in almost all cases.
Monday, January 11, 2010
A practical example of the use of solar energy could be seen in some villages of Pakistan where each house has been provided with a solar panel that’s sufficient to run an electric fan and two energy saving bulbs. Prior to this arrangement, the whole village used to be plunged in pitch dark during night. One such example is the village with the name of Narian Khorian, some 50 kilometers away from Islamabad, where 100 solar panels have been installed by a local firm, free of cost, to promote the use of solar energy among the masses. Through these panels, the residents of 100 households are enjoying light and fan facilities. Had these panels not been installed, the people living in this area wouldn’t have even dreamt of getting this facility for decades as the provision of electricity from the national grid was a far cry due to the difficult terrain and high expenses involved.
A layman would normally be interested in knowing as to how electricity could be produced using energy from the sun. Simply put, it can be said that the basic item required to generate this electricity is a solar cell, approximately 2 inches x 1/2 inch in dimension. These cells may be available in other dimensions as well. Some 80 to 100 or even more such cells are pasted on a tampered glass sheet whose dimensions are generally 1.5 feet x 4 feet. The glass sheet with cells pasted on it and inter-connected, is called a solar panel. The light from the sun is used to generate electricity through these cells. It may be clarified that it’s the sun’s light and not its heat that produces electricity. The solar cells are called photovoltaics (PV); the word Photo meaning light and voltaics electricity. The life of a solar panel is approximately 20 to 25 years!
To give you an example of the use of solar energy, you must have noticed solar panels installed on poles along with the telephone booths on your left hand side while commuting on the Motorway. Each of these telephones is being powered by this panel. A battery is installed beneath each solar panel to store energy for keeping the telephone in operation during night when there’s no sun light. It’s a stand-alone system, entirely powered by solar energy. During emergency, the commuters make use of these telephones and call for help.
To give you another example, if you happen to drive from Rawalpindi (Faizabad) towards Murree on the newly constructed Murree Road, you would see on your right hand side blinking red hazard lights installed at the top of each WAPDA pole. Each of these lights is being powered by a stand-alone solar system i.e. a solar panel and a battery. Just imagine, how much expensive and full of hassle it would have been if solar panels weren’t used for this purpose and these lights were provided normal electric connections!
Other Interesting Facts about Solar Energy:
a Vinci predicted a solar industrialization as far back as 1447.
In one hour more sunlight falls on the earth than what is used by the entire population in one year.
A world record was set in 1990 when a solar powered aircraft flew 4060km across the USA, using no fuel.
Fierce weather cost the world a record $130 Billion in the first eleven months of 1998- more money than was lost from weather related disasters from 1980 to 1990 ($82 Billion).
Researchers from the Worldwatch Institute and Munich Re blame deforestation and climate change from Earth warming for much of the loss. The previous one-year record was $90 Billion in 1996. Source - Associated Press, November 28,1998.
About 2 billion people in the world are currently without electricity.
Accounting for only 5 percent of the world's population, Americans consume 26 percent of the world's energy.
Electric ovens consume the most amount of electricity, followed by microwaves and central air conditioning.
Third world countries with an abundance of sunlight and a population currently without electricity, represents the fastest growing market for solar energy, with the largest domestic market being the utilities sector.
Shell Oil predicts that 50% of the world's energy will come from renewable sources by 2040.
In one hour more sunlight falls on the earth than what is used by the entire population in one year.
A world record was set in 1990 when a solar powered aircraft flew 4060km across the USA, using no fuel.
Fierce weather cost the world a record $130 Billion in the first eleven months of 1998- more money than was lost from weather related disasters from 1980 to 1990 ($82 Billion).
Researchers from the Worldwatch Institute and Munich Re blame deforestation and climate change from Earth warming for much of the loss. The previous one-year record was $90 Billion in 1996. Source - Associated Press, November 28,1998.
About 2 billion people in the world are currently without electricity.
Accounting for only 5 percent of the world's population, Americans consume 26 percent of the world's energy.
Electric ovens consume the most amount of electricity, followed by microwaves and central air conditioning.
Third world countries with an abundance of sunlight and a population currently without electricity, represents the fastest growing market for solar energy, with the largest domestic market being the utilities sector.
Shell Oil predicts that 50% of the world's energy will come from renewable sources by 2040.
Facts about Solar Energy systems:
A home solar system is typically made up of solar panels, an inverter, a battery, a charge controller, wiring and support structure.
A 1-kilowatt home solar system takes about 1-2 days to install and costs around US$10,000, but can vary greatly and does not take into account any incentives offered by the government.
A 1-kilowatt home solar system consists of about 10-12 solar panels and requires about 100 square feet of installation area.
A 1 kilowatt home solar system will generate approximately 1,600 kilowatt hours per year in a sunny climate (receiving 5.5 hours of sunshine per day) and approximately 750 kilowatt hours per year in a cloudy climate (receiving 2.5 hours of sunshine per day).
A 1-kilowatt home solar system will prevent approximately 170 lbs. of coal from being burned, 300 lbs of CO2 from being released into the atmosphere and 105 gallons of water from being consumed each month!
About 40 solar cells are usually combined into a solar panel and around 10-12 panels mounted in an array facing due North to receive maximum sunlight.
The system usually comes with a 5-year warranty, although the solar panels are warranted for 20.
Relying on the battery back up, a solar energy system can provide electricity 24x7, even on cloudy days and at night.
Solar panels come in various colours.
Solar energy can be collected and stored in batteries, reflected, insulated, absorbed and transmitted.
A 1-kilowatt home solar system takes about 1-2 days to install and costs around US$10,000, but can vary greatly and does not take into account any incentives offered by the government.
A 1-kilowatt home solar system consists of about 10-12 solar panels and requires about 100 square feet of installation area.
A 1 kilowatt home solar system will generate approximately 1,600 kilowatt hours per year in a sunny climate (receiving 5.5 hours of sunshine per day) and approximately 750 kilowatt hours per year in a cloudy climate (receiving 2.5 hours of sunshine per day).
A 1-kilowatt home solar system will prevent approximately 170 lbs. of coal from being burned, 300 lbs of CO2 from being released into the atmosphere and 105 gallons of water from being consumed each month!
About 40 solar cells are usually combined into a solar panel and around 10-12 panels mounted in an array facing due North to receive maximum sunlight.
The system usually comes with a 5-year warranty, although the solar panels are warranted for 20.
Relying on the battery back up, a solar energy system can provide electricity 24x7, even on cloudy days and at night.
Solar panels come in various colours.
Solar energy can be collected and stored in batteries, reflected, insulated, absorbed and transmitted.
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