Renewable energy in Monaco is becoming more common today. From seawater heat pumps to solar power, these are resources that are not easily depleted within our lifetime and Monaco looks to become a more green country. Renewable energy allows for better energy efficiency and reduces greenhouse gas emissions, which in turn helps with combating changing weather patterns.
The most common types of renewable energy in Monaco come from sunlight and wind power. The country is utilizing these two resources in many places. There are also other types of renewable resources, such as hydropower and geothermal energy.
Solar panels take energy from the sun and transfer it into usable energy for the building or space that the solar panels are connected to. There are two types of solar panels used in Monaco today: solar photovoltaic panels and solar thermal panels.
Solar photovoltaic panels are used to take energy from the sun and transfer it into electricity. Most of these panels are found on top of buildings, such as schools and office buildings. There are also some residential buildings that use solar panels. All of these buildings use this energy to meet their needs for electricity, such as lighting. One of the most well-known projects in Monaco for solar panels has been the installation at École des Revoires School. These panels allow for optimal capture of sunlight and allow the school to be self-sufficient in heating water.
Thermal panels, on the other hand, use energy to heat water areas. Currently, many swimming pools, such as the pool in the Ecole St Charles building, are being heated by these panels but there are other uses for this type of solar panel.
Seawater heat pumps take energy from the sea and transform it into energy to heat or cool buildings. These pumps are able to extract either warm or cold water from the sea, in Monaco''s case that sea being the Mediterranean.
Seawater heat pumps are currently being used to produce almost 20% of Monaco''s energy. The pumps are a much more sustainable solution to the world''s energy problems, as they produce energy three to four times more than they consume.
Monaco offers many accommodations to eliminate carbon-burning transportation. The principality has a public bus system, electric bikes, electric car-sharing services and even a solar-powered water bus.
Monaco has implemented incentives for citizens to use green transportation. Parking passes have reduced fees for those traveling in electric or hybrid vehicles. There is also a discounted price for car sharing, helping struggling families.
The government is offering financial incentives to property owners for the implementation of renewable energy resources. These incentives help with financial burdens for struggling owners. There is another benefit of using renewable energy: the buyback of excess power produced from solar panels. Homeowners are able to sell this excess power for a guaranteed price.
Another incentive for citizens is to practice proper waste management techniques. Monaco implemented a rewards system where recycling earns points to use for goods and services. Many benefits stem from this system, including revenue for citizens who might be struggling financially.
Monaco''s aim is to reduce its greenhouse gas emissions by 55% by 2030. These reductions are coming from the three highest areas of emissions: transportation, waste treatment and energy consumption. These areas take up around 90% of the principalities'' emissions. Renewable energy in Monaco is just the beginning of a transition to a new era of sustainability.
The Principality of Monaco is certainly not taking its environmental responsibilities lightly and has set itself a target of a 50% cut in GHG emissions (from 1990 levels) by the year 2030. Let''s put that into perspective for a moment: that''s more ambitious than the EU''s 2030 Climate & Energy Framework and the ratified unconditional target of the Paris Agreement. Furthermore, the country has also set itself the ambitious goal of achieving carbon neutrality by the year 2050: thereby setting itself up to be one of the bellwethers of environmental success.
The Principality has identified three main sectors responsible for producing the highest amount of GHG emissions in Monaco (circa 90% of the country''s total emissions): road transport, waste treatment and energy consumption in buildings.
There is a strong focus on encouraging more responsible behaviour amongst all walks of life in Monaco. The thinking behind it is that climate change is something which affects each and every one of us, and so efforts to mitigate its effects should be extended to everybody, with a view to creating new opportunities for all. Indeed, and to quote the Prince: ".. cannot succeed without the mobilisation of the whole Monegasque community."
To help support this all-important transition, in 2016 Prince Albert II founded the Mission for Energy Transition; a dedicated task force whose remit is to promote a greater share of renewables and an increase in energy efficiency measures.
About Monaco renewable electricity
As the photovoltaic (PV) industry continues to evolve, advancements in Monaco renewable electricity have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.
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