Energy
Repurposing Oil, Coal & Natural Gas
Repurposing Oil, Coal & Natural Gas
[2/10]
SUMMARY
This playbook details the pragmatic strategy of converting retiring fossil fuel plants into clean energy hubs. This approach accelerates the transition by reusing valuable grid infrastructure while ensuring a just transition for affected communities.
Repurposing Oil, Coal & Natural Gas
[3/10]
CONTEXT
The energy transition requires phasing out fossil fuel power plants, risking the stranding of vast infrastructure and the economic dislocation of entire communities.
Repurposing Oil, Coal & Natural Gas
[4/10]
PROBLEM
Simply abandoning these sites creates severe problems: 1. Economic Dislocation & Injustice: Job losses devastate communities built around these plants, creating a major "just transition" challenge. 2. Stranded Asset Risk: Billions are wasted in valuable grid infrastructure, while environmental cleanup costs soar. 3. Slowing the Transition: Building new clean energy infrastructure on undeveloped "greenfield" sites is slow, costly, and faces its own permitting battles.
Repurposing Oil, Coal & Natural Gas
[5/10]
SOLUTION
Repurposing these "brownfield" sites into clean energy hubs leverages existing assets. This includes: • Coal-to-Storage: Converting coal plant sites into large-scale battery or thermal storage facilities. • Gas-to-Battery: Replacing gas peaker plants with fast-responding batteries. • Hydrogen/CCS Hubs: Retrofitting gas plants for carbon capture or to run on green hydrogen, using existing turbines and pipelines.
Repurposing Oil, Coal & Natural Gas
[6/10]
CHALLENGES
The transition from fossil fuels to clean energy hubs has its challenges: 1. Technical & Engineering Complexity: Retrofitting a site designed for combustion is costly and complex; not all sites are suitable. 2. Economic Viability: The business case is still emerging and depends on favorable market rules for storage, hydrogen, and CCS. 3. Workforce & Community Transition: New clean energy facilities require fewer workers with different skills, necessitating a deliberate and well-funded reskilling and reinvestment plan.
Repurposing Oil, Coal & Natural Gas
[7/10]
TRENDS
The private sector is actively pursuing "brownfield-to-brightfield" projects: • Coal-to-Battery Conversions: Utilities like Vistra Energy are converting retired fossil fuel plant sites into some of the world's largest battery storage projects. • Hydrogen-Ready Turbines: OEMs like GE and Mitsubishi Power are marketing turbines that can co-fire hydrogen, providing a clear decarbonization pathway for gas plants. • Corporate "Just Transition" Funds: Proactive energy companies are partnering with unions and local governments to fund community redevelopment and worker retraining as part of their retirement plans.
Repurposing Oil, Coal & Natural Gas
[8/10]
OPPORTUNITY
Repurposing infrastructure is a pragmatic way to accelerate the energy transition. This multi-billion dollar opportunity allows us to deploy clean energy faster (using existing grid connections), cheaper (avoiding new transmission), and more justly (providing economic continuity for fossil fuel communities).
Repurposing Oil, Coal & Natural Gas
[9/10]
THE NEED
To enable a just and rapid transition: • Policymakers must create financial incentives and streamlined regulations for brownfield redevelopment and fund robust "just transition" programs. • Utilities need to proactively assess and plan for the repurposing of their fossil fuel fleets as part of their core decarbonization strategy. • Investors & Labor Unions must collaborate to fund these conversion projects while ensuring strong labor and community benefit agreements are in place.
Repurposing Oil, Coal & Natural Gas
[10/10]
ACT NOW
Join our community of founders and investors at Evolvia unlocking exponential impact in this and several other emergent spaces.
Repurposing Oil, Coal & Natural Gas
[2/10]
SUMMARY
This playbook details the pragmatic strategy of converting retiring fossil fuel plants into clean energy hubs. This approach accelerates the transition by reusing valuable grid infrastructure while ensuring a just transition for affected communities.
Repurposing Oil, Coal & Natural Gas
[3/10]
CONTEXT
The energy transition requires phasing out fossil fuel power plants, risking the stranding of vast infrastructure and the economic dislocation of entire communities.
