Clean Energy Investment Forecast for 2016

renewables-investment-trendsGlobal interest in clean energy technologies reached new heights last year and 2016 promises to be another record-breaker. The year 2015 witnessed installation of more than 121 GW of renewable power plants, a remarkable increase of 30% when compared to 2014. With oil and gas prices tumbling out to unprecedented levels, 2016 should be a landmark year for all clean energy technologies. As per industry trends, solar power is expected to be the fastest-growing renewable power generation technology in 2016, closely followed by wind energy. Among investment hotspots, Asia, Africa and the Middle East will be closely watched this year.

Investment Forecast for 2016

Clean energy is rapidly becoming a part of mainstream investment portfolios all over the world. In 2016, a greater attention will be focused on renewable energy, mainly on account of the Paris Framework and attractive tax credits for clean energy investments in several countries, especially USA.

Infact, the increasing viability of clean energy is emerging as a game-changer for large-scale investors. The falling prices of renewable power (almost 10% per year for solar), coupled with slump in crude oil prices, is pulling global investors away from fossil fuel industry. At the 2016 UN Investor Summit on Climate Risk, former US vice president Al Gore said, “If this curve continues, then its price is going to fall “significantly below the price of electricity from burning any kind of fossil fuel in a few short years”.

There has been an astonishing growth in renewable generation in recent years. “A dozen years ago, the best predictors in the world told us that the solar energy market would grow by 2010 at the incredible rate of 1 GW per year,” said Gore. “By the time 2010 came around, they exceeded that by 17 times over. Last year, it was exceeded by 58 times over. This year, it’s on track to be exceeded by 68 times over. That’s an exponential curve.”

China will continue to dominate solar as well as wind energy sectors

China will continue to dominate solar as well as wind energy sectors

As per industry forecasts, China will continue its dominance of world PV market, followed closely by the US and Japan. Infact, USA is anticipated to overtake Japan as the second largest solar market this year. India, which is developing a highly ambitious solar program, will be a dark horse for cleantech investors. The top solar companies to watch include First Solar, Suntech, Canadian Solar, Trina Solar, Yingli Solar, Sharp Solar and Jinko Solar.

Morocco has swiftly become a role model for the entire MENA. The government’s target of 2GW of solar and 2GW of wind power by 2020 is progressing smoothly. As for solar, the 160MW Noor-1 CSP is already commissioned while Noor-2 and Noor-3 are expected to add a combined 350MW in 2017.

China will continue to lead the global wind energy market in 2016, and is on course to achieve its target of 200 GW of installed wind capacity by 2020. Other countries of interest in the wind sector will be Canada, Mexico, Brazil and South Africa. The major wind turbine manufacturers to watch are Siemens, Vestas, Goldwind, Gamesa and GE.

Conclusion

To sum up, the rapid growth of global renewable energy sector in the past few years is the strongest signal yet for investors and corporations to take the plunge towards green energy and low-carbon growth. As the UN chief Ban Ki-moon famously said, “It marks the beginning of the end of growth built solely on fossil fuel consumption. The once unthinkable has now become unstoppable.”

Biomass Energy in China

biomass-chinaBiomass energy in China has been developing at a rapid pace. The installed biomass power generation capacity in China increased sharply from 1.4 GW in 2006 to 14.88 GW in 2017. While the energy share of biomass remains relatively low compared to other sources of renewable energy, China plans to increase the proportion of biomass energy up to 15 percent and total installed capacity of biomass power generation to 30 GW by 2030.

In terms of impact, the theoretical biomass energy resource in China is about 5 billion tons coal equivalent, which equals 4 times of all energy consumption. As per conservative estimates, currently China is only using 5 percent of its total biomass potential.

According to IRENA, the majority of biomass capacity is in Eastern China, with the coastal province of Shandong accounting for 14 percent of the total alone. While the direct burning of mass for heat remains the primary use of biomass in China, in 2009, composition of China’s biomass power generation consisted in 62 percent of straw direct-fired power generation and 29 percent of waste incineration, with a mix of other feedstock accounting for the remaining 9 percent.

