Solar energy without sunshine

Monday, May 31st, 2010

Solar energy has great potential to be the energy source of the future, but it is unreliable. What happens when the sun goes down at night? Or when the sky is cloud covered all day? These questions are currently being addressed, as researchers are experimenting on ways to store the energy captured from the sun.

One current solution used in Spain in parabolic trough power plants, is to use solar energy to heat up a thermo oil, which in turn heats up liquid salt, and when the sun goes down, the heat of the liquid salt is used to power a steam turbine. However, liquid salt is very expensive and it is not allowed to cool down, or else it will congeal and destroy the container. Furthermore, liquid salt is not compatible with solar thermal power plants, thus different containment methods have to be developed for the varying power plants.

In a solar power plant In Jülich Germany, solar panels reflect the sunlight to a huge tower, which stores the heat. In this case we are dealing with heat in gas form, which makes a storage container of molten salt not feasible. Thus, in this situation ceramic is used, which is however also very expensive. Currently the researchers are working on an alternative solution that uses salt. The salt falls into a collecting container and in the process, the warm gas is blown onto the sand, transferring its warmth onto it.

The salt method is also not perfect, as it cannot be as easily pumped through pipes as liquids or gases. A final method is the chemical thermal storage, where, for example, calcium hydroxide would be split into Calcium and Water. Then the two elements would be brought back together and heat would be released. This way, the energy can be saved for a long period of time and released at whatever temperature necessary. However, this method has only been tested in the confines of scientific labs and would require the construction of a special chemical reactor.

There is a lot of potential for development in this area and experimentation with different materials and processes. If renewable energies are to replace current non-renewable sources, a process for their storage has to be developed, so that we will still have energy when the sun doesn’t shine or the wind dies down.

Are solar shingles a real alternative?

Wednesday, May 26th, 2010

In 2009 the company DOW unveiled its newest project, the so-called DOW Powerhouse Solar Shingle. It does not differ from regular shingles, except for the fact that is creates power by using the energy of the sun. The firm itself says about their product: “The technology blends form and function, aesthetics and performance into a solar solution that is accessible and affordable for homeowners” (http://bit.ly/do46Ui).

The shingles decrease energy bills to a small extent, as they yield 3.5 kilowatt-hours per day on average, and the average usage of a household is 50 kilowatt-hours. There are cheaper ways to be environmentally friendly these days, as the shingles cost USD $40 per 4 square feet. However, improvements will be made to further reduce the costs and increase the performance of the shingles.

13th European Venture Market Recap

Thursday, May 20th, 2010

We think the 13th European Venture Market was a successful event! We would like to thank all participants for coming and hope that you had a great time! During the two days we heard interesting pitches and learned from investors about their investment-strategies and entrepreneurs got advice on how to best approach them. Service providers offered their assistance for entrepreneurs and different European regions presented their packages for entrepreneurs interested to relocate.

We at Continua enjoyed supporting the intensive networking activities and look forward to seeing many of you again at the next European Venture Market, which will take place in Liechtenstein on the 15th and 16th of November, 2010. We are interested to hear what you thought of the event so please leave us your feedback in the section below.

Thank you and all our best wishes,

Your Continua Team