Renewable energy solutions for the 4.0 era

Renewable energy solutions have become increasingly popular in recent years, providing a much-needed alternative to traditional fossil fuels. Rapid investment in the renewable energy sector has resulted in issues with grid stability and energy security. These include issues such as power imbalances caused by a lack of supply capacity or transmission grid system congestion. PC1 Group has brought renewable energy solutions to address the aforementioned issues. Power forecasting system, energy storage system, SVG reactive power compensation system, and underground cable monitoring system, to name a few.

Renewable energy solution definition

Renewable energy solutions are technologies and sources of energy that can be replenished naturally and quickly. They reduce reliance on finite resources and decrease the negative impacts on the environment caused by traditional energy sources.

Importance of Renewable Energy Solutions

Renewable energy solutions are a crucial step towards a sustainable future. They include solar, wind, hydro, geothermal, and biopower energy sources that are replenished naturally and produce clean energy. By using renewable energy sources, we can reduce our dependence on non-renewable sources, mitigate greenhouse gas emissions, and create local, clean, and cost-competitive energy.

Types of renewable energy

Renewable energy can be classified into several categories:

Solar energy

Solar energy is one of the most widely used renewable energy sources. Solar photovoltaics (PV) and concentrated solar power (CSP) are two popular forms of solar energy. Solar PV systems convert sunlight into electricity, while CSP systems use mirrors or lenses to concentrate sunlight and convert it into heat energy. Both solar PV and CSP systems have become increasingly affordable in recent years, making them a viable solution for both residential and commercial energy needs.

Wind energy

Wind turbines and offshore wind farms are two examples of wind energy solutions. Wind turbines convert wind energy into electricity, while offshore wind farms are large collections of wind turbines located in the ocean. Wind energy is a cost-effective and sustainable solution for areas with strong and consistent wind patterns.

Hydro energy

Hydroelectric power is generated from the movement of water, such as from a river or dam. This form of renewable energy has been used for over a century and continues to be an important source of energy for many countries. Hydro energy is a reliable and sustainable solution, but it can also have negative impacts on the environment and local communities if not managed properly.

Geothermal energy

Geothermal energy is generated from the heat that is produced by the Earth’s core. Geothermal power plants harness this heat to generate electricity. This form of renewable energy is highly efficient and has a low environmental impact, making it a sustainable solution for energy needs.

Biomass energy

Biofuels and biomass power are two examples of bioenergy solutions. Biofuels are fuels made from renewable sources, such as corn or sugarcane, while biomass power is generated from the burning of organic materials, such as wood or agricultural waste. Bioenergy is a versatile solution that can be used for transportation, heating, and electricity generation.

Benefits of renewable energy solutions

Benefits of renewable energy solutions include:

1. Clean energy: reducing greenhouse gas emissions and air pollution compared to fossil fuels.
2. Sustainable: relying on replenishable resources that won’t run out.
3. Cost-effective: costs of renewable energy technologies have decreased, making them more affordable.
4. Diversification: reducing dependence on finite fossil fuels and increasing energy security.
5. Job creation: growing renewable energy industries can create new job opportunities.
6. Rural development: small-scale renewable energy systems can bring power to remote or rural areas.
7. Economic benefits: reducing the long-term costs associated with fossil fuels and their negative impacts on the environment.

Advantages of Renewable Energy Solutions

The advantages of using renewable energy solutions are many. They are environmentally friendly, produce a sustainable energy supply, and can be cost-competitive. Additionally, renewable energy solutions allow for local energy production, reducing the need for energy to be transported over long distances, and can reduce dependence on non-renewable sources.

Challenges in Implementing Renewable Energy Solutions

However, there are also challenges to implementing renewable energy solutions. The initial investment costs can be high, and there are also technical challenges that must be overcome. Additionally, integrating renewable energy solutions into the existing grid system can be difficult, and there may be policy and regulatory issues that need to be addressed.

