Electrum Holding Signs Cooperation Agreement with Gdańsk University of Technology

On December 12, 2023, Electrum Holding signs cooperation agreement with Gdańsk University of Technology. From now on, the organizations will work together to develop modern technologies for energy transformation and decarbonization of the economy, as well as the construction of a Climate Tech Hub for the Baltic Sea region. Professor Dariusz Mikielewicz, the Vice-Rector for organization and development, signed the document on behalf of the Gdańsk University of Technology. Electrum Holding was represented by Grzegorz Stanisławski, Vice President of the Board. 

Politechnika gdańska “It is important for universities, such as the Gdańsk University of Technology, and the industrial world to collaborate. We are signing this agreement at a crucial moment, as the COP28 conference in Dubai, dedicated to climate transformation, concludes today. We demonstrate that our global thinking also has a regional dimension – we want to act within the Baltic Sea area. Through the development of offshore, onshore, and new hydrogen technologies, we will create a new economic sector based on energy transformation and the development of technologies that counteract climate change,” commented Grzegorz Stanisławski. 

The agreement provides for cooperation in the field of education on Climate Tech, development of modern technologies for energy transformation and decarbonization of the economy, strategies for building a Climate Tech Hub for the Baltic Sea region, CO2 emission reduction technologies, and optimization of energy transmission network infrastructure.

Politechnika gdańska The signing of the agreement was preceded by a scientific symposium “Facets of Climate Tech in Energy Transformation and Climate Repair of the Baltic Sea Region – Challenges for Pomerania.” During the meeting, experts discussed challenges related to climate change and innovations that can contribute to combating them. Grzegorz Stanisławski presented a strategic perspective for the development of Climate Tech in the Baltic Sea region, and an innovative hydrogen project presentation by Prof. Krzysztof Kosowski and Paweł Olechnowicz highlighted the potential benefits of an isothermal hydrogen turbine.

The agreement opens new opportunities for cooperation between the scientific world and the industry, aimed at jointly creating innovative solutions that support environmental and climate protection through energy transformation.

About Electrum

Electrum Group is a leading Polish Climate Tech business based in Białystok, offering comprehensive solutions in the field of cutting-edge technology development, project construction, and management in the energy and information sectors. The technological maturity of its experts allows them to deliver products and services that respond to the evolving needs of the industry and businesses in line with the ongoing energy transformation. Electrum creates and implements solutions and builds projects based on the idea of an individual energy mix, striking a balance between the social and environmental responsibility of the business and its economic aspect.

You can find more about the Electrum Group on our social media channels on LinkedIn, Facebooku and Instagramie.

Shaping the Energy of Tomorrow: Visions and Realities

The energy of tomorrow is one of the most important challenges facing humanity in the face of climate change and increasing energy demand. How to meet energy needs while reducing greenhouse gas emissions and ensuring energy security? What strategies and approaches can be employed to exploit the potential of renewable energy sources (RES) like solar, wind, hydro, or biomass? How to integrate RES into existing energy distribution and storage systems? How to use modern technologies and solutions to support RES in the management of facilities such as wind and photovoltaic farms? 

Challenges of the Energy of tomorrow

Odnawialne źródła energii

The answers to these questions are not simple or straightforward. They require cooperation and innovation on many levels: political, economic, social, scientific and technological. They also require awareness and involvement of all stakeholders: producers, distributors, consumers and energy regulators. 

The Role of Renewable Energy Sources in the Global Energy Mix

In Europe and globally, we are seeing an increasing share of RES in the energy mix, driven by both climate commitments and economic and social benefits. According to the International Energy Agency (IEA), RES accounted for about 29% of global electricity production in 2020 and is expected to reach 43% by 2030. In Poland, according to the Energy Regulatory Office, RES accounted for around 15% of national electricity production in 2019 and are expected to reach 23% by 2030. 

Technologies Supporting the Development of Renewable Energy Sources

However, the development of RES also comes with many challenges and constraints. RES are typically distributed and variable, requiring adaptation of energy distribution and storage systems to ensure stability and quality. RES also require new technologies and solutions to enable efficient and intelligent management of RES facilities, such as wind farms and photovoltaic farms. 

