Odin Energy - Augmented Wind-Based Decentralized Energy Resource

Odin Energy developed Odin Tower, an wind-based innovative decentralized energy resource system. Odin Tower takes advantage of the Bernoulli effect to augment wind energy and to generate larger electricity from the same wind.

Odin Tower has a stacked structure to utilize the fact that wind becomes stronger at higher altitude, and uses much smaller land than traditional wind or solar systems.

Other strengths include lower noise and vibration, and structural stability.

See Odin Energy's technology work.
https://www.youtube.com/channel/UCk0OHsom9fPsM0Y7cO_MB1w/

Transcript

1. Odin Energy Augmented Wind Based Decentralized Energy Resource
2. Odin Energy makes a practical system to provide clean electricity to the world 2
3. Problems Access Provide electricity to all people Clean Convert to clean energy 3
4. 860 m Population without electricity (Source: IEA) 19.4% electricity % in final energy consumption (Source: IEA) 140 m Predicted # of electric vehicle in 2030 (Source: IEA) Problem - We need more electricity 4
5. 7 m Premature deaths due to air pollution (Source: WHO) 2.6 bn People without access to clean cooking (Source: IEA) 10.4% % of renewable in total energy consumption (Source: IEA) Problem - We need cleaner energy 5
6. Renewable “Farm” Solutions in 2020 Macro Grid 6
7. Grid investments & costs Macro Grid problems Electricity loss from grid Transmission and distribution loss (2014) • Congo 45% • India 19% • Mexico 14% • Indonesia 9% • France 6% • USA 6% • China 5% • Korea 3% • World 8% Source:The World Bank 7
8. Solar Problem - Needs large land area Source: https://www.hankookilbo.com/Ne ws/Read/201908211279061500 8
9. Solar Problem – low generation efficiency 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% Hydroelectric Wind Solar PV Solar Thermal Capacity Factors for Utility Scale Generators (USA) Source: U.S. Energy Information Administration 9
10. Solar Problem – panel material issues • Solar panels use lead, cadmium, and other noxious chemicals • Glass from PV is hard to recycle due to these materials • Burying solar panel wastes can make toxic materials to permeate the soil 10
11. Wind Problem – ineffective use of wind • Current wind power does not fully utilize energy of turbulent winds • Actual wind can be turbulent, not laminar flows that blow in multiple directions • Turbulent winds cause fatigue of the wind system, leading to failures • Current wind systems cannot generate power with a weak wind Laminar vs. Turbulent flows 11
12. Wind Problem – noise, vibration “The Germans fighting wind farms close to their homes” (DW.com, 2019-11-26) •"when strong winds push the rotors at full speed to generate electricity, they make a continuous whooshing sound like faraway planes flying by." •"Economy Minister Peter Altmaier drafted a law this month that would require new turbines to be built at least 1,000 meters from a residential area, defined as being made up of at least five houses." •“… could reduce the already limited space that can be used for wind farms by 20% to 50%” 12 https://youtu.be/Mk5zMxYVca0
13. Wind Problem – frequent failures • Mechanical failures at least once in 1 to 2 years • Vibration due to the high pole • Some systems fail more than 10 times a year • At least a few days to repair the system • It takes longer if components come from overseas 13
14. Wind Problem – bird strikes U.S. Fish & Wildlife Service • “… bird deaths from turbine collisions are between 140,000 and 500,000 birds per year.” • “As wind energy capacity increases … mean bird deaths resulting in collisions with turbines could reach 1.4 million birds/year.” Source: https://www.fws.gov/birds/bird-enthusiasts/threats-to- birds/collisions/wind-turbines.php 14
15. Odin Tower is augmented wind based decentralized energy resource 15
16. Odin innovation – better utilization of winds Bernoulli principle-based structure • Wind becomes faster entering the tower • Can generate with slower winds • Larger power created at the same-speed wind • Turbulent flows become laminar flows on entering 16
17. Odin innovation – stacked tower Tower built by floor • Install capacity to suit purpose • 10KW to 1MW per tower • Diameter from 10m to 36m • Repair failed floor, operating the others • Solar panels can be put on top and sides • Bird strike is rare thanks to visible tower • Lower floors can be used for various purposes 17
18. Odin innovation – robust structure Turbine fastened up and down • Low vibration and noise • Can generate with strong wind • Low failure rate 18
19. Odin Tower can generate 4x electricity as regular small wind systems Wind speed Height effect* Guide wall effect** Output electricity*** 12 regular small wind turbines on land 1 - - 1 12-story Odin Tower 1 x1.25 x1.3 4.3 19 *Following Deacon equation **Odin experiences, including Bernoulli effect ***Power output increases cubically with wind speed
20. Odin business model – product sales Product • Sell Odin system modules • Basic Odin business model • Outsource production Installation • Build structure and install Odin system • Engineering companies • Partner with Odin • Odin may do this for early projects Operation • Operate electricity generation • Real customer of Odin • Place an order of installing Odin system 20
21. Odin system main modules Generators Blade arms Control Cabinets Blades 21
22. Over 300 bn USD global market annually 296 318 298 284 289 308 312 310 308 311 0 100 200 300 400 500 600 700 800 900 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Global power investment (bn USD) Electricity networks Nuclear power Fossil fuel power Renewable power Source: IEA 22
23. Technology development history 2007.09 Started R&D 2011.11 Started constructing tower for field test 2013.12 Founded Odin Energy 2015.10 Validated power output with and without Odin structure (Korea Testing & Research Institute) 2017.09 Validated power output, wind augmentation effect, noise (Jeju Energy Corporation) 2017-12 Finalized validations 23
24. Technology IP and recognition Patents • 118 patents filed in 57 countries. 57 registered • 6 Korean patents registered Award & certification • CE certified for wind power generator (2015-08) • Renewal energy award (2016-10, Korean Ministry of Trade, Industry and Energy) • Climate Technology award (2017, Korean Ministry of Science and technology) • Smart City technology award (2018-09, Korean Ministry of Land, Infrastructure and Transport) 24
25. Target market Remote areas City buildings EV stations Downtown 25
26. See Odin Energy videos 26 • Odin Energy overview • Technology demonstation • Test setting - Odin vs. regular wind power • Making turbulent wind laminar • Augmenting wind power • Working at slower wind