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Freedom 2030
Eleuthera – an Island to Reinvent the World
                           February 8th, 2008
If the Earth were only a few feet in diameter, floating a few feet above a field
somewhere, people would come from everywhere to marvel at it. People
would walk around it, marveling at its big pools of water, its little pools, and the
water flowing between the pools. People would marvel at the bumps on it, and
the holes in it, and the different areas on it. And they would marvel at the very
thin layer of gas surrounding it and at the water suspended in the gas. People
would marvel at all the creatures walking around the surface of the ball, and at
the creatures in the water, and at the green vegetation growing on the surface.
The people would declare it as sacred, because it was the only one, and they
would protect it so that it would not be hurt. The ball would be the greatest wonder
known, and people would come to pray to it, to be healed, to gain its knowledge,
to know its great beauty, and to defend it with their lives because they would
somehow know that their lives, their own roundness, could be nothing
without it.
We will not fight to save that which brings us
no profit. Lunch, my friends, is not free!
Strange Confluence: costs, technologies, values,
environment, regulation = opportunity.
Why are we here?
•  We are a group of policy makers, practitioners,
financiers, community members and educators who wish to
take early, decisive action to maximize opportunity and
minimize hardship associated with global ecological
challenges
• We see in Eleuthera the potential to create a cutting
edge model that delivers real world success in resource
self-sufficiency utilizing sustainable design.
Goals for February 8th Session:
•  Articulate the vision of an energy self-sufficient island
using renewable resources while enhancing profitability,
reliability, jobs and marketability on the island of Eleuthera.
• Galvanize government support for the Freedom 2030
concept.
• Identify funding opportunities from a diverse set of
stakeholders, banks and multi-lateral agencies.
• Identify possible strategic partners and stakeholders to
join us in the Freedom 2030 project.
• Identify hurdles, challenges and next steps.
Energy in the Caribbean
•   Resources: sun, wind, ocean
• Standards: oil, gas
The Risk…

What is at stake?
 ▫ High Cost of Energy
 ▫ Carbon Taxation
 ▫ Climate Change
            – Storm Events
            – Sea Level
 ▫ Tourism Impacts
 ▫ Quality of Life
Bahamas Domestic Production v. Consumption




                                $277
               $7,000



               $6,000
                         Financial & Business
                           Services $2,493

               $5,000


                         Manufacturing $416
Value ($ MM)




               $4,000
                                                     Tourism
                         Construction $1,200

               $3,000



               $2,000
                          Hospitality $2,540
                                                          Elec. Production $578
               $1,000
                                                               Oil Imports $759       Domestic Exports $674


                 $-
                        Revenue (GDP)                           Costs                   Earnings
US Energy Flow
Lawrence Livermore National Laboratory
Bahamas Electricity Consumption Projections

               3,500

               3,000

               2,500
Energy (GWh)




               2,000

               1,500

               1,000
                                                                      +58%
                500
                                                                   (1162 GWh)
                  0
                   1980   1985    1990      1995      2000     2005     2010   2015
Source: US National Ocean and Atmospheric Administration (NOAA) / UK Climate Research Institute
“Warming of more than
10C above today’s level

will make the Earth
warmer than it has
been in a million years”.

              Dr. James Hansen, NASA GISS
“Business-as-usual, with
fossil fuel CO2 emissions
continuing to increase will
mean an additional
              0C to 30C this
warming of 2
century and will make the
Earth a different planet.”
                Dr. James Hansen, NASA GISS
“At20C   to
          30C   the new
equililibrium sea level is
approximately 25 meters (80
feet) higher than today. Real
world data suggest sea level
changes in centuries rather
than millenia.” Dr. James Hansen, NASA GISS
New Haven