Such technologies and solutions include: 

  • Energia Jutra Hybrid systems, combining different energy storage technologies such as batteries, accumulators, electrolysers, fuel cells, compressed air or heat. Hybrid systems allow for increased efficiency and flexibility of energy storage, adapting to the changing nature of RES and consumer demand. 
  • Energy management systems, using advanced algorithms, artificial intelligence, machine learning or the internet of things. Energy management systems allow the optimisation of energy production, distribution and consumption, taking into account market, weather, technical and environmental conditions. Energy management systems also enable the creation of local energy communities, where consumers can produce, store, exchange and sell energy from RES. 
  • Monitoring and diagnostic systems, using sensors, cameras, drones, satellites and artificial intelligence. Monitoring and diagnostic systems allow remote and automatic tracking of the status and performance of RES facilities, detection and prevention of failures, planning and optimisation of maintenance and repairs. 

Challenge and Opportunity

The energy of tomorrow is not only a challenge, but also an opportunity to build a sustainable, secure and equitable energy system based on RES. To achieve this, cooperation and innovation on many levels is needed, as well as the use of modern technologies and solutions to support RES in facility management. Only in this way can we tackle climate change and ensure a better future for us and our children. 

How are Energy Storage Facilities Revolutionising the Renewable Energy Market?

Instability of Renewable Energy Sources: A Challenge for the Polish Energy Market

In the last decade, Poland has built thousands of wind and solar power plants with a total capacity of over 24 GW. Unfortunately, renewable energy sources are characterized by high instability due to the seasonality of winds, sunlight mainly in summer and only during daylight hours, and periodic droughts causing a decrease in river water levels.

Gravitational Energy Storage: An Innovative Solution

A potential solution could be gravitational energy storage systems, which are set to revolutionize the renewable energy market. Gravitational energy storages work similarly to pumped-storage hydroelectric stations. Water is replaced by steel blocks that are lifted by reversible electric motors through a system of steel cables and pulleys. The main advantage of such storages is the constant, invariably high efficiency of the installation and the possibility of recycling at a level of over 99.9%.

Balancing Demand: The Role of Energy Storage

Energy storages are not just a way to balance the demand for electricity, but also a tool for stabilizing energy grids. During periods of overproduction, when demand is low, excess energy can be stored in these storages. When energy demand increases, energy storages can deliver power to the grid, helping to stabilize voltage and frequency.

Impact of Energy Storages on the Stability of Power Grids

Energy storages can even out fluctuations in electricity production and demand, which is particularly important for renewable energy sources known for their high instability.

Towards a Zero-Emission Direction: Energy Storage as a Key to Success

Thanks to energy storages, it is possible to increase connection capacities at low costs for expanding the power grid. This creates conditions for a smooth transition towards a zero-emission economy by increasing the share of renewable energy in the energy mix, consequently phasing out production in conventional power plants. This, in turn, should significantly reduce and stabilize energy prices in the country. The conclusion is clear: energy storages are a key element in the renewable energy revolution.

Green hydrogen: Fuel of the future

Green hydrogen is a fuel that is created from the electrolysis of water using electricity from renewable energy sources (RES) such as wind, solar or biomass. Green hydrogen has many advantages, such as: 

  • It is clean and does not emit carbon dioxide or other greenhouse gases during combustion. 
  • It is versatile and can be used to power vehicles, heat buildings, store energy or produce other fuels such as ammonia or methanol. 
  • It is efficient and has a high energy density, meaning that more energy can be stored and transported in less space than other fuels. 

Green hydrogen is considered one of the key solutions for achieving climate neutrality and energy transition. According to the International Energy Agency (IEA), green hydrogen could meet up to 19% of global energy demand by 2050 if the right technical, political and economic conditions are met. Some of these conditions are: 

  • Reducing the cost of green hydrogen production and distribution through the development and scaling of technologies, infrastructure and markets. 
  • Increasing investment and support for green hydrogen projects from both the public and private sectors. 
  • Establish common standards and regulations for the quality, safety and sustainability of green hydrogen at national and international levels. 

Green hydrogen is the fuel of the future that can contribute to combating climate change and improving the quality of life of people around the world. As a Climate Tech company, we are proud to be part of this energy revolution and support the development of green hydrogen in Poland and around the world. 

Green Energy: An Introduction to Renewable Sources

Alternative Energy Systems: The Revolution in Energy 

Have you ever wondered what the world will look like when we move away from fossil fuels? The answer lies in alternative energy systems. These innovations are not just the technology of the future, but above all, a response to today’s climate challenges. They are key to sustainable development and provide energy security for future generations. 

Construction of Photovoltaic and Wind Farms: Solar and Wind Giants 

When we talk about renewable energy sources (RES), photovoltaic farms and wind farms mainly come to mind. Their construction is a significant engineering challenge. PV panels that convert sunlight into electrical energy and massive wind turbines dancing with the wind are not only spectacular but also highly efficient. They form the foundation of modern, ecological energy infrastructure. 

