How Intrenex will solve these Problems

So what new solution will bring us a large step forward?

Firstly, the solution does not use large amounts of photovoltaics (PV) and neither does it contain PV with batteries. Photovoltaics are way too expensive and deliver way too little net energy.

If you attach a battery to a off-grid PV System you face the following problems:

Emptying and recharging the battery puts a severe strain on the chemical condition of the battery, which is why you can only use a maximum of about 90% of the battery content if you wish to recharge more than about 5000 times (15 years of use). No Battery manufacturer gives you a guaranteed power availability of more than 80% after more than 7 years (including Tesla).

Example :
Storage with 6.3 kWh Capacity
90% discharging depth = 5.67 kWh
5,000 charging cycles = 28,350 kWh
85% battery and converter efficiency = 24,097 kWh usable capacity
9,000 Euro for the battery system
9,000 Euro / 24,097 kWh = 37.3 Cent/kWh
(Source: www.energiesparverband.at)

This is a price that is acceptable for rich people that want to feel good about their electricity but not a basis to power an industrialised civilisation.

Even attaching a PV to the grid and dumping the harvest (without asking who maintains the grid stability) it will only provide very little net energy gain over time in most European regions. The thing that matters here is how many kWh can be produced in what time period. In Germany average annual PV production is 950 kWh per KW installed. That really is a poor number for the economy as a whole.

PV is a solution to deliver solid state materials based energy production to a rural area in an underdeveloped region of the world where there is no electricity grid. It might help to charge a mobile phone, have some hours of TV or radio on a day and some light in the evening hours for the children to do their homework. PV does not deliver enough net energy over time for a competitive price to run an industrialised civilisation.

PV might be a small possibility, with much lower prices than today, in the Sahara desert but PV energy goes to zero in the dark – whereas a thermal power plant in the desert can store significant amounts of heat energy collected during the day to continue operation for up to 5 hours in the evening after sunset. From the electricity demand side we can see that a significant amount of electrical energy is required until 11 o’clock in the evening. We will need some efficient energy storage to do that and batteries are not suitable for that large scale. We will use thermal storage for thermal power plants. This is a well known technology, it is cheap, reliable and it can store enough energy so that the supply does not need to be interrupted due to no sunshine. But in the end the number of thermal power plants we plan to build will be very small as they are quite expensive compared to wind power and are only suitable at a very limited number of locations.

The calculations show that using PV will be viable when the price goes down to about a sixth of today’s price (that is not in sight). Then a PV area can be combined with a thermal power plant to deliver electricity during daytime and the field for the thermal plant can be reduced in size but still fill the storage for the evening hours. The PV field can then step in during day time and the cost can be reduced while maximum electrical output is maintained.

PV has a high energetic cost and it can only deliver a small net energy during its life time. (It has an EROEI of 7 but to run our civilisation we already need an EROEI of at least 7 just to keep up with the energetic maintenance. Wind power has an EROEI of about 16). We must use the most efficient sources of WWS [1] energy in all ways possible. Current PV prices are simply not economical when looked at the overall delivery of energy to our society.

If we want to maintain an advanced civilization with WWS [1], we must use the tools with the maximum net energy gain and that is mainly wind. For optimum efficiency, you must use locations, that can deliver the maximum amount of full load hours in a year.

Recently a part of the Noor solar power plant was opened in Morocco. The entire facility combines PV, parabolic trough power plants and a concentrated solar tower plant. PV is only used in a small amount. Would you claim that the King of Morocco did not make a wise decision because he did not install PV only?

How do we know that the INTRENEX Supergrid is the best solution?

The transnational energy sytem INTRENEX proposes is based on a scientifc computational approach to find the optimum renewable energy supply for Europe and beyond. This study was conducted by Dr. Gregor Czisch and here you can find all the details. As early as 2005 with the WWS [1] technology and prices available at that time, a minimum price of 4,65 €ct/kWh could be achieved. It was also clear, as this path results in the optimum energy system for Europe, that it could have helped to guide the political decision making process concerning energy security and climate change as early as 2001, when the first academic paper about the findings was published by Dr. Gregor Czisch. For some unknown reason it was decided that a very expensive decentralised approach using subsidies should solve these problems instead. Unfortunately this decentralised approach is currently reaching it’s cost limits and we did not even switch off a single coal fired power plant in Europe in the last 15 years, but spent a lot of money on trying to do so.

