Minesto Reaches Historic Milestone – First Electricity to Grid With Tidal Powerplant Dragon 12

SWEDEN—On February 9, the utility-scale tidal power plant Dragon 12 (rated at 1.2 MW) owned and operated by Ocean energy company Minesto successfully went into service, supplying the Faroe Islands' national grid with its first electricity. Understanding the Methodology: Tidal streams and ocean currents are 100% predictable ~  Minesto's method aims to efficiently harvest the energy present in tidal streams and ocean currents. Ocean currents and tidal streams can provide locally generated, dependable, and safe renewable energy.  In contrast to other renewable energy sources, there are some notable advantages: Trustworthy and dependable. Different from wind, solar, and other ocean energy sources like wave power, tidal and ocean currents are almost always predictable. The endless flows guarantee dependable power availability in the future. Globally: Every continent has tidal streams and ocean currents. Full of vitality: As flowing water has a density that is around 830 times higher than moving air, energy conversion occurs more efficiently.  Minimal land use and little visual impact: In many regions of the world, there is not enough land available for renewable energy installations. Onshore energy sources like solar and wind therefore face competition from other land uses. Underwater energy production technologies, such as Minesto's tidal technology, are covert and do not compete with land-based applications. Using the immense resources of tidal streams and ocean currents with little to no environmental involvement is one of the least restricted ways to produce huge amounts of power. The fully functional Dragon 12 from Minesto resembles a future military drone, yet when submerged, it acts a lot like a kite. It harvests renewable energy by flying patterns faster than the currents thanks to the lift produced by tidal flows. The foundation of most renewable energy grid ideas is solar energy, but moon energy is even more dependable, and some businesses are attempting to market energy produced by the tides' regular inflows and outflows. 'Let's make use of the tidal streams and ocean currents. The ocean continues to be one of the largest and least used renewable energy sources in the world. Ocean energy has the potential to provide dependable and sustainable electricity to communities worldwide!' - Technologies Minesto The Dragon 12 is competitive because it is robust, cost-effective, and dependable in providing power to the grid ~ It works similarly to land-based wind energy kites, which fly in figure-8 patterns to accelerate themselves faster than the wind. According to Minesto, this allows the Dragon to extract more energy from a given tidal stream than previous designs. It also modifies the economic calculations for locations that are relevant, making slower tidal flows more profitable to exploit. These are by no means little kites; to fit inside a shipping container, the Dragon 12 must be disassembled. Its massive 12-meter (39-foot) wingspan belies its weight of at least 28 tons. The most important number in this situation, as it is in any renewable energy project, is LCoE (levelized cost of energy). How much will it cost? According to Minesto's 2017 projection, if the first 100 megawatts of capacity were constructed, prices would drop to as low as $54/MWh. The Faroe Islands are a group of narrow gaps that tidal currents funnel through.  This increases the water's speed significantly, which boosts the amount of energy that devices like the Dragon 12 can absorb.  ''There is an urgent need to stop subsidizing the fossil fuel industry, dramatically reduce wasted energy, and significantly shift our power supplies from oil, coal, and natural gas to wind, solar, geothermal, and other renewable energy sources.  A spiritual voice is urgently needed to underline the fact that global warming is already causing human anguish and mortality in our nation and abroad, and much more will occur in the future without rapid action.'' ~ Bill McKibben

India's Green Energy Path

Renewable energy is becoming more popular in India. It previously stated its intention to reach net zero emissions by 2070. Furthermore, the Ministry of Power anticipates that by 2030, the country will be able to meet 62% of its energy needs using non-fossil fuel sources totalling 500 GW. However, to reach its ambitious goal and contribute to the clean energy revolution, the country would require the help of renewable energy technologies. “Sustainable energy + food security + healthy environment = full employment + better future.” — Phil Harding (A Profound British Field Archaeologist) Conceptualization of Clean Energy: Our planet is powered by the energy we generate. Clean energy production enables us to generate the energy we require while avoiding the greenhouse gas emissions and other environmental effects associated with fossil fuels, so aiding in the mitigation of climate change. There are several benefits to using clean energy, but the two most significant are environmental and financial. In terms of the environment, the production of clean energy emits fewer pollutants than the production of fossil fuel-based energy. Reduced harmful emissions are a crucial step towards climate change mitigation. Financially, as the renewable energy industry grows, it has the potential to create new job opportunities and stimulate the economy. Reduces greenhouse gas emissions- improving air quality and environmental protection New job possibilities- may be created as manufacturing plants are developed, boosting the economy Reduces reliance on other forms of energy- Using them may help reduce reliance on other forms of energy, such as coal Indian Energy Transition Journey: The Indian government arrived at this year's UN climate conference with a new set of renewable energy targets and a net-zero target for 2070, presumably reliant on the availability of a trillion dollars in financial assistance. While it is clear that Mr. Narendra Modi wants renewable energy to fulfill as much of India's future energy demand as possible, the negotiating team made no mention of a transition away from fossil fuels. Instead, it campaigned for a last-minute change in the final form of the Glasgow Climate Pact in order to reduce the emission from coal driven sources at effective quantities. Overall, switching to renewable energy provides not just long-term benefits but also enormous commercial opportunities. Because of its swift flexibility and proactive approach, India is uniquely positioned to become a global leader in the usage of renewable energy.