{"id":1515,"date":"2022-03-02T02:31:00","date_gmt":"2022-03-02T01:31:00","guid":{"rendered":"https:\/\/as-schneider.blog\/?p=1515"},"modified":"2022-03-09T10:45:53","modified_gmt":"2022-03-09T09:45:53","slug":"what-are-power-to-x-solutions","status":"publish","type":"post","link":"https:\/\/as-schneider.blog\/2022\/03\/02\/what-are-power-to-x-solutions\/","title":{"rendered":"What are Power-to-X solutions?"},"content":{"rendered":"\t\t
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What are Power-to-X solutions?<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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This article provides an overview of the various Power-to-X solutions. It explains what is Power-to-X, why it is important for decarbonization and how it can be used for efficient utilization of variable energy sources. The various energy carriers that can be used to store renewable energy for later use, or for easier transportation, are summarized. The benefits and challenges of Power-to-X are discussed and examples of various solutions being implemented around the globe are presented.<\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Development of Variable Renewable Energy (VRE)<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Advancement in technology has led to a massive decline in the cost of renewable power. Since 2010, the generation cost of solar power has fallen by 80%. During the same period, the cost of wind generation has declined by 30-40%.<\/p>

As a result, there has been a steep rise in the production of Variable Renewable Energy (VRE). VRE refers to energy that is produced intermittently due to the nature of the generation process instead of on-demand as with traditional generation. Apart from solar and wind, VRE sources also include tidal, and hydroelectric power. It is projected that by the year 2030, more than 80% of power generation in Europe will be from VRE sources.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Source: LUT; Energy Watch Group; \u00a9 DW<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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What is Power-to-X?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Power-to-X (also known as P2X or PtX) describes the conversion of renewable electricity from wind, water or solar as primary energy into an energy carrier (“X”).<\/p>

P2X allows storage of excess energy for later use while also absorbing energy fluctuations. These solutions provide an efficient alternative to curtailment of power generation during periods of surplus production.<\/p>

In addition to balancing supply and demand, P2X solutions also offer the opportunity to reduce global CO2 emissions, which in turn has a positive impact on achieving the goals set out in the Paris Agreement. The Paris Agreement provides a roadmap for growth based on low-carbon energy, with the target of replacing fossil fuels with carbon-neutral or zero-carbon energy.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Power-to-X technologies<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Power-to-X technologies can be subdivided according to intended use or form of energy.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Power-to-X technologies by usage:<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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