The optimisation found out that:

1. The energy available in the atmosphere in that region is several times the energy required year round.

2. The positions and plant types (PV/Solar/Wind/Hydro/Biomass) could be placed in such way that they always were able to produce at maximum efficiency and minimum distance to the consumers.

3. Thus the smallest possible installation was required and an optimum layout for the grid was calculated.

4. Every aspect of the solution should be optimised to deliver the cheapest price for the electricity being delivered for the end consumer and there should never be a situation when there was not enough energy in the network.

Here is a simple image of a possible grid:

source : G. Czisch
source : G. Czisch

Leveling out energy production over a large region:

source: G Czisch
source: G Czisch
The most frequently mentioned arguments against WWS [1] are the following:

1. The intermittency problem can not be solved (proven wrong due to levelling out over a large region)

2. The price for the resulting energy is too high (proven wrong as already in 2005 the optimum resulting price was 4,65 €ct/kWh)

3. The amount of net energy for the investment is too little (proven wrong as only places that obtained the maximum possible revenue were used for energy harvesting)

4. The investment price for all-WWS [1] is too high (proven wrong – only if you invest in bad locations!)

5. There is not enough energy storage available (proven wrong, the proposed solution only needs moderate storage, mainly hydro)

6. WWS [1] can not provide enough energy in winter (proven wrong, biomass grows in summer and can be used in winter and still has a huge potential. Google for Miscanthus)

7. PV is great (proven wrong, PV is too expensive for the little contribution it brings)

Read the entire study here (german)

Many people will not like an approach that uses large installations because they claim that decentralised energy gives the power into the hands of the people and is technically easy.

All decentralised energy systems need some form of “smart” grid management and the more decentralised the system gets, the more effort has to be made to balance out intermittencies. The grid they rely on to balance out these problems is a centralised structure and the decentralised power suppliers are only shifting these balancing efforts to other entities (the public).

Think for yourself: If you had 5 Million Euros and bought a windmill – would you put it in a location where it produces energy for 2,000 full load hours, or where it produces energy for 4,000 full load hours in a year?

INTRENEX proposes a “transnational energy cooperative” where every investor in the new system will receive clean electrical energy for his investment. This solution in some way is a solution, where every single investor owns their part of the whole. It is technically centralised but decentralised in ownership.

Why is that not being done ?

 

For a wind turbine investor it is not as important how much net energy is being delivered as how much money he gets back. It works like this:

In the beginning, the investor “windmillinvestment.com” has zero money. The investor can negotiate with a bank to give him a cheap credit of, for example, 500 Million Euros. If the investor also owns the “windmill.com” company that produces windmills, the investor can sell the credit to himself by buying the wind turbines from himself. Windmill.com immediately has a net profit of 500 Million Euros. The investor part of Windmill.com has a small credit running but that is of little concern, because when the wind turbines produce energy there is a guaranteed state subsidy to whom the electricity is sold. He simply has to wait and after a while the credit is paid down but the investor windmillinvestment.com and windmill.com has made a gain of 500 Million Euros. The Investor is not interested in selling low cost electricity because that threatens his profitability (and the time to pay down the windmill). He simply calls upon the state and the public to pay for his investment in a decent time and waits until it is paid down. No one is interested in selling cheap energy or in the resulting energy price for the consumers because the state guarantees the income and the net profit for the investor is all that counts here.

