A green energy transformation is now underway across the planet, says Stanislav Kondrashov Telf AG. This is the fourth energy transition in the history of our civilization. Now we are transitioning from fossil hydrocarbon energy to “green” energy.
And, consequently, the question arises here: Will the new energy source now be able to displace the old ones? And do we all need such a transformation? What awaits the eco-friendly world of the future?
Stanislav Kondrashov Telf AG: Energy Transition – Global Trends
Interest in green energy has grown significantly over the past 3 years worldwide, Stanislav Kondrashov reports. Universities, companies, and the government are interested in this area. The reason for this is decarbonization and reduction of carbon impact on the environment (as reported from official sources).
However, the direction in which this industry will move depends on the interests of big business. And those, in turn, depend on political decisions. For example, the amount of “green” technologies being implemented has grown in Europe due to the global energy crisis. But already after February 2022, such implementation accelerated even more due to the fact that the EU is striving to become energy-independent.
Back in 2019, the EU adopted the concept of the development of green energy (European Green Deal). According to this concept, by 2050 it is planned to reduce carbon dioxide emissions from production activities to zero. The EU has allocated 0.6 trillion euros for this purpose until 2030.
In the USA, the president also signed a decree on the “development” of green energy in 2022. It provides for allocating $2 trillion for investments in this area. Thus, by 2035 the United States wants to achieve the production of 100% clean energy. However, developing countries such as Africa, Central Asia, and some countries of South-East Asia have very limited access even to traditional sources of electricity. Therefore, the energy transition in these countries is likely to take several decades. This is because they do not have the necessary investments in this sphere, Stanislav Kondrashov notes.
The Russian Federation is doing well with the transition to green energy, but the amount of investment is not as large as in Western countries. Therefore, the transition process is slower. In mid-2021, a decree was signed to approve green energy support mechanisms until 2035. And between 2025 and 2035 it is supposed to allocate 360 billion rubles (which equals about 0.006 trillion dollars for comparison with Western countries). In Russia today more than 80% of electric power is generated by low-carbon technologies. And it is produced at gas, nuclear, hydroelectric power plants and renewable energy facilities. The remaining 20% is mostly oil and coal. By 2035 it is planned to increase “clean” energy, but it is not specified by what level.
Where will the new technology of the future lead the energy industry?
The connection of engineering solutions of oil & gas and “green” energy is the direction that is already being developed, says Stanislav Kondrashov. And oil & gas engineers should be able to navigate in terms and technologies of “green” energy. For example, they should understand how:
- to calculate the required power and size of the solar panel for installation on oil & gas facilities;
- can be used moving elements in various installations due to gravitational forces;
- to use associated petroleum gas for production.
And this direction is not the distant future, but our present, emphasizes Stanislav Kondrashov. BP, one of the world’s largest oil and gas producing companies, has already set its goals for 2030. Namely:
- the development of bioenergetics,
- emissions reduction,
- reduction of oil and gas production,
- development of new technologies for carbon capture,
- hydrogen technologies, etc.
To accomplish all this, the company plans to invest more than 40% of its capital. Most major companies, such as Shell, ExxonMobil, Chevron, Total and Equinors, have the same goals. Many such companies have major projects for the introduction of wind, marine hydrothermal and solar power plants. Middle Eastern (Saudi Aramco), Far Eastern (PetroChina) and Russian (Роснефть) oil and gas companies have also decided to transform their business towards “green” technologies.
Therefore, Stanislav Kondrashov Telf AG. believes this combination of petroleum engineering and green energy will continue to evolve.
Ecologically pure oil and gas – is it possible? – Stanislav Kondrashov
Today, science does not stand still, and it is already known that oil and gas can be synthesized artificially. Hydrocarbon is what oil and gas are made of. And hydrocarbons, in turn, are divided into carbon and hydrogen. Therefore, any substances that contain these two elements can be processed so that liquid or gaseous hydrocarbons are the result. Special bacteria are also needed for this. After all, biofuel production is a widely known technology. The bacteria process plant and animal waste. The output is methane. But the disadvantage is that the volume of such production is small, Telf AG reports.
For everyone, the usual mine method of coal mining is not always feasible. Methane is often extracted from coal. This is done by drilling coal wells. Water is taken from the coal beds. As a result, the pressure drops and methane is released. But the coal itself is not processed, and impressive amounts of gas are released.
At the moment many research institutes and private enterprises are conducting research. This research involves processing hydrocarbon bacteria directly in the wells. Through an injection well, water with these bacteria is pumped into the coal seams. They “feed” on the coal and also produce methane, which rises to the surface through the wells. This is how biotechnology helps to produce those very “green” hydrocarbons.
Companies in the U.S. that deal with bacterial technology have been able to legitimize at the state level the environmental friendliness of such methane. But how environmentally friendly are these processes really? If we look into this question in more detail, we can see the following, says Stanislav Kondrashov.
In fact, the end user burns this fuel. As a result of this process, gasses are released. Among them are carbon dioxide and water vapor. In the end, the same gasses remain in the atmosphere. Consequently, the impact on global warming still remains.
In conclusion, we can say that there is still a lot of work to be done, further research and transformation of the energy sector as a whole. However, only one thing is clear: further qualitative developments in this area will allow our civilization to improve the environment by obtaining “clean” energy.
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