Pines and pineapples vie for space on El Hierro, a tiny rugged Canary island that has gone all out to produce all its electricity from renewables, attracting global attention in the process.
On Feb. 15, the remote Spanish island nestled deep in the Atlantic off the coast of Africa managed just that — for the first time, its hydro-wind plant produced enough electricity for the 7,000 inhabitants for more than 24 hours.
With its rugged coastline of great black volcanic cliffs, badland moonscapes and ancient forests, the island, which is slightly smaller than Malta, is a UNESCO biosphere reserve, an area designated to promote its biodiversity and sustainable use.
Photo: AFP
It has long dreamt of ending its reliance on diesel fuel, which is transported by boat from its bigger sister island of Tenerife to produce energy — after having been shipped in from further afield.
“To have total energy sovereignty ... in an isolated territory is important,” says Tomas Padron, the former head of El Hierro and instigator of the project.
So it was that in June 2014, authorities inaugurated the Gorona del Viento plant, which combines five wind turbines planted on a hill with one water retention basin further up, and another further down.
When the wind falls, water in the upper basin is released into the lower basin, passing through turbines that generate hydro power.
This unique combination “is very promising” as it solves the problem that renewable energy production is intermittent, said Joelle Noailly, head of research at Switzerland’s Centre for International Environmental Studies.
Other European islands, like Denmark’s Samsoe and Eigg off the coast of Scotland, are also trying to generate all of their energy needs through renewables, but their plants do not combine wind and hydraulic power.
And while Samsoe could be hooked up to the Danish electricity grid via an underground cable, the topography of El Hierro’s seabed makes it impossible to connect to the Spanish grid.
El Hierro’s aim initially was to cover 100 percent of its electricity needs within a few months — an objective that has still not been achieved nearly two years on.
Juan Pedro Sanchez, head of the Gorona del Viento plant, says that the average is closer to 50 percent.
“It takes time to get this type of plant going, it’s never been done before,” he says.
Electricity grid operator REE still needs to be convinced that it can rely 100 percent on renewable energy for long periods of time, he says.
Wary of power outages, the company still prefers to produce electricity from fuel, Sanchez says.
And then the two water reservoirs are not big enough to produce “clean” electricity all year round, and there are no plans to build another.
However, despite these setbacks, the project has generated huge interest, particularly from fellow islands that are directly threatened by global warming.
Representatives from the Seychelles, Indonesia, Japan and Aruba in the Caribbean Sea have already come for a visit.
“It is a workable model that can be replicated,” International Renewable Energy Agency analyst Emanuele Taibi says.
And apart from the thousands of tonnes of carbon dioxide that have been prevented from weaving their way into the atmosphere thanks to Gorona del Viento, nearly 3,000 tonnes of fuel oil have been saved, according to utility giant Endesa, which owns 23 percent of the plant.
That represents 1.2 million euros (US$1.4 million), although residents have yet to feel the benefits.
“The electricity bill has remained the same,” says Claudia Barrera, an unemployed, 32-year-old secretary, as she eats breakfast in a cafe in Valverde, the island’s diminutive capital, which has no traffic lights.
Belen Allende, the current head of El Hierro’s so-called cabildo or local administration, says this is down to Spanish legislation that does not allow its 17 semi-autonomous regions to fix their own electricity prices.
However, she says that the money saved will go toward other projects.
Apart from the obvious environmental benefits, the island wants to use its green image to attract tourists and scientists.
A few thousand visitors tread El Hierro’s shores every year — many of them nature-loving hikers or divers — compared with the 5 million or so who visit the better-known Tenerife annually.
The plant itself has already attracted several thousand visitors — people who “eat, rent a car, a flat or a room,” says Amos Lutzardo, head of the tourism center of the island, where unemployment stands at about 27 percent.
Xavier Verdaguer, a Spanish entrepreneur who lives in San Francisco, was part of a small group of 10 people who recently visited the site, snapping up pictures of the turbines and water reservoir.
“We can see how an innovative project works,” he says.
And the cabildo wants to go further than just generating green electricity, with plans for a 100 percent “clean” island complete with electric cars and organic farming.
“This is the backbone of our model of sustainability,” Allende says.
The domestic unit of the Chinese-owned, Dutch-headquartered chipmaker Nexperia BV will soon be able to produce semiconductors locally within China, according to two company sources. Nexperia is at the center of a global tug-of-war over critical semiconductor technology, with a Dutch court in February ordering a probe into alleged mismanagement at the company. The geopolitical tussle has disrupted supply chains, with some carmakers reportedly forced to cut production due to chip shortages. Local production would allow Nexperia’s domestic arm, Nexperia Semiconductors (China) Ltd (安世半導體中國), to bypass restrictions in place since October on the supply of silicon wafers — etched with tiny components to
Taiwan’s foreign exchange reserves fell below the US$600 billion mark at the end of last month, with the central bank reporting a total of US$596.89 billion — a decline of US$8.6 billion from February — ending a three-month streak of increases. The central bank attributed the drop to a combination of factors such as outflows by foreign institutional investors, currency fluctuations and its own market interventions. “The large-scale outflows disrupted the balance of supply and demand in the foreign exchange market, prompting the central bank to intervene repeatedly by selling US dollars to stabilize the local currency,” Department of Foreign
Taiwan is open to joining a global liquefied natural gas (LNG) program if one is created, but on the condition that countries provide delivery even in a scenario where there is a conflict with China, an energy department official said yesterday. While Taiwan’s priority is to have enough LNG at home, the nation is open to exploring potential strategic reserves in other countries such as Japan or South Korea, Energy Administration Deputy Director-General Chen Chung-hsien (陳崇憲) said. While the LNG market does not have a global reserve for emergencies like that of oil, the concept has been raised a few times —
AI-FUELED DEMAND: The company has been benefiting from the skyrocketing prices for DRAM chips amid the AI frenzy, especially its core product — DDR4 DRAM chips DRAM chipmaker Nanya Technology Corp (南亞科技) yesterday reported that its revenue for the first quarter surged 582.91 percent to NT$49.09 billion (US$1.54 billion) from NT$7.19 billion a year earlier, as the supply crunch caused chip price spikes. Last quarter’s figure is the highest on record. On a quarterly basis, revenue jumped 63.14 percent from NT$30.09 billion, the company said. In January, Nanya Technology expected global DRAM supply scarcity to continue through the first half of 2028, thanks to strong demand for artificial intelligence (AI) applications. Market researcher TrendForce Corp (集邦科技) forecast prices of standard DRAM chips would rise between 58 percent and 63