The point we want to make very clear here is
1. WWS [1] built in a decentralised fashion are way too expensive for our future energy need
2. WWS [1] built in densely populated areas in Europe face severe public aversion
3. WWS [1] built in a decentralised fashion will need to be installed in much higher quantities as the overall efficiency is too poor
4. Subsidies promote the build up of inefficient WWS [1] sources
Germany at the moment has “promised subsidies” amounting to 100 Billion Euros for all the installations being done but

1. No coal fired plant in Germany has yet been shut down due to WWS [1] (instead there is a build up of at least 10 more GW coal fired plants in Germany)

2. Germany has not reduced its CO2 emissions in over 20 years of WWS [1] energy subsidies

3. That is also due to the fact that the economic theory of carbon taxes is not working as the European Union is handing out too many certificates so as not to  “disturb” the economy. (Wait! There is a proposal for an “upstream carbon tax” that looks promising but it must be implemented over the entire globe. Possible, but not in the near term. That might come on the table when climate change reaches 2°C…)

4. The WWS [1] built in a decentralised way within Germany are simply not efficient enough to power the industrialised German society.

All that money will have to be paid back by German electricity consumers over a period of about 20 years.

The decentralised method of using subsidies on a national level was a good strategy in the beginning to harvest the best locations within the EU. But currently the subsidy system is reaching its limits because the most efficient locations are already “sold” and the vast majority of new locations for the larger remainder (way more than 60%) will be very inefficient locations.

INTRENEX will build a mathematically optimised energy system that has shown that already in 2005 a minimum price of 4,65 €ct/kWh for WWS [1] was possible with energy harvested in the most efficient locations around Europe and northern Africa.

A little more detail:

Large industrial appliances are written off over a set period of time. That means the producer of the factory provides an estimate for how long a factory can work until it needs to be replaced. For coal fired power plants that period is about 40 years and for standard WWS [1] appliances that INTRENEX will use this period is usually 20 years (new technology, limited experience in longevity).

For example if you buy a 5 MW wind turbine (5000 kW) which costs for example 10 Million Euros, the turbine must make 10.000.000 Euros/20 years = 500.000 Euros in a year. If we sold the energy for 5ct/kWh and can generate 5000 kWh in one hour, we can make 250 Euros in one hour. So the wind turbine has to run for at least 2000 hours a year. If the wind turbine is in a location where it can generate electricity for 4000 hours it will take us 10 years to pay down the entire facility. (We will leave some additional costs out at the moment for spare parts and the credit interest.). So every 10 years we can buy a new windmill and have two mills after 10 years that will enable us to buy two more after another 10 years, giving us 4 after 20 years and so on. Of course after 20 years the first turbines installed may subsequently need to be replaced, so in the end only a lower growth rate is possible.

That is the concept of the doubling time.

Let’s see: In Europe we will have to replace something like 1000 GW of electricity.

(source: www.kraftwerkskarten.de)
(source: www.kraftwerkskarten.de)

Let’s assume we double our efforts every 10 years,

When will we have reached the goal?

Doubling time 10 years starting with 1 GW

We will be finished after 100 years, or in 2120 when we start in 2020 due to preparations. To be finished in 2120 is not early enough when we want to limit climate change in a significant manner and the largest reduction has to come at the end!

To significantly reduce our troubles with climate change and energy availability we must be finished in 2050, that is 30 years! If we need 10 doubling times to do that, it requires a doubling period of only 3 years!

In this table you also see another aspect of the project: after the regular operative time for the installations is asumed to be (at least) 20 years, we will in the end have to replace the full park every 20 years (well, the technology will improve here a lot). So when we have a doubling period of 10 years we will need to replace half of the park in 10 years. That is depicted in the green numbers that show the “maintenanve level”.

Ok, let’s keep it here for a moment. We want a doubling time of 3 years but we also want to build 512 GW of WWS [1] energy in the last period which is an awful lot of machinery to be built in a very short time! And this is in Europe only. If we want to upgrade the whole world, we will have to replace 6000 GW of fossil fuel power plants, meaning we will have to do the same in 6 different locations of the world at the same size at the same time! Sounds impossible? Well we will have to do that. It would be easier if we consumed less but that is improbable if everyone wants an electric car….

To replace all fossil fuelled power stations in the European region we may need to spend more than 1 trillion Euros.

Let’s think about it some more:

1. The price of for a new energy system will have to be paid by you, the consumer of the energy – assuming that you want to replace fossil fuels.

2. You can not have the new energy future without spending huge amounts of money.

3. Even if the state came out and provided this large sum, the citizens of the state will have to pay back this in some way.

