Alternatively, SRECs allow for a market mechanism to set the price of the solar generated electricity subsity. In this mechanism, a renewable energy production or consumption target is set, and the utility (more technically the Load Serving Entity) is obliged to purchase renewable energy or face a fine (Alternative Compliance Payment or ACP). The producer is credited for an SREC for every 1,000 kWh of electricity produced. If the utility buys this SREC and retires it, they avoid paying the ACP. In principle this system delivers the cheapest renewable energy, since the all solar facilities are eligible and can be installed in the most economic locations. Uncertainties about the future value of SRECs have led to long-term SREC contract markets to give clarity to their prices and allow solar developers to pre-sell and hedge their credits.
Photovoltaic systems use no fuel, and modules typically last 25 to 40 years. Thus, capital costs make up most of the cost of solar power. Operations and maintenance costs for new utility-scale solar plants in the US are estimated to be 9 percent of the cost of photovoltaic electricity, and 17 percent of the cost of solar thermal electricity. Governments have created various financial incentives to encourage the use of solar power, such as feed-in tariff programs. Also, Renewable portfolio standards impose a government mandate that utilities generate or acquire a certain percentage of renewable power regardless of increased energy procurement costs. In most states, RPS goals can be achieved by any combination of solar, wind, biomass, landfill gas, ocean, geothermal, municipal solid waste, hydroelectric, hydrogen, or fuel cell technologies.
Solar power panels that use nanotechnology, which can create circuits out of individual silicon molecules, may cost half as much as traditional photovoltaic cells, according to executives and investors involved in developing the products. Nanosolar has secured more than $100 million from investors to build a factory for nanotechnology thin-film solar panels. The company's plant has a planned production capacity of 430 megawatts peak power of solar cells per year. Commercial production started and first panels have been shipped to customers in late 2007.
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.
Some of the second-generation renewables, such as wind power, have high potential and have already realised relatively low production costs. At the end of 2008, worldwide wind farm capacity was 120,791 megawatts (MW), representing an increase of 28.8 percent during the year, and wind power produced some 1.3% of global electricity consumption. Wind power accounts for approximately 20% of electricity use in Denmark, 9% in Spain, and 7% in Germany. However, it may be difficult to site wind turbines in some areas for aesthetic or environmental reasons, and it may be difficult to integrate wind power into electricity grids in some cases.
From the end of 2004, worldwide renewable energy capacity grew at rates of 10–60% annually for many technologies. In 2015 global investment in renewables rose 5% to $285.9 billion, breaking the previous record of $278.5 billion in 2011. 2015 was also the first year that saw renewables, excluding large hydro, account for the majority of all new power capacity (134 GW, making up 53.6% of the total). Of the renewables total, wind accounted for 72 GW and solar photovoltaics 56 GW; both record-breaking numbers and sharply up from 2014 figures (49 GW and 45 GW respectively). In financial terms, solar made up 56% of total new investment and wind accounted for 38%.
Only a quarter of the worlds estimated hydroelectric potential of 14,000 TWh/year has been developed, the regional potentials for the growth of hydropower around the world are, 71% Europe, 75% North America, 79% South America, 95% Africa, 95% Middle East, 82% Asia Pacific. However, the political realities of new reservoirs in western countries, economic limitations in the third world and the lack of a transmission system in undeveloped areas, result in the possibility of developing 25% of the remaining potential before 2050, with the bulk of that being in the Asia Pacific area. There is slow growth taking place in Western counties, but not in the conventional dam and reservoir style of the past. New projects take the form of run-of-the-river and small hydro, neither using large reservoirs. It is popular to repower old dams thereby increasing their efficiency and capacity as well as quicker responsiveness on the grid. Where circumstances permit existing dams such as the Russell Dam built in 1985 may be updated with "pump back" facilities for pumped-storage which is useful for peak loads or to support intermittent wind and solar power. Countries with large hydroelectric developments such as Canada and Norway are spending billions to expand their grids to trade with neighboring countries having limited hydro.
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).
A heat pump is a device that provides heat energy from a source of heat to a destination called a "heat sink". Heat pumps are designed to move thermal energy opposite to the direction of spontaneous heat flow by absorbing heat from a cold space and releasing it to a warmer one. A solar-assisted heat pump represents the integration of a heat pump and thermal solar panels in a single integrated system. Typically these two technologies are used separately (or only placing them in parallel) to produce hot water. In this system the solar thermal panel performs the function of the low temperature heat source and the heat produced is used to feed the heat pump's evaporator. The goal of this system is to get high COP and then produce energy in a more efficient and less expensive way.
The stator is the “stationary” (hence its name) part of the machine and can have either a set of electrical windings producing an electromagnet or a set of permanent magnets within its design. The rotor is the part of the machine that “rotates”. Again, the rotor can have output coils that rotate or permanent magnets. Generally, generators and alternators used for wind turbine generators are defined by how they make generate their magnetism, either electromagnets or permanent magnets.
Concentrated solar power plants may use thermal storage to store solar energy, such as in high-temperature molten salts. These salts are an effective storage medium because they are low-cost, have a high specific heat capacity, and can deliver heat at temperatures compatible with conventional power systems. This method of energy storage is used, for example, by the Solar Two power station, allowing it to store 1.44 TJ in its 68 m³ storage tank, enough to provide full output for close to 39 hours, with an efficiency of about 99%.