Repurposing Oil, Coal & Natural Gas
[4/10]
PROBLEM
Simply abandoning these sites creates severe problems: 1. Economic Dislocation & Injustice: Job losses devastate communities built around these plants, creating a major "just transition" challenge. 2. Stranded Asset Risk: Billions are wasted in valuable grid infrastructure, while environmental cleanup costs soar. 3. Slowing the Transition: Building new clean energy infrastructure on undeveloped "greenfield" sites is slow, costly, and faces its own permitting battles.
Repurposing Oil, Coal & Natural Gas
[5/10]
SOLUTION
Repurposing these "brownfield" sites into clean energy hubs leverages existing assets. This includes: • Coal-to-Storage: Converting coal plant sites into large-scale battery or thermal storage facilities. • Gas-to-Battery: Replacing gas peaker plants with fast-responding batteries. • Hydrogen/CCS Hubs: Retrofitting gas plants for carbon capture or to run on green hydrogen, using existing turbines and pipelines.
Repurposing Oil, Coal & Natural Gas
[6/10]
CHALLENGES
The transition from fossil fuels to clean energy hubs has its challenges: 1. Technical & Engineering Complexity: Retrofitting a site designed for combustion is costly and complex; not all sites are suitable. 2. Economic Viability: The business case is still emerging and depends on favorable market rules for storage, hydrogen, and CCS. 3. Workforce & Community Transition: New clean energy facilities require fewer workers with different skills, necessitating a deliberate and well-funded reskilling and reinvestment plan.
Repurposing Oil, Coal & Natural Gas
[7/10]
TRENDS
The private sector is actively pursuing "brownfield-to-brightfield" projects: • Coal-to-Battery Conversions: Utilities like Vistra Energy are converting retired fossil fuel plant sites into some of the world's largest battery storage projects. • Hydrogen-Ready Turbines: OEMs like GE and Mitsubishi Power are marketing turbines that can co-fire hydrogen, providing a clear decarbonization pathway for gas plants. • Corporate "Just Transition" Funds: Proactive energy companies are partnering with unions and local governments to fund community redevelopment and worker retraining as part of their retirement plans.
Repurposing Oil, Coal & Natural Gas
[8/10]
OPPORTUNITY
Repurposing infrastructure is a pragmatic way to accelerate the energy transition. This multi-billion dollar opportunity allows us to deploy clean energy faster (using existing grid connections), cheaper (avoiding new transmission), and more justly (providing economic continuity for fossil fuel communities).
Repurposing Oil, Coal & Natural Gas
[9/10]
THE NEED
To enable a just and rapid transition: • Policymakers must create financial incentives and streamlined regulations for brownfield redevelopment and fund robust "just transition" programs. • Utilities need to proactively assess and plan for the repurposing of their fossil fuel fleets as part of their core decarbonization strategy. • Investors & Labor Unions must collaborate to fund these conversion projects while ensuring strong labor and community benefit agreements are in place.
Repurposing Oil, Coal & Natural Gas
[10/10]
ACT NOW
Join our community of founders and investors at Evolvia unlocking exponential impact in this and several other emergent spaces.
Repurposing Oil, Coal & Natural Gas
[2/10]
SUMMARY
This playbook details the pragmatic strategy of converting retiring fossil fuel plants into clean energy hubs. This approach accelerates the transition by reusing valuable grid infrastructure while ensuring a just transition for affected communities.
Repurposing Oil, Coal & Natural Gas
[3/10]
CONTEXT
The energy transition requires phasing out fossil fuel power plants, risking the stranding of vast infrastructure and the economic dislocation of entire communities.
Repurposing Oil, Coal & Natural Gas
[4/10]
PROBLEM
Simply abandoning these sites creates severe problems: 1. Economic Dislocation & Injustice: Job losses devastate communities built around these plants, creating a major "just transition" challenge. 2. Stranded Asset Risk: Billions are wasted in valuable grid infrastructure, while environmental cleanup costs soar. 3. Slowing the Transition: Building new clean energy infrastructure on undeveloped "greenfield" sites is slow, costly, and faces its own permitting battles.
