Renewable energy

 

Renewable energy

Transforming technical capabilities


The UK’s pledge to be carbon neutral by 2050 has driven an exponential growth in the renewable sector and has dramatically accelerated the imperative to find reliable and sustainable renewable energy sources and reduce carbon dioxide emissions.

 

Renewable energy is increasingly gaining more international focus and momentum, and the technical advances in utilising natural resources are ever increasing. Whilst the current spectrum includes solar and wind power, hydroelectricity, biomass and biofuels, new solutions for their regeneration and storage are becoming more prevalent. Despite this, when considering not even 15% of global primary energy comes from any of these renewable resources, the question remains as to how best to store and access them.

Modini recognises that the technical potential for renewable energy is significantly greater than the current offering. We currently support the UK Renewable Energy sector and work primarily with SMEs in the supply chain to deliver complex and nuanced programmes which require additional external support in order to maximise their impact to solve the challenge of global warming.

 

Our capabilities include:

  • Strategic direction for exploiting renewable energy, including all technical, commercial, regulatory and environmental aspects
  • Wind farms, biomass, groundwater, geothermal, solar and tidal options
  • Electrification and electronic sub systems
  • Subsea engineering
  • Project management
  • Commercial support and investment funding in, and financial due diligence on, specialist projects and programmes
  • Assessment of technical, economical and logistical feasibility of fuel supplies and resources

"There are three challenges for renewable energy:

 

1. Variability of renewable energy systems: technological developments to scale up tidal, geothermal and wave power which can produce energy more consistently

2. Use of renewables for low-cost energy, not just electricity: an urgent need to decrease energy demand and increase energy efficiency

3. Shifting to a low carbon future: an approach which is least carbon, not purely least cost, to address flaws in current economic models and to mitigate climate change, and ensure we maximize the use of renewable energy”

 

Source: Oxford University’s 2019 article: ‘Integrating renewable energy: opportunities and challenges’

 

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