The typical cost factors for solar power include the costs of the modules, the frame to hold them, wiring, inverters, labour cost, any land that might be required, the grid connection, maintenance and the solar insolation that location will receive. Adjusting for inflation, it cost $96 per watt for a solar module in the mid-1970s. Process improvements and a very large boost in production have brought that figure down to 68 cents per watt in February 2016, according to data from Bloomberg New Energy Finance.[69] Palo Alto California signed a wholesale purchase agreement in 2016 that secured solar power for 3.7 cents per kilowatt-hour. And in sunny Dubai large-scale solar generated electricity sold in 2016 for just 2.99 cents per kilowatt-hour – "competitive with any form of fossil-based electricity — and cheaper than most."[70]
In conclusion, I would say that however great the scientific importance of this discovery may be, its practical value will be no less obvious when we reflect that the supply of solar energy is both without limit and without cost, and that it will continue to pour down upon us for countless ages after all the coal deposits of the earth have been exhausted and forgotten.[36]
Despite these diverse developments, developments in fossil fuel systems almost entirely eliminated any wind turbine systems larger than supermicro size. In the early 1970s, however, anti-nuclear protests in Denmark spurred artisan mechanics to develop microturbines of 22 kW. Organizing owners into associations and co-operatives lead to the lobbying of the government and utilities and provided incentives for larger turbines throughout the 1980s and later. Local activists in Germany, nascent turbine manufacturers in Spain, and large investors in the United States in the early 1990s then lobbied for policies that stimulated the industry in those countries.
A typical home uses approximately 10,932 kilowatt-hours (kWh) of electricity per year (about 911 kWh per month).[1] Depending on the average wind speed in the area, a wind turbine rated in the range of 5 to 15 kW would be required to make a significant contribution to this demand. A 1.5-kW wind turbine will meet the needs of a home requiring 300 kWh per month in a location with a 14 MPH (6.26 meters per second) annual average wind speed.[2] The manufacturer, dealer, or installer can provide you with the expected annual energy output of the turbine as a function of annual average wind speed. The manufacturer will also provide information about any maximum wind speeds at which the turbine is designed to operate safely. Most turbines have automatic overspeed-governing systems to keep the rotor from spinning out of control in extremely high winds.
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Since we mentioned maintenance: Consider that in a reasonably windy place a wind turbine can run 7000 hours or more per year. If it were a car, going at 50 km/h (30 mph), it would travel 350,000 km (or 200,000+ miles). That means you should plan for an annual inspection, and perform the needed maintenance (greasing for example), regardless of the recommendation of the manufacturer. It is just as important to inspect and maintain the tower annually. We know of a tower that collapsed because nuts worked themselves loose from their bolts over 2½ years time, no inspection nor maintenance were done during that time, ultimately leading to its undoing. Wind turbines and towers live in a very harsh environment. It is important to check for issues, such as loose bolts or tower guy wires that need re-tensioning, before they become a problem.
In 2016, the city bought its way out of a contract providing energy derived from fossil fuels and arranged to get its power from a 97-unit windfarm in Adrian, Texas, about 500 miles away in the Texas Panhandle. Georgetown doesn’t own the farm, but its agreement allowed the owners to get the financing to build it. This spring, Georgetown is adding power from a 154-megawatt solar farm being built by NRG Energy in Fort Stockton, 340 miles to the west of the city.
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There are two types of crystalline silicon, but it’s likely you’ll more often encounter monocrystalline silicon: it has a square-ish structure, and its high silicon content makes it more effective (and more expensive) than other panel materials. The other type of crystalline silicon, polycrystalline, is cheaper but less effective, so it’s used when there’s plenty of space (e.g., on a solar farm)—typically not on residential installs.
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Adam Schultz, a senior policy analyst for the Oregon Department of Energy, says he’s more encouraged than ever about the prospects for renewables. Because the Pacific Northwest features large-scale hydropower plants built as part of the New Deal, energy already tends to be less expensive there than the U.S. average. But solar and wind power have “gotten cheaper over the last couple years to the point that I can’t even tell you what the costs are because costs have been dropping so rapidly,” Schultz says. “We have enough sunshine,” he says (presumably referring to the eastern part of the state), “so it’s just a matter of time.”
A good match between generation and consumption is key for high self consumption, and should be considered when deciding where to install solar power and how to dimension the installation. The match can be improved with batteries or controllable electricity consumption.[94] However, batteries are expensive and profitability may require provision of other services from them besides self consumption increase.[95] Hot water storage tanks with electric heating with heat pumps or resistance heaters can provide low-cost storage for self consumption of solar power.[94] Shiftable loads, such as dishwashers, tumble dryers and washing machines, can provide controllable consumption with only a limited effect on the users, but their effect on self consumption of solar power may be limited.[94]
Usually however, renewable energy is derived from the mains electricity grid. This means that energy storage is mostly not used, as the mains electricity grid is organised to produce the exact amount of energy being consumed at that particular moment. Energy production on the mains electricity grid is always set up as a combination of (large-scale) renewable energy plants, as well as other power plants as fossil-fuel power plants and nuclear power. This combination however, which is essential for this type of energy supply (as e.g. wind turbines, solar power plants etc.) can only produce when the wind blows and the sun shines. This is also one of the main drawbacks of the system as fossil fuel powerplants are polluting and are a main cause of global warming (nuclear power being an exception). Although fossil fuel power plants too can be made emissionless (through carbon capture and storage), as well as renewable (if the plants are converted to e.g. biomass) the best solution is still to phase out the latter power plants over time. Nuclear power plants too can be more or less eliminated from their problem of nuclear waste through the use of nuclear reprocessing and newer plants as fast breeder and nuclear fusion plants.

There is more trouble with rated power: It only happens at a “rated wind speed”. And the trouble with that is there is no standard for rated wind speed. Since the energy in the wind increases with the cube of the wind speed, it makes a very large difference if rated power is measured at 10 m/s (22 mph), or 12 m/s (27 mph). For example, that 6 meter wind turbine from the previous section could reasonably be expected to produce 5.2 kW at 10 m/s, while it will do 9 kW at 12 m/s!
Besides getting a working product, the one measure you are after as a small wind turbine owner is how much electrical energy it will produce for your location. Hopefully by now you know the annual average wind speed for the height that you are planning to put your turbine at, and you have selected a site with little turbulence. Forget about the manufacturer’s claims; it turns out that the best predictors for turbine energy production are the diameter and average wind speed. Here is an equation that will calculate approximate annual average energy production for a grid-tie horizontal axis turbine of reasonable efficiency:
The solar thermal power industry is growing rapidly with 1.3 GW under construction in 2012 and more planned. Spain is the epicenter of solar thermal power development with 873 MW under construction, and a further 271 MW under development.[112] In the United States, 5,600 MW of solar thermal power projects have been announced.[113] Several power plants have been constructed in the Mojave Desert, Southwestern United States. The Ivanpah Solar Power Facility being the most recent. In developing countries, three World Bank projects for integrated solar thermal/combined-cycle gas-turbine power plants in Egypt, Mexico, and Morocco have been approved.[114]
The Stirling solar dish combines a parabolic concentrating dish with a Stirling engine which normally drives an electric generator. The advantages of Stirling solar over photovoltaic cells are higher efficiency of converting sunlight into electricity and longer lifetime. Parabolic dish systems give the highest efficiency among CSP technologies.[18] The 50 kW Big Dish in Canberra, Australia is an example of this technology.[14]