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.

Is Greenland a net energy exporter?

Greenland has huge and abundant unexploited hydropower potentials. The energy is stable and environmentally sustainable. Greenland’s enormous untapped hydropower resources exceed our domestic demands many times over, and Greenland has the potential to become a net energy exporter.

Is Greenland a good place for offshore wind power?

However, a study on wind and wave power potential on 22 islands has found Greenland to be one of the best sites for offshore wind power with 4555–5450 full load hours (FLH) in addition to good conditions for wave power with 1050–4000 FLH . Satymov et al. found 5000–6000 FLH in the south of Greenland for an improved wave energy converter.

What is the primary energy mix of Greenland?

As presented in Fig. 2, the primary energy mix of Greenland changes notably between 2019 and 2050. In the reference scenario, oil constitutes around 80% of the primary energy consumption, with the rest being supplied mainly by hydropower.

Should Greenland invest in solar energy?

Greenland, like the rest of the world, is waiting for the development of financially viable production of solar cells for electricity generation. However, transport costs are a significant consideration for Greenland in implementing solar energy.

Can Greenland become an E-fuel export hub?

A 100% renewable energy system for Greenland is economically feasible. Greenland may become an export hub for e-fuels and e-chemicals in the future. e-Ammonia and e-fuels can be exported at 67 €/MWh th and 106 €/MWh th in 2050. Up to 300,000 jobs may be created in Greenland.