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.[100] 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".[100] 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."[101]
Since 2013 the world's highest-situated wind turbine was made and installed by WindAid and is located at the base of the Pastoruri Glacier in Peru at 4,877 meters (16,001 ft) above sea level.[94] The site uses the WindAid 2.5 kW wind generator to supply power to a small rural community of micro entrepreneurs who cater to the tourists who come to the Pastoruri glacier.[95]
Maybe you reside on a boat, vacation in a remote cabin, or live off-grid like me. Or perhaps you’re just interested in lowering your energy bill. Either way, with a handful of inexpensive and easy-to-source materials, you can build a homemade wind generator, making electricity yours for the taking for as long as the wind is blowing. You’ll be able to light up that storeroom, power your barn, or use a generator to keep all your vehicle batteries charged.
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Energy harnessed by wind turbines is intermittent, and is not a "dispatchable" source of power; its availability is based on whether the wind is blowing, not whether electricity is needed. Turbines can be placed on ridges or bluffs to maximize the access of wind they have, but this also limits the locations where they can be placed.[72] In this way, wind energy is not a particularly reliable source of energy. However, it can form part of the energy mix, which also includes power from other sources. Notably, the relative available output from wind and solar sources is often inversely proportional (balancing)[citation needed]. Technology is also being developed to store excess energy, which can then make up for any deficits in supplies.
The first words of everyone calling us are “the wind is blowing here all the time”. People consistently overestimate how windy their place actually is. They forget about all the times the wind does not blow, and only remember the windy days. Such is human nature. Before even considering a small wind turbine you need to have a good idea of the annual average wind speed for your site. The gold standard is to install a data-logging anemometer (wind meter) at the same height and location as the proposed wind turbine, and let it run for 3 to 5 years. Truth is that it is usually much too expensive to do for small wind turbines, and while logging for 1 year could give you some idea and is the absolute minimum for worthwhile wind information, it is too short to be very reliable. For most of us, the more economical way to find out about the local average wind speed is by looking at a wind atlas, meteorological data, airport information and possibly the local vegetation (for windy spots the trees take on interesting shapes).
Manufacturers often claim that their vertical axis turbine is better at extracting power from low speed winds. Unfortunately the laws of physics get in the way here: There is very little power in low speed winds. The blade of a vertical or horizontal type turbine is equally good at extracting that power, though with the vertical type the blades move at an angle to the wind where they do not extract energy for part of every rotation, adding drag and making a vertical type turbine just a little less efficient than a similar sized horizontal one. There is no advantage when it comes to low winds.

Photovoltaics were initially solely used as a source of electricity for small and medium-sized applications, from the calculator powered by a single solar cell to remote homes powered by an off-grid rooftop PV system. Commercial concentrated solar power plants were first developed in the 1980s. The 392 MW Ivanpah installation is the largest concentrating solar power plant in the world, located in the Mojave Desert of California.