Alternative Energy: More Than a Trend 

Alternative energy is not just a fashion, but a necessity. Investments in renewable energy sources (RES) are steps towards a future where energy will be clean, renewable, and accessible to everyone. It’s important to emphasize that this is not only a matter of environmental protection but also economic profitability. 

General Contractor for RES: Architects of the New Energy Era 

The role of the general contractor in RES projects is crucial. They are responsible for comprehensive engineering, technological, and business solutions that meet the specific needs of the energy market. Their work affects the effectiveness and efficiency of investments, which has a direct impact on the success of RES projects. 

Climate Tech: Technology for the Earth 

Climate tech is more than just words. These are specific actions, products, and services that have a real impact on protecting our planet. It is a segment that is dynamically developing in response to the challenges of climate change. By focusing on innovation and sustainable technologies, we contribute to creating a better future for us and subsequent generations. 

Summary: The Energy of the Future 

Green energy is not just a trend, but a necessity of our times. The development of alternative energy systems, the construction of photovoltaic and wind farms, and comprehensive solutions in the field of RES are steps we must take to ensure a sustainable future for our planet. Remember, every decision regarding energy has a direct impact on the environment in which we live. Only through responsible actions and investments can we achieve the goal of sustainable development. 

The Sun above Vistula river: Photovoltaic Development in Poland

Photovoltaics in Poland is one of the fastest growing renewable energy sectors, and one of the most cost-effective ways for companies to reduce their electricity costs.

The development of photovoltaics in Poland, from the perspective of companies and industry, is an investment with many benefits, both economic and environmental. Here are some of them:  

  • Reduction of electricity bills by up to 90%. On average, electricity costs account for about 20% of a company’s overall expenditure, and in some industries even more. Photovoltaics allow you to produce your own energy, which is cheaper and more stable than that from the grid.  
  • Increased energy independence and security of supply. Photovoltaics ensure that your business continues to operate even in the event of a grid failure or energy unavailability. In addition, thanks to energy storage, surplus energy can be stored for own use. 
  • Improved corporate image and environmental awareness. Photovoltaics is one of the cleanest and most environmentally friendly ways of generating energy. By using photovoltaics, a company demonstrates its commitment to climate protection and the reduction of CO2 emissions. 

The development of photovoltaics for companies in Poland operates on similar principles to photovoltaics for single-family houses, with some differences. Depending on the power and type of installation, a company can benefit from one of the following solutions:  

  • RES micro-installations of less than 150 kWp – for smaller companies. In this case, the company can benefit from net-metering or net-billing, i.e. the billing of surplus photovoltaic energy to the grid.  
  • Small RES installations from 150 kWp to 1 MWp – for hotels, spas, etc. In this case, the company can sell photovoltaic energy to the grid on the basis of a PPA (Power Purchase Agreement), i.e. a long-term agreement to purchase energy at a fixed price.  
  • RES installations above 1 MWp – for production facilities. In this case, the company can sell photovoltaic energy through the RES auction, a support system for renewable energy producers  

Photovoltaics for companies is an investment that pays for itself after seven years on average, and sometimes even faster, which is why we are also seeing intensive development in Poland. The development of photovoltaics in Poland will intensify in the coming years. According to the report ‚Photovoltaic market in Poland 2022’, depending on the scenario, the market may grow by as much as 343% relative to 2021, to 34.1 GWp of cumulative capacity in 2027. This growth will be driven by rising electricity prices, the development of the prosumer market, government and EU support, as well as the growing environmental awareness of society and entrepreneurs. Photovoltaics in Poland is therefore becoming not only a beneficial but also a necessary solution for business.  

Climate Tech: Revolutionising Climate Technology

Climate Tech is an emerging trend in the technology industry to reduce greenhouse gas emissions and adapt to climate change. Climate Tech encompasses a wide range of solutions such as renewable energy, energy storage, low-carbon transport, sustainable agriculture, smart buildings, the closed-loop economy and many more. 

The Climate Tech revolution is being driven by growing public and political awareness of the risks of climate change, as well as technological advances and falling costs of certain technologies. According to a PwC report, the global Climate Tech market has grown from $418 billion in 2013 to over $600 billion in 2019, with an annual growth rate of 13%. 

Climate Tech has the potential to not only reduce negative environmental impacts, but also create new economic and social opportunities. For example, according to the International Energy Agency, the transition to clean energy could create more than 40 million jobs by 2050. In addition, Climate Tech can help improve people’s quality of life by providing clean air, water, food and health. 

