Can solar energy reduce fossil fuel costs in Greenland?

Dramatic and ongoing reductions in the cost of solar energy and battery storage combined with copious sunlight for seven months of the year suggest that solar and storage could play an important role in reducing costs and dependence on fossil fuels in Greenland and elsewhere in the far north.

Should Greenland invest in solar energy?

Even without a change in the one-price model, government investment in solar energy for communities around Greenland will lower Nukissiorfiit’s dependence on fossil fuel which would help to reduce the associated large ongoing deficits incurred by Nukissiorfiit . Table 8. Annual cost savings in USD/ Year for Solar–BES–diesel hybrid scenarios.

Is Greenland a potential E-Fuels hub?

Greenland's transition from a fossil fuels-based system to a 100% renewable energy system between 2019 and 2050 and its position as a potential e-fuels and e-chemicals production hub for Europe, Japan, and South Korea, has been investigated in this study using the EnergyPLAN model.

Does Greenland have a self-contained energy system?

But as HARMEET BAWA writes, due to the self-contained nature of Greenland communities, each town generates its own energy and distributes it via a micro-power grid and local district heating network. This article originally appeared in The Circle 03.15.

Can wind & solar power survive extreme conditions in Greenland?

Partnering with a northern settlement in Greenland, researchers are designing wind and solar devices that can survive and thrive in extreme conditions. Qaanaaq, with its roughly 600 residents, is the northernmost town in Greenland. Credit: Mary Albert

Does Greenland have a future for renewables?

Although Greenland has made great strides in installing renewables, these changes have so far mostly benefited larger communities in the south of the country. Making cheap, accessible renewables work in Qaanaaq has the potential to “be good not only for this community, but for all Arctic areas”, however remote, Oshima says.