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Energy Development Corporation

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Energy Development Corporation (or simply EDC ) is the largest producer of geothermal energy in the Philippines and the second largest in the world. It is involved in alternative energy projects, including geothermal , hydroelectric and wind energy projects. The company was formerly owned by the Philippine National Oil Company , a state corporation owned by the Republic of the Philippines engaged in the exploration of resources, production of energy and distribution of power supply to smaller electricity distributor. EDC was privatized and acquired by the Lopez Group as part of its energy and power supply utility business units.

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102-576: With over 40 years of pioneering sustainable practices, it is the Philippines’ leading 100% renewable energy producer with an installed capacity of 1,499.14 MW that accounts for 20% of the country’s total installed RE capacity. With several geothermal power plants in the Philippines (including in Bicol, Leyte, Negros Island, and Mindanao), Energy Development Corporation provides 62% (or 1,200 MW) of

204-401: A human timescale . The most widely used renewable energy types are solar energy , wind power , and hydropower . Bioenergy and geothermal power are also significant in some countries. Some also consider nuclear power a renewable power source , although this is controversial. Renewable energy installations can be large or small and are suited for both urban and rural areas. Renewable energy

306-611: A steam turbine , which drives a generator, which is then fed to the propulsion. See Nuclear marine propulsion . A few experimental vehicles, such as some cars and a handful of aircraft use solar panels for electricity. These systems are powered from an external generator plant (nearly always when stationary), and then disconnected before motion occurs, and the electricity is stored in the vehicle until needed. Batteries, electric double-layer capacitors and flywheel energy storage are forms of rechargeable on-board electricity storage systems. By avoiding an intermediate mechanical step,

408-461: A 100 kW internal combustion engine, which can only deliver its maximum torque within a limited range of engine speed. Efficiency of charging varies considerably depending on the type of charger, and energy is lost during the process of converting the electrical energy to mechanical energy. Usually, direct current (DC) electricity is fed into a DC/AC inverter where it is converted to alternating current (AC) electricity and this AC electricity

510-463: A faster rate than they are consumed". Solar power , wind power , hydroelectricity , geothermal energy, and biomass are widely agreed to be the main types of renewable energy. Renewable energy often displaces conventional fuels in four areas: electricity generation , hot water / space heating , transportation , and rural (off-grid) energy services. Although almost all forms of renewable energy cause much fewer carbon emissions than fossil fuels,

612-437: A given time. Solar energy can only be captured during the day, and ideally in cloudless conditions. Wind power generation can vary significantly not only day-to-day, but even month-to-month. This poses a challenge when transitioning away from fossil fuels: energy demand will often be higher or lower than what renewables can provide. Both scenarios can cause electricity grids to become overloaded, leading to power outages . In

714-467: A heavy internal combustion engine or large batteries, they can have very good power-to-weight ratios . This allows high speed trains such as France's double-deck TGVs to operate at speeds of 320 km/h (200 mph) or higher, and electric locomotives to have a much higher power output than diesel locomotives . In addition, they have higher short-term surge power for fast acceleration, and using regenerative brakes can put braking power back into

816-554: A hybrid electric vehicle can combine the power from an electric motor and the internal combustion engine. The most common type is a parallel hybrid that connects the engine and the electric motor to the wheels through mechanical coupling. In this scenario, the electric motor and the engine can drive the wheels directly. Series hybrids only use the electric motor to drive the wheels and can often be referred to as extended-range electric vehicles (EREVs) or range-extended electric vehicles (REEVs). There are also series-parallel hybrids where

918-952: A large portion of the total, such as Kenya (43%) and Indonesia (5%). Technical advances may eventually make geothermal power more widely available. For example, enhanced geothermal systems involve drilling around 10 kilometres (6.2 mi) into the Earth, breaking apart hot rocks and extracting the heat using water. In theory, this type of geothermal energy extraction could be done anywhere on Earth. There are also other renewable energy technologies that are still under development, including enhanced geothermal systems , concentrated solar power , cellulosic ethanol , and marine energy . These technologies are not yet widely demonstrated or have limited commercialization. Some may have potential comparable to other renewable energy technologies, but still depend on further breakthroughs from research, development and engineering. Enhanced geothermal systems (EGS) are

1020-839: A level of quietness, comfort and ease of operation that could not be achieved by the gasoline engine cars of the time, but range anxiety due to the limited energy storage offered by contemporary battery technologies hindered any mass adoption of private electric vehicles throughout the 20th century. Internal combustion engines (both gasoline and diesel engines ) were the dominant propulsion mechanisms for cars and trucks for about 100 years, but electricity-powered locomotion remained commonplace in other vehicle types, such as overhead line -powered mass transit vehicles like electric trains , trams , monorails and trolley buses , as well as various small, low-speed, short-range battery-powered personal vehicles such as mobility scooters . Hybrid electric vehicles , where electric motors are used as