Inadequacies in the development of renewable energy

Maximize the benefits of electrical systems while lowering their costs. Renewable energy sources, on the other hand, pose significant challenges to the power system’s traditional operating structure. Here are some examples:

• Because the primary source of materials for wind and solar power depends on the weather. This causes fluctuations in power output, making frequency and pressure control difficult.
• The interconnection of hydroelectric, thermal, and energy storage plants necessitates a high level of system flexibility, including active power equalization between different time domains.
• When the weather changes, there is a power imbalance caused by errors in the electricity generation forecasts of solar and wind power sources.
• When the capacity of generated solar power exceeds the capacity of consumed solar power. The electricity will be returned to the grid. Overloading and unsafe operation of the power grid in the area is possible.

About PC1 Group, a renewable energy solution provider

PC1 Group is a corporation that brings practical renewable energy solutions to create a world completely using green energy.

We develop, build and operate offshore and onshore wind farms, solar farms, and provide renewable energy solutions to customers such as:

• Capacity forecasting solution
• Energy storage solution
• Reactive power compensation solution
• Underground cable monitoring solution
• Solution for pulling and spreading underground cables

In Vietnam, renewable energy plays an important role by providing green, sustainable and competitively priced energy to meet the nation’s need for economic growth and environmental sustainability.

PC1 Group is committed to contributing to Vietnam’s green energy transition and becoming a reliable long-term partner for local companies, related organizations, and the Government.

Some renewable energy solutions PC1 Group offers

System for predicting capacity

With a coastline of over 3200 kilometers, Vietnam has good offshore wind resources, a high power factor, and a sizeable load-hour capacity. Furthermore, technological advancements in recent years have contributed to offshore wind power’s increased stability and predictability. PC1’s power forecasting solution is one of them. Aside from wind power forecasting solutions, PC1 has also developed the same solution for solar power, assisting manufacturers in selling the right output/price for economic benefits, meeting regulations, and avoiding penalties as well.

Wind and solar power forecasting systems (WindFor & SolarFor) are 2 renewable energy solutions offered by EnFor and PC1/ITS. Up to now they have been on the market for 15 years. Proven top prediction accuracy by integrating meteorological data from a variety of providers.

Furthermore, these systems provide flexible forecasting capabilities that meet all time periods, forecasting frequency, and resolution requirements. The product model is suitable for SCADA data collection and monitoring control system terminal equipment installed at stations. Ascertain that the system and network security requirements are met. Furthermore, the API protocol is integrated into the system. Power forecast data transmission to the National Load Dispatch Center was successfully tested (A0).

System for storing energy

Although the status of the grid integrated with renewable energy sources fluctuates and varies was temporarily mitigated by a backup diesel generator system. However, this is the source of another problem. Diesel use causes air pollution, noise, and has an impact on the living environment because it emits CO2. Furthermore, the rapid development of renewable energy projects built in a short period of time has put a strain on the transmission grid due to its inability to respond in time. Blockage occurs frequently, leading to reducing the capacity of renewable energy sources and wasting social resources as a result. The aforementioned challenges necessitate greater power system flexibility.

As a result, in order to ensure the quality of the power source while minimizing pollution, PC1 Group has introduced a renewable energy solution – the BESS energy storage system – to help customers overcome the aforementioned challenges. At the same time, increase economic efficiency and business benefits. The system will specifically assist businesses in resolving the following issues:

• Be more proactive in controlling the plant’s energy source. Reduce the impact of the power grid.
• Charge directly from the grid during off-peak hours and discharge during peak hours to save money on electricity. Time can be adjusted to meet the needs of the customer.
• The SAIDI, SAIFI, and MAIFI indexes are limited due to their reliance on the source distribution/operation ratio of each region.

System for compensating reactive power, SVG

Reactive power is the power that does not generate work but consumes costs, causing a drop in line voltage and power loss on the transmission line. Furthermore, according to Ministry of Industry and Trade regulations, an electricity buyer with a maximum user capacity registered in the power purchase agreement of 40 kW or more and a power factor cos phi 0.9 must purchase reactive capacity. As a result, a reactive power compensation system must be installed. It is deemed critical to addressing the difficult issues that RE sources are confronted with. Furthermore, improving customer economic efficiency. At the same time, avoid penalties when the power factor cos is not guaranteed by government regulations.

