Hydro-electricity and geothermal electricity produced at favourable sites are now the cheapest way to generate electricity. Renewable energy costs continue to drop, and the levelised cost of electricity (LCOE) is declining for wind power, solar photovoltaic (PV), concentrated solar power (CSP) and some biomass technologies. Renewable energy is also the most economic solution for new grid-connected capacity in areas with good resources. As the cost of renewable power falls, the scope of economically viable applications increases. Renewable technologies are now often the most economic solution for new generating capacity. Where "oil-fired generation is the predominant power generation source (e.g. on islands, off-grid and in some countries) a lower-cost renewable solution almost always exists today". A series of studies by the US National Renewable Energy Laboratory modeled the "grid in the Western US under a number of different scenarios where intermittent renewables accounted for 33 percent of the total power." In the models, inefficiencies in cycling the fossil fuel plants to compensate for the variation in solar and wind energy resulted in an additional cost of "between $0.47 and $1.28 to each MegaWatt hour generated"; however, the savings in the cost of the fuels saved "adds up to $7 billion, meaning the added costs are, at most, two percent of the savings."
If you want to purchase a rooftop solar system for your home, federal tax credits and other state, local, or utility incentives can offset some of the upfront cost. There are also several financing options available for homeowners, including energy-saving mortgages, home equity, Property Assessed Clean Energy Loans, and more traditional bank loans.
A photovoltaic system converts light into electrical direct current (DC) by taking advantage of the photoelectric effect. Solar PV has turned into a multi-billion, fast-growing industry, continues to improve its cost-effectiveness, and has the most potential of any renewable technologies together with CSP. Concentrated solar power (CSP) systems use lenses or mirrors and tracking systems to focus a large area of sunlight into a small beam. Commercial concentrated solar power plants were first developed in the 1980s. CSP-Stirling has by far the highest efficiency among all solar energy technologies.
“Five New State Governors Aim for 100% Renewables” • Five governors-elect in Colorado, Illinois, Nevada, Connecticut, and Maine, states with a combined population of 26 million, put forth campaign goals of 100% renewable electricity. Currently, only California and Hawaii have a deadline to move to 100% zero-carbon electricity. [pv magazine International]
Since having the Peimar Solar Panels installed and listening to the advice of the owner I have saved a lot of money on my electric bill. Texas Solar Integrated did the work as quickly and efficiently as promised. If the panels look dirty, since I live around cement plants, I just get my high pressure water hose and spray them off. Thank you to this company and the installers. The owner or another contractor in the office is always ready to answer your questions before and after installation.... read more
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Above this rated speed, the wind loads on the rotor blades will be approaching the maximum strength of the electrical machine, and the generator will be producing its maximum or rated power output as the rated wind speed window will have been reached. If the wind speed continues to increase, the wind turbine generator would stop at its cut-out point to prevent mechanical and electrical damage, resulting in zero electrical generation. The application of a brake to stop the generator for damaging itself can be either a mechanical governor or electrical speed sensor.
Green Energy Corp’s™ Microgrid as a Service (MaaS) package is a cloud based, subscription service enabling third party developers to utilize GreenBus® and Green Energy Corp expertise in financing, building and deploying microgrids. Included in the MaaS package is the microgrid toolset comprised of software, design and engineering packages, equipment recommendations, construction methods, operations and maintenance support, and financial instruments all delivered from a hosted environment.
However, it has been found that high emissions are associated only with shallow reservoirs in warm (tropical) locales, and recent innovations in hydropower turbine technology are enabling efficient development of low-impact run-of-the-river hydroelectricity projects. Generally speaking, hydroelectric plants produce much lower life-cycle emissions than other types of generation. Hydroelectric power, which underwent extensive development during growth of electrification in the 19th and 20th centuries, is experiencing resurgence of development in the 21st century. The areas of greatest hydroelectric growth are the booming economies of Asia. China is the development leader; however, other Asian nations are installing hydropower at a rapid pace. This growth is driven by much increased energy costs—especially for imported energy—and widespread desires for more domestically produced, clean, renewable, and economical generation.
The Desert Sunlight Solar Farm is a 550 MW power plant in Riverside County, California, that uses thin-film CdTe-modules made by First Solar. As of November 2014, the 550 megawatt Topaz Solar Farm was the largest photovoltaic power plant in the world. This was surpassed by the 579 MW Solar Star complex. The current largest photovoltaic power station in the world is Longyangxia Dam Solar Park, in Gonghe County, Qinghai, China.
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:
Smart grid refers to a class of technology people are using to bring utility electricity delivery systems into the 21st century, using computer-based remote control and automation. These systems are made possible by two-way communication technology and computer processing that has been used for decades in other industries. They are beginning to be used on electricity networks, from the power plants and wind farms all the way to the consumers of electricity in homes and businesses. They offer many benefits to utilities and consumers—mostly seen in big improvements in energy efficiency on the electricity grid and in the energy users’ homes and offices.
DOE selected six companies for its 2007 Green Power Supplier Awards, including Constellation NewEnergy; 3Degrees; Sterling Planet; SunEdison; Pacific Power and Rocky Mountain Power; and Silicon Valley Power. The combined green power provided by those six winners equals more than 5 billion kilowatt-hours per year, which is enough to power nearly 465,000 average U.S. households. In 2014, Arcadia Power made RECS available to homes and businesses in all 50 states, allowing consumers to use "100% green power" as defined by the EPA's Green Power Partnership.
The energy payback time (EPBT) of a power generating system is the time required to generate as much energy as is consumed during production and lifetime operation of the system. Due to improving production technologies the payback time has been decreasing constantly since the introduction of PV systems in the energy market. In 2000 the energy payback time of PV systems was estimated as 8 to 11 years and in 2006 this was estimated to be 1.5 to 3.5 years for crystalline silicon PV systems and 1–1.5 years for thin film technologies (S. Europe). These figures fell to 0.75–3.5 years in 2013, with an average of about 2 years for crystalline silicon PV and CIS systems.
In terms of ocean energy, another third-generation technology, Portugal has the world's first commercial wave farm, the Aguçadora Wave Park, under construction in 2007. The farm will initially use three Pelamis P-750 machines generating 2.25 MW. and costs are put at 8.5 million euro. Subject to successful operation, a further 70 million euro is likely to be invested before 2009 on a further 28 machines to generate 525 MW. Funding for a wave farm in Scotland was announced in February, 2007 by the Scottish Executive, at a cost of over 4 million pounds, as part of a £13 million funding packages for ocean power in Scotland. The farm will be the world's largest with a capacity of 3 MW generated by four Pelamis machines. (see also Wave farm).
Wave power, which captures the energy of ocean surface waves, and tidal power, converting the energy of tides, are two forms of hydropower with future potential; however, they are not yet widely employed commercially. A demonstration project operated by the Ocean Renewable Power Company on the coast of Maine, and connected to the grid, harnesses tidal power from the Bay of Fundy, location of world's highest tidal flow. Ocean thermal energy conversion, which uses the temperature difference between cooler deep and warmer surface waters, has currently no economic feasibility.
A hybrid system combines (C)PV and CSP with one another or with other forms of generation such as diesel, wind and biogas. The combined form of generation may enable the system to modulate power output as a function of demand or at least reduce the fluctuating nature of solar power and the consumption of non renewable fuel. Hybrid systems are most often found on islands.