Finland's "sand battery", Germany's "hot water bottle", Norway's "hot battery"... The influence of fancy energy storage on cooling tower cost in European countries
Under the Paris agreement's target, the rise in average global temperatures this century must be limited to 1.5C. With climate change and rapidly rising fossil fuel prices, countries need to vigorously develop renewable energy. However, wind, solar and other renewable energy generally "depend on the weather", and intermittent characteristics, they can not generate power according to demand, so increase investment in them at the same time to do a good job of energy storage. From the traditional lithium-based "super large" battery to liquid flow battery, silicon phase change battery, molten salt battery, iron air battery, gravity battery, carbon dioxide expansion battery, etc., countries have tried various ways to store energy.
In recent years, the change in the international situation has brought about the soaring price of natural gas in Europe, which has affected the energy security of Europe. In order to cope with climate change and the energy crisis, European countries also put forward a variety of different energy storage schemes.
Finland: Use of "sand battery" heating system
Finnish startup Polar Night Energy and energy utility have built the world's first "sand battery" -- a commercial sand-based high-temperature heat storage system -- that can be powered by solar and wind power.
Sand is durable, inexpensive, and a very efficient heat storage medium with very little heat loss over time. In "Sand Battery," steel containers about 4 meters wide and 7 meters high contain an automatic heat storage system and hold about 100 tons of sand.
Whenever there is a surplus of solar and wind energy, the "sand cell" uses that energy to heat resistors to make the sand 500 degrees Celsius. This creates hot air, which is circulated through the sand through heat exchangers. The developers say their device allows sand to store large amounts of heat at temperatures between 500 and 600 degrees Celsius for months. The system can release up to 100 kilowatts of heat and electricity and has an energy storage capacity of 8 megawatts. It provides energy during Finland's long winters, keeping homes, offices, factories and even the local swimming pool warm.
Germany prepares giant heating 'hot water bottles'
In an effort to wean the German city off its dependence on foreign energy, Berlin is preparing giant "thermos bottles" to help keep people warm this winter.
This giant "thermos" is actually a hot water tower that stores heat instead of electricity. According to Swedish power company Grand Falls, which is building the tower, the heat storage facility is 45 meters high and can hold 56 million liters of hot water. Its huge insulated tank can keep the water hot for up to 13 hours. The "thermos" can mitigate fluctuations in renewable energy supplies by converting excess heat from renewable energy sources into heat for storage and releasing energy as needed.
The 50 million euro facility has a heat capacity of 200 megawatts, and its stored thermal energy is enough to keep large amounts of water at near-boiling temperature without a break, enough to meet most of Berlin's hot water needs in summer or about 10 percent of its demand in winter.
Norway: Building concrete-based commercial "thermal batteries"
As demand for electric vehicle batteries and energy storage batteries increases, experts predict the EU will need 18 times more lithium and five times more cobalt by 2030 than it did in 2020. By 2050, the EU will need 60 times more lithium and 15 times more cobalt than it did in 2020. But today Europe has only one lithium mine, in Portugal. At the same time, cobalt supplies are highly concentrated in a few markets, with the Democratic Republic of Congo holding more than half of the world's reserves and Australia 20 percent. Solving supply chain problems is key to Europe's energy transition.
The global cooling tower market is estimated at 2.1 billion in 2021 and is expected to reach us $2.6 billion by 2026, with a COMPOUND annual growth rate of 4.5%. Growing demand in emerging markets, stringent environmental regulations, increased DEPLOYMENT of HVACR and technological advances are driving demand for cooling tower cost cooling towers.
Global cooling tower market introduction
Cooling towers are heat exchange devices in which water and air are in direct contact to lower the temperature of water. When water and air meet, a small amount of water evaporates, creating a cooling effect. There are various types of cooling towers and not all of them are suitable for use in the end-use industry. Each project is different and requires a specific cooling tower. A recent trend is to use hePA filters in cooling towers instead of traditional sand filters. Growth in the end-use industry is a key factor expected to drive demand for cooling towers during the forecast period. The same goes for cooling tower cost . The market for cooling tower cost is also expected to grow due to developments in the HVAC, power generation and oil and gas industries.
Europe is already the industrialized continent with the most power plants. Cooling towers have been installed in Europe for years. In addition to the shrinkage of new cooling towers, Europe is also seeing a need to replace them. All these factors make Europe the largest cooling tower market in the world. Like Europe, North America is highly industrialized, and demand for new cooling towers and replacement towers will rise. North America is the world's second largest cooling tower market. The Asia-pacific region is the fastest growing market for cooling towers.