Biomass Resources in China

Major biomass resources in China include waste from agriculture, forestry, industries, animal manure and sewage, and municipal solid waste. While the largest contributing sources are estimated to be residues from annual crop production like wheat straw, much of the straw and stalk are presently used for cooking and heating in rural households at low efficiencies. Therefore, agricultural residues, forestry residues, and garden waste were found to be the most cited resources with big potential for energy production in China.

Agricultural residues are derived from agriculture harvesting such as maize, rice and cotton stalks, wheat straw and husks, and are most available in Central and northeastern China where most of the large stalk and straw potential is located. Because straw and stalks are produced as by-products of food production systems, they are perceived to be sustainable sources of biomass for energy that do not threaten food security.

Furthermore, it is estimated that China produces around 700 Mt of straw per year, 37 percent of which is corn straw, 28 percent rice, 20 percent wheat and 15 percent from various other crops. Around 50 percent of this straw is used for fertilizers, for which 350 Mt of straw is available for energy production per year.

Biomass resources are underutilized across China

Biomass resources are underutilized across China

Forestry residues are mostly available in the southern and central parts of China. While a few projects that use forestry wastes like tree bark and wood processing wastes are under way, one of the most cited resources with analyzed potential is garden waste. According to research, energy production from garden waste biomass accounted for 20.7 percent of China’s urban residential electricity consumption, or 12.6 percent of China’s transport gasoline demand in 2008.

Future Perspectives

The Chinese government believes that biomass feedstock should neither compete with edible food crops nor cause carbon debt or negative environmental impacts. As biomass takes on an increasing significant role in the China’s national energy-mix, future research specific to technology assessment, in addition to data collection and supply chain management of potential resources is necessary to continue to understand how biomass can become a game-changer in China’s energy future.

References

IRENA, 2014. Renewable Energy Prospects: China, REmap 2030 analysis. IRENA, Abu Dhabi. www.irena.org/remap

National Academy of Engineering and NRC, 2007: Energy Futures and Urban Air Pollution: Challenges for China and the United States.

Xingang, Z., Zhongfu, T., Pingkuo, L, 2013. Development goal of 30 GW for China’s biomass power generation: Will it be achieved? Renewable and Sustainable Energy Reviews, Volume 25, September 2013, 310–317.

Xingang, Z., Jieyu, W., Xiaomeng, L., Tiantian, F., Pingkuo, L, 2012. Focus on situation and policies for biomass power generation in China. Renewable and Sustainable Energy Reviews, Volume 16, Issue 6, August 2012, 3722–3729.

Li, J., Jinming, B. MOA/DOE Project Expert Team, 1998. Assessment of Biomass Resource Availability in China. China Environmental Science Press, Beijing, China.

Klimowicz, G., 2014. “China’s big plans for biomass,” Eco-Business, Global Biomass Series, accessed on Apr 6, 2015.

Shi, Y., Ge, Y., Chang, J., Shao, H., and Tang, Y., 2013. Garden waste biomass for renewable and sustainable energy production in China: Potential, challenges and development. Renewable and Sustainable Energy Reviews 22 (2013) 432–437

Xu, J. and Yuan, Z, 2015. “An overview of the biomass energy policy in China,” BESustainable, May 21, 2015.

Green SMEs: Catalyst for Green Economy

Green SMEsWith ‘green’ being the buzzword across all industries, greening of the business sector and development of green skills has assumed greater importance all over the world. SMEs, startups and ecopreneurs are playing a vital role in the transition to a low-carbon economy by developing new green business models for different industrial sectors. Infact, young and small firms are emerging as main drivers of radical eco-innovation in the industrial and services sectors.