1122-638: A more energy-dense biofuel like ethanol. Wood is the most significant biomass energy source as of 2012 and is usually sourced from a trees cleared for silvicultural reasons or fire prevention . Municipal wood waste – for instance, construction materials or sawdust – is also often burned for energy. The biggest per-capita producers of wood-based bioenergy are heavily forested countries like Finland, Sweden, Estonia, Austria, and Denmark. Bioenergy can be environmentally destructive if old-growth forests are cleared to make way for crop production. In particular, demand for palm oil to produce biodiesel has contributed to

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1224-506: A new type of geothermal power which does not require natural hot water reservoirs or steam to generate power. Most of the underground heat within drilling reach is trapped in solid rocks, not in water. EGS technologies use hydraulic fracturing to break apart these rocks and release the heat they contain, which is then harvested by pumping water into the ground. The process is sometimes known as "hot dry rock" (HDR). Unlike conventional geothermal energy extraction, EGS may be feasible anywhere in

1326-613: A number of Mini EVs when their Canadian testing ended. The production of the Citroën Berlingo Electrique stopped in September 2005. Zenn started production in 2006 but ended by 2009. During the late 20th and early 21st century, the environmental impact of the petroleum-based transportation infrastructure, along with the fear of peak oil , led to renewed interest in electric transportation infrastructure. EVs differ from fossil fuel -powered vehicles in that

1428-402: A patent for this type of battery was held by Chevron, which created a problem for their widespread development. These factors, coupled with their high cost, has led to lithium-ion batteries leading as the predominant battery for EVs. The prices of lithium-ion batteries have declined dramatically over the past decade, contributing to a reduction in price for electric vehicles, but an increase in

1530-486: A rail line makes it relatively easy to power EVs through permanent overhead lines or electrified third rails , eliminating the need for heavy onboard batteries. Electric locomotives , electric multiple units , electric trams (also called streetcars or trolleys), electric light rail systems , and electric rapid transit are all in common use today, especially in Europe and Asia. Since electric trains do not need to carry

1632-409: A range of construction strategies and technologies that aim to optimize the distribution of solar heat in a building. Examples include solar chimneys , orienting a building to the sun, using construction materials that can store heat , and designing spaces that naturally circulate air . From 2020 to 2022, solar technology investments almost doubled from USD 162 billion to USD 308 billion, driven by

1734-560: A speed of four miles per hour (6 km/h). In England, a patent was granted in 1840 for the use of rails as conductors of electric current, and similar American patents were issued to Lilley and Colten in 1847. The first mass-produced electric vehicles appeared in America in the early 1900s. In 1902, the Studebaker Automobile Company entered the automotive business with electric vehicles, though it also entered

1836-502: A supplementary propulsion to internal combustion engines, became more widespread in the late 1990s. Plug-in hybrid electric vehicles , where electric motors can be used as the predominant propulsion rather than a supplement, did not see any mass production until the late 2000s, and battery electric cars did not become practical options for the consumer market until the 2010s. Progress in batteries , electric motors and power electronics have made electric cars more feasible than during

1938-702: A variety of environmental conditions and perform more efficiently allowing a greater proportion of photon energy to end up in the storage compounds, i.e., carbohydrates (rather than building and sustaining living cells). However, prominent research faces hurdles, Sun Catalytix a MIT spin-off stopped scaling up their prototype fuel-cell in 2012 because it offers few savings over other ways to make hydrogen from sunlight. Most new renewables are solar, followed by wind then hydro then bioenergy. Investment in renewables, especially solar, tends to be more effective in creating jobs than coal, gas or oil. Worldwide, renewables employ about 12 million people as of 2020, with solar PV being

2040-528: A women's luxury car, which may have been a stigma among male consumers. Also, internal combustion powered cars became ever-easier to operate thanks to the invention of the electric starter by Charles Kettering in 1912, which eliminated the need of a hand crank for starting a gasoline engine, and the noise emitted by ICE cars became more bearable thanks to the use of the muffler , which Hiram Percy Maxim had invented in 1897. As roads were improved outside urban areas, electric vehicle range could not compete with

2142-456: Is thermal energy (heat) extracted from the Earth's crust . It originates from several different sources , of which the most significant is slow radioactive decay of minerals contained in the Earth's interior , as well as some leftover heat from the formation of the Earth . Some of the heat is generated near the Earth's surface in the crust, but some also flows from deep within the Earth from

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2244-471: Is a more economical means of long-term renewable energy storage, in terms of capital expenditures compared to pumped hydroelectric or batteries. Solar power produced around 1.3 terrawatt-hours (TWh) worldwide in 2022, representing 4.6% of the world's electricity. Almost all of this growth has happened since 2010. Solar energy can be harnessed anywhere that receives sunlight; however, the amount of solar energy that can be harnessed for electricity generation

2346-537: Is a technology for generating electricity by mixing fresh water and salty sea water in large power cells. Most marine energy harvesting technologies are still at low technology readiness levels and not used at large scales. Tidal energy is generally considered the most mature, but has not seen wide deployment. The world's largest tidal power station is on Sihwa Lake , South Korea, which produces around 550 gigawatt-hours of electricity per year. Earth emits roughly 10 W of infrared thermal radiation that flows toward

