The theory of peak oil was published in 1956. In the 1970s environmentalists promoted the development of renewable energy both as a replacement for the eventual depletion of oil, as well as for an escape from dependence on oil, and the first electricity generating wind turbines appeared. Solar had long been used for heating and cooling, but solar panels were too costly to build solar farms until 1980.
In its 2014 edition of the Technology Roadmap: Solar Photovoltaic Energy report, the International Energy Agency (IEA) published prices for residential, commercial and utility-scale PV systems for eight major markets as of 2013 (see table below). However, DOE's SunShot Initiative has reported much lower U.S. installation prices. In 2014, prices continued to decline. The SunShot Initiative modeled U.S. system prices to be in the range of $1.80 to $3.29 per watt. Other sources identify similar price ranges of $1.70 to $3.50 for the different market segments in the U.S., and in the highly penetrated German market, prices for residential and small commercial rooftop systems of up to 100 kW declined to $1.36 per watt (€1.24/W) by the end of 2014. In 2015, Deutsche Bank estimated costs for small residential rooftop systems in the U.S. around $2.90 per watt. Costs for utility-scale systems in China and India were estimated as low as $1.00 per watt.
The home wind Generator systems are designed for reliable power output for the next 30 years or so. With every price increase of the utility company power your investment gets better all the time. Utility costs are rising all over and will accelerate over the next few years. We expect the cost of electricity to rise and double over Obamas term in office due to cap and trade and increased regulation and market pressure.
At Bodine-Scott, our renewable energy options have helped dozens of local homes and businesses reduce their utility bills and any negative environmental impact from the use of traditional energy sources. Our technicians are NABCEP-certified experts, and we keep all of our staff informed and up to date on the latest developments in the solar industries. Our average customer sees a 50 percent reduction in utility costs, to say nothing of the invaluable reduction in environmental impact that comes from using clean energy. If you are serious about making an investment in the future of your home and the Earth, contact us today to speak with one of our renewable energy experts.
It all started in Vermont in 1997. Our passion for protecting the environment led us to our mission: to use the power of consumer choice to change the way power is made. Today, as the longest-serving renewable energy retailer, we remain committed to sustainability every step of the way. By offering only products with an environmental benefit and operating with a zero-carbon footprint, we’re living our promise to the planet, inside and out.
The ability of biomass and biofuels to contribute to a reduction in CO2 emissions is limited because both biomass and biofuels emit large amounts of air pollution when burned and in some cases compete with food supply. Furthermore, biomass and biofuels consume large amounts of water. Other renewable sources such as wind power, photovoltaics, and hydroelectricity have the advantage of being able to conserve water, lower pollution and reduce CO2 emissions.
Around the world many sub-national governments - regions, states and provinces - have aggressively pursued sustainable energy investments. In the United States, California's leadership in renewable energy was recognised by The Climate Group when it awarded former Governor Arnold Schwarzenegger its inaugural award for international climate leadership in Copenhagen in 2009. In Australia, the state of South Australia - under the leadership of former Premier Mike Rann - has led the way with wind power comprising 26% of its electricity generation by the end of 2011, edging out coal fired generation for the first time. South Australia also has had the highest take-up per capita of household solar panels in Australia following the Rann Government's introduction of solar feed-in laws and educative campaign involving the installation of solar photovoltaic installations on the roofs of prominent public buildings, including the parliament, museum, airport and Adelaide Showgrounds pavilion and schools. Rann, Australia's first climate change minister, passed legislation in 2006 setting targets for renewable energy and emissions cuts, the first legislation in Australia to do so.
“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]
This solar resource map provides a summary of the estimated solar energy available for power generation and other energy applications. It represents the average daily/yearly sum of electricity production from a 1 kW-peak grid-connected solar PV power plant covering the period from 1994/1999/2007 (depending on the geographical region) to 2015. Source: Global Solar Atlas]