THURSDAY 27 AUGUST, 2009 |

Solar Power Equals Green(er) Oil?

In a move that has environmentalists caught in a state of confusion as to
whether the idea should be cautiously congratulated or thoroughly condemned (or
something in between), Chevron Corp has teamed up with BrightSource Energy to
build a solar thermal plant in California that will help extract oil from an
aging oil field. The Coalinga field has had over than 90 percent of its oil
extracted since its discovery in 1890.
The solar farm will utilise sunlight reflected from over 7,000 mirrors, directed
and focused on a 98-meter tower where water will be boiled. The steam will then
be injected into wells to heat up heavier oil, lowering its viscosity and
allowing it to be more easily retrieved. Usually this steam injection is powered
by natural gas.
In a
report
from Reuters, Chevron said work on the Coalinga plant would commence this
year, with production projected to start by the end of 2010. The installation
will be the first of its kind and if successful, the concept will then be
applied to other fields.
Chevron is no stranger to solar power - in fact the company claims its Chevron
Energy Solutions subsidiary is the nation's "largest installer of solar
energy for education institutions".
Many oil companies were recently attempting to re-brand themselves as energy
companies and pouring substantial investment into renewable energy. However,
most of them have done an about face, winding down investments and fleeing back
to the arms of fossil fuel.
Chevron's move has been seen by some as striking somewhat of a middle ground in
reducing the environmental impact of oil extraction and production while
continuing forays into
renewable
energy technology development; by others, purely as a PR exercise that only
further feeds the world's addiction to oil.
News for Wednesday 26 August, 2009
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