2448-419: Is about 800 times denser than air , even a slow flowing stream of water, or moderate sea swell , can yield considerable amounts of energy. Water can generate electricity with a conversion efficiency of about 90%, which is the highest rate in renewable energy. There are many forms of water energy: Much hydropower is flexible, thus complementing wind and solar. In 2021, the world renewable hydropower capacity

2550-525: Is common in Iceland, or to generate electricity. At smaller scales, geothermal power can be generated with geothermal heat pumps , which can extract heat from ground temperatures of under 30 °C (86 °F), allowing them to be used at relatively shallow depths of a few meters. Electricity generation requires large plants and ground temperatures of at least 150 °C (302 °F). In some countries, electricity produced from geothermal energy accounts for

2652-655: Is connected to a 3-phase AC motor. For electric trains, forklift trucks , and some electric cars, DC motors are often used. In some cases, universal motors are used, and then AC or DC may be employed. In recent production vehicles, various motor types have been implemented; for instance, induction motors within Tesla Motor vehicles and permanent magnet machines in the Nissan Leaf and Chevrolet Bolt . Most large electric transport systems are powered by stationary sources of electricity that are directly connected to

2754-401: Is enough fuel for breeder reactors to satisfy the world's energy needs for 5 billion years at 1983's total energy consumption rate, thus making nuclear energy effectively a renewable energy. In addition to seawater the average crustal granite rocks contain significant quantities of uranium and thorium with which breeder reactors can supply abundant energy for the remaining lifespan of the sun on

2856-613: Is expected to generate approximately 233 GWh annually and power over a million households. It will augment the Luzon grid’s dependable capacity which needs an additional 4,200 MW in the next ten years due to the projected 4.5% annual increase in electricity demand. EDC has recently embarked on a new mission to forge collaborative pathways for a regenerative future. Part of this mission is to ensure that alternative energy resources are accessible to those who want it. In fact, Energy Development Corporation’s subsidiary, Bacman Geothermal, Inc. (BGI),

2958-518: Is influenced by weather conditions , geographic location and time of day. There are two mainstream ways of harnessing solar energy: solar thermal , which converts solar energy into heat; and photovoltaics (PV), which converts it into electricity. PV is far more widespread, accounting for around two thirds of the global solar energy capacity as of 2022. It is also growing at a much faster rate, with 170 GW newly installed capacity in 2021, compared to 25 GW of solar thermal. Passive solar refers to

3060-460: Is more valuable than VRE countries with large hydroelectric developments such as Canada and Norway are spending billions to expand their grids to trade with neighboring countries having limited hydro. Biomass is biological material derived from living, or recently living organisms. Most commonly, it refers to plants or plant-derived materials. As an energy source, biomass can either be used directly via combustion to produce heat, or converted to

3162-596: Is not possible to use or store excess electricity. Electrical energy storage is a collection of methods used to store electrical energy. Electrical energy is stored during times when production (especially from intermittent sources such as wind power , tidal power , solar power ) exceeds consumption, and returned to the grid when production falls below consumption. Pumped-storage hydroelectricity accounts for more than 85% of all grid power storage . Batteries are increasingly being deployed for storage and grid ancillary services and for domestic storage. Green hydrogen

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3264-520: Is often associated with unsustainable deforestation . As part of the global effort to limit climate change , most countries have committed to net zero greenhouse gas emissions . In practice, this means phasing out fossil fuels and replacing them with low-emissions energy sources. This much needed process, coined as "low-carbon substitutions" in contrast to other transition processes including energy additions, needs to be accelerated multiple times in order to successfully mitigating climate change. At

3366-501: Is often deployed together with further electrification . This has several benefits: electricity can move heat and vehicles efficiently and is clean at the point of consumption. Variable renewable energy sources are those that have a fluctuating nature, such as wind power and solar power. In contrast, controllable renewable energy sources include dammed hydroelectricity , bioenergy , or geothermal power . Renewable energy systems have rapidly become more efficient and cheaper over

3468-427: Is only viable if the system is large enough to use the power generated by descending vehicles. In the systems above, motion is provided by a rotary electric motor. However, it is possible to "unroll" the motor to drive directly against a special matched track. These linear motors are used in maglev trains which float above the rails supported by magnetic levitation . This allows for almost no rolling resistance of

3570-404: Is powered exclusively through electric motors. The electricity may come from a battery ( battery electric vehicle ), solar panel ( solar vehicle ) or fuel cell ( fuel cell vehicle ). A hybrid electric vehicle (HEV) is a type of hybrid vehicle that combines a conventional internal combustion engine (ICE) system with an electric propulsion system ( hybrid vehicle drivetrain ). The presence of

3672-502: Is powered fully or mostly by electricity. EVs include road and rail vehicles , electric boats and underwater vessels , electric aircraft and electric spacecraft . Early electric vehicles first came into existence in the late 19th century, when the Second Industrial Revolution brought forth electrification . Using electricity was among the preferred methods for motor vehicle propulsion as it provides

3774-477: Is that the heated water can be stored until it is needed, eliminating the need for a separate energy storage system. Solar thermal power can also be converted to electricity by using the steam generated from the heated water to drive a turbine connected to a generator. However, because generating electricity this way is much more expensive than photovoltaic power plants, there are very few in use today. Humans have harnessed wind energy since at least 3500 BC. Until