What are Green SMEs

Green SMEs adopt green processes and/or those producing green goods using green production inputs. A judicious exploitation of techno-commercial opportunities and redevelopment of business models, often neglected by established companies, have been the major hallmarks of green SMEs.

For example, SMEs operating in eco-design, green architecture, renewable energy, energy efficiency and sustainability are spearheading the transition to green economy across a wide range of industries. The path to green economy is achieved by making use of production, technology and management practices of green SMEs. Impact investment platforms, such as Swell Investing, allows individuals to invest in environmentally sustainable companies.

Categories of Green Industries

Environmental Protection Resource Management
Protection of ambient air Water management
Protection of climate Management of forest resources
Wastewater management Management of flora and fauna
Waste management Energy management
Noise and vibration abatement Management of minerals
Protection of biodiversity and landscape Eco-construction
Protection against radiation Natural resource management activities
Protection of soil, groundwater and surface water Eco-tourism
Environmental Monitoring and Instrumentation Organic agriculture
Research and Development Research and Development

Key Drivers

The key motivations for a green entrepreneur are to exploit the market opportunity and to promote environmental sustainability. A green business help in the implementation of innovative solutions, competes with established markets and creates new market niches. Green entrepreneurs are a role model for one and all as they combine environmental performance with market targets and profit outcomes, thus contributing to the expansion of green markets.

Some of the popular areas in which small green businesses have been historically successful are renewable energy production (solar, wind and biomass), smart metering, building retrofitting, hybrid cars and waste recycling.

As far as established green industries (such as waste management and wastewater treatment) are concerned, large companies tend to dominate, however SMEs and start-ups can make a mark if they can introduce innovative processes and systems. Eco-friendly transformation of existing practices is another attractive pathway for SMEs to participate in the green economy.

The Way Forward

Policy interventions for supporting green SMEs, especially in developing nations, are urgently required to overcome major barriers, including knowledge-sharing, raising environmental awareness, enhancing financial support, supporting skill development and skill formation, improving market access and implementing green taxation.

In recent decades, entrepreneurship in developing world has been increasing at a rapid pace which should be channeled towards addressing water, energy, environment and waste management challenges, thereby converting environmental constraints into business opportunities.

Your Choices for Alternative Energy

renewables-investment-trendsWhile using alternative sources of energy is a right way for you to save money on your heating and cooling bills, it also allows you to contribute in vital ways to both the environment and the economy.  Alternative energy sources are renewable, environmentally sustainable sources that do not create any by-products that are released into the atmosphere like coal and fossil fuels do.

Burning coal to produce electricity releases particulates and substances such as mercury, arsenic, sulfur and carbon monoxide into the air, all of which can cause health problems in humans.

Other by-products from burning coal are acid rain, sludge run-off and heated water that is released back into the rivers and lakes nearby the coal-fired plants.  While efforts are being made to create “clean coal,” businesses have been reluctant to use the technology due to the high costs associated with changing their plants.

If you are considering taking the plunge and switching to a renewable energy source to save money on your electric and heating bills or to help the environment, you have a lot of decisions to make. The first decision you need to make is which energy source to use in your home or business.  Do you want to switch to solar energy, wind power, biomass energy or geothermal energy?

Emissions from homes using heating oil, vehicles, and electricity produced from fossil fuels also pollute the air and contribute to the number of greenhouse gases that are in the atmosphere and depleting the ozone layer.  Carbon dioxide is one of the gases that is released into the air by the burning of fossil fuels to create energy and in the use of motor vehicles.  Neither coal nor fossil fuels are sources of renewable energy.

Replacing those energy sources with solar, biomass or wind-powered generators will allow homes and businesses to have an adequate source of energy always at hand.  While converting to these systems can sometimes be expensive, the costs are quickly coming down, and they pay for themselves in just a few short years because they supply energy that is virtually free.  In some cases, the excess energy they create can be bought from the business or the homeowner.

