The energy transition TE21 proposed by CMES, exposed in the book “ The Collapse is Avoidable ” edited by “Octaedro“, written by Ramon Sans, Vicepresident of CMES, in collaboration with Elisa Apulia, has sparket the interest of the “ Institute for Energy and Transport (IET) ” of the European Commission.
Therefore CMES has received, from said agency, a formal invitation for travel to the Head Offices of the EIT in the Netherlands, where Ramon Sans CMES and Carles Riba president, author of the book “ Energy Resources and Crisis ” crisis, also published by “ Octahedron “, will expose their research and findings.
The Institute for Energy and Transport (IET) provides scientific and technical support on energy policy makers in the European Union (EU), with special emphasis to the security of energy supply and to more sustainable, safer and cleaner energy production and use for the future.
The IET is one of the seven institutes of the “ Joint Research Centre ” (JRC) of the European Commission. The JRC is a reference center of science and technology for the EU, and counsel for the policies formulation, serving the common interest of the Member States, being independent of special interests, whether commercial or domestic.
The EIT is based both in Petten (Netherlands) and Ispra (Italy), and has a multidisciplinary team of more than 300 academic, technical and support staff.
CMES appreciate the IET interest for our proposals, and are glad that energy transition proposals as TE21will be studied independently and transmitted to both society and the political bodies, as it was CMES foundational interest.
We hope to publish in the near future the results of this experience.
Recent press articles report that the government has approved the payment of 1350 million to the promoter of the submarine off-shore gas storage project known as Castor project, placed on Vinaròs, Castellón. This payment is a compensation for the closure of the project because the first injecting gas tests to the submarine deposits have produced over 500 earthquakes in the region during September 2013. These 1350 million are financed from an additional increase of the gas consumers bill for the next 30 years, thus making even more expensive the cost of energy in Spain, as public compensation for wrong private company investment.
What exactly Castor project?
The project proposes the use of exhausted marine oil wells, located off-shore in front of Castellón, as a gas storage. The technique involves injecting gas in underground geologic deposits, but the gas (unlike oil) can be compressed, so if the pressure increases more gas can be introduced into these deposits. These deposits would have an enormous capacity and serve, along with the paralyzed gas storage project projected under the Doñana National Park, to convert Spain in a gas supplier to Europe as an alternative to Russian gas. Because Spain does not have its own gas reserves, the stored gas will be imported mainly from Algeria and thereafter stored in these deposits and then distributed to Europe, as published in the following article.
Over the last decades, renewable energies have matured, and its operating costs have been reduced.
At the same time the most profitable non-renewable energy sites have been depleted, and therefore its operating costs have increased. This trend is accelerating, and lead us to a tipping point, where the non-renewable energy becomes more expensive than renewable energy, thus eliminating the final barrier to its widespread implementation.
In a fascinating article, Chris Nelder (energy analyst and consultant) presents evidence that this tipping point has been reached, and the large non-renewable energy companies hegemony is about to wane.
As always we invite you to read this article.