3876-662: Is to slow and eventually stop climate change , which is widely agreed to be caused mostly by greenhouse gas emissions . In general, renewable energy sources cause much lower emissions than fossil fuels. The International Energy Agency estimates that to achieve net zero emissions by 2050, 90% of global electricity generation will need to be produced from renewable sources. Renewables also cause much less air pollution than fossil fuels, improving public health, and are less noisy . The deployment of renewable energy still faces obstacles, especially fossil fuel subsidies , lobbying by incumbent power providers, and local opposition to

3978-494: Is used only to supplement battery charging and not as the primary source of power. On-road electric vehicles include electric cars, electric trolleybuses, electric buses , battery electric buses , electric trucks , electric bicycles , electric motorcycles and scooters , personal transporters , neighborhood electric vehicles , golf carts , milk floats , and forklifts . Off-road vehicles include electrified all-terrain vehicles and electric tractors . The fixed nature of

4080-463: The 2023 United Nations Climate Change Conference , around three-quarters of the world's countries set a goal of tripling renewable energy capacity by 2030. The European Union aims to generate 40% of its electricity from renewables by the same year. Renewable energy is more evenly distributed around the world than fossil fuels, which are concentrated in a limited number of countries. It also brings health benefits by reducing air pollution caused by

4182-494: The NASA Office of Science and Technology Policy examined the concept and concluded that with current and near-future technologies it would be economically uncompetitive. Collection of static electricity charges from water droplets on metal surfaces is an experimental technology that would be especially useful in low-income countries with relative air humidity over 60%. Breeder reactors could, in principle, depending on

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4284-581: The University of Groningen , in the Netherlands , built a small-scale electric car, and sometime between 1832 and 1839, Robert Anderson of Scotland invented the first crude electric carriage, powered by non-rechargeable primary cells . American blacksmith and inventor Thomas Davenport built a toy electric locomotive, powered by a primitive electric motor, in 1835. In 1838, a Scotsman named Robert Davidson built an electric locomotive that attained

4386-413: The electrical grid rather than wasting it. Maglev trains are also nearly always EVs. There are also battery electric passenger trains operating on non-electrified rail lines. Electric boats were popular around the turn of the 20th century. Interest in quiet and potentially renewable marine transportation has steadily increased since the late 20th century, as solar cells have given motorboats

4488-681: The energy conversion efficiency can be improved compared to hybrids by avoiding unnecessary energy conversions. Furthermore, electro-chemical batteries conversions are reversible, allowing electrical energy to be stored in chemical form. Most electric vehicles use lithium-ion batteries (Li-Ions or LIBs). Lithium-ion batteries have a higher energy density , longer life span , and higher power density than most other practical batteries. Complicating factors include safety, durability, thermal breakdown, environmental impact , and cost . Li-ion batteries should be used within safe temperature and voltage ranges to operate safely and efficiently. Increasing

4590-514: The mantle and core . Geothermal energy extraction is viable mostly in countries located on tectonic plate edges, where the Earth's hot mantle is more exposed. As of 2023, the United States has by far the most geothermal capacity (2.7 GW, or less than 0.2% of the country's total energy capacity ), followed by Indonesia and the Philippines. Global capacity in 2022 was 15 GW. Geothermal energy can be either used directly to heat homes, as

4692-531: The 20th century, electric rail transport became commonplace due to advances in the development of electric locomotives . Over time their general-purpose commercial use reduced to specialist roles as platform trucks , forklift trucks , ambulances, tow tractors, and urban delivery vehicles, such as the iconic British milk float . For most of the 20th century, the UK was the world's largest user of electric road vehicles. Electrified trains were used for coal transport, as

4794-400: The 20th century, it was primarily used to power ships, windmills and water pumps. Today, the vast majority of wind power is used to generate electricity using wind turbines. Modern utility-scale wind turbines range from around 600 kW to 9 MW of rated power. The power available from the wind is a function of the cube of the wind speed, so as wind speed increases, power output increases up to

4896-459: The 20th century. As a means of reducing tailpipe emissions of carbon dioxide and other pollutants, and to reduce use of fossil fuels, government incentives are available in many areas to promote the adoption of electric cars and trucks. Electric motive power started in 1827 when Hungarian priest Ányos Jedlik built the first crude but viable electric motor; the next year he used it to power a small model car. In 1835, Professor Sibrandus Stratingh of

4998-737: The Certificate of Confirmation of Commerciality in favor of EDC’s wind project in Burgos, Ilocos Norte under EDC Burgos Wind Power Corporation (EBWPC). The DoE certificate, the first to be issued by the DoE for a wind project, confirmed the Declaration of Commerciality for EBWPC to develop, operate, and maintain a feasible and viable 87 MW wind power project. The certification converts the Burgos wind farm’s Wind Energy Service Contract issued in 2009 from

5100-487: The ICE. Finally, the initiation of mass production of gasoline-powered vehicles by Henry Ford in 1913 reduced significantly the cost of gasoline cars as compared to electric cars. In the 1930s, National City Lines , which was a partnership of General Motors , Firestone , and Standard Oil of California purchased many electric tram networks across the country to dismantle them and replace them with GM buses. The partnership

