Renewable energy is derived from natural processes that are replenished constantly. In its various forms, it derives directly from the sun, or from heat generated deep within the earth. Included in the definition is electricity and heat generated from solar, wind, ocean, hydropower, biomass, geothermal resources, and biofuels and hydrogen derived from renewable resources.
Several refineries that can process biomass and turn it into ethanol are built by companies such as Iogen, POET, and Abengoa, while other companies such as the Verenium Corporation, Novozymes, and Dyadic International are producing enzymes which could enable future commercialization. The shift from food crop feedstocks to waste residues and native grasses offers significant opportunities for a range of players, from farmers to biotechnology firms, and from project developers to investors.
You have read this far, and still want to install a wind turbine? Then it is time for a reality check: Most (some would say all) installed small wind turbines do abysmally poor in comparison with their energy production numbers as calculated above. That is the message from a number of studies, usually on behalf of governments that subsidize wind turbines. Do not just take our word for this, read it for yourself:
The windwheel of Hero of Alexandria (10 AD – 70 AD) marks one of the first recorded instances of wind powering a machine in history. However, the first known practical wind power plants were built in Sistan, an Eastern province of Persia (now Iran), from the 7th century. These "Panemone" were vertical axle windmills, which had long vertical drive shafts with rectangular blades. Made of six to twelve sails covered in reed matting or cloth material, these windmills were used to grind grain or draw up water, and were used in the gristmilling and sugarcane industries.
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.
Innovative programs around the country now make it possible for all environmentally conscious energy consumers to support renewable energy directly by participating in the "green" power market. The willingness to pay for the benefits of increasing our renewable energy supplies can be tapped within any market structure and by any size or type of energy consumer.
As the section above shows, anything under 5 m/s annual average wind speed is not going to be worth-while if you want any economic benefit out of a wind turbine. Even with government incentives, you would be better off with solar for most places. Let us take this a bit further, and assume your backyard is pretty windy, a full 6 m/s (13.4 mph) annual average wind speed at 100′ height. You get a 6 kW wind turbine installed, and shell out $50,000 for that privilege. If the installer did her job properly, the turbine is spinning in nice, clean, laminar air, and it will produce around 13,000 kWh per year. You are the kind of person that wins the lottery on a regular basis, marries a beauty queen (or king), and has kids that all go to ivy-league universities; your wind turbine never breaks and you do not have to shell out a single buck for maintenance over 20 years. Now your turbine has produced around 260,000 kWh of electricity, which works out to 19.2 cents per kWh in cost. Maybe you pay more than for electricity and it is worth it, but your are likely not getting rich, and any repairs and maintenance will drive that price up in a hurry.
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.
Currently, flying manned electric aircraft are mostly experimental demonstrators, though many small unmanned aerial vehicles are powered by batteries. Electrically powered model aircraft have been flown since the 1970s, with one report in 1957. The first man-carrying electrically powered flights were made in 1973. Between 2015–2016, a manned, solar-powered plane, Solar Impulse 2, completed a circumnavigation of the Earth.
Green energy, however, utilizes energy sources that are readily available all over the world, including in rural and remote areas that don't otherwise have access to electricity. Advances in renewable energy technologies have lowered the cost of solar panels, wind turbines and other sources of green energy, placing the ability to produce electricity in the hands of the people rather than those of oil, gas, coal and utility companies.
Geothermal power plants can operate 24 hours per day, providing base-load capacity, and the world potential capacity for geothermal power generation is estimated at 85 GW over the next 30 years. However, geothermal power is accessible only in limited areas of the world, including the United States, Central America, East Africa, Iceland, Indonesia, and the Philippines. The costs of geothermal energy have dropped substantially from the systems built in the 1970s. Geothermal heat generation can be competitive in many countries producing geothermal power, or in other regions where the resource is of a lower temperature. Enhanced geothermal system (EGS) technology does not require natural convective hydrothermal resources, so it can be used in areas that were previously unsuitable for geothermal power, if the resource is very large. EGS is currently under research at the U.S. Department of Energy.
Due to increased technology and wide implementation, the global glass fiber market might reach US$17.4 billion by 2024, compared to US$8.5 billion in 2014. Since it is the most widely used material for reinforcement in composites around the globe, the expansion of end use applications such as construction, transportation and wind turbines has fueled its popularity. Asia Pacific held the major share of the global market in 2014 with more than 45% volume share. However China is currently the largest producer. The industry receives subsidies from the Chinese government allowing them to export it cheaper to the US and Europe. However, due to the higher demand in the near future some price wars have started to developed to implement anti dumping strategies such as tariffs on Chinese glass fiber.
Similarly, in the United States, the independent National Research Council has noted that "sufficient domestic renewable resources exist to allow renewable electricity to play a significant role in future electricity generation and thus help confront issues related to climate change, energy security, and the escalation of energy costs … Renewable energy is an attractive option because renewable resources available in the United States, taken collectively, can supply significantly greater amounts of electricity than the total current or projected domestic demand."
The Solar updraft tower is a renewable-energy power plant for generating electricity from low temperature solar heat. Sunshine heats the air beneath a very wide greenhouse-like roofed collector structure surrounding the central base of a very tall chimney tower. The resulting convection causes a hot air updraft in the tower by the chimney effect. This airflow drives wind turbines placed in the chimney updraft or around the chimney base to produce electricity. Plans for scaled-up versions of demonstration models will allow significant power generation, and may allow development of other applications, such as water extraction or distillation, and agriculture or horticulture. A more advanced version of a similarly themed technology is the Vortex engine which aims to replace large physical chimneys with a vortex of air created by a shorter, less-expensive structure.
Green power is a subset of renewable energy and represents those renewable energy resources and technologies that provide the highest environmental benefit. The U.S. Environmental Protection Agency defines green power as electricity produced from solar, wind, geothermal, biogas, biomass and low-impact small hydroelectric sources. Customers often buy green power for avoided environmental impacts and its greenhouse gas reduction benefits.
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]