Repurposing Oil, Coal & Natural Gas
[5/10]
SOLUTION
Repurposing these "brownfield" sites into clean energy hubs leverages existing assets. This includes: • Coal-to-Storage: Converting coal plant sites into large-scale battery or thermal storage facilities. • Gas-to-Battery: Replacing gas peaker plants with fast-responding batteries. • Hydrogen/CCS Hubs: Retrofitting gas plants for carbon capture or to run on green hydrogen, using existing turbines and pipelines.
Repurposing Oil, Coal & Natural Gas
[6/10]
CHALLENGES
The transition from fossil fuels to clean energy hubs has its challenges: 1. Technical & Engineering Complexity: Retrofitting a site designed for combustion is costly and complex; not all sites are suitable. 2. Economic Viability: The business case is still emerging and depends on favorable market rules for storage, hydrogen, and CCS. 3. Workforce & Community Transition: New clean energy facilities require fewer workers with different skills, necessitating a deliberate and well-funded reskilling and reinvestment plan.
Repurposing Oil, Coal & Natural Gas
[7/10]
TRENDS
The private sector is actively pursuing "brownfield-to-brightfield" projects: • Coal-to-Battery Conversions: Utilities like Vistra Energy are converting retired fossil fuel plant sites into some of the world's largest battery storage projects. • Hydrogen-Ready Turbines: OEMs like GE and Mitsubishi Power are marketing turbines that can co-fire hydrogen, providing a clear decarbonization pathway for gas plants. • Corporate "Just Transition" Funds: Proactive energy companies are partnering with unions and local governments to fund community redevelopment and worker retraining as part of their retirement plans.
Repurposing Oil, Coal & Natural Gas
[8/10]
OPPORTUNITY
Repurposing infrastructure is a pragmatic way to accelerate the energy transition. This multi-billion dollar opportunity allows us to deploy clean energy faster (using existing grid connections), cheaper (avoiding new transmission), and more justly (providing economic continuity for fossil fuel communities).
Repurposing Oil, Coal & Natural Gas
[9/10]
THE NEED
To enable a just and rapid transition: • Policymakers must create financial incentives and streamlined regulations for brownfield redevelopment and fund robust "just transition" programs. • Utilities need to proactively assess and plan for the repurposing of their fossil fuel fleets as part of their core decarbonization strategy. • Investors & Labor Unions must collaborate to fund these conversion projects while ensuring strong labor and community benefit agreements are in place.
Repurposing Oil, Coal & Natural Gas
[10/10]
ACT NOW
Join our community of founders and investors at Evolvia unlocking exponential impact in this and several other emergent spaces.
Repurposing Oil, Coal & Natural Gas
[2/10]
SUMMARY
This playbook details the pragmatic strategy of converting retiring fossil fuel plants into clean energy hubs. This approach accelerates the transition by reusing valuable grid infrastructure while ensuring a just transition for affected communities.
Repurposing Oil, Coal & Natural Gas
[3/10]
CONTEXT
The energy transition requires phasing out fossil fuel power plants, risking the stranding of vast infrastructure and the economic dislocation of entire communities.
Repurposing Oil, Coal & Natural Gas
[4/10]
PROBLEM
Simply abandoning these sites creates severe problems: 1. Economic Dislocation & Injustice: Job losses devastate communities built around these plants, creating a major "just transition" challenge. 2. Stranded Asset Risk: Billions are wasted in valuable grid infrastructure, while environmental cleanup costs soar. 3. Slowing the Transition: Building new clean energy infrastructure on undeveloped "greenfield" sites is slow, costly, and faces its own permitting battles.
Repurposing Oil, Coal & Natural Gas
[5/10]
SOLUTION
Repurposing these "brownfield" sites into clean energy hubs leverages existing assets. This includes: • Coal-to-Storage: Converting coal plant sites into large-scale battery or thermal storage facilities. • Gas-to-Battery: Replacing gas peaker plants with fast-responding batteries. • Hydrogen/CCS Hubs: Retrofitting gas plants for carbon capture or to run on green hydrogen, using existing turbines and pipelines.
Repurposing Oil, Coal & Natural Gas
[6/10]
CHALLENGES
The transition from fossil fuels to clean energy hubs has its challenges: 1. Technical & Engineering Complexity: Retrofitting a site designed for combustion is costly and complex; not all sites are suitable. 2. Economic Viability: The business case is still emerging and depends on favorable market rules for storage, hydrogen, and CCS. 3. Workforce & Community Transition: New clean energy facilities require fewer workers with different skills, necessitating a deliberate and well-funded reskilling and reinvestment plan.