5202-405: The battery's lifespan decreases effective costs and environmental impact. One technique is to operate a subset of the battery cells at a time and switching these subsets. In the past, nickel–metal hydride batteries were used in some electric cars, such as those made by General Motors. These battery types are considered outdated due to their tendencies to self-discharge in the heat. Furthermore,

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5304-401: The beginnings of aviation, electric power for aircraft has received a great deal of experimentation. Currently, flying electric aircraft include piloted and unpiloted aerial vehicles. Electric power has a long history of use in spacecraft . The power sources used for spacecraft are batteries, solar panels and nuclear power. Current methods of propelling a spacecraft with electricity include

5406-446: The burning of fossil fuels. The potential worldwide savings in health care costs have been estimated at trillions of dollars annually. The two most important forms of renewable energy, solar and wind, are intermittent energy sources : they are not available constantly, resulting in lower capacity factors . In contrast, fossil fuel power plants are usually able to produce precisely the amount of energy an electricity grid requires at

5508-778: The cold outer space. Solar energy hits the surface and atmosphere of the earth and produces heat. Using various theorized devices like emissive energy harvester (EEH) or thermoradiative diode, this energy flow can be converted into electricity. In theory, this technology can be used during nighttime. Producing liquid fuels from oil-rich (fat-rich) varieties of algae is an ongoing research topic. Various microalgae grown in open or closed systems are being tried including some systems that can be set up in brownfield and desert lands. There have been numerous proposals for space-based solar power , in which very large satellites with photovoltaic panels would be equipped with microwave transmitters to beam power back to terrestrial receivers. A 2024 study by

5610-696: The country’s total installed geothermal capacity. EDC used to be a subsidiary of Philippine National Oil Company. It was privatized and sold to First Philippine Holdings Corporation , a Lopez-owned and controlled corporation involved in energy and power supply generation business. In 2013, the company registered consolidated net income attributable to equity holders of the parent of P4.740 billion, lower by 47% than P9.002 billion in 2012. Consolidated revenues decreased by 10% year-on-year to P25.656 billion from P28.369 billion. The attributable net income in 2013 represented 18.5% of total revenue, compared to 31.7% in 2012. Recurring net income attributable to equity holders of

5712-554: The crops used to produce bioethanol and biodiesel are grown specifically for this purpose, although used cooking oil accounted for 14% of the oil used to produce biodiesel as of 2015. The biomass used to produce biofuels varies by region. Maize is the major feedstock in the United States, while sugarcane dominates in Brazil. In the European Union, where biodiesel is more common than bioethanol, rapeseed oil and palm oil are

5814-412: The deforestation of tropical rainforests in Brazil and Indonesia. In addition, burning biomass still produces carbon emissions, although much less than fossil fuels (39 grams of CO 2 per megajoule of energy, compared to 75 g/MJ for fossil fuels). Some biomass sources are unsustainable at current rates of exploitation (as of 2017). Biofuels are primarily used in transportation, providing 3.5% of

5916-485: The deployment and adoption of this technology. Ford released a number of their Ford Ecostar delivery vans into the market. Honda, Nissan and Toyota also repossessed and crushed most of their EVs, which, like the GM EV1s, had been available only by closed-end lease. After public protests, Toyota sold 200 of its RAV4 EVs ; they later sold at over their original forty-thousand-dollar price. Later, BMW of Canada sold off

6018-550: The early 1900s. They were produced by Baker Electric , Columbia Electric , Detroit Electric , and others, and at one point in history outsold gasoline-powered vehicles. In 1900, 28 percent of the cars on the road in the US were electric. EVs were so popular that even President Woodrow Wilson and his secret service agents toured Washington, D.C., in their Milburn Electrics, which covered 60–70 miles (100–110 km) per charge. Most producers of passenger cars opted for gasoline cars in

6120-437: The electric powertrain is intended to achieve either better fuel economy than a conventional vehicle or better performance. There is a variety of HEV types and the degree to which each functions as an electric vehicle (EV) also varies. The most common form of HEV is the hybrid electric car, although hybrid electric trucks (pickups and tractors), buses, boats, tow trucks, and aircraft also exist. There are different ways that

6222-495: The electricity they consume can be generated from a wide range of sources, including fossil fuels , nuclear power , and renewables such as solar power and wind power , or any combination of those. Recent advancements in battery technology and charging infrastructure have addressed many of the earlier barriers to EV adoption, making electric vehicles a more viable option for a wider range of consumers. The carbon footprint and other emissions of electric vehicles vary depending on

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6324-513: The expiration of GM's EV1 leases, GM discontinued them. The discontinuation has variously been attributed to: A movie made on the subject in 2005–2006 was titled Who Killed the Electric Car? and released theatrically by Sony Pictures Classics in 2006. The film explores the roles of automobile manufacturers , oil industry , the U.S. government , batteries , hydrogen vehicles , and the general public, and each of their roles in limiting