                                                                           Montauk




                           New York City

                           Long Beach




           Atlantic City

                                                  Weiss and Overpeck, University of Arizona

Wildwood
New Haven


                                                                           Montauk




                           New York City

                           Long Beach




                                                  Sea Level +1M
           Atlantic City

                                                  Weiss and Overpeck, University of Arizona

Wildwood
New Haven


                                                                           Montauk




                           New York City

                           Long Beach




                                                  Sea Level +6M
           Atlantic City

                                                  Weiss and Overpeck, University of Arizona

Wildwood
Dover




                                    Ocean City




      Hampton                         Weiss and Overpeck, University of Arizona



                Virginia Beach

Norfolk
Dover




                                    Ocean City




      Hampton



                Virginia Beach
                                             Sea Level +1M
Norfolk
                                             Weiss and Overpeck, University of Arizona
Dover




                                    Ocean City




      Hampton



                Virginia Beach
                                             Sea Level +6M
Norfolk
                                             Weiss and Overpeck, University of Arizona
Baton Rouge


           Lake
Beaumont   Charles
                                                   New Orleans




                                   Weiss and Overpeck, University of Arizona
Baton Rouge


           Lake
Beaumont   Charles
                                                   New Orleans




                                   Sea Level +1M
                                   Weiss and Overpeck, University of Arizona
Baton Rouge


           Lake
Beaumont   Charles
                                                   New Orleans




                                   Sea Level +6M
                                   Weiss and Overpeck, University of Arizona
Jacksonville

Panama City


                                          Daytona Beach




              St. Petersburg




                       Fort Meyers
                                                    Ft. Lauderdale
                                                    Miami


                                                        Weiss and Overpeck, University of Arizona
Jacksonville

Panama City


                                             Daytona Beach




                 St. Petersburg




                          Fort Meyers
                                                       Ft. Lauderdale
                                                       Miami
    Sea Level + 1M
                                                           Weiss and Overpeck, University of Arizona
Jacksonville

Panama City


                                             Daytona Beach




                 St. Petersburg




                          Fort Meyers
                                                       Ft. Lauderdale
                                                       Miami
    Sea Level + 6M
                                                           Weiss and Overpeck, University of Arizona
Additionally….

• How to maintain energy affordability with
$100/barrel oil?
• Impact on foreign direct investment for
tourism and other national industries as
energy prices continue to rise?
• How will The Bahamas afford to keep its
economy running?
The Opportunity




Land Area = 484 km2
Population ~ 8,300
Electrical Consumption = 45,737 MWh
Annual Gas Consumption = 1,550,000 gal
Annual Diesel Consumption = 432,000 gal
Annual Carbon Liability = 47,856 tons CO2e
The Opportunity




Solar Resource = 5.3 kwh/m2/day
Available Annual Radiation = 936,000,000
MWh.
PV Required to Produce Est. Power = 55
MW
Land Area = 0.08% (425,000 m2)
Cost/KwH = $0.20
Solar Energy that Falls on Each Square Foot in a Year by
                                                      Surface
                 700
                                                                                                                  Roof
                                                                                                                  South Facade
                 600
                                                                                                                  Consumption
                 500



KBtu / SF / YR
                 400

                 300

                 200

                 100

                   0




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                                                                                                               l/
                                                                                                             ia
                                                                                                              r
                                                                                                           st
                                                                                                         du
                                                                                                       In
Solar Energy that Falls on Each Square Foot in a Year by
                                                      Surface
                 700
                                                                                                                 Roof
                                                                                                                 South Facade
                 600
                                                                                                                 Consumption
                 500
KBtu / SF / YR




                 400

                 300

                 200

                 100

                   0




                                                                                                                          al
                                                                       H
                                                           a
                                                  ue




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                                    go




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                       tle




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                                                rq




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                                                                                                       en
                                              ue
                   Se




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                                                                   u,
                                hi




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                                                       A




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                               C




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                                                               N




                                                                                                              l/
                                                                                                            ia
                                                                                                             r
                                                                                                           st
                                                                                                         du
                                                                                                       In
Eleuthera Energy Supply By End Use (in 1,000 x MBTU)




          1,700,000




                                                                                  Diesel Electricity
                                                                                  Diesel Fuel
                                                                                  Gasoline
560,000


                                                                      5,300,000
Electrical Energy Supply




          Eleuthera Energy Sold




Eleuthera Diesel Energy Supplied
                                                                 Lost Energy = 70%




                                   0   1E+11        2E+11          3E+11         4E+11   5E+11   6E+11

                                                                    BTU
Wind Resources = 5.6 m/s Annual Average
10 MW Capacity produces ~ 16.8 Gigawatt hours annually
Biofuels

1 MM GPY Waste Oil Plant
2,000 Acres of fallow land for the production
of algae based oils using brackish water (6
MM GPY) and converted to biodiesel
Large Scale Job Creation
Carbon Credits
Confidential and Proprietary


    Biofuels
1MM GPY Layout
Thank You.

