SLIDE 1
- NO. 1 CLIMATE
SOLVER
1
- NO. 1 CLIMATE
SOLVER
2
NORDIC COLLABORATION TO POWER LOCAL COMMUNITIES ON ICELAND NO. 1 - - PowerPoint PPT Presentation
NORDIC COLLABORATION TO POWER LOCAL COMMUNITIES ON ICELAND NO. 1 - - PowerPoint PPT Presentation
NORDIC COLLABORATION TO POWER LOCAL COMMUNITIES ON ICELAND NO. 1 CLIMATE 1 SOLVER WHAT IF YOU COULD TURN HOT WATER INTO ELECTRICITY NO. 1 CLIMATE 2 SOLVER HEAT POWER. ONE OF THE WORLDS LARGEST UNTAPPED ENERGY SOURCES WASTE HEAT
SLIDE 2
SLIDE 3
- NO. 1 CLIMATE
SOLVER
3
HEAT POWER. ONE OF THE WORLD’S LARGEST UNTAPPED ENERGY SOURCES
Source: (1) C. Forman et. al., Estimating the global waste heat potential, December 2015.
WASTE HEAT RECOVERY
70% 60%
>50%
Of global energy consumption is wasted heat1 Transportation Industrial
GEOTHERMAL HEAT
Potential low temp. heat sources Potential high
- temp. heat
sources The planetary resources exceed total global demand
SLIDE 4
- NO. 1 CLIMATE
SOLVER
4
CONVERTING HOT WATER TO GREEN ELECTRICITY
Heat source 70-120°C Cold source 0-30°C 150 kW typical net
- utput
250 2m 2m 2m
=
Source: (1) Energirådgivaren, using the domestic electricity consumption in Sweden 5,000 kWh.
1
SLIDE 5
- NO. 1 CLIMATE
SOLVER
5
INTERMITTENT RENEWABLE ENERGY SOURCES HAVE CLEAR SIZE LIMITATIONS
Wind power: 1,244,000 m2 (17 MW @ 30% uptime)1 Solar power: 92,600m2 (13.5 MW @ 40% uptime)1 Climeon Heat Power 900m2 (5,4 MW @ 98% uptime)1
Source: Climeon; (1) U.S. Energy Information Administration, Electric Power Monthly.
SLIDE 6
WHAT’S NEXT?
SLIDE 7
AT THE SAME TIME ACROSS THE GLOBE
SLIDE 8
8
PROJECT HIGHLIGHTS
VARMAORKA & CLIMEON POWER PLANT #1
THE FLÚDAORKA GEOTHERMAL POWER PLANT
The Flúdaorka Power Plant is located just outside Flúdir in southeast Iceland. The area is rich in geothermal heat, mainly used for district heating and green houses. The construction of the powerplant began in May 2018 and commissioning was finished in March 2019. Our partner, Varmaorka, is an Icelandic project developer which develops, finances, constructs and
- perates small scale geothermal facilities in Iceland.
600 kW
Clean electrical output capacity installed
8 months
Record fast project execution (from contract to first kWe)
500
Visitors to the power plant so far.
600 kW
It has outperformed
- ur expectations!
Ingvar Garðarsson Chairman of the Board, Varmaorka
TRANSFORMER
400 V 11 kV
WELL PUMP GAS SEPARATI ON COOLING TOWER
116 C 20 l/s 10 C 20 l/s 65 C 20 l/s
SLIDE 9
COMMUNITY IMPACT
✓ Self sufficient and independent ✓ Self esteem and pride ”Made in Sveitin” ✓ Business opportunity ✓ Environmental impact ✓ Tourism
SLIDE 10
Sommerhouses
SLIDE 11
Greenhouses
SLIDE 12
Hotels and Bathing Lagoon
SLIDE 13
Industry and Data Centers
SLIDE 14
KEY FACTORS TO OUR CLOSE COLLABORATION
- We share the same goal - Locally produced green electricity “Made in Sveitin”
- Teamwork – Transparency, daily communication and fun !
- Local knowledge - Well connected with municipalities and landowners across Iceland
- Demanding customer - Pushing us to develop our products & services
- Open minded - Early adopters of new technology
SLIDE 15
ICELAND AS A IMPORTANT MARKET - LOW ELECTRICITY PRICES
- Extremely low electricity prices. Pushes product development. If it is
possible in Iceland it is possible anywhere.
- World leading knowledge within geothermal.
- Nordic culture!
- Easy to reach knowledge and communicate between the parties.
- Quick to resolve issues, everyone ready help out.
- Suppliers quick to react and resolve issues.
SLIDE 16
Fludir Heat Power Construction 2018 and Opening Ceremony 2019
SLIDE 17
H.R.H Crown Princess Victoria showed great interest in Fludir Power Plant