6426-604: The exploration/pre-development to development/commercial stage. EDC broke ground in April 2013, after selecting Vestas of Denmark , the world’s largest wind turbine manufacturer, as supplier of the 29 V90-3.0 MW wind turbines. The total cost of the Burgos Wind Farm will be approximately $ 300 million covering the costs of the wind farm, substation, and transmission line. Once operational, the Burgos Wind Farm

6528-585: The fastest-growing renewable energy technology. It is cheap, low-maintenance and scalable; adding to an existing PV installation as demanded arises is simple. Its main disadvantage is its poor performance in cloudy weather. PV systems range from small, residential and commercial rooftop or building integrated installations, to large utility-scale photovoltaic power station . A household's solar panels can either be used for just that household or, if connected to an electrical grid, can be aggregated with millions of others. The first utility-scale solar power plant

6630-606: The first decade of the 20th century, but electric trucks were an established niche well into the 1920s. A number of developments contributed to a decline in the popularity of electric cars. Improved road infrastructure required a greater range than that offered by electric cars, and the discovery of large reserves of petroleum in Texas, Oklahoma, and California led to the wide availability of affordable gasoline/petrol, making internal combustion powered cars cheaper to operate over long distances. Electric vehicles were seldom marketed as

6732-474: The fuel and technology used for electricity generation . The electricity may be stored in the vehicle using a battery, flywheel, or supercapacitors . Vehicles using internal combustion engines usually only derive their energy from a single or a few sources, usually non-renewable fossil fuels. A key advantage of electric vehicles is regenerative braking , which recovers kinetic energy , typically lost during friction braking as heat, as electricity restored to

6834-548: The fuel cycle employed, extract almost all of the energy contained in uranium or thorium , decreasing fuel requirements by a factor of 100 compared to widely used once-through light water reactors , which extract less than 1% of the energy in the actinide metal (uranium or thorium) mined from the earth. The high fuel-efficiency of breeder reactors could greatly reduce concerns about fuel supply, energy used in mining, and storage of radioactive waste . With seawater uranium extraction (currently too expensive to be economical), there

6936-409: The gasoline vehicles market in 1904. However, with the advent of cheap assembly line cars by Ford Motor Company , the popularity of electric cars declined significantly. Due to lack of electricity grids and the limitations of storage batteries at that time, electric cars did not gain much popularity; however, electric trains gained immense popularity due to their economies and achievable speeds. By

7038-691: The horizontal axis units currently in use. As offshore wind speeds average ~90% greater than that of land, offshore resources can contribute substantially more energy than land-stationed turbines. Investments in wind technologies reached USD 161 billion in 2020, with onshore wind dominating at 80% of total investments from 2013 to 2022. Offshore wind investments nearly doubled to USD 41 billion between 2019 and 2020, primarily due to policy incentives in China and expansion in Europe. Global wind capacity increased by 557 GW between 2013 and 2021, with capacity additions increasing by an average of 19% each year. Since water

7140-562: The infinite range of sailboats . Electric motors can and have also been used in sailboats instead of traditional diesel engines. Electric ferries operate routinely. Submarines use batteries (charged by diesel or gasoline engines at the surface), nuclear power, fuel cells or Stirling engines to run electric motor-driven propellers. Fully electric tugboats are being used in Auckland, New Zealand (June 2022), Vancouver, British Columbia (October 2023), and San Diego, California. Since

7242-408: The main feedstocks. China, although it produces comparatively much less biofuel, uses mostly corn and wheat. In many countries, biofuels are either subsidized or mandated to be included in fuel mixtures . There are many other sources of bioenergy that are more niche, or not yet viable at large scales. For instance, bioethanol could be produced from the cellulosic parts of crops, rather than only

7344-504: The main sequence of stellar evolution. Artificial photosynthesis uses techniques including nanotechnology to store solar electromagnetic energy in chemical bonds by splitting water to produce hydrogen and then using carbon dioxide to make methanol. Researchers in this field strived to design molecular mimics of photosynthesis that use a wider region of the solar spectrum, employ catalytic systems made from abundant, inexpensive materials that are robust, readily repaired, non-toxic, stable in

7446-408: The maximum output for the particular turbine. Areas where winds are stronger and more constant, such as offshore and high-altitude sites, are preferred locations for wind farms. Wind-generated electricity met nearly 4% of global electricity demand in 2015, with nearly 63 GW of new wind power capacity installed. Wind energy was the leading source of new capacity in Europe, the US and Canada, and

7548-472: The medium-term, this variability may require keeping some gas-fired power plants or other dispatchable generation on standby until there is enough energy storage, demand response , grid improvement, and/or baseload power from non-intermittent sources. In the long-term, energy storage is an important way of dealing with intermittency. Using diversified renewable energy sources and smart grids can also help flatten supply and demand. Sector coupling of

7650-519: The motors did not use the valuable oxygen in the mines. Switzerland's lack of natural fossil resources forced the rapid electrification of their rail network . One of the earliest rechargeable batteries  – the nickel-iron battery  – was favored by Edison for use in electric cars. EVs were among the earliest automobiles, and before the preeminence of light, powerful internal combustion engines (ICEs), electric automobiles held many vehicle land speed and distance records in