4. Yes, there is a possible future with the so called “Generation IV nuclear reactors” which create a lot of energy burning down highly radioactive wastes to lower activity wastes which can be easily dumped somewhere. This energy future is still in the making, and only concepts exist but a commercially viable unit is years off and to build thousands of them (6000 globally) would also need several decades, and will cost a lot of money that YOU will have to spend in the end. This technology is in the “invention phase”. It has not yet been proven to be as reliable as the proponents of this technology claim. This technology will have to handle huge amounts of Plutonium which is the most toxic thing that we know of. If a plant goes down due to a failure it will not have the effect like Fukushima or Chernobyl that spews out the toxic waste but the core of the reactor will then be so toxic and has to be sealed for millennia that it will result in some sort of black hole, with danger emanating from the site for ten thousands of years. That is a cost that is not included in the the price tag for these new reactors and again, in case of a failure you will have to pay that. Besides there is a huge risk to the genetic database of our biosphere.

5. The energy system INTRENEX proposes is a) technologically possible b) the most efficient system and c) has a low ecological impact besides needing a lot of material to be built – but that material has to be dug out anyway for any kind of future power generation.

6. In this document the international energy agency proposes to invest something like US$ 23 Trillion in new fossil fuel extraction until 2035! Do you want to hand out that money?. Another big player has a more recent study that wants to increase CO2 production by 34% until 2040. Do you want that to happen? Whenever you flip the light switch and drive your car, you decide and you pay.

7. In any system you choose, you and your children will have to pay for it.

Now we have to talk a bit about the grid that connects all the remote places with very efficient locations to the centres of the European populations. This grid will be made with a technology called High Voltage Direct Current or HVDC Transmission for short. These lines have a maximum loss of about 3% per 1.000km and that only when the line is working at maximum load. The lines will certainly not operate at maximum load at all times, so the losses will be considerably smaller. This technology is well known and available on the market at large sizes and for large distances. (Wikipedia) So we will have to spend an additional amount for these HVDC lines.

The question is, how much will the new system really cost in Euros. This really is a tough question because not so many plants have been errected yet in the regions we plan to do it. In Europa, Asia and America more data is available. The prices per site developed so far have such a high variation that it is from today’s standpoint impossible to predict what the price will be for the INTRENEX installations, but we will use the units with the lowest price per unit at the optimum size per unit approriate to the location.

1. Most wind parks built so far are usually quite small from 20 to a few 100 MW and each single project has certain minimum costs that we can leverage down due to the very large sites we plan to develop (at least 1 GW each)

2. The prices listed in industry data usually have a large percntage of grid connectivity costs. We have in our prototype made an extra investment for this, so the site price reduces further.

3. On the one hand, we will have to ship the units for a longer distance and it is open, how large the public works costs will be for streets and the like but on the other hand the working hour price in some countries having good locations might be much lower than in Europe.

We have designed a so-called UNIT ONE that consists of the following components:

80% for WWS [1] energy together with 20% for some edges of the grid per unit for a total sum that is yet to be discovered.

So how do we complete the task in 30 years? Well we could start with higher amounts of GW for the first installation for example build 4 GW to start with, so we save 2 doubling periods. Second we can ask for a higher price to be paid so that the doubling period might go down to 3 years.

Doubling time 3 years starting with 4GW

We see that when we start with a larger UNIT ONE and reduce the doubling times we can be finished with the task a lot earlier. We actually want to start in 2022 at the latest and finish by 2050, meaning we will have some 30 years time, or 10 doubling periods of 3 years. In the end, we will have a maintenance effort of reinstalling about 150 GW of power plants every 3 years. That still is a lot but we think in 2050 machinery might be available, that lasts a bit longer than 20 years.

Please have a look at the [energy fundamentals] where in the last section a model is presented for future energy consumption patterns. When we are really able to reduce our energy needs maybe to a half, the final installation size will be much smaller and cost much less in terms of money and resources.

How will this be paid for?

Intrenex will be your full spectrum renewable energy provider. We will finance the build-up of a fast energy transition. We will generate the electicity for a large number of customers in and around Europe at a very competitive price. We will be your electrical utility company and sell 100% renewable energy to you.

