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Power-X : Game Changer - Renewable Energy

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Bhagvan Kommadi's picture
Founder of First Quantum Computing Startup in India Architect Corner

Bhagvan Kommadi is the Founder of Architect Corner - AI startup and has around 20 years of experience in the industry, ranging from large-scale enterprise development to help incubate software...

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  • Apr 23, 2021 12:30 am GMT
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This item is part of the Special Issue - 2021-04 - Innovation in the Power Industry, click here for more

IEA predicts that renewable energy will be 30 percent of the world market share in the energy industry by 2024. The renewable energy market comprises solar and wind energy companies. Power to X is a new term that stands for the conversion of power into heat, hydrogen, and synthetic fuels. Power to X helps in increasing the synthetic fuel usage in steel, food, fertilizers, and chemical industries. This concept helps in bringing down energy storage issues and managing the problems in the supply and demand of renewable sources.

The energy industry is evolving with new ideas like Power to X. Many new enterprises are seeing potential offerings with Power to X. It helps in solving many issues related to the transformation of energy from fossil sources to green energy forms like wind and solar energy. Power to X helps in long-distance travel using planes and Ocean marine ships that use liquid fuels. Energy storage is easy with Power to X for a large amount of time. The average supply of power is achievable with this concept.

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In Power to X, transformation happens from a non-CO2 energy source to a storable form of chemical energy. The first step creates hydrogen using the electrolysis process in water. Hydrogen can be used for transport and manufacturing applications in the chemical industry and oil refineries. Next step hydrogen is added with CO2 to create synthetic hydrocarbons. CO2 can be from power plants and waste to energy industries which create biomass. Another alternative is to add hydrogen to nitrogen for the creation of ammonia. Ammonia is used to propel marine engines in ships. Oil industries can support the Power to X energy method as they can select X, which can be any hydrocarbon. The wind and solar industry can also support the electrolysis process cost is insignificant in the overall cost.

Power to X value chain has many players from the transport industry. Fossil fuels can be transformed into e-fuels which are based on a zero-carbon policy for transport. Many countries are using this concept like in China, high curtailment percentages ranging from 10% to 14%  are observed in transmission processes.  Electric boilers are used for transforming renewable energy to heat form.

Power to X helps in smoothening the spikes in energy production. It cuts down the footprint of carbon in fuels to future proof the transport industry as carbon neutral. According to a research group in the chemical sector, Power to X can make the german chemical industry need for power after 15 years equal to one year’s country demand in 2018. Morocco by 2030 can produce 2 to 4% of the world’s energy demand for Power to X energy products. U.S.A government after joining the Paris climate accord, 2 trillion dollars is used for clean energy starting from this year to reach the goal of carbon-neutral fuels in 2050.

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John Wilson's picture
John Wilson on May 6, 2021

RethinkX has been doing great work modeling this for the USA. Very dramatic results that are at odds with the pace of change the power sector currently anticipates.

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