While there are more than these three alternative energy options, these are the easiest to implement on an individual basis.  Other sources of alternative energy, for instance, nuclear power, hydroelectric power, and natural gas require a primary power source for the heat so it can be fed to your home or business.  Solar, wind, biomass and geothermal energy can all have power sources in your home or business to supply your needs.

Solar Energy

Solar power is probably the most widely used source of these options.  While it can be expensive to convert your home or business over to solar energy, or to an alternative energy source for that matter, it is probably the most natural source to turn over to.  You can use the sun’s energy to power your home or business and heat water.  It can be used to passively heat or light up your rooms as well just by opening up your shades.

Wind Power

You need your wind turbine to power your home or office, but wind energy has been used for centuries to pump water or for commercial purposes, like grinding grain into flour.  While many countries have wind farms to produce energy on a full-scale basis, you can have your wind turbine at home or at your business to provide electricity for your purposes.

The cost of alternative energy systems has dropped sharply in recent years

Biomass Energy

Biomass energy has rapidly become a vital part of the global renewable energy mix and account for an ever-growing share of electric capacity added worldwide. Biomass is the material derived from plants that use sunlight to grow which include plant and animal material such as wood from forests, material left over from agricultural and forestry processes, and organic industrial, human and animal wastes. Biomass comes from a variety of sources which include wood from natural forests and woodlands, agricultural residues, agro-industrial wastes, animal wastes, industrial wastewater, municipal sewage and municipal solid wastes.

Geothermal Energy

A heat pump helps cool or heat your home or office using the earth’s heat to provide the power needed to heat the liquid that is run through the system to either heat your home in the winter or cool it off in the summer.  While many people use it, it doesn’t provide electricity, so you still need an energy source for that.

Biomass Energy in Vietnam

Vietnam is one of the few countries having a low level of energy consumption in the developing world with an estimated amount of 210 kg of oil equivalent per capita/year. Over half of the Vietnamese population does not have access to electricity. Vietnam is facing the difficult challenge of maintaining this growth in a sustainable manner, with no or minimal adverse impacts on society and the environment.

Being an agricultural country, Vietnam has very good biomass energy potential. Agricultural wastes are most abundant in the Mekong Delta region with approximately 50% of the amount of the whole country and Red River Delta with 15%. Major biomass resources includes rice husk from paddy milling stations, bagasse from sugar factories, coffee husk from coffee processing plants in the Central Highlands and wood chip from wood processing industries. Vietnam has set a target of having a combined capacity of 500 MW of biomass power by 2020, which is raised to 2,000 MW in 2030.

Rice husk and bagasse are the biomass resources with the greatest economic potential, estimated at 50 MW and 150 MW respectively. Biomass fuels sources that can also be developed include forest wood, rubber wood, logging residues, saw mill residues, sugar cane residues, bagasse, coffee husk and coconut residues. Currently biomass is generally treated as a non-commercial energy source, and collected and used locally. Nearly 40 bagasse-based biomass power plants have been developed with a total designed capacity of 150 MW but they are still unable to connect with the national grid due to current low power prices. Five cogeneration systems selling extra electricity to national grid at average price of 4UScents/kWh.

Biogas energy potential is approximately 10 billion m3/year, which can be collected from landfills, animal excrements, agricultural residues, industrial wastewater etc. The biogas potential in the country is large due to livestock population of more than 30 million, mostly pigs, cattle, and water buffalo. Although most livestock dung already is used in feeding fish and fertilizing fields and gardens, there is potential for higher-value utilization through biogas production. It is estimated that more than 25,000 household biogas digesters with 1 to 50 m3, have been installed in rural areas. The Dutch-funded Biogas Program operated by SNV Vietnam constructed some 18,000 biogas facilities in 12 provinces between 2003 and 2005, with a second phase (2007-2010) target of 150,000 biogas tanks in both rural and semi-urban settings.