Climate Tech is not only a technical issue, but also a cultural and social one. To achieve the full potential of Climate Tech, there needs to be collaboration across sectors, regions and countries, as well as community and consumer engagement. Climate Tech is not only a way to fight climate change, but also an opportunity to create a better world for us and future generations.

The Future of Renewable Energy in Poland: Innovations and Challenges

Renewable Energy Sources (RES) are those that use natural resources such as wind, solar, water, biomass or geothermal to generate electricity, heat or mechanical energy. RES are key to the sustainable development of national economies as they contribute to reducing greenhouse gas emissions, improving air quality, increasing energy security and creating new jobs.  

Poland has ambitious targets for the share of RES in the country’s energy balance. According to the Polish Energy Strategy until 2040, the share of RES in final energy consumption is to increase to 23% in 2030 and to 32% in 2040. To achieve these targets, Poland needs to invest in innovation and overcome RES challenges.  

Innovation in RES concerns both the development of new technologies and the improvement of existing ones. Examples of innovations in RES are:   

  • use of artificial intelligence to optimise energy systems,   
  • the development of energy storage in batteries, hydrogen or district heating,  
  • the construction of smart energy grids to better manage energy supply and demand.  

Challenges related to RES are those that hinder their development and implementation. Examples of challenges are:     

  • high investment and operating costs of some RES,   
  • low public acceptance of some RES projects, such as wind farms or biogas plants,   
  • ack of stability and predictability of legal and tax regulations concerning RES.  

 RES are the future of energy in Poland as they offer many benefits for the environment, economy and society. In order to realise the full potential of RES, Poland needs to focus on innovation and overcome the challenges that stand in the way of the energy transition. 

Alternative Energy: New Solutions for Global Energy

In today’s times, as climate challenges become increasingly pressing, the development of alternative energy systems seems to be not only an option but a necessity. Technologies such as the construction of photovoltaic farms and construction of wind farms, which offer renewable and less harmful methods of energy production, are emerging to the forefront. But what exactly does this mean for our society and the global energy future? 

Jumping onto the Green Wave 

Let’s start from the basics – the construction of RES (Renewable Energy Sources). In this field, general contractors of energy networks and general contractors of RES play a key role. Their work involves designing, implementing, and managing comprehensive technological solutions aimed at increasing the use of renewable energy sources. 

Photovoltaics and Wind – The Future of Energy 

One cannot speak of alternative energy without mentioning PV panels and wind power plants. These two energy sources are leading players in the RES industry. The construction of photovoltaic farms and construction of wind farms are not only ecological but also economical solutions. They reduce dependence on fossil fuels and decrease greenhouse gas emissions. 

Service and Maintenance – Key to Long-Term Success 

Another important aspect is the service of energy infrastructure, including the service of photovoltaic farms and wind turbine maintenance. Regular maintenance and repairs are necessary to ensure the continuity and efficiency of these installations. 

Introduction of “Climate Tech” 

The term “Climate Tech” refers to technologies aimed at mitigating the effects of climate change. This includes comprehensive engineering solutions and comprehensive business solutions in the field of energy, combining technological innovations with practical business applications. 

Summary 

By raising the issue of alternative energy, we open the doors to a world where energy systems are more sustainable, efficient, and environmentally friendly. What was once a distant vision is now becoming a reality, thanks to continuous innovations and commitment to comprehensive RES solutions. So, are we ready for these changes? Time will tell, but one thing is certain – the future of energy is green! 

Energy Infrastructure Service: Ensuring Stability of Energy Sources

Energy infrastructure comprises a set of devices and facilities used for generating, transmitting, distributing, and storing various types of energy, such as electricity, gas, petroleum, and CO2. This infrastructure is essential for ensuring access to energy for the population, economy, and environmental protection.

Ensuring the stability of energy sources is vital for economic, social, and ecological development. Stable energy sources guarantee the continuity of electricity supply, reduce the risk of failures, and prevent excessive use of natural resources. Therefore, regular servicing and modernization of energy sources, such as power plants, solar panels, wind turbines, and biogas plants, are necessary. Servicing energy sources involves checking their technical condition, replacing worn-out parts, repairing damages, and optimizing performance. The benefits of servicing energy sources include:

  • Enhancing the safety and reliability of the energy system,
  • Reducing the operational and maintenance costs of energy sources,
  • Improving the quality and purity of electric energy,
  • Reducing greenhouse gas emissions and other pollutants,
  • Extending the lifespan and increasing the profitability of energy sources.

Thus, servicing energy sources is not only a duty but also an investment in the future. Thanks to this, we can enjoy stable, affordable, and eco-friendly access to energy that powers our lives and activities.

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