Repurposing Oil, Coal & Natural Gas
[7/10]
TRENDS
The private sector is actively pursuing "brownfield-to-brightfield" projects: • Coal-to-Battery Conversions: Utilities like Vistra Energy are converting retired fossil fuel plant sites into some of the world's largest battery storage projects. • Hydrogen-Ready Turbines: OEMs like GE and Mitsubishi Power are marketing turbines that can co-fire hydrogen, providing a clear decarbonization pathway for gas plants. • Corporate "Just Transition" Funds: Proactive energy companies are partnering with unions and local governments to fund community redevelopment and worker retraining as part of their retirement plans.
Repurposing Oil, Coal & Natural Gas
[8/10]
OPPORTUNITY
Repurposing infrastructure is a pragmatic way to accelerate the energy transition. This multi-billion dollar opportunity allows us to deploy clean energy faster (using existing grid connections), cheaper (avoiding new transmission), and more justly (providing economic continuity for fossil fuel communities).
Repurposing Oil, Coal & Natural Gas
[9/10]
THE NEED
To enable a just and rapid transition: • Policymakers must create financial incentives and streamlined regulations for brownfield redevelopment and fund robust "just transition" programs. • Utilities need to proactively assess and plan for the repurposing of their fossil fuel fleets as part of their core decarbonization strategy. • Investors & Labor Unions must collaborate to fund these conversion projects while ensuring strong labor and community benefit agreements are in place.
Repurposing Oil, Coal & Natural Gas
[10/10]
ACT NOW
Join our community of founders and investors at Evolvia unlocking exponential impact in this and several other emergent spaces.
Repurposing Oil, Coal & Natural Gas
[2/10]
SUMMARY
This playbook details the pragmatic strategy of converting retiring fossil fuel plants into clean energy hubs. This approach accelerates the transition by reusing valuable grid infrastructure while ensuring a just transition for affected communities.
Repurposing Oil, Coal & Natural Gas
[3/10]
CONTEXT
The energy transition requires phasing out fossil fuel power plants, risking the stranding of vast infrastructure and the economic dislocation of entire communities.
Repurposing Oil, Coal & Natural Gas
[4/10]
PROBLEM
Simply abandoning these sites creates severe problems: 1. Economic Dislocation & Injustice: Job losses devastate communities built around these plants, creating a major "just transition" challenge. 2. Stranded Asset Risk: Billions are wasted in valuable grid infrastructure, while environmental cleanup costs soar. 3. Slowing the Transition: Building new clean energy infrastructure on undeveloped "greenfield" sites is slow, costly, and faces its own permitting battles.
Repurposing Oil, Coal & Natural Gas
[5/10]
SOLUTION
Repurposing these "brownfield" sites into clean energy hubs leverages existing assets. This includes: • Coal-to-Storage: Converting coal plant sites into large-scale battery or thermal storage facilities. • Gas-to-Battery: Replacing gas peaker plants with fast-responding batteries. • Hydrogen/CCS Hubs: Retrofitting gas plants for carbon capture or to run on green hydrogen, using existing turbines and pipelines.
Repurposing Oil, Coal & Natural Gas
[6/10]
CHALLENGES
The transition from fossil fuels to clean energy hubs has its challenges: 1. Technical & Engineering Complexity: Retrofitting a site designed for combustion is costly and complex; not all sites are suitable. 2. Economic Viability: The business case is still emerging and depends on favorable market rules for storage, hydrogen, and CCS. 3. Workforce & Community Transition: New clean energy facilities require fewer workers with different skills, necessitating a deliberate and well-funded reskilling and reinvestment plan.
Repurposing Oil, Coal & Natural Gas
[7/10]
TRENDS
The private sector is actively pursuing "brownfield-to-brightfield" projects: • Coal-to-Battery Conversions: Utilities like Vistra Energy are converting retired fossil fuel plant sites into some of the world's largest battery storage projects. • Hydrogen-Ready Turbines: OEMs like GE and Mitsubishi Power are marketing turbines that can co-fire hydrogen, providing a clear decarbonization pathway for gas plants. • Corporate "Just Transition" Funds: Proactive energy companies are partnering with unions and local governments to fund community redevelopment and worker retraining as part of their retirement plans.