Municipal solid waste is also a good biomass resource as the amount of solid waste generated in Vietnam has been increasing steadily over the last few decades. In 1996, the average amount of waste produced per year was 5.9 million tons per annum which rose to 28 million tons per in 2008 and expected to reach 44 million tons per year by 2015.

Overview of Biomass Energy Systems

Biomass is a versatile energy source that can be used for production of heat, power, transport fuels and biomaterials, apart from making a significant contribution to climate change mitigation. Currently, biomass-driven combined heat and power, co-firing, and combustion plants provide reliable, efficient, and clean power and heat. Feedstock for biomass energy plants can include residues from agriculture, forestry, wood processing, and food processing industries, municipal solid wastes, industrial wastes and biomass produced from degraded and marginal lands.

The terms biomass energy, bioenergy and biofuels cover any energy products derived from plant or animal or organic material. The increasing interest in biomass energy and biofuels has been the result of the following associated benefits:

  • Potential to reduce GHG emissions.
  • Energy security benefits.
  • Substitution for diminishing global oil supplies.
  • Potential impacts on waste management strategy.
  • Capacity to convert a wide variety of wastes into clean energy.
  • Technological advancement in thermal and biochemical processes for waste-to-energy transformation.

Biomass can play the pivotal role in production of carbon-neutral fuels of high quality as well as providing feedstocks for various industries. This is a unique property of biomass compared to other renewable energies and which makes biomass a prime alternative to the use of fossil fuels. Performance of biomass-based systems for heat and power generation has been already proved in many situations on commercial as well as domestic scales.

Biomass energy systems have the potential to address many environmental issues, especially global warming and greenhouse gases emissions, and foster sustainable development among poor communities. Biomass fuel sources are readily available in rural and urban areas of all countries. Biomass-based industries can provide appreciable employment opportunities and promote biomass re-growth through sustainable land management practices.

The negative aspects of traditional biomass utilization in developing countries can be mitigated by promotion of modern waste-to-energy technologies which provide solid, liquid and gaseous fuels as well as electricity as shown. Biomass wastes can be transformed into clean and efficient energy by biochemical as well as thermochemical technologies.

The most common technique for producing both heat and electrical energy from biomass wastes is direct combustion. Thermal efficiencies as high as 80 – 90% can be achieved by advanced gasification technology with greatly reduced atmospheric emissions. Combined heat and power (CHP) systems, ranging from small-scale technology to large grid-connected facilities, provide significantly higher efficiencies than systems that only generate electricity.  Biochemical processes, like anaerobic digestion and sanitary landfills, can also produce clean energy in the form of biogas and producer gas which can be converted to power and heat using a gas engine.

In addition, biomass wastes can also yield liquid fuels, such as cellulosic ethanol, which can be used to replace petroleum-based fuels. Cellulosic ethanol can be produced from grasses, wood chips and agricultural residues by biochemical route using heat, pressure, chemicals and enzymes to unlock the sugars in cellulosic biomass. Algal biomass is also emerging as a good source of energy because it can serve as natural source of oil, which conventional refineries can transform into jet fuel or diesel fuel.

Recycling and Waste-to-Energy Prospects in Saudi Arabia

recycling-Saudi-ArabiaThe Kingdom of Saudi Arabia produces around 15 million tons of municipal solid waste (MSW) each year with average daily rate of 1.4 kg per person. With the current growing population (3.4% yearly rate), urbanization (1.5% yearly rate) and economic development (3.5% yearly GDP rate), the generation rate of MSW will become double (30 million tons per year) by 2033. The major ingredients of Saudi Arabian garbage are food waste (40-51 %), paper (12-28 %), cardboard (7 %), plastics (5-17 %), glass (3-5 %), wood (2-8 %), textile (2-6 %), metals (2-8 %) etc. depending on the population density and urban activities of that area.

