French Energy Company Experiments With Storing Renewables

The video discusses the future of renewable power storage, focusing on a project by ENGIE on Semakau Island near Singapore. ENGIE is developing a microgrid using wind and solar power, with a novel approach to energy storage using hydrogen. This technology could store energy for extended periods, potentially transforming renewable energy's role in global power supply. The video also explores the declining demand for oil, with predictions of peak oil demand within the next 5 to 15 years, as renewable energy becomes more cost-effective and widespread.

What is the primary goal of the microgrid being developed by Engie on Semakau Island?

• To replace all fossil fuels in Singapore

• To provide power to mainland Singapore

• To sustain power on small islands using renewable energy

• To export renewable energy to other countries

How does the hydrogen storage solution work in the context of renewable energy?

• By using wind turbines to generate hydrogen

• By storing hydrogen produced from water separation for later use

• By converting solar energy directly into electricity

• By storing solar energy in batteries

What is a significant advantage of using hydrogen for energy storage?

• It can be stored for long periods and used when needed

• It is cheaper than all other forms of energy storage

• It requires no infrastructure changes

• It is already widely used in all countries

What is the predicted timeline for peak oil demand according to Shell?

• In the next 5 to 15 years

• It has already passed

• In the next 20 to 30 years

• In the next 1 to 2 years

What is a key factor driving the shift towards renewable energy?

• Increasing costs of fossil fuels

• Decreasing costs of solar and wind power

• Public protests against oil companies

• Government mandates