The cooling tower cost market development changes
The construction of new power plants fueled by coal (thermal power plant) and natural gas is increasing all over the world, oil, biofuels, waste, nuclear, hydro, geothermal, solar photovoltaic, solar thermal, wind, tidal and so on. This development, together with increased capital expenditure in the oil and gas sector, is driving the number of oil RIGS worldwide and are the two main factors likely to drive growth in the cooling tower cost market during the forecast period. cooling tower cost are said to be the most prominent type by far. Evaporative cooling towers are expected to occupy the largest market share during the forecast period, followed by dry and hybrid cooling towers. Dry cooling tower is mainly used in places lacking water. As they do not use water and are cost-effective, dry cooling towers are expected to provide profitable opportunities for cooling tower suppliers and manufacturers during the forecast period. Hybrid cooling towers are also growing in popularity because they help reduce heat plumes and reduce the amount of fresh water consumed by factories. As a result, the market is expected to grow significantly during the forecast period.
Regional outlook of global cooling tower market
Germany is the largest market for cooling towers in Europe, followed by Italy. In Europe, five countries - Germany, Italy, France, the United Kingdom and Poland - account for two-thirds of the cooling tower market. Germany is one of The largest manufacturing powers in Europe, leading to increased demand for cooling towers in the country. In Europe, new demand for cooling towers and replacement of existing cooling towers is driving the market as it matures. Among the rest of Europe, Poland's cooling tower cost market recorded double-digit growth of around 25.0%.
The Asia-Pacific region is expected to show high growth rates for global cooling tower cost . China has the largest number of coal-fired, gas-fired and nuclear power plants among asia-pacific countries. It also has the largest hVAC market in the region. All these factors make China a major cooling tower market in the region. In addition, growing industrial growth is driving demand for cooling towers in India. In Japan, in addition to the need for new cooling towers, there is also a large need to replace cooling towers. The rest of Asia Pacific consists of a variety of smaller cooling tower markets.
Impact of COVID-19 on the global cooling tower market
Power generation is one of the important consumers of cooling towers, as it requires energy saving, increased efficiency and strengthening of pipes, machinery, tanks and boilers. Most electricity consumption is in the industrial sector, followed by the residential, commercial and service sectors.
Demand in the sector declined by about 2.5% in the first quarter of 2020 compared to the same period in 2019. The decline was attributable to lower consumption in the industrial and commercial sectors. Businesses have been forced to close because of government-sponsored lockdowns, social distancing measures and restricted supply chains. However, demand is normalising again, helped by a recovery in economic activity across countries.
As a result of the pandemic, demand in the oil and gas industry has dropped significantly. The oil and gas industry has been weak for the past few years as oil prices fell sharply and accelerated from mid-2014.
The industry experienced additional shocks in 2019-2021 due to the COVID-19 outbreak. The outbreak of the COVID-19 pandemic and the drop in demand caused by the global lockdown have forced major refiners to shut down their operations.
Market drivers for cooling tower cost
Drivers: Increased DEPLOYMENT of HVACR and increased industrial activity
The modest growth of the global commercial construction industry, along with accelerated modernization and urbanization in emerging economies, is driving demand for cooling towers. The increased deployment of HVACR is further driving market growth due to increased government investment in cooling tower cost industries. Cooling towers are widely used as part of building HVACR systems through which excess heat from the cooler is treated. As a result, the surge in demand for this HVACR equipment in construction and industrial applications is expected to drive the global cooling tower market. Factors such as climate change and technological innovation have driven the adoption of cooling tower cost . Changeable and unpredictable weather conditions caused by global warming have also increased the need for cooling towers.
Processional Cooling Machinery Manufacturer cooling tower cost supplier
Wuxi Master Cooling Machinery Manufacturing Co., Ltd. is a professional manufacturer of water cooling towers and related equipments including cooling tower, chiller, evaporative condenser, water treatment and other accessory parts.
Master Cooling products are widely used in electric power, chemical industrial, metallurgy, cooling, light industrial, civil facilities and other fields. We have an excellent scientific research and development team whom onstantly design new products always more efficient and more innovative in order to meet the different needs from different customers. We also have excellent after-sales service team. If you have any questions about the cooling tower cost, please feel free to contact us. Send an email to: email@example.com
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