Important Innovations

  South Korea Investing $43.2 Billion in Offshore Wind Farm                         Source:  Stock Image of Offshore Wind Farm South Korea's Green Eco-Environmental Recovery   South Korea is investing $43.2 billion to build the world's largest offshore wind farm by 2030.  This is a big part of the South Korean government's effort to rebuild its economy from the COVID-19 pandemic through building environmentally friendly big projects.  The green economic recovery effort is SK President Moon Jae-in's Green New Deal. Global First The size and scope of this offshore wind project is a global first. It  will have a capacity of 8.2 gigawatts.  Through this major offshore wind project, the South Korean government says that it is accelerating its eco-friendly energy transition and moving toward carbon neutrality by 2050.  South Korea is a major, global innovation hub and it is Asia'...

BP Pilot Project in Australia Source:  stock image of hydrogen Producing Hydrogen From Wind and Solar Power British Petroleum has won approval from the government of Australia to produce hydrogen energy from wind and solar power.  The renewable energy sources of wind and solar power will be used to split water and convert it into hydrogen and ammonia.  Australia is contributing more than $1 million to the $4.4 million BP feasibility study. Australia:  Global Hydrogen Capital Australia has ambitions to be a major producer of hydrogen by 2030.  If the feasibility study yields promising results, BP will build a pilot plant in western Australia to produce 20,000 tons of hydrogen.  Later, it will build a commercial scale facility capable of producting 1 million tons for both domestic and international markets. Renewable Energy's Holy Grail The production of green, renewable hydrogen using wind and solar power drastically cuts ca...

Denmark's New Artificial Offshore Island to Harness Wind Energy Source:  Wind Turbines off Denmark Stock Image $30 Million Landmark Project of Wind Island Innovation Denmark is planning an unprecedented $30 million offshore wind island to pull in wind energy from offshore wind farms.  The island will be built as an artificial island of green energy innovation. The island will tie-in power from existing offshore wind farms.  This planned facility could have a total capacity of 10 gigawatts.  The price-tag for it is $30 million Wind Energy Suppling Denmark 10 gigawatts of energy would be enough to supply 10 million households in Europe. Denmark's population is 6 million. The catalyst behind this project is Denmark's ambitious green energy plans.  They've established rigorous regulations to meet tough climate change targets.  Their wind island is designed to harness blowing winds, power virtually all households in the nation and take th...

2020 - High as a Wind Power Kite in the UK Source:  Kite Power Systems' Wind Power Kite Kite Powered Electricity Scotland-based Kite Power Systems vows to provide wind generated electricity to more than 5000 British homes by 2020.  Their kite power technology system is novel and promising.  They say they can harness clean wind energy at the utility scale.  They're the UK's only company active in the high altitude wind power sector. They claim they're cheaper than fossil fuel electricity generation and cost much less than traditional wind turbines.  They also use 85% less material. Kite Tech Kite Power Systems features 2 kites that fly up to 1500 feet. They travel up to 100 mph in 20 mph winds. They're attached by tether to a winch system that drives a generator as they spool out producing electricity for the grid.  In essence, the tether tension causes the line to spool out from a rotating drum, which turns a generator to produce electricity. ...

Maersk Tankers' Wind Power Testing Source:  Maersk Six, Cylinder High Tech Sails High Tech Sails Oil prices are surging.  Danish shipping giant Maersk is testing high tech sails to cut its marine fuel costs.  It's installed 100 foot tall rotating cylinders on one of its ocean-going vessels.  The cylinders are very high tech sails designed to capture the power of the wind and convert it into energy. Norsepower Norsepower, based in Finland, makes the sails of composite material.  They are rotor sails and are based on what's called the "Magnus Effect".  In effect, a spinning object drags air faster around one side, creating a pressure difference that pushes the vessel in the direction of the lower pressure side. Wind Testing Sustainable Energy If the system proves successful, Maersk expects to start saving 10% in fuel bills per vessel.  And it will install the technology on at least 80 of its 164 tanker fleet.  So far the compan...