Any solar PV system that’s tied to the grid will use a bi-directional meter. When you use electricity from the grid, you’ll see your meter move forward. But when your solar PV system produces electricity, any excess will go back into the grid and your meter will move backward. This is called “net metering,” and the utility company will credit your bill for the excess electricity generated.
Rated power of a wind turbine may not be quite as meaningless as cut-in wind speed, though its use is limited. It could have some utility to quickly compare, or get a feel for, the size of the wind turbine, but only if those rated power numbers were taken at the same rated wind speed, and if the manufacturer is giving you a realistic number (many inflate rated power). A much better measure of turbine size is, simply, their diameter. As shown above it is by far the best predictor for power output.
In 2006 California approved the 'California Solar Initiative', offering a choice of investment subsidies or FIT for small and medium systems and a FIT for large systems. The small-system FIT of $0.39 per kWh (far less than EU countries) expires in just 5 years, and the alternate "EPBB" residential investment incentive is modest, averaging perhaps 20% of cost. All California incentives are scheduled to decrease in the future depending as a function of the amount of PV capacity installed.
Renewable energy technologies are getting cheaper, through technological change and through the benefits of mass production and market competition. A 2011 IEA report said: "A portfolio of renewable energy technologies is becoming cost-competitive in an increasingly broad range of circumstances, in some cases providing investment opportunities without the need for specific economic support," and added that "cost reductions in critical technologies, such as wind and solar, are set to continue."
Thorium is a fissionable material used in thorium-based nuclear power. The thorium fuel cycle claims several potential advantages over a uranium fuel cycle, including greater abundance, superior physical and nuclear properties, better resistance to nuclear weapons proliferation and reduced plutonium and actinide production. Therefore, it is sometimes referred as sustainable.
High Temperature Geothermal energy is from thermal energy generated and stored in the Earth. Thermal energy is the energy that determines the temperature of matter. Earth's geothermal energy originates from the original formation of the planet and from radioactive decay of minerals (in currently uncertain but possibly roughly equal proportions). The geothermal gradient, which is the difference in temperature between the core of the planet and its surface, drives a continuous conduction of thermal energy in the form of heat from the core to the surface. The adjective geothermal originates from the Greek roots geo, meaning earth, and thermos, meaning heat.
Biomass is biological material derived from living, or recently living organisms. It most often refers to plants or plant-derived materials which are specifically called lignocellulosic biomass. As an energy source, biomass can either be used directly via combustion to produce heat, or indirectly after converting it to various forms of biofuel. Conversion of biomass to biofuel can be achieved by different methods which are broadly classified into: thermal, chemical, and biochemical methods. Wood remains the largest biomass energy source today; examples include forest residues – such as dead trees, branches and tree stumps –, yard clippings, wood chips and even municipal solid waste. In the second sense, biomass includes plant or animal matter that can be converted into fibers or other industrial chemicals, including biofuels. Industrial biomass can be grown from numerous types of plants, including miscanthus, switchgrass, hemp, corn, poplar, willow, sorghum, sugarcane, bamboo, and a variety of tree species, ranging from eucalyptus to oil palm (palm oil).
Since the 1970s, Brazil has had an ethanol fuel program which has allowed the country to become the world's second largest producer of ethanol (after the United States) and the world's largest exporter. Brazil's ethanol fuel program uses modern equipment and cheap sugarcane as feedstock, and the residual cane-waste (bagasse) is used to produce heat and power. There are no longer light vehicles in Brazil running on pure gasoline. By the end of 2008 there were 35,000 filling stations throughout Brazil with at least one ethanol pump. Unfortunately, Operation Car Wash has seriously eroded public trust in oil companies and has implicated several high ranking Brazilian officials.
The generator, which is approximately 34% of the wind turbine cost, includes the electrical generator, the control electronics, and most likely a gear box (e.g. planetary gear box), adjustable-speed drive or continuously variable transmission component for converting the low-speed incoming rotation to high-speed rotation suitable for generating electricity.
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In an electricity system without grid energy storage, generation from stored fuels (coal, biomass, natural gas, nuclear) must be go up and down in reaction to the rise and fall of solar electricity (see load following power plant). While hydroelectric and natural gas plants can quickly follow solar being intermittent due to the weather, coal, biomass and nuclear plants usually take considerable time to respond to load and can only be scheduled to follow the predictable variation. Depending on local circumstances, beyond about 20–40% of total generation, grid-connected intermittent sources like solar tend to require investment in some combination of grid interconnections, energy storage or demand side management. Integrating large amounts of solar power with existing generation equipment has caused issues in some cases. For example, in Germany, California and Hawaii, electricity prices have been known to go negative when solar is generating a lot of power, displacing existing baseload generation contracts.
Al Gore says the reason is innovation. “The cost-reduction curve that came to technologies like computers, smartphones and flat-panel televisions has come to solar energy, wind energy and battery storage,” he says. “I remember being startled decades ago when people first started to explain to me that the cost of computing was being cut in half every 18 to 24 months. And now this dramatic economic change has begun to utterly transform the electricity markets.”
Electricity produced by wind generators can be used directly, as in water pumping applications, or it can be stored in batteries for later use. Wind generators can be used alone, or they may be used as part of a hybrid system, in which their output is combined with that of solar panels, and /or a fossil fuel generator. Hybrid systems are especially useful for winter backup of home systems where cloudy weather and windy conditions occur simultaneously.
When energy is purchased from the electricity network, the power reaching the consumer will not necessarily be generated from green energy sources. The local utility company, electric company, or state power pool buys their electricity from electricity producers who may be generating from fossil fuel, nuclear or renewable energy sources. In many countries green energy currently provides a very small amount of electricity, generally contributing less than 2 to 5% to the overall pool. In some U.S. states, local governments have formed regional power purchasing pools using Community Choice Aggregation and Solar Bonds to achieve a 51% renewable mix or higher, such as in the City of San Francisco.
Solar power is the conversion of energy from sunlight into electricity, either directly using photovoltaics (PV), indirectly using concentrated solar power, or a combination. Concentrated solar power systems use lenses or mirrors and tracking systems to focus a large area of sunlight into a small beam. Photovoltaic cells convert light into an electric current using the photovoltaic effect.