Cost-effective, efficient, regional transfers of renewable energy. Not all areas are rich in renewable energy, or it may not make economic sense to generate it locally. As urbanization trends progress, alongside increasing reliance on renewables, the distance between points of generation and consumption will, in many instances, increase. Future reliance on renewables depends on the ability to move them around effectively, yet, negative public perception of transmission lines is on the rise.
Against current state-of-the-art comparable technology, what markers must innovations in this space meet to overtake the fossil fuel-driven energy?
Benchmark | What is the current state-of-the-art and/or most common technology/process to evaluate against?
Cost | Based on the chosen benchmark, what is a competitive capital cost and/or O&M/service cost?
Duration/Distance | Based on the chosen benchmark, what is the warranted distance? What would be the audacious, yet realistic, distance?
Efficiency | based on the chosen benchmark, what is a target efficiency?
Lifecycle | based on the chosen benchmark and industry trends, what is the warranted lifecycle?
Please share details and resources if possible.