The question of all questions is of course: What will be your price for that ?

This is a bit difficult to say. Our calculations show that for a price that leads to the high growth rate of doubling everey three years, we need a theretical maximum price of 14 €ct/kWh. This is by the way the current average price for households in the EU. This price can only be lower depending on how much institutional investment we can attract and how much the interest rate for that will be, but the minimum achievable price in the end for 100% renewable electricity for 1,1 Billion people in and around Europe can be as low as

4,65 €ct/kWh

The lower the price, the lower the income (equity) and the lower will be the growth rate. So the price must be as high as possible for the growth of the INTRENEX system but as low as possible for the customers and that depends on the overall financing reality that will emerge. One thing is for sure: the resulting energy price, when there has been a significant buildup of the INTRENEX system can be as low as 4,65 €ct/kWh

We must take into account that we are looking at a really large timespan of several decades and the efficiency for the installed machinery can only go up and the cost for their usage down.

One thing is certainly clear: Energy installations have a certain fixed price (maintenance costs) and a variable price that is €ct/kW of rated power. The more kWh we produce with a certain installation, the lower the variable price will be. When we asume that in Europe onshore wind installations barely deliver 2000 full load hours whereas in the optimum locations that INTRENEX will use, the installations might deliver even more than 4000 full load hours, it becomes clear that INTRENEX can produce electricity at a much lower variable price, thus being competitive with the price level of other installations that do not operate at their maximum efficiency and annual output per kW installed.

Of course there exists a small additional cost for the new grid structure but this will be very low due to the very long life of these components of 100 years or more.

The exact figures will only become clearer, the closer we come to the realisation of the project and that alone has a huge uncertainty.

Now we want to present

The investment strategy:

INTRENEX wants you to become an investor in your own energy future. We want to convince you that the INTRENEX goal is possible, viable and that you can actively participate in it. To help INTRENEX to build up our new energy system, INTRENEX will develop a new investment product that works like an [energy-future]. You invest in INTRENEX and INTRENEX will return electricity for that money to you later when the installations are finished. That is all there is to it!

It will of course have some additional features, to be explained in more detail in a later stage of the project – but currently we plan to sell you a certificate that entitles you to electrical energy from INTRENEX at a future date when the investment has created the real installations.

A public investment for the huge sums required has never been tried before, and this makes it very difficult to predict how many people will want to join the project. As we laid out in previous sections, some reasonable sized investments start at 1 Billion Euros and go up to 10 Billion Euros.

What we aiming for is “upfront investment” – something which is very different from other investments today, as they are usually credit based. It will not be possible to go to a bank and get these amounts of money for a credit based investment and as this Supergrid is a new venture, the “risk” attached to it from the bank point of view is a bit higher than a family home. This will result in higher credit interest. The usual credit interest for offshore wind power, is the highest – due to the higher risk involved. We have calculated our risk and regard it as much lower as we will not use offshore units when it is not absolutely necessary, but you can easily see that no new company can go to any bank in the world and get something like 10 Billion Euros. This is unrealistic. But it is not at all unrealistic if we suggest that you invest some sum in the future purchase of electrical energy from INTRENEX, as the risk is spread over a very large number of people and you get WWS [1] electrical power reliably delivered to your home.

The “upfront investment” comes with an other little problem that credit based investment does not; which is also the reason why it is very uncommon – In an upfront investment, you first have to wait until you have the money whereas with credit you get the money right away. The other problem is that when the installations start producing energy and we sell that energy back to you, we will have no income until your investment is paid back. That means, we will build up the installations and sell energy but that will not generate a lot of monetary income because the income is in the [energy-future] certificate and it has already been spent. For that reason, a little higher sum for the UNIT ONE is being targeted. This will be around 2,5% per year of the achievable doubling period but this is much less than a credit based investment.

