Published on September 24th, 2012 | by Mridul Chadha0
Steel Giant POSCO to Fund Renewable Energy Micro-Grid System in Abu Dhabi
September 24th, 2012 by Mridul Chadha
Global Green Growth Institute (GGGI) in partnership with The Masdar Institute (MI) and the Research Institute for Industrial Science and Technology (RIST) from South Korea plans to develop 100 % renewable energy micro-grid system in Abu Dhabi. Initial conceptual design for the system was given by Masdar Institute in October 2010.
The project coordination will be done by GGGI, while design and simulation of micro-grid with renewable energy will be undertaken by the Masdar Institute.
The financial support of about $1 million for the project is provided by GCCI and POSCO, the world’s fourth-largest steelmaker.
MI and RIST project team unveiled conceptual design of the micro-grid. The design encompasses a control system, energy storage, and a high-efficiency DC distribution system. The system will be designed to incorporate renewable energy sources such as solar PV, small wind power, and biofuel production from waste and algae. The micro-grid system can also be linked to seawater desalinations units and can power the electric boats for island access.
Dr Sultan Al Jaber the UAE’s Special Envoy for Energy and Climate Change and CEO of Masdar said: “This project is another powerful example of the leading role Abu Dhabi and the UAE are playing in clean energy innovation. Masdar has funded development projects on small islands that can potentially benefit from micro grids and we are interested in their potential role in supporting renewable energy deployment in rural areas.”
Dr Fred Moavenzadeh president of Masdar Institute said: “The first UAE-South Korea collaborative research project under the GGGI program reflects the common interest between the two countries to partner with each another on clean energy ventures. It will benefit from the synergy between Masdar Institute and RIST which already has a track record in implementing a similar project in Korea. We believe the micro-grid project will bear testimony to our expertise in furthering research and innovation in sustainability while developing the UAE’s human capital as directed by the country’s leadership.”
The initial model and action plan of the project is expected to be presented at the 2013 World Future Energy Forum in Abu Dhabi.
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