September 2, 2013
Big water is the new energy on review. Hydropower is one energy solution yet, the demand for water is increasing as it is used in shale production and more. The growth of hydro is one element in the energy mix that will support small gains but in the overall energy pie will contribute to rounding the demand solution. Water is not just for drinking anymore it is a power play. The news of the “US pumps $16m into hydro projects” is a one step investment in the driving hydropower.
Energy Live News reported, “The US Energy Department is providing nearly $16 million (£10.3m) to capture energy from waves, tides and currents in the country. A total of eight projects will share $13.5 million (£8.7m) from the fund to build durable, efficient wave and tidal devices that can reduce overall costs and maximise the amount of energy captured.”
“Another $2.4 million (£1.55m) will be shared between nine projects, which will gather and analyse environmental data as well as potential development areas. Latest assessments by the Energy Department found up to 1,400 terawatt hours of energy could potentially be generated from wave and tidal every year – with one terawatt hour of electricity enough to power around 85,000 homes.”
As we look toward the future water will be a leveraged commodity for the development of energy, projects, production and safe drinking water. The escalation of water is one step in envisioning a new future of a smarter grid using technology and renewables for a nexus of solutions leading to security, health and safety.
Further, climate change has pushed new weather patterns that make wave innovation feasible despite intermittency towards a reliable source of power.