The Importance of Developing Renewable Energy in Europe

In recent years, Europe has been faced with the problem of continuous urbanization and excessive energy consumption, closing in on exhaustion of available energy resources. In view of this, the notions of sustainability and resilience have become paramount in resource management and policy-making. Within such a context, renewable energies play a key role in the global energy pool. Amongst these, wind energy production accounts for almost half (43%) of the global generating capacity [1]. Nonetheless, despite its obvious merits, the â€Å"Big Wind industry† comes with a number of potential shortcomings largely relating to the short life-span of these components and the lack of efficient operation and maintenance (ΟÎÅ") planning schemes. The latter†¦show more content†¦Problem-specific, cost-benefit analyses have not been conducted in detail, in order to provide significant indications that the benefits of SHM systems outweigh their cost. In this respect, one should mind that stakeholders, managers and infrastructure operators need simple and reliable tools in the form of â€Å"yes/no actions†, or â€Å"green/red buttons†. Unavoidably, this implies that SHM systems should be transformed from complex research-oriented measurement campaigns into robust, integrated solutions that accompany the structure throughout its life-cycle. Our goal is to address the aforementioned bottlenecks, maximizing the return on investment for such facilities by extending the useable lifetime through a smart monitoring implementation. In a nutshell, the proposed project has the following main objectives: 1. We will propose a new monitoring paradigm for WT facilities which features optimal sensor placement, i.e., minimally used instrumentation for extraction of the necessary amount of key response quantities in an effort to track these systems from cradle-to-grave. 2. Based on this sensory feedback and data collection, we will develop data processing methodologies relying on SHM, for the extraction of metrics for LCA both in the short term (damage, anomalies and extreme events detection) and in the long-term (deterioration, fatigue and defectiveShow MoreRelatedWhat Is Three Mistakes To Avoid In Energy Due Diligence?720 Words   |  3 PagesAvoid in Energy Due Diligence Deal making in the energy sector can be valuable but tricky. The sector is currently divided in markets with regulated and well-managed networks and those that are still looking to develop. Both markets are, however, offering valuable opportunities – as long as due diligence is at the core of the deal making. Renewables emerging as a key investment strategy The energy sector continues to generate plenty of value. According to EY reporting, regulated energy networksRead MoreComparing The United States And Western European Countries1528 Words   |  7 Pagesto western European countries and the U.S. for their economic model and their level of development. However, when it comes to politics of energy, an interesting gap between the U.S. and its European brothers and sisters appears. An interesting example is Portugal who, according to the New York Times, already collects 45% of its electricity from renewable energy sources, compared to 12% in the United States. What’s even more surprising is that since Richard Nixon, every president has made a nationalRead MoreSustainability And Sustainability Project : Deutsche Bank1554 Words   |  7 PagesSustainability Project Current trends suggest that sustainability is a topic of increasing importance for organizations. Consequently, institutions within the financial services industry and elsewhere are following the momentum by allocating resources to sustainability programs. The Deutsche Bank is one of the institutions engaging in these changes. The institution was founded in 1870 in Berlin, Germany, by Adelbert Delbrà ¼ck. The bank is a well-established company and operates worldwide. With theirRead MoreThe Oil Spill Of 20101535 Words   |  7 Pagestaken the act of turning to renewable energy sources. Burning fossil fuels also has a downside to the environment, polluting the air and water, and damaging the health of plants and animals. The BP Oil spill of 2010 is one example of how dangerous fossil fuels are when they are exposed to the environment. There is much controversy in the United States for renewable energy sources being funded, but the facts are on the rise. Having a cleaner and more effi cient source of energy is important for both environmentalRead MoreThe Development Of The World Population1528 Words   |  7 Pagesof high birth, high death, and almost stagnant growth. After entering the era of capitalism, the population rapid grows due to the industrial revolution in Europe in 18th. From the early nineteenth century to 1950, Europe, the United States and other developed countries’ population growth 2.35 times in the 150 years, meanwhile other developing countries population growth of only 1.31 times. After World War II, the second wave of the population happened in the whole world. In 1950-1988, the worldRead MoreBiofuels And Its Effects On The United States Essay1243 Words   |  5 Pagesbiofuel is a mixture of organic substances that are used as fuel in an internal combustion engine. Derivative of biomass, organic matter originated in a biological process, spontaneous or provoked, usable as an energy source. Biofuels are biologically derived fuels obtained in a renewable way from organic waste. These organic remains usually come from sugar, wheat, corn or oilseeds. They all reduce the total volume of CO2 emitted into the atmosphere as they absorb it as they grow and emit virtuallyRead MoreNatural Resources And Its Effects On Our Earth Essay1723 Words   |  7 Pageson our earth where in the long run can ultimately kill . The energy that makes natural resources comes from geochemical, geophysical and solar energy. Soil, wood, oil. minerals, petroleum, water are considered natural resources because they occur in their natural form and are not made by human beings.There are two types of natural resources: renewable and nonrenewable. Renewable resources as in trees and solar energy. And non-renewable as in coil and using fossils for fuel. Natural resources do fuelRead MoreTechnology Is The Single Most Important Factor1772 Words   |  8 Pagesthe single most important factor with regards t o the development of clean energy. There has been significant strides taken in the realm of renewable energy, particularly in PV solar and wind generator power technology. Many European countries have taken the lead in PV solar technology particularly Germany which has public, government and policy support to enable further developments in PV. Moreover additional â€Å"Clean† energy technology is currently in development, one particular example is the ITERRead MoreRole of Australias Government Renewable Energy and Sustainable Development2646 Words   |  11 PagesContents Introduction 1 II- Rationale: Renewable energy and sustainable development 2 III- Why Australian Government should lead the initiative? 4 IV- Governmental initiatives 6 V- Supply side interventions: Rebates and feed-in tariffs 8 VI- Conclusion 10 Bibliography 11 Introduction Renewable energy is derived from sources that are naturally replenish-able and supply of energy from these sources is infinite. The main purposes served by using renewable energy are many such as generation of powerRead More Promotion of New and Renewable Sources of Energy Essay2269 Words   |  10 PagesPromotion of New and Renewable Sources of Energy Introduction Energy plays a crucial role in the economic development of all nations, especially those with limited access to resources. Access to energy sources is one of the fundamental elements of poverty reduction and sustainable development. It is for this reason that renewable energy and energy efficiency is essential to protect and preserve, as it provides a basis for economic advances, increased education, and environment sustainability