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Freedom 2030

  • 1. Freedom 2030 Eleuthera – an Island to Reinvent the World February 8th, 2008
  • 2.
  • 3. If the Earth were only a few feet in diameter, floating a few feet above a field somewhere, people would come from everywhere to marvel at it. People would walk around it, marveling at its big pools of water, its little pools, and the water flowing between the pools. People would marvel at the bumps on it, and the holes in it, and the different areas on it. And they would marvel at the very thin layer of gas surrounding it and at the water suspended in the gas. People would marvel at all the creatures walking around the surface of the ball, and at the creatures in the water, and at the green vegetation growing on the surface. The people would declare it as sacred, because it was the only one, and they would protect it so that it would not be hurt. The ball would be the greatest wonder known, and people would come to pray to it, to be healed, to gain its knowledge, to know its great beauty, and to defend it with their lives because they would somehow know that their lives, their own roundness, could be nothing without it.
  • 4. We will not fight to save that which brings us no profit. Lunch, my friends, is not free!
  • 5. Strange Confluence: costs, technologies, values, environment, regulation = opportunity.
  • 6. Why are we here? • We are a group of policy makers, practitioners, financiers, community members and educators who wish to take early, decisive action to maximize opportunity and minimize hardship associated with global ecological challenges • We see in Eleuthera the potential to create a cutting edge model that delivers real world success in resource self-sufficiency utilizing sustainable design.
  • 7. Goals for February 8th Session: • Articulate the vision of an energy self-sufficient island using renewable resources while enhancing profitability, reliability, jobs and marketability on the island of Eleuthera. • Galvanize government support for the Freedom 2030 concept. • Identify funding opportunities from a diverse set of stakeholders, banks and multi-lateral agencies. • Identify possible strategic partners and stakeholders to join us in the Freedom 2030 project. • Identify hurdles, challenges and next steps.
  • 8.
  • 9. Energy in the Caribbean • Resources: sun, wind, ocean • Standards: oil, gas
  • 10. The Risk… What is at stake? ▫ High Cost of Energy ▫ Carbon Taxation ▫ Climate Change – Storm Events – Sea Level ▫ Tourism Impacts ▫ Quality of Life
  • 11. Bahamas Domestic Production v. Consumption $277 $7,000 $6,000 Financial & Business Services $2,493 $5,000 Manufacturing $416 Value ($ MM) $4,000 Tourism Construction $1,200 $3,000 $2,000 Hospitality $2,540 Elec. Production $578 $1,000 Oil Imports $759 Domestic Exports $674 $- Revenue (GDP) Costs Earnings
  • 12. US Energy Flow Lawrence Livermore National Laboratory
  • 13.
  • 14.
  • 15. Bahamas Electricity Consumption Projections 3,500 3,000 2,500 Energy (GWh) 2,000 1,500 1,000 +58% 500 (1162 GWh) 0 1980 1985 1990 1995 2000 2005 2010 2015
  • 16.
  • 17. Source: US National Ocean and Atmospheric Administration (NOAA) / UK Climate Research Institute
  • 18. “Warming of more than 10C above today’s level will make the Earth warmer than it has been in a million years”. Dr. James Hansen, NASA GISS
  • 19. “Business-as-usual, with fossil fuel CO2 emissions continuing to increase will mean an additional 0C to 30C this warming of 2 century and will make the Earth a different planet.” Dr. James Hansen, NASA GISS
