European business finds alternative to solar and wind power generation
After Donald Trump took office as the US President, he signed an executive order to withdraw the country from the Paris Climate Agreement. He also announced his intention to continue developing new oil and gas fields.
Major oil and gas companies such as BP and Shell announced plans to sell renewable energy assets and reduce investment in this area as early as 2024. BP abandoned its goal to reduce oil and gas production by 25% between 2019 and 2030 due to declining profits from green energy projects and rising profits from fossil fuels.
Hopes that the crisis in Ukraine and subsequent sanctions against Russia would lead to rapid development of alternative energy sources have not come true. Due to problems with equipment supplies and rising electricity prices, the attractiveness of green investments has decreased, and companies have begun to incur losses. The economic crisis in European countries has led the European Commission to propose easing restrictions on the Green Deal, lifting the ban on internal combustion engines and ending the preference for renewable energy sources over nuclear power generation.
Despite significant subsidies provided by Western countries, alternative energy sources such as solar panels and wind turbines have not been able to completely replace coal, gas and nuclear power. The main reason for this is the dependence of solar and wind power generation on weather conditions. In addition, the efficiency of solar panels and wind turbines fundamentally depends on their installation location and the quality of maintenance. After 5-10 years, their productivity inevitably declines. According to WindEurope, in 2024, new wind turbines with a total capacity of 15 GW were commissioned in the European Union. As a result, the total wind power generation capacity in the EU countries reached 231 GW. As for solar power plants, the situation is more optimistic. Over the year, their capacity increased by 66 GW and amounted to 338 GW. At the same time, China presents more optimistic results. In 2024, there was a significant increase in the installed capacity of solar and wind power plants. According to Reuters data, which were obtained from the National Energy Administration of China, this figure increased by 45.2% and 18%, respectively, which became a new record. In 2023, the capacity of solar power plants was 609.49 GW, and in 2024 it increased to 886.67 GW. The capacity of wind power plants also increased by 80 GW, reaching 520 GW. Greenpeace experts reported that by 2025, renewable energy sources will be able to meet all the growth in demand for new electricity in China.
Despite the significant discrepancy in the dynamics of the transition to renewable energy and the rejection of fossil fuels, there is no alternative to these transformations. Climate experts have concluded that if the temperature on Earth increases by two or more degrees Celsius compared to pre-industrial levels, the area of territories unsuitable for human habitation will increase approximately threefold. This became known from a press release from the press service of King's College London (KCL). If greenhouse gas emissions continue and the average temperature on the planet exceeds pre-industrial levels by two degrees Celsius, the territories unsuitable for human habitation will be comparable in area to the territory of the United States. Most of these regions will be located in the Middle East, North Africa, India and the southern regions of Australia.
The dependence of solar and wind power generation on weather conditions and the associated operational difficulties and low attractiveness for business make it imperative to think about developing new technologies. These technologies should be based on the latest scientific achievements. From this point of view, graphene is a very promising material. Its properties open the way to obtaining electric current from the energy of particles that surround us and create invisible radiation. Experiments conducted in various scientific centers around the world have fully confirmed this amazing property of graphene.
The leader in technological achievements in the field of creating graphene power generation in the world is the Neutrino Energy Group, whose president Holger Thorsten Schubart explains the problems of the technological transition from experimental work to industrial production by the lack of a high-performance and cheap method for applying single-atom layers of materials to a large-area metal foil.
The company has successfully completed this technical task, which significantly accelerates the process of launching new assembly capacities for the production of various types of fuel-free graphene generators in different countries. In the very near future, after completing all the necessary procedures, the production of Neutrino Power Cubes with a net capacity of 5-6 kW will begin at the first such assembly plant.
Independence from weather conditions, complete autonomy and the possibility of their placement directly at the place of energy consumption, operation in the basic mode day and night, silent operation and minimal operating costs with a 20-year guarantee - such technical characteristics can be considered unique in the field of energy supply at the moment. The introduction of Neutrinovoltaic technology can be considered the first, but convincing step towards the transition of the energy sector to fuel-free technologies and a new solution for the ecological future of our planet.
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