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The Role of Earth Observation Satellites in Maximizing Renewable Energy Production: Case Studies Analysis for Renewable Power Plants

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  • Mariarosa Argentiero

    (Department of Law and Economics, Unitelma Sapienza University of Rome, Viale Regina Elena, 295, 00161 Rome, Italy)

  • Pasquale Marcello Falcone

    (Department of Business and Economics, University of Naples Parthenope, Via Generale Parisi, 13, 80132 Naples, Italy)

Abstract

This paper is based on a novel approach towards clean energy production, i.e., space innovative applications toward sustainable development. Specifically, the role of Earth observation (EO) satellites in maximizing renewable energy production is considered to show the enormous potential in exploiting sustainable energy generation plants when the Earth is mapped by satellites to provide some peculiar parameters (e.g., solar irradiance, wind speed, precipitation, climate conditions, geothermal data). In this framework, RETScreen clean energy management software can be used for numerical analysis, such as energy generation and efficiency, prices, emission reductions, financial viability and hazard of various types of renewable-energy and energy-efficient technologies (RETs), based on a large database of satellite parameters. This simplifies initial assessments and provides streamlined processes that enable funders, architects, designers, regulators, etc. to make decisions on future clean energy initiatives. After describing the logic of life cycle analysis of RETScreen, two case studies (Mexicali and Toronto) on multiple technologies power plant are analyzed. The different results obtained, when projecting the two scenarios, showed how the software could be useful in the pre-feasibility phase to discriminate the type of installation not efficient for the selected location or not convenient in terms of internal rate of return (IRR) on equity.

Suggested Citation

  • Mariarosa Argentiero & Pasquale Marcello Falcone, 2020. "The Role of Earth Observation Satellites in Maximizing Renewable Energy Production: Case Studies Analysis for Renewable Power Plants," Sustainability, MDPI, vol. 12(5), pages 1-19, March.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:5:p:2062-:d:329671
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    References listed on IDEAS

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    1. Hendrik Marx & Silvia Forin & Matthias Finkbeiner, 2020. "Organizational Life Cycle Assessment of a Service Providing SME for Renewable Energy Projects (PV and Wind) in the United Kingdom," Sustainability, MDPI, vol. 12(11), pages 1-21, June.
    2. Idiano D’Adamo & Pasquale Marcello Falcone & Michael Martin & Paolo Rosa, 2020. "A Sustainable Revolution: Let’s Go Sustainable to Get Our Globe Cleaner," Sustainability, MDPI, vol. 12(11), pages 1-5, May.
    3. Walter Leal Filho & Abdul-Lateef Balogun & Dinesh Surroop & Amanda Lange Salvia & Kapil Narula & Chunlan Li & Julian David Hunt & Andrea Gatto & Ayyoob Sharifi & Haibo Feng & Stella Tsani & Hossein Az, 2022. "Realising the Potential of Renewable Energy as a Tool for Energy Security in Small Island Developing States," Sustainability, MDPI, vol. 14(9), pages 1-21, April.
    4. Stéphane Abanades & Sylvain Rodat & Houssame Boujjat, 2021. "Solar Thermochemical Green Fuels Production: A Review of Biomass Pyro-Gasification, Solar Reactor Concepts and Modelling Methods," Energies, MDPI, vol. 14(5), pages 1-33, March.

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