7752-412: The on-board battery. There are many ways to generate electricity, of varying costs, efficiency and ecological desirability. It is also possible to have hybrid EVs that derive electricity from multiple sources, such as: For especially large EVs, such as submarines , the chemical energy of the diesel–electric can be replaced by a nuclear reactor . The nuclear reactor usually provides heat, which drives

7854-639: The parent decreased by 23% to P6.565 billion from P8.522 billion. EDC booked a P1.261 billion foreign exchange loss due to the depreciation of the peso against the dollar in 2013, compared to a P1.054 billion foreign exchange gain in 2012 when the peso was stronger. EDC recorded a P625 million loss on damaged assets due to Typhoon Yolanda and a P575 million loss on impairment of exploration and evaluation assets in relation to its Cabalian Project in Southern Leyte . The Department of Energy issued in May 2013

7956-479: The past 30 years. A large majority of worldwide newly installed electricity capacity is now renewable. Renewable energy sources, such as solar and wind power, have seen significant cost reductions over the past decade, making them more competitive with traditional fossil fuels. In most countries, photovoltaic solar or onshore wind are the cheapest new-build electricity. From 2011 to 2021, renewable energy grew from 20% to 28% of global electricity supply. Power from

8058-571: The power generation sector with other sectors may increase flexibility: for example the transport sector can be coupled by charging electric vehicles and sending electricity from vehicle to grid . Similarly the industry sector can be coupled by hydrogen produced by electrolysis, and the buildings sector by thermal energy storage for space heating and cooling. Building overcapacity for wind and solar generation can help ensure sufficient electricity production even during poor weather. In optimal weather, it may be necessary to curtail energy generation if it

8160-413: The price of critical minerals such as lithium from 2021 to the end of 2022 has put pressure on historical battery price decreases. The power of a vehicle's electric motor , as in other machines, is measured in kilowatts (kW). Electric motors can deliver their maximum torque over a wide RPM range. This means that the performance of a vehicle with a 100 kW electric motor exceeds that of a vehicle with

8262-488: The primary challenges for new developments. It is popular to repower old dams thereby increasing their efficiency and capacity as well as quicker responsiveness on the grid. Where circumstances permit existing dams such as the Russell Dam built in 1985 may be updated with "pump back" facilities for pumped-storage which is useful for peak loads or to support intermittent wind and solar power. Because dispatchable power

8364-407: The renewable energy sector. Globally in 2020 there are over 10 million jobs associated with the renewable energy industries, with solar photovoltaics being the largest renewable employer. The clean energy sectors added about 4.7 million jobs globally between 2019 and 2022, totaling 35 million jobs by 2022. Electric vehicle An electric vehicle ( EV ) is a vehicle whose propulsion

8466-585: The second largest in China. In Denmark, wind energy met more than 40% of its electricity demand while Ireland, Portugal and Spain each met nearly 20%. Globally, the long-term technical potential of wind energy is believed to be five times total current global energy production, or 40 times current electricity demand, assuming all practical barriers needed were overcome. This would require wind turbines to be installed over large areas, particularly in areas of higher wind resources, such as offshore, and likely also industrial use of new types of VAWT turbines in addition to

8568-527: The sector's increasing maturity and cost reductions, particularly in solar photovoltaic (PV), which accounted for 90% of total investments. China and the United States were the main recipients, collectively making up about half of all solar investments since 2013. Despite reductions in Japan and India due to policy changes and COVID-19 , growth in China, the United States, and a significant increase from Vietnam's feed-in tariff program offset these declines. Globally,

8670-418: The seed as is common today. Sweet sorghum may be a promising alternative source of bioethanol, due to its tolerance of a wide range of climates. Cow dung can be converted into methane. There is also a great deal of research involving algal fuel , which is attractive because algae is a non-food resource, grows around 20 times faster than most food crops, and can be grown almost anywhere. Geothermal energy

8772-451: The solar sector added 714 gigawatts (GW) of solar PV and concentrated solar power (CSP) capacity between 2013 and 2021, with a notable rise in large-scale solar heating installations in 2021, especially in China, Europe, Turkey, and Mexico. A photovoltaic system , consisting of solar cells assembled into panels , converts light into electrical direct current via the photoelectric effect . PV has several advantages that make it by far

8874-513: The sun and wind accounted for most of this increase, growing from a combined 2% to 10%. Use of fossil energy shrank from 68% to 62%. In 2022, renewables accounted for 30% of global electricity generation and are projected to reach over 42% by 2028. Many countries already have renewables contributing more than 20% of their total energy supply, with some generating over half or even all their electricity from renewable sources. The main motivation to replace fossil fuels with renewable energy sources

8976-468: The technology employing the most at almost 4 million. However, as of February 2024, the world's supply of workforce for solar energy is lagging greatly behind demand as universities worldwide still produce more workforce for fossil fuels than for renewable energy industries. In 2021, China accounted for almost half of the global increase in renewable electricity. There are 3,146 gigawatts installed in 135 countries, while 156 countries have laws regulating