If you are an electrical energy consumer

The INTRENEX [energy-future] certificate will come at a price of 1000 Euros and will contain the right to obtain a certain amount of kWh of electrical energy over any period of time. The current average price in the EU for electricity is around 13.9 €ct/kWh (data from 2015), meaning that if we sell the electricity to you at 14 €ct/kWh it will not be of a big difference, and it will come from the most efficient sources. As INTRENEX still is in a negotiating phase with institutional investors the final price for the energy-future has yet to be discovered, but one thing is sure: we will make it quite competitive. INTRENEX will not place a Wind Turbine in every village in Europe and will not suffer the intermittency problems plaguing the current decentralised approach.

The first demand from the market will be to somehow prove that this approach really works and therefore invest in a small demonstration project to prove that INTRENEX can scale up later. INTRENEX agrees, but still the smallest unit that makes sense is the one that consists of a minimum 1 Billion Euro investment. This means one Million [energy-future] certificates will have to be sold. INTRENEX wants to convince you that starting at 10 Billion Euros makes much more sense, but for this sum INTRENEX will need to sell 10 Million certificates. If everyone that wants to join this project buys one certificate, INTRENEX will need to convince 10 Million people. Nobody has ever tried to convince 10 Million people to buy into the [energy-future] market and whilst success it is not very plausible, it is not impossible.

INTRENEX has stated in another document on this site that we do not have unlimited time to change to this energy future and we will have to use a considerable amount of resources that are running out quite fast. It remains to be seen if after 2040 we will even have the resources left to run our complex civilization and replace the existing energy system.

Therefore a milestone has been created:
Five years after the energy-future has been put into operation

If we do not collect a significant amount of money from the sale of our [energy-future] certificates and from unknown external financing by that day, and we do not have a trend that shows that the project is possible, it will be very difficult to solve the problem, and the project will be cancelled. Sorry guys, but the problem is severe and it gets more severe by the day. If people already invested in the [energy-futures] issued by INTRENEX and the milestone is not met, the certificates will be bought back, minus the expenses that have been used to run the enterprise for 5 years.

The longer we wait to reduce CO2 production, the more unrealistic is reaching…

The necessary goal

Source: Ugo Bardi, Ilaria Perissi and Sara Falsini

INTRENEX’s ultimate goal is to provide the cheapest energy possible to the largest amount of people, with the least installation costs and the lowest impact on supply security. The calculations done by Mr Czisch show that it was possible with all the technology and prices from 2005 to reach a resulting price of around 4.65 €ct/kWh in the best case szenario. The real end price is difficult to predict but from the principles stated above it is clear that it will be competitive. The important fact about the build up of the INTRENEX network is that during that initial phase the price can not be that low as there needs to be a significant growth rate. When the investment reaches a significant amount it will remain to be seen if the price for INTRENEX customers can be reduced incrementally. The end goal is to reduce the price of electricity for every customer in the region to the lowest price possible. The only limiting factor is how fast the customer base of INTRENEX will grow. For a possible future outlook of these developments see the last section in the [energy-future] document.

How can I invest as an institutional investor?

An investment sum of this size can not be aquired by issuing shares. Also a company that uses shares as a means for investment is forced by the market to increase profits by selling ever more of its product. It is important to understand that in the dimensions and time frame INTRENEX is talking about, the best goal is to sell the lowest amount of product possible to keep the electricity generating machinery as small as possible so that their impact on resources usage is minimal. So obviously we here have a conflict with the market based growth model and the biosphere limitations imposed on us.

In previous times, when the energy need of a society grew too fast, luckily another energy source was found that could deliver a lot more energy than the previous one (wood -> coal -> oil). The civilisational energy usage mode we will enter with the new energy forms available (cheap and clean but with low density) will possibly lead to a civilisation that must reduce entropy flows and thus reduce complexity. This means that any form of investment is welcome but there lie some difficulties with growth (your profits) in the way of our development. Keeping the total energy flow through our civilisation at around 15 TW with this new energy system, as it is possible today with fossil fuels and pollution, might be possible but difficult, as this requires huge amounts of machinery and capital.

We do have some big units in the renewable sector, but these are in some way or another experimental or come with substantial initial costs as their learning curve still has to go down. With the already established technologies the transition can start today at low costs, but our economies for some time might have to spend more efforts on aquiring energy than they have today, thus limiting growth possibilities.

