geothermal eip & food production 27.10.20... · 2020. 12. 3. · vaxa hellisheidi geothermal...
TRANSCRIPT
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Geothermal EIP & Food production
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“64.17% of food price variance is explained by oil price movement”
Farhad Taghizadeh-Hesary et al. 2019
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The global food system accounts for around 30% of the total energy use
FAO, 2011
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The global food system:
Water Withdrawal
70% of global use
Employs
28%of the world's population
25-30% of total GHG
37% Of worlds
landmass used for agriculture
(excl. Antarctica)
4000 million t/year
produced
market size
12.24 trillion USD by
2020
Source: FAO.ORG /World Resources Institute
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Living Planet Index (LPI)
▪ In 2020, the LPI shows an average rate of decline in population size of 68% between 1970 and 2016.
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0
1
2
3
4
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6
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010002000300040005000600070008000
Mill
jarð
ar íb
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Ár frá nútíma
“To meet the increasing demand from a growing population we will need to produce more food in the
next 40 years than has been produced in the previous 8,000 years.”
Jason Clay, Senior Vice President WWF
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Population will grow to 9-11 billion
Food production must increase about 50-70%
Energy consumption will double
4.5 billion will belong to the middle class
Increased pressure on water resources
The status in 2050
Source: FAO.ORG /World Resources Institute/IPCC
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The food system is changing
Global food
system
Sustainability pressure
Technology
Customer demand
Climate change risk
Food Security
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Food system in crisis
How can geothermal be part of the solution?
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• Cost• Environmental pressure• Policy
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The natural environment
Managing environmental conditions & regulations
ProcessingShipping and distribution
Sustainable resourcesOptimized
environmentProcessing
Shipping and distribution
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Electricity to the grid
Geothermal Plant Post processingBio based industries
CO2Steam / hot waterElectricityWaterChemicals
Steam/hot waterElectricityWater
Increased value from local agriculture
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Innovation will drive adoption to climate neutral food system
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Future food system trends
Food Security
Trust and transparency
Clean and sustainable
Increased automation
Optimized resources use
Controlled environment
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The competitiveness of geothermal energy for food production
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The cost of heating 4 ha greenhouse
6.5
4.4
3.1
0.9 0.6Finnland Pólland Holland Spánn Ísland
MUSD per Year
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Direct use of geothermal heat vs wind energy from the grid for food processing
0
0.02
0.04
0.06
0.08
0.1
0.12
0.14
0.16
Wind energy from grid (EU) Geothermal heat energy (Iceland)
EUR/MWh
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Example of Mokai New Zealand
Tomatoes -11.4 hectares
Miraka milk processing plant (250.000.000 liters of milk process annually)
110 MWTuaropaki power company / Mercury Energy
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VAXA Hellisheidi Geothermal plant (ON Power)
CO2
Electricity
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Work with Rescearch institutions and
universities
Encourage local innovation
Shared Infrastructure & Technology
Increased value with processing