08 February 2016
A wide field: Looking back on last week opened solar power plant Noor, in southern Morocco, near the town of Ouarzazate. Photo: afp
Oil and gas have become cheaper, but the renewable energy holds the not – thanks China are investing in wind and solar power plants on a new record high. Only Europe is lagging.
That should appeal have: On the edge of the Sahara in Morocco now a gigantic solar power plant produces electricity for 350,000 people. Three other plants are to be added in the project Noor in the coming years. The desert power is an example of the global triumph of renewables. Falling costs are driving the global boom continues, according to experts.
The investment in renewable energy reached a new record last year. According to a study of the financial service Bloomberg $ 329 billion (295 billion euros) were put in solar, wind and biomass projects worldwide – that was more together than in all new conventional power plants. From the perspective of the Bloomberg-energy expert Michael Liebreich is noteworthy that the record was achieved despite adverse conditions – the most important is the fall in prices of the fossil fuels coal, gas and oil, which actually should have been fueling the conventional electricity
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KfW promotes Noor
Germany is, according to the state Bank group heavily involved in the financing of large solar parks Noor, whose first part is now open in Morocco. The total projected cost of about 2.2 billion euros, KfW Wear as lenders 864 million euros.
The support is provided on behalf of the Development Ministry and the Federal Environment Ministry within the International Climate Initiative (ICI) ,
Instead sets especially China more and more on clean energy, more than a third of global investments were made in the People’s Republic – while in Europe, the former power center renewable, decreased expenses by 18 percent. But the minus on the old continent is more than compensated by emerging countries. In countries such as Chile, Mexico, South Africa and, indeed, in Morocco, investments were partially multiplied. This is based on a simple mechanism: Particularly in the photovoltaics takes a rapid technological progress, which thus makes the solar systems becoming cheaper and more affordable for poorer countries
Wind turbines. are quickly erected
from the perspective of Liebreich another factor for the green energy boom is in the construction time of the plant. To plan a coal-fired or even a nuclear power plant and to build, generally takes several years, sometimes decades. New wind turbines, however, are quick to set up and solar systems hastily installed. This is extremely important, especially in rapidly growing economies, since there the demand for electricity often grows in leaps and bounds.
The fact that around the green energy develop profitable business models, is also financial investors and venture capitalists arrived. They pumped the data compiled by Bloomberg in 2015, about 6.1 billion dollars in new energies, that was a good quarter over the previous year. For Liebreich, it is certainly very difficult to imagine that the trend towards renewable could turn around again -. Especially in light of climate protection agreement of Paris, which will limit global warming to 1.5 degrees
also for the Berlin-based think tank Agora energy transition, the direction of energy gen CO2-neutral electricity production is clear. The costs are the strongest argument. In this country can provide for significantly less than nine cents per kilowatt hour solar parks already – this can be concluded from the recent calls for the so-called ground-mounted systems. A study by the Fraunhofer Institute for Solar Energy Systems on behalf of Agora concludes that the production cost of photovoltaic electricity in Central and Southern Europe will decrease in each case over the next ten years – four to six cents. Considerably less is expected in the industry for countries which are like Morocco closer to the equator. Solar energy will much faster cheaply than most experts had expected, says Patrick Graichen, director of Agora energy transition.
And the wind power is becoming cheaper. In Germany, there are six to nine cents per kilowatt hour for sites on land. By comparison, electricity from new coal and gas power plants can cost up to ten cents. Please expect to eleven cents and more need for electrical power from a new nuclear power plant. Graichens Conclusion: Planning for power generation systems should be revised world
That should currently happening in North Africa.. Where the Moroccan desert power project should be a model for Egypt or Tunisia. For both countries, you have already created feasibility studies for large solar power plants, said Wolfgang Reuss by the state banking group KfW the Evangelical Press Service – KfW is one of cheap loans to the financiers of Noor-project, once completed and once to provide 1.3 million people. However, the question is increasingly which method is right – here again comes the technical progress together with cost reduction to fruition. Noor operates solar thermal: parabolic heat pipes, in which hot oil flows, generates the steam which in turn drives turbines. According to the journal PV Magazine one watt of power at Noor costs about six dollars of investment. Solar parks with photovoltaic can now build already for two dollars per watt.
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