Repurposing Oil, Coal & Natural Gas
[8/10]
OPPORTUNITY
Repurposing infrastructure is a pragmatic way to accelerate the energy transition. This multi-billion dollar opportunity allows us to deploy clean energy faster (using existing grid connections), cheaper (avoiding new transmission), and more justly (providing economic continuity for fossil fuel communities).
Repurposing Oil, Coal & Natural Gas
[9/10]
THE NEED
To enable a just and rapid transition: • Policymakers must create financial incentives and streamlined regulations for brownfield redevelopment and fund robust "just transition" programs. • Utilities need to proactively assess and plan for the repurposing of their fossil fuel fleets as part of their core decarbonization strategy. • Investors & Labor Unions must collaborate to fund these conversion projects while ensuring strong labor and community benefit agreements are in place.
Repurposing Oil, Coal & Natural Gas
[10/10]
ACT NOW
Join our community of founders and investors at Evolvia unlocking exponential impact in this and several other emergent spaces.
Repurposing Oil, Coal & Natural Gas
[2/10]
SUMMARY
This playbook details the pragmatic strategy of converting retiring fossil fuel plants into clean energy hubs. This approach accelerates the transition by reusing valuable grid infrastructure while ensuring a just transition for affected communities.
Repurposing Oil, Coal & Natural Gas
[3/10]
CONTEXT
The energy transition requires phasing out fossil fuel power plants, risking the stranding of vast infrastructure and the economic dislocation of entire communities.
Repurposing Oil, Coal & Natural Gas
[4/10]
PROBLEM
Simply abandoning these sites creates severe problems: 1. Economic Dislocation & Injustice: Job losses devastate communities built around these plants, creating a major "just transition" challenge. 2. Stranded Asset Risk: Billions are wasted in valuable grid infrastructure, while environmental cleanup costs soar. 3. Slowing the Transition: Building new clean energy infrastructure on undeveloped "greenfield" sites is slow, costly, and faces its own permitting battles.
Repurposing Oil, Coal & Natural Gas
[5/10]
SOLUTION
Repurposing these "brownfield" sites into clean energy hubs leverages existing assets. This includes: • Coal-to-Storage: Converting coal plant sites into large-scale battery or thermal storage facilities. • Gas-to-Battery: Replacing gas peaker plants with fast-responding batteries. • Hydrogen/CCS Hubs: Retrofitting gas plants for carbon capture or to run on green hydrogen, using existing turbines and pipelines.
Repurposing Oil, Coal & Natural Gas
[6/10]
CHALLENGES
The transition from fossil fuels to clean energy hubs has its challenges: 1. Technical & Engineering Complexity: Retrofitting a site designed for combustion is costly and complex; not all sites are suitable. 2. Economic Viability: The business case is still emerging and depends on favorable market rules for storage, hydrogen, and CCS. 3. Workforce & Community Transition: New clean energy facilities require fewer workers with different skills, necessitating a deliberate and well-funded reskilling and reinvestment plan.
Repurposing Oil, Coal & Natural Gas
[7/10]
TRENDS
The private sector is actively pursuing "brownfield-to-brightfield" projects: • Coal-to-Battery Conversions: Utilities like Vistra Energy are converting retired fossil fuel plant sites into some of the world's largest battery storage projects. • Hydrogen-Ready Turbines: OEMs like GE and Mitsubishi Power are marketing turbines that can co-fire hydrogen, providing a clear decarbonization pathway for gas plants. • Corporate "Just Transition" Funds: Proactive energy companies are partnering with unions and local governments to fund community redevelopment and worker retraining as part of their retirement plans.
Repurposing Oil, Coal & Natural Gas
[8/10]
OPPORTUNITY
Repurposing infrastructure is a pragmatic way to accelerate the energy transition. This multi-billion dollar opportunity allows us to deploy clean energy faster (using existing grid connections), cheaper (avoiding new transmission), and more justly (providing economic continuity for fossil fuel communities).