In Saudi Arabia, MSW is collected and sent to landfills or dumpsites after partial segregation and recycling. The major portion of collected waste is ends up in landfills untreated. The landfill requirement is very high, about 28 million m3 per year. The problems of leachate, waste sludge, and methane and odor emissions are occurring in the landfills and its surrounding areas due to mostly non-sanitary or un-engineered landfills. However, in many cities the plans of new sanitary landfills are in place, or even they are being built by municipalities with capturing facilities of methane and leachate.

Recycling Prospects in Saudi Arabia

The recycling of metals and cardboard is the main waste recycling practice in Saudi Arabia, which covers 10-15% of the total waste. This recycling practice is mostly carried out by informal sector. The waste pickers or waste scavengers take the recyclables from the waste bins and containers throughout the cities. The waste recycling rate often becomes high (upto 30% of total waste) by waste scavengers in some areas of same cities. The recycling is further carried out at some landfill sites, which covers upto 40% of total waste by the involvement of formal and informal sectors.

The recycled products are glass bottles, aluminum cans, steel cans, plastic bottles, paper, cardboard, waste tire, etc. depending on the area, available facilities and involved stakeholders. It is estimated that 45 thousand TJ of energy can be saved by recycling only glass and metals from MSW stream. This estimation is based on the energy conservation concept, which means xyz amount of energy would be used to produce the same amount of recyclable material.

Waste-to-Energy Potential in Saudi Arabia

The possibilities of converting municipal wastes to renewable energy are plentiful. The choice of conversion technology depends on the type and quantity of waste (waste characterization), capital and operational cost, labor skill requirements, end-uses of products, geographical location and infrastructure. Several waste to energy technologies such as pyrolysis, anaerobic digestion (AD), trans-esterification, fermentation, gasification, incineration, etc. have been developed. WTE provides the cost-effective and eco-friendly solutions to both energy demand and MSW disposal problems.

As per conservative estimates, electricity potential of 3 TWh per year can be generated, if all of the KSA food waste is utilized in biogas plants. Similarly, 1 and 1.6 TWh per year electricity can be generated if all the plastics and other mixed waste (i.e. paper, cardboard, wood, textile, leather, etc.) of KSA are processed in the pyrolysis, and refuse derived fuel (RDF) technologies respectively.

Conclusion

Waste management issues in Saudi Arabia are not only related to water, but also to land, air and the marine resources. The sustainable integrated solid waste management (SWM) is still at the infancy level. There have been many studies in identifying the waste related environmental issues in KSA. The current SWM activities of KSA require a sustainable and integrated approach with implementation of waste segregation at source, waste recycling, WTE and value-added product (VAP) recovery. By 2032, Saudi government is aiming to generate about half of its energy requirements (about 72 GW) from renewable sources such as solar, nuclear, wind, geothermal and waste-to-energy systems.

Biomass Resources in Malaysia

Malaysia is gifted with conventional energy resources such as oil and gas as well as renewables like hydro, biomass and solar energy. As far as biomass resources in Malaysia are concerned, Malaysia has tremendous agricultural biomass and wood waste resources available for immediate exploitation. This energy potential of biomass resource is yet to be exploited properly in the country.

Taking into account the growing energy consumption and domestic energy supply constraints, Malaysia has set sustainable development and diversification of energy sources, as the economy’s main energy policy goals. The Five-Fuel Strategy recognises renewable energy resources as the economy’s fifth fuel after oil, coal, natural gas and hydro. Being a major agricultural commodity producer in the region Malaysia is well positioned amongst the ASEAN countries to promote the use of biomass as a source of renewable energy.

Major Biomass Resources

Palm Oil Biomass

Malaysia is the world’s leading exporter of palm oil, exporting more than 19.9 million tonnes of palm oil in 2017. The extraction of palm oil from palm fruits results in a large quantity of waste in the form of palm kernel shells, empty fruit bunches and mesocarp fibres. In 2011, more than 80 million tons of oil palm biomass was generated across the country.

