| Installation
Creates First Carbon Neutral Building in the Cayman Islands
:New Jersey, USA--Renewable
Energy International, Inc. (REI), a leading integrator of renewable energy
technologies, announced today that it will design and install a groundbreaking
renewable solar-hydrogen fuel cell energy system in a residential environment
in the Cayman Islands – only the second such system in North America. The
U.S. based company holds the distinction of developing the first prototype
solar-hydrogen system near Princeton, New Jersey, USA, which was dedicated
in October 2006 before international press coverage. This second installation
in the Caymans will demonstrate the system's significant cost and environmental
benefits in an island environment.
This unique renewable energy system
provides complete energy production, indefinite storage, and delivery with
no emissions or carbon footprint whatsoever. Unlike most hydrogen fuel
cell systems, this one is powered only by solar energy, making it the cleanest
hydrogen generation system in the world.
“The installation of this solar-hydrogen
system on the Grand Cayman will be the first carbon-neutral building in
the Caymans.” noted Michael Strizki, inventor of the REI solar-hydrogen
system. “We will design a solar-hydrogen system for a 3,000 sq. ft.
private residence on Grand Cayman Island. Design stage commenced
on June 4th and installation will follow”, said Strizki. “This solar-hydrogen
power system will demonstrate that the reality of a completely renewable
energy system is no longer in the future, it is here now. We have
the ability to replicate this system for remote homes, commercial buildings,
for backup storage for essential community buildings such as hospitals…and
eventually entire communities. We hope to set an example here for all island
communities to follow”.
REI’s design for this installation
will closely replicate the prototype system in New Jersey. It will include
a photovoltaic array that will produce electricity to provide for the home’s
primary electricity load, as well as enough excess electricity to run an
electrolyzer which converts water into hydrogen. The hydrogen produced
will be reserved in a storage tank until needed, at which point it will
be converted back into electricity through means of a fuel cell. To increase
energy efficiency, the system will be integrated with a geothermal system
that will provide for the home’s total cooling needs, as well as its domestic
hot water. Energy efficient appliances will also be installed at the home
to reduce the overall electricity load. Heat, although available, will
not be required due to the climate in the Cayman Islands.
The solar-hydrogen system will be
designed to meet the home’s total energy needs without reliance on any
external source of energy. However, the home will remain grid-connected
at the request of the homeowner, and with the support and approval of the
Caribbean Utility Company (CUC).
This installation is expected
to be significantly more cost effective and energy efficient than the first
solar-hydrogen system designed by REI, primarily due to the fact that it
will be installed in a sunny island environment. As the Caymans receive
an average of 345 days of sunlight annually, the system will require a
much smaller solar array, as well as reduced hydrogen production and storage
capability, bringing down system costs significantly. The system is expected
to be completed for less than US $200,000.00, representing a cost reduction
of 60% over the prototype system. Mr. Jim Knapp, owner of the residence
on Grand Cayman where the system will be installed, pointed out that “The
environmental benefits are important, but not the only consideration. For
me, this is a financial play. The numbers work right now to make this a
smart move.”
Mr. Gian-Paolo Caminiti, COO of REI,
explained the further significance behind the project: “The island environment
is a perfect application of this technology; it is a remote location requiring
imported fuel to generate power, has abundant solar power available, and
no current systems in place to harness the energy. Installing a distributed
(not connected to a central generation station) system here to generate
power from a sustainable, carbon-neutral source makes perfect sense. One
system does it all; total energy needs are met all year long and, in the
event of a hurricane or other disaster, backup power without any supply
line dependency or interruption is secured. The potential applications
for this throughout the region, and the world, are enormous.”
Electricity production in island
environments is both carbon-intensive and extremely expensive, at roughly
three times the cost of electricity in the United States. Currently, the
Cayman Islands import 100% of their electricity, which is produced by fossil-fuel
based generation methods, consuming over 400 million kilowatt hours (kWh)
annually. As all of the electricity consumed is generated off-island and
imported, additional transportation costs and adverse environmental impacts
are incurred, including increased carbon dioxide emissions.
The Cayman Islands are an overseas
territory of the United Kingdom, whose government is now considering sweeping
legislation to mandate sharp cuts in carbon emissions. Ms. Gina Ebanks-Petrie,
Director of the Cayman Islands Department of the Environment commented
favorably on the project. “Given the challenges posed by climate change
for our islands, the Cayman Islands Department of Environment very much
supports the use of renewable sources of energy. We are extremely pleased
to see private individuals taking the initiative in this area. The Cayman
Islands Government has recently signed the United Nations Framework Convention
on Climate Change and its Kyoto Protocol, so a national discussion needs
to take place in the very near future on, among other things, the appropriate
mix between renewable and traditional energy sources in meeting the country’s
demand for electricity. ” |