Repurposing Oil, Coal & Natural Gas
[9/10]
THE NEED
To enable a just and rapid transition: • Policymakers must create financial incentives and streamlined regulations for brownfield redevelopment and fund robust "just transition" programs. • Utilities need to proactively assess and plan for the repurposing of their fossil fuel fleets as part of their core decarbonization strategy. • Investors & Labor Unions must collaborate to fund these conversion projects while ensuring strong labor and community benefit agreements are in place.
Repurposing Oil, Coal & Natural Gas
[10/10]
ACT NOW
Join our community of founders and investors at Evolvia unlocking exponential impact in this and several other emergent spaces.
Repurposing Oil, Coal & Natural Gas
[2/10]
SUMMARY
This playbook details the pragmatic strategy of converting retiring fossil fuel plants into clean energy hubs. This approach accelerates the transition by reusing valuable grid infrastructure while ensuring a just transition for affected communities.
Repurposing Oil, Coal & Natural Gas
[3/10]
CONTEXT
The energy transition requires phasing out fossil fuel power plants, risking the stranding of vast infrastructure and the economic dislocation of entire communities.
Repurposing Oil, Coal & Natural Gas
[4/10]
PROBLEM
Simply abandoning these sites creates severe problems: 1. Economic Dislocation & Injustice: Job losses devastate communities built around these plants, creating a major "just transition" challenge. 2. Stranded Asset Risk: Billions are wasted in valuable grid infrastructure, while environmental cleanup costs soar. 3. Slowing the Transition: Building new clean energy infrastructure on undeveloped "greenfield" sites is slow, costly, and faces its own permitting battles.
Repurposing Oil, Coal & Natural Gas
[5/10]
SOLUTION
Repurposing these "brownfield" sites into clean energy hubs leverages existing assets. This includes: • Coal-to-Storage: Converting coal plant sites into large-scale battery or thermal storage facilities. • Gas-to-Battery: Replacing gas peaker plants with fast-responding batteries. • Hydrogen/CCS Hubs: Retrofitting gas plants for carbon capture or to run on green hydrogen, using existing turbines and pipelines.
Repurposing Oil, Coal & Natural Gas
[6/10]
CHALLENGES
The transition from fossil fuels to clean energy hubs has its challenges: 1. Technical & Engineering Complexity: Retrofitting a site designed for combustion is costly and complex; not all sites are suitable. 2. Economic Viability: The business case is still emerging and depends on favorable market rules for storage, hydrogen, and CCS. 3. Workforce & Community Transition: New clean energy facilities require fewer workers with different skills, necessitating a deliberate and well-funded reskilling and reinvestment plan.
Repurposing Oil, Coal & Natural Gas
[7/10]
TRENDS
The private sector is actively pursuing "brownfield-to-brightfield" projects: • Coal-to-Battery Conversions: Utilities like Vistra Energy are converting retired fossil fuel plant sites into some of the world's largest battery storage projects. • Hydrogen-Ready Turbines: OEMs like GE and Mitsubishi Power are marketing turbines that can co-fire hydrogen, providing a clear decarbonization pathway for gas plants. • Corporate "Just Transition" Funds: Proactive energy companies are partnering with unions and local governments to fund community redevelopment and worker retraining as part of their retirement plans.
Repurposing Oil, Coal & Natural Gas
[8/10]
OPPORTUNITY
Repurposing infrastructure is a pragmatic way to accelerate the energy transition. This multi-billion dollar opportunity allows us to deploy clean energy faster (using existing grid connections), cheaper (avoiding new transmission), and more justly (providing economic continuity for fossil fuel communities).
Repurposing Oil, Coal & Natural Gas
[9/10]
THE NEED
To enable a just and rapid transition: • Policymakers must create financial incentives and streamlined regulations for brownfield redevelopment and fund robust "just transition" programs. • Utilities need to proactively assess and plan for the repurposing of their fossil fuel fleets as part of their core decarbonization strategy. • Investors & Labor Unions must collaborate to fund these conversion projects while ensuring strong labor and community benefit agreements are in place.
Repurposing Oil, Coal & Natural Gas
[10/10]
ACT NOW
Join our community of founders and investors at Evolvia unlocking exponential impact in this and several other emergent spaces.