13MW biomass power plant at a palm oil mill in Sandakan, Sabah (Malaysia)

Processing crude palm oil generates a foul-smelling effluent, called Palm Oil Mill Effluent or POME, which when treated using anaerobic processes, releases biogas. Around 58 million tons of POME is produced in Malaysia annually, which has the potential to produce an estimated 15 billion m3 of biogas.

Rice Husk

Rice husk is another important agricultural biomass resource in Malaysia with very good energy potential for biomass cogeneration. An example of its attractive energy potential is biomass power plant in the state of Perlis which uses rice husk as the main source of fuel and generates 10 MW power to meet the requirements of 30,000 households.

Municipal Solid Wastes

The per capita generation of solid waste in Malaysia varies from 0.45 to 1.44kg/day depending on the economic status of an area. Malaysian solid wastes contain very high organic waste and consequently high moisture content and bulk density of above 200kg/m3. The high rate of population growth is the country has resulted in rapid increase in solid waste generation which is usually dumped in landfills.

Conclusion

Biomass resources have long been identified as sustainable source of renewable energy particularly in countries where there is abundant agricultural activities. Intensive use of biomass as renewable energy source in Malaysia could reduce dependency on fossil fuels and significant advantage lies in reduction of net carbon dioxide emissions to atmosphere leading to less greenhouse effect. However, increased competitiveness will require large-scale investment and advances in technologies for converting this biomass to energy efficiently and economically.

Biomass Energy Scenario in Southeast Asia

The rapid economic growth and industrialization in Southeast Asian region is characterized by a significant gap between energy supply and demand. The energy demand in the region is expected to grow rapidly in the coming years which will have a profound impact on the global energy market. In addition, the region has many locations with high population density, which makes public health vulnerable to the pollution caused by fossil fuels.

Another important rationale for transition from fossil-fuel-based energy systems to renewable ones arises out of observed and projected impacts of climate change. Due to the rising share of greenhouse gas emissions from Asia, it is imperative on all Asian countries to promote sustainable energy to significantly reduce GHGs emissions and foster sustainable energy trends. Rising proportion of greenhouse gas emissions is causing large-scale ecological degradation, particularly in coastal and forest ecosystems, which may further deteriorate environmental sustainability in the region.

The reliance on conventional energy sources can be substantially reduced as the Southeast Asian region is one of the leading producers of biomass resources in the world. Southeast Asia, with its abundant biomass resources, holds a strategic position in the global biomass energy atlas.

There is immense potential of biomass energy in ASEAN countries due to plentiful supply of diverse forms of wastes such as agricultural residues, agro-industrial wastes, woody biomass, animal wastes, municipal solid waste, etc. Southeast Asia is a big producer of wood and agricultural products which, when processed in industries, produces large amounts of biomass residues.

palm-kernel-shell-uses

Palm kernel shells is an abundant biomass resource in Southeast Asia

According to conservative estimates, the amount of biomass residues generated from sugar, rice and palm oil mills is more than 200-230 million tons per year which corresponds to cogeneration potential of 16-19 GW. Woody biomass is a good energy resource due to presence of large number of forests and wood processing industries in the region.

The prospects of biogas power generation are also high in the region due to the presence of well-established food processing, agricultural and dairy industries. Another important biomass resource is contributed by municipal solid wastes in heavily populated urban areas.

In addition, there are increasing efforts from the public and private sectors to develop biomass energy systems for efficient biofuel production, e.g. biodiesel and bioethanol. The rapid economic growth and industrialization in Southeast Asia has accelerated the drive to implement the latest biomass energy technologies in order to tap the unharnessed potential of biomass resources, thereby making a significant contribution to the regional energy mix.