A lot of of machinery will also be required if you think about nuclear. The agricultural sector, for example, needs to be electrified with nuclear as well as with renewables or fusion power. The Haber-Bosch-process is explained here. Hydrogen from natural gas is cheap whereas hydrogen from renewables will be a lot more expensive in energy resp. capital terms.

The growth based system will in some way have to adapt to this new reality when we do not have coal, oil or natural gas at our disposal (due to the restrictions of climate change or due to their geological expiry). If you understand these thermodynamic realities, even when they are not written in every economics textbook, we can for sure bring to fruition a good energy future with your investment. The available energy harvest for renewables is many times more than our current global economy consumes.

The open question is, if we can grow that system fast enough to limit climate change below 2° Celsius. INTRENEX follows a scientific method that will result in the lowest electricity costs for the entire economy, independent of the sector of the economy you are interested in.

What will be the impact on industrial customers and electricity generators ?

 

If you invest in INTRENEX it will be possible to get credits under the Clean Development Mechanism. You might be able to get emission certificates for investing in CO2 reduction in another area of the region of the INTRENEX network.

How can existing producers of electrical energy participate ?

We propose that these companies offer a combined INTRENEX tariff that not only pays down their current investments, but also transfers a portion to INTRENEX for every kWh consumed, allowing us to build up the new, more efficient infrastructure. A utility company, for example, produces energy at 8 €ct/kWh but sells it to you at 14 €ct/kWh. They will get the 8 €ct and the remaining 6€ct goes to help build up the INTRENEX infrastructure. INTRENEX’s share might be small but it helps to integrate every existing electricity producer in the resulting international network. When INTRENEX delivers electrical energy, any utility company might sell its electrical surplus to INTRENEX and INTRENEX might sell its surplus to the utility company. For both transactions the same price will be used and it will level itself out over the year. When the INTRENEX installations will have reached their endpoint and the low end-price will be obtained, a utility company might want to purchase electricity at a low wole-sale price thus being able to reduce its own cost structrure. This is beneficial for all. INTRENEX does not aim to become a competitor to existing WWS [1] energy producers in the region. The goal is to unite forces to

1. decrease CO2 emissions rapidly

2. create a reliable electrical infrastructure based on WWS [1]

3. deliver the product at the cheapest price possible for the end customers

So let’s say we can achieve an early start with an installation worth 5 to 10 billion Euros, If we show that this works several possible developments are possible:

1. Many more people might want to join the project and that will allow a second and third installation to be significantly larger and these might be installed a bit faster than the possible doubling time, thus keeping up with the long-term doubling plan.

2.If we have managed to install a first UNIT and a second one, maybe big investment firms may want to join. We have to change the entire global infrastructure. This is a huge investment and job opportunity.

3. If the first unit runs successfully and everyone receives their energy from INTRENEX, the inflow from just the delivery of energy is large enough to allow the development to grow from itself. The only remaining issue is then the slow growth rate. Everybody who is a committed believer in INTRENEX must then convince enough others to join the project so that the growth rate is high enough to reach the goal of 100% WWS [1].

4. If we do not reach the goal of 100% WWS [1], we can hopefully provide a significant amount of energy without CO2 emissions and the trend for the accumulation of CO2 in the atmosphere can at least be slowed down, so that in the end we will have more time to succeed.

What will happen next?

Everyone who wants the INTRENEX venture to succeed is encouraged to sign up to the newsletter to know when the funding campaign starts. The process is designed in such a way that if during the 5 years funding period we do not manage to collect a significant sum, we will cancel the funding and it is guaranteed that everybody will gets their money back. You do not lose everything if you give it a try and invest. All the investments will be returned to the investors minus the expenses thus far.

So we really encourage all our visitors to sign up to our newsletter and to help raise awareness to ensure that we have the capital required to start building real projects. Give your income a meaning and invest some of it to the rapid global energy transition.

This is no advertisment for an investment in an unregulated financial instrument. Before the investments can start we will have to get an approval by the financial market and you will have to read the investor’s fact sheet before you put any money in.

Thank you

01.11.2016

Marc Muncke

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[1] WWS: wind, water, sunlight