This blog outlines the current trends and findings of new energy technologies that will be in use in 2022 and beyond.
With over 20 years of experience working with models in engineering, Modeldom’s Energy and Process Industry Director, Stephane Velux, shares his opinions on energy technologies developments, observations, and observations – with a focus on the trends happening in the field and how the use of simulation software has helped world-class organizations to stay ahead.
Organizations have set themselves the objective of drastically cutting CO2 emissions to combat the effects of climate change it o. Furthermore, governments, as well as energy companies, are making investments in alternative energy sources and are moving towards fossil-fuel alternatives.
Model-based design and simulation of systems have helped foster technological innovation and combat the expensive inputs that these massive projects require.
Here are some recent trends emerging within energy technology in 2022 and the years to be followed that Model on is witness to and encourages.
1. Trend: The energy sector is focusing on carbon neutrality.
With huge investments in advanced and low-cost renewable energy sources like photovoltaic and wind (PV), The energy sector is leading the way in decarbonization.
To facilitate the rapid development of renewable energy sources without compromising the stability of power systems, dispatchable units, including fossil-fueled power plants, are currently managing the demand and production of energy.
This is certainly the case until massive energy storage technologies become accessible. To combat the carbon emissions of current assets, the energy sector has regained interest in carbon Capture and Storage technologies.
Carbon Capture and Storage: or CCS, refers to capturing carbon dioxide before it reaches the atmosphere, transporting it to a storage area, and securing it for the foreseeable future.
Post-combustion CO2 absorption with liquid solvents made of amine has been on the radar for over 15 years; however, it hasn’t been used commercially as expected because of the absence of incentives or carbon taxes.
But, things are changing. Utility companies are now asking academic engineering departments and commercial tools to determine how much CCS will cost and to ensure steady CO2 removal rates without affecting the power plant, such as reducing power production or limiting transient operation.
CCS: could also speed up the development of hydrogen technology through the steam reforming process of methane, an inexpensive and less invasive method to create hydrogen until electrolyzes become less expensive.
One concept related to CCS is CCUS, which stands for Carbon Capture Utilization (sometimes called “Usage”) and Storage. CCUS is based on the same concept as CCS; however, instead of keeping carbon, it is reused in industrial processes by changing it into concrete, plastic, or fuel.
Manufacturing synthetic fuels such as methane and diesel could also require direct air capture (DAC) in place of capturing point sources. DAC is still in the initial stages but is being investigated by businesses across all industries.
It is due to the possibility of making the transport sector carbon neutral while leveraging the existing hydrocarbon infrastructure.
While carbon capture is recognized as a technology essential to reaching climate targets, the primary issue is its commercial deployment.
This involves significant investment in design, building, and operating costs. Numerous companies like Snoop Dogg Vape Pen manufacturer are turning to model-based design and simulation of systems to determine the best options to implement a cost-effective method of achieving targets for reducing CO2 emissions.
Trend 2 Storage Systems For Energy Technology Are At The Forefront Of Energy
Is available in various types – electrical, mechanical, thermal, chemical, and thermal. The methods of changing and storing energy can vary vastly, yet they are abundant.
Energy storage systems have been identified as the key enablers of the widespread use of renewable power sources.
The primary purpose of these storage systems for the power sector is to save the surplus renewable power and later use it.
The main challenge for companies is to come up with a cost-effective, efficient, effective, scalable, and able to be dispatched using common components and materials for the construction of these systems of Storage.
As more businesses focus on and plan for energy storage: Thermal Energy Storage (TES) systems are gaining momentum to be the mainstay for these firms. The TES system is not just suitable for cooling and heating applications (power-to-heat); however, it is also useful for storing heat and converting it into electricity.
High temperatures stored heat is efficiently converted to power using standard heat engines, such as those found in thermoelectric power stations.
The alternatives to store heat on a massive scale include stone and sand or even melting salt. Some examples of the technologies that TES systems are employed to generate power include: Pumped power – renewable energy is transformed into heat with the heat pump, which can then be converted back into power by an engine for heat.
CSP:– Concentrated Solar Power (CSP) Solar radiation has been absorbed and stored in heat. This is later converted into electricity through the heat engine.
Retrofitted traditional boilers TES is installed in an existing facility to store renewable energy generated by the grid as heat.
It is then converted back into electricity using the steam cycle. The above solutions involve assembling common components,
including tanks, valves, and pump turbines. They must be planned and controlled efficiently.
System simulation is well equipped to determine the best configuration for the system and devise methods of control for normal operating (start-up or charging, shut down, and charging) or failure-related modes.
3. Trend: Hydrogen is the fuel of the future.
To tackle the issues of trends 1 and 2, Numerous companies are looking toward the most abundant element in the universe:
hydrogen. Hydrogen is an extremely flexible energy source that has the potential to replace many of the existing technologies and provide sustainable and long-lasting options for all industries.
The government is investing heavily in hydrogen-related projects. There is a lot of research and development to be done shortly.
Tools for design and simulation at the system and component level will help engineers reduce the time for development and make the right choices at each stage of the value chain.
The Component Level On the component level, there is a constant need to enhance design to improve effectiveness, safety, and cost. The most difficult challenge is reducing the price of producing green hydrogen in electrolyzes.
In the near-term hydrogen production combining steam reformation of methane with CCS is a clear choice to balance sustainability and cost. In terms of utilization, the energy industry is looking to increase its use of hydrogen as a fuel in power plants that use gas for combustion.
This is possible by following the guidelines we provided in our previous post on hydrogen-powered power. In addition, mobile and stationary applications of fuel cells aim to increase performance and lower production costs.
Simulation of systems can enhance the general design and management of fuel cells, from fuel and air supply to water and heat management.
- The System Level At the system level, instruments need to help decision-makers assess and reduce the costs of transitioning to hydrogen technology.
- The transition will certainly need to be carefully planned, and a variety of energy technologies and hybrid configurations should be considered.
- Here are some examples of the questions decision-makers have to ask that system design and simulation can solve: Based on the forecasted and current prices for electrolyzes and hydrogen, is hydrogen better locally manufactured or bought?
- What is the most efficient storage method to store energy surpluses from my renewable energy source local to me, like hydrogen or battery?
- What impact will government incentives or credits for renewable energy or carbon tax have on our investment strategy?
- Should I make a bet on CC(U)S to achieve carbon neutrality while using my existing fossil-powered assets or change to a hydrogen-based option?
for Energy Technology Trends Energy technologies play an important role in our planet’s environmental sustainability and in decreasing carbon dioxide emissions.
CCS, DAC, energy storage systems, and hydrogen technology are on the rise as cutting-edge energy solutions for the 2022-23 timeframe and beyond.
Model-based design and simulation aid in the planning and developing of these big-scale projects to ensure a positive outcome of enhancing energy efficiency soon.
For more information on how models-based design and system simulation can help your company become more efficient in its energy use,