How An Increase in Demand of Epoxy Resin Can Fuel the Need for Clean Energy

Epoxy resin is a kind of reactive prepolymer and polymer that contains epoxide groups. It is important to note that epoxy resin is different from other polyester resins in terms of curing. Unlike other resins, instead of using a catalyst as a curing agent, it is cured by an agent known as the hardener. It possesses many desirable properties such as high tensile strength, high adhesive strength, high corrosion resistance, and excellent moisture & chemical resistance. It is also resistant to fatigue, has a long shelf life, and has good electrical and insulating properties. The ability of epoxy resins to be used in various combinations and reinforcements makes it the foundation of a plethora of industries, including clean energy systems.

Applications of Epoxy Resins

Because of the versatile properties of epoxy resins, it is used widely in adhesives, potting, encapsulating electronics, and printed circuit boards. It is also used in the form of matrices for composites in the aerospace industries. Epoxy composite laminates are commonly used for repairing both composite as well as steel structures in marine applications.

Due to its high reactivity, epoxy resin is preferred in repairing boats that have been damaged by impact. Its low shrinking properties and ease of fabrication make it well suited for many tooling applications such as metal-shaping molds, vacuum-forming molds, jigs, patterns etc.

Use of Epoxy Resins in Clean Energy

A variety of industries have been actively trying to find a path that’s moving towards a society that puts less load on the the environment and also contributes towards reducing the carbon footprint. The accelerated use of epoxy resins in generating renewable energy has lead to a rise in its production demand. This is why the epoxy resin market is projected to witness a high demand and growth rate by 2022. Here are some of the sectors contributing to the production of clean energy and how they utilize epoxy resin for their functioning:

  • Solar Energy

The harnessing of solar energy dates back to 700 B.C, when people used a magnifying glass to focus the sun’s rays to produce fire. Today solar power is a vigorously developing energy source around the globe. It not only caters to the rising energy requirements but also the need to protect the environment from the exploitation of exhaustible energy resources.

A piece of average solar equipment endures intense environmental conditions such as scorching heat, UV radiations, bitter cold,  pouring rain, hail, storms, and turbulent winds. To withstand such conditions, the sealing and mounting application of epoxy resins increase the environmental tolerance of the solar equipment.

With their high mechanical strength, impressive dimensional stability and excellent adhesion properties, they are used to protect the solar panels from a wide range of temperatures. Epoxies are cheap, less labor-intensive and easy to apply.

  • Wind Energy

The global wind industry has quickly emerged as one of the largest sources of renewable energy around the world. The wind energy in the U.S. alone grew by 9% in 2017 and today is the largest source for generating clean energy in the country. With such a tremendous demand for wind power, the need for fabricating bigger and better wind turbine blades is also rising. The industry is in a dearth of long-lasting blades, that endure the harsh climatic conditions and wear tear and are able to collect more wind energy at a time.

Sealing and mounting application of epoxy resins increase the environmental tolerance of the solar equipment

Epoxy thermosets are used for making the blades more durable because of their high tensile strength and high creep resistance. Mixing of epoxy resins with various toughening agents and using them on the blades have shown positive results towards making the blades corrosion resistant and fatigue-proof.

  • Hydropower

Hydropower is an essential source of renewable and clean energy. As the hydropower industry is developing rapidly, the solution for protecting the hydropower concrete surfaces against low temperatures and lashing water flow has also been looked into.

As a solution to this issue, epoxy mortar, a mixture of epoxy resins, binder, solvent, mineral fillers, and some additives has proven to be the most effective material used for surface protection. Owing to the properties like non-permeability, adhesive strength, anti-erosive nature, and non-abrasiveness, epoxy mortar paste has been used as a repairing paste in the hydropower industry.

Over the last few decades, epoxy resins have contributed immensely in the maintenance and protection of clean energy sources, helping them to become more efficient and productive.

Final Thoughts

While many argue that factors like a relatively high cost when compared to petroleum-based resins and conventional cement-mortar alternatives has affected the epoxy resin market growth, the fact remains that epoxy resin never fails to deliver top-notch and unmatchable results in the areas of application.