Repurposing Oil, Coal & Natural Gas
[2/10]
SUMMARY
This playbook details the pragmatic strategy of converting retiring fossil fuel plants into clean energy hubs. This approach accelerates the transition by reusing valuable grid infrastructure while ensuring a just transition for affected communities.
Repurposing Oil, Coal & Natural Gas
[3/10]
CONTEXT
The energy transition requires phasing out fossil fuel power plants, risking the stranding of vast infrastructure and the economic dislocation of entire communities.
Repurposing Oil, Coal & Natural Gas
[4/10]
PROBLEM
Simply abandoning these sites creates severe problems: 1. Economic Dislocation & Injustice: Job losses devastate communities built around these plants, creating a major "just transition" challenge. 2. Stranded Asset Risk: Billions are wasted in valuable grid infrastructure, while environmental cleanup costs soar. 3. Slowing the Transition: Building new clean energy infrastructure on undeveloped "greenfield" sites is slow, costly, and faces its own permitting battles.
Repurposing Oil, Coal & Natural Gas
[5/10]
SOLUTION
Repurposing these "brownfield" sites into clean energy hubs leverages existing assets. This includes: • Coal-to-Storage: Converting coal plant sites into large-scale battery or thermal storage facilities. • Gas-to-Battery: Replacing gas peaker plants with fast-responding batteries. • Hydrogen/CCS Hubs: Retrofitting gas plants for carbon capture or to run on green hydrogen, using existing turbines and pipelines.
Repurposing Oil, Coal & Natural Gas
[6/10]
CHALLENGES
The transition from fossil fuels to clean energy hubs has its challenges: 1. Technical & Engineering Complexity: Retrofitting a site designed for combustion is costly and complex; not all sites are suitable. 2. Economic Viability: The business case is still emerging and depends on favorable market rules for storage, hydrogen, and CCS. 3. Workforce & Community Transition: New clean energy facilities require fewer workers with different skills, necessitating a deliberate and well-funded reskilling and reinvestment plan.
Repurposing Oil, Coal & Natural Gas
[7/10]
TRENDS
The private sector is actively pursuing "brownfield-to-brightfield" projects: • Coal-to-Battery Conversions: Utilities like Vistra Energy are converting retired fossil fuel plant sites into some of the world's largest battery storage projects. • Hydrogen-Ready Turbines: OEMs like GE and Mitsubishi Power are marketing turbines that can co-fire hydrogen, providing a clear decarbonization pathway for gas plants. • Corporate "Just Transition" Funds: Proactive energy companies are partnering with unions and local governments to fund community redevelopment and worker retraining as part of their retirement plans.
Repurposing Oil, Coal & Natural Gas
[8/10]
OPPORTUNITY
Repurposing infrastructure is a pragmatic way to accelerate the energy transition. This multi-billion dollar opportunity allows us to deploy clean energy faster (using existing grid connections), cheaper (avoiding new transmission), and more justly (providing economic continuity for fossil fuel communities).
Repurposing Oil, Coal & Natural Gas
[9/10]
THE NEED
To enable a just and rapid transition: • Policymakers must create financial incentives and streamlined regulations for brownfield redevelopment and fund robust "just transition" programs. • Utilities need to proactively assess and plan for the repurposing of their fossil fuel fleets as part of their core decarbonization strategy. • Investors & Labor Unions must collaborate to fund these conversion projects while ensuring strong labor and community benefit agreements are in place.
Repurposing Oil, Coal & Natural Gas
[10/10]
ACT NOW
Join our community of founders and investors at Evolvia unlocking exponential impact in this and several other emergent spaces.
This playbook details the pragmatic strategy of converting retiring fossil fuel plants into clean energy hubs. This approach accelerates the transition by reusing valuable grid infrastructure while ensuring a just transition for affected communities.
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©2025. All rights reserved.
254 Chapman Rd, Ste 208 #6290, Newark, Delaware 19702, USA
©2025. All rights reserved.
254 Chapman Rd, Ste 208 #6290, Newark, Delaware 19702, USA
©2025. All rights reserved.
254 Chapman Rd, Ste 208 #6290, Newark, Delaware 19702, USA