  • 20. “At20C to 30C the new equililibrium sea level is approximately 25 meters (80 feet) higher than today. Real world data suggest sea level changes in centuries rather than millenia.” Dr. James Hansen, NASA GISS
  • 21. New Haven Montauk New York City Long Beach Atlantic City Weiss and Overpeck, University of Arizona Wildwood
  • 22. New Haven Montauk New York City Long Beach Sea Level +1M Atlantic City Weiss and Overpeck, University of Arizona Wildwood
  • 23. New Haven Montauk New York City Long Beach Sea Level +6M Atlantic City Weiss and Overpeck, University of Arizona Wildwood
  • 24. Dover Ocean City Hampton Weiss and Overpeck, University of Arizona Virginia Beach Norfolk
  • 25. Dover Ocean City Hampton Virginia Beach Sea Level +1M Norfolk Weiss and Overpeck, University of Arizona
  • 26. Dover Ocean City Hampton Virginia Beach Sea Level +6M Norfolk Weiss and Overpeck, University of Arizona
  • 27. Baton Rouge Lake Beaumont Charles New Orleans Weiss and Overpeck, University of Arizona
  • 28. Baton Rouge Lake Beaumont Charles New Orleans Sea Level +1M Weiss and Overpeck, University of Arizona
  • 29. Baton Rouge Lake Beaumont Charles New Orleans Sea Level +6M Weiss and Overpeck, University of Arizona
  • 30. Jacksonville Panama City Daytona Beach St. Petersburg Fort Meyers Ft. Lauderdale Miami Weiss and Overpeck, University of Arizona
  • 31. Jacksonville Panama City Daytona Beach St. Petersburg Fort Meyers Ft. Lauderdale Miami Sea Level + 1M Weiss and Overpeck, University of Arizona
  • 32. Jacksonville Panama City Daytona Beach St. Petersburg Fort Meyers Ft. Lauderdale Miami Sea Level + 6M Weiss and Overpeck, University of Arizona
  • 33. Additionally…. • How to maintain energy affordability with $100/barrel oil? • Impact on foreign direct investment for tourism and other national industries as energy prices continue to rise? • How will The Bahamas afford to keep its economy running?
  • 34. The Opportunity Land Area = 484 km2 Population ~ 8,300 Electrical Consumption = 45,737 MWh Annual Gas Consumption = 1,550,000 gal Annual Diesel Consumption = 432,000 gal Annual Carbon Liability = 47,856 tons CO2e
  • 35. The Opportunity Solar Resource = 5.3 kwh/m2/day Available Annual Radiation = 936,000,000 MWh. PV Required to Produce Est. Power = 55 MW Land Area = 0.08% (425,000 m2) Cost/KwH = $0.20
  • 36. Solar Energy that Falls on Each Square Foot in a Year by Surface 700 Roof South Facade 600 Consumption 500 KBtu / SF / YR 400 300 200 100 0 al a H ue ua go a tle l ti a nt ic BA ci rq ag ca at R tla er en ue Se ar u, hi m ta A id sa C ic om os uq es N as C lb R C A N l/ ia r st du In
  • 37. Solar Energy that Falls on Each Square Foot in a Year by Surface 700 Roof South Facade 600 Consumption 500 KBtu / SF / YR 400 300 200 100 0 al H a ue ua go a tle l ti a nt ic BA ci rq ag ca at R tla er en ue Se ar u, hi m ta A id sa C ic om os uq es N as C lb R C A N l/ ia r st du In
  • 38. Eleuthera Energy Supply By End Use (in 1,000 x MBTU) 1,700,000 Diesel Electricity Diesel Fuel Gasoline 560,000 5,300,000
  • 39. Electrical Energy Supply Eleuthera Energy Sold Eleuthera Diesel Energy Supplied Lost Energy = 70% 0 1E+11 2E+11 3E+11 4E+11 5E+11 6E+11 BTU
  • 40.
  • 41. Wind Resources = 5.6 m/s Annual Average 10 MW Capacity produces ~ 16.8 Gigawatt hours annually
  • 42.
  • 43.
  • 44.
  • 45.
  • 46.
  • 47. Biofuels 1 MM GPY Waste Oil Plant 2,000 Acres of fallow land for the production of algae based oils using brackish water (6 MM GPY) and converted to biodiesel Large Scale Job Creation Carbon Credits
  • 50.
  • 51.
  • 52.
  • 53.