The following are the advantages of a renewable energy solution – SVG reactive power compensation system:

• Cosphi self-compensation is quick and smooth, and the system is stable.
• Low-loss, high-efficiency operation
• The output capacitive load current is unaffected by the input voltage.
• Harmonic rejection of up to 13 orders of magnitude is possible.
• Compact area, adaptable, simple to install, and simple to expand

Submarine Cable Monitoring System, SCG

Today, to improve power supply, safety, and reliability, as well as aesthetics, underground power cables are frequently used to distribute and transmit electricity. However, there are a few issues that can arise while using underground cables. Full discharge, partial discharge, short circuit, cable explosion, and so on.

Recognizing the situation, PC1/ITS collaborated with the DNV-GL company to launch a renewable energy solution – an incident monitoring and warning system. This system will assist customers in monitoring and analyzing the operational status. Not only that, but it can also warn of potential problems on the cable line. Create a plan for early handling, avoiding serious problems, and extending the time of power outages and power outages.

The following are the features of the SCG submarine cable monitoring system:

• Allows users to access and monitor online continuously 24 hours a day, seven days a week via the CWI interface (customer web interface)
• Send notifications and warnings automatically based on three levels of danger. via SMS and email to system-registered users
• With a 1 percent error in cable length, automatically send notifications about incidents and fault locations.
• Send monthly reports via email to all registered users in the system.

Equipment system for pulling and spreading underground cables

Proposing solutions to promote the development of renewable energy for Vietnam

• Creating conditions on the legal basis and policy for the development of renewable energy, promoting and deploying new technologies, and encouraging the use of renewable energy in significant areas of the energy market through the adoption of a common legal framework.
• Creating and publishing a suitable electricity tariff for electricity generated by solar, wind, and other renewable energy sources. To encourage fair competition in the electricity trading market, eliminate subsidies for electricity produced from fossil fuels.
• Creating strategies and plans for the gradual development of renewable energy sources that have clear local economic development goals.
• Examining the viability of establishing a Sustainable Energy Development Fund to finance RE projects and assist in the creation of models for the use of renewable energy.
• Establishing policies to encourage business investment and expanding the manufacture of machinery and equipment for renewable energy projects.

Why should renewable energy solutions be used?

It can be seen that renewable energy sources have helped to solve the problem of fossil fuel depletion and scarcity. However, the issues that it brings with it have a significant impact on daily life and production. However, thanks to their renewable energy solutions, PC1 Group has been able to assist customers in stabilizing the power source. In addition to lowering unnecessary costs. Please contact the information below if you want to learn more about the solutions mentioned above.

PC1 Group, the leading provider of renewable energy solutions

PC1 Group has established itself as a leader in the field of renewable energy, with a 60-year track record and extensive expertise. Customers and investors trust and appreciate the company because it is a leader in renewable energy solutions. PC1 not only offers a comprehensive range of equipment and techniques but also employs a team of experts and skilled construction consultants who oversee the project’s progress and technical standards.

As a result, when a company joins PC1, it will receive the best treatment in terms of service packages, from design to equipment supply, installation, operation, and maintenance. Furthermore, PC1 is dedicated to providing the best value-added services to customers and investors, ensuring construction progress.

Please get in touch with PC1 Group using the information below if you are looking for a professional renewable energy solution provider. We are prepared to assist our customers throughout the construction process in order to ensure the project’s success.

PC1 GROUP JOINT STOCK COMPANY

• Tax code: 0100100745; Ticker symbol: PC1
• Building CT2-No. 583 Nguyen Trai, Thanh Xuan, Hanoi, VN
• Solution hotline: 1900 99 88 63
• Email: epc@pc1group.vn

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