9078-407: The ten biggest solar power stations are in China, including the biggest, Golmud Solar Park in China. Unlike photovoltaic cells that convert sunlight directly into electricity, solar thermal systems convert it into heat. They use mirrors or lenses to concentrate sunlight onto a receiver, which in turn heats a water reservoir. The heated water can then be used in homes. The advantage of solar thermal

9180-501: The term is not synonymous with low-carbon energy . Some non-renewable sources of energy, such as nuclear power , generate almost no emissions, while some renewable energy sources can be very carbon-intensive, such as the burning of biomass if it is not offset by planting new plants. Renewable energy is also distinct from sustainable energy , a more abstract concept that seeks to group energy sources based on their overall permanent impact on future generations of humans. For example, biomass

9282-675: The use of gasoline. In January 1990, General Motors President introduced its EV concept two-seater, the "Impact", at the Los Angeles Auto Show. That September, the California Air Resources Board mandated major-automaker sales of EVs, in phases starting in 1998. From 1996 to 1998 GM produced 1117 EV1s , 800 of which were made available through three-year leases. Chrysler , Ford, GM, Honda , and Toyota also produced limited numbers of EVs for California drivers during this time period. In 2003, upon

9384-484: The use of land for renewable installations. Like all mining, the extraction of minerals required for many renewable energy technologies also results in environmental damage . In addition, although most renewable energy sources are sustainable , some are not. Renewable energy is usually understood as energy harnessed from continuously occurring natural phenomena. The International Energy Agency defines it as "energy derived from natural processes that are replenished at

9486-423: The vehicle and no mechanical wear and tear of the train or track. In addition to the high-performance control systems needed, switching and curving of the tracks becomes difficult with linear motors, which to date has restricted their operations to high-speed point to point services. It is generally possible to equip any kind of vehicle with an electric power-train. A pure-electric vehicle or all-electric vehicle

9588-502: The vehicle can be powered by the engine working alone, the electric motor on its own, or by both working together; this is designed so that the engine can run at its optimum range as often as possible. A plug-in electric vehicle (PEV) is any motor vehicle that can be recharged from any external source of electricity, such as wall sockets , and the electricity stored in the Rechargeable battery packs drives or contributes to drive

9690-442: The vehicles through wires. Electric traction allows the use of regenerative braking , in which the motors are used as brakes and become generators that transform the motion of, usually, a train into electrical power that is then fed back into the lines. This system is particularly advantageous in mountainous operations, as descending vehicles can produce a large portion of the power required for those ascending. This regenerative system

9792-400: The wheels. PEV is a subcategory of electric vehicles that includes battery electric vehicles (BEVs), plug-in hybrid vehicles, (PHEVs), and electric vehicle conversions of hybrid electric vehicles and conventional internal combustion engine vehicles. A range-extended electric vehicle (REEV) is a vehicle powered by an electric motor and a plug-in battery. An auxiliary combustion engine

9894-484: The world's transport energy demand in 2022, up from 2.7% in 2010. Biojet is expected to be important for short-term reduction of carbon dioxide emissions from long-haul flights. Aside from wood, the major sources of bioenergy are bioethanol and biodiesel . Bioethanol is usually produced by fermenting the sugar components of crops like sugarcane and maize , while biodiesel is mostly made from oils extracted from plants, such as soybean oil and corn oil . Most of

9996-502: The world, depending on the cost of drilling. EGS projects have so far primarily been limited to demonstration plants , as the technology is capital-intensive due to the high cost of drilling. Marine energy (also sometimes referred to as ocean energy) is the energy carried by ocean waves , tides , salinity , and ocean temperature differences . Technologies to harness the energy of moving water include wave power , marine current power , and tidal power . Reverse electrodialysis (RED)

10098-455: Was 1,360 GW. Only a third of the world's estimated hydroelectric potential of 14,000 TWh/year has been developed. New hydropower projects face opposition from local communities due to their large impact, including relocation of communities and flooding of wildlife habitats and farming land. High cost and lead times from permission process, including environmental and risk assessments, with lack of environmental and social acceptance are therefore

10200-466: Was awarded a Green Energy Option Program operating permit in 2020. Once the GEOP market is in full commercial operations later in 2021, BGI will facilitate all necessary registration and transfer requirements for prospective customers who want clean and affordable energy. Renewable energy Renewable energy (or green energy ) is energy from renewable natural resources that are replenished on

10302-522: Was built in 1982 in Hesperia, California by ARCO . The plant was not profitable and was sold eight years later. However, over the following decades, PV cells became significantly more efficient and cheaper. As a result, PV adoption has grown exponentially since 2010. Global capacity increased from 230 GW at the end of 2015 to 890 GW in 2021. PV grew fastest in China between 2016 and 2021, adding 560 GW, more than all advanced economies combined. Four of

10404-507: Was convicted of conspiring to monopolize the sale of equipment and supplies to their subsidiary companies, but was acquitted of conspiring to monopolize the provision of transportation services. The Copenhagen Summit , which was conducted in the midst of a severe observable climate change brought on by human-made greenhouse gas emissions, was held in 2009. During the summit, more than 70 countries developed plans to eventually reach net zero. For many countries, adopting more EVs will help reduce

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