Solar thermal power stations have been successfully operating in California commercially since the late 1980s, including the largest solar power plant of any kind, the 350 MW Solar Energy Generating Systems. Nevada Solar One is another 64MW plant which has recently opened. Other parabolic trough power plants being proposed are two 50MW plants in Spain, and a 100MW plant in Israel.
“Volkswagen Converting Zwickau Automotive Plant to Produce Electric Vehicles” • In a move that it believes is the first of its kind in the world for a major car factory, VW is converting its auto factory in Zwickau, Germany from internal combustion vehicle production to manufacture of electric vehicles. The plant makes 330,000 cars per year. [CleanTechnica]
There is no energy in the wind at those wind speeds, nothing to harvest for the turbine. While it may make you feel good to see your expensive yard toy spin, it is not doing anything meaningful in a breeze like that: To give you some idea, a wind turbine with a diameter of 6 meters (pretty large as small wind turbines go) can realistically produce just 120 Watt at 3.5 m/s wind speed. That same turbine would be rated at 6 kW (or more, see the next section), so energy production at cut-in really is just a drop in the bucket. What is more, due to the way grid-tie inverters work, you are about as likely to be loosing energy around cut-in wind speed to keep the inverter powered, as you are in making any energy, resulting in a net-loss of electricity production.
Renewable energy, after its generation, needs to be stored in a medium for use with autonomous devices as well as vehicles. Also, to provide household electricity in remote areas (that is areas which are not connected to the mains electricity grid), energy storage is required for use with renewable energy. Energy generation and consumption systems used in the latter case are usually stand-alone power systems.
“New Wind May Be Cheaper than Old, Reliable Coal” • Wind farms have cost less to build and operate than coal-fired power plants for some time. The trend of lower costs for renewables has crossed a threshold: it is sometimes cheaper to build a brand new wind facility than keep an old coal plant burning, according to Lazard Ltd. [Casper Star-Tribune Online]
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In the United States, one of the main problems with purchasing green energy through the electrical grid is the current centralized infrastructure that supplies the consumer’s electricity. This infrastructure has led to increasingly frequent brown outs and black outs, high CO2 emissions, higher energy costs, and power quality issues. An additional $450 billion will be invested to expand this fledgling system over the next 20 years to meet increasing demand. In addition, this centralized system is now being further overtaxed with the incorporation of renewable energies such as wind, solar, and geothermal energies. Renewable resources, due to the amount of space they require, are often located in remote areas where there is a lower energy demand. The current infrastructure would make transporting this energy to high demand areas, such as urban centers, highly inefficient and in some cases impossible. In addition, despite the amount of renewable energy produced or the economic viability of such technologies only about 20 percent will be able to be incorporated into the grid. To have a more sustainable energy profile, the United States must move towards implementing changes to the electrical grid that will accommodate a mixed-fuel economy.
What is a small wind turbine? Anything under, say, 10 meters rotor diameter (30 feet) is well within the “small wind” category. That works out to wind turbines with a rated power up to around 20 kW (at 11 m/s, or 25 mph). For larger wind turbines the manufacturers are usually a little more honest, and more money is available to do a good site analysis. The information in this article is generic: The same applies to all the other brands and models, be they of the HAWT (Horizontal Axis Wind Turbine) or VAWT (Vertical Axis Wind Turbine) persuasion.
Technologies promote sustainable energy including renewable energy sources, such as hydroelectricity, solar energy, wind energy, wave power, geothermal energy, bioenergy, tidal power and also technologies designed to improve energy efficiency. Costs have decreased immensely throughout the years, and continue to fall. Increasingly, effective government policies support investor confidence and these markets are expanding. Considerable progress is being made in the energy transition from fossil fuels to ecologically sustainable systems, to the point where many studies support 100% renewable energy.
Wind-to-rotor efficiency (including rotor blade friction and drag) are among the factors impacting the final price of wind power. Further inefficiencies, such as gearbox losses, generator and converter losses, reduce the power delivered by a wind turbine. To protect components from undue wear, extracted power is held constant above the rated operating speed as theoretical power increases at the cube of wind speed, further reducing theoretical efficiency. In 2001, commercial utility-connected turbines deliver 75% to 80% of the Betz limit of power extractable from the wind, at rated operating speed.[needs update]
In the next tutorial about Wind Turbine Generators we will look at DC machines and how we can use a DC Generator to produce electricity from the power of the wind. To learn more about “Wind Turbine Generators”, or obtain more wind energy information about the various wind turbine generating systems available, or to explore the advantages and disadvantages of wind energy, Click Here to get your copy of one of the top “Wind Turbine Guides” today direct from Amazon.
Consumers throughout the United States have a third green power option: Renewable Energy Certificates (RECs or sometimes "green tags"). A REC represents the environmental attributes or benefits of renewable electricity generation (usually one credit = one kilowatt-hour). RECs can be purchased in almost any quantity and are usually available from someone other than your electricity provider. What you pay for is the benefit of adding clean, renewable energy generation to the regional or national electricity grid. The overall environmental benefit of purchasing a green pricing or green marketing product versus RECs is exactly the same. RECs provide a "green" option for people in any state, but are ideal for people who live in states where green pricing and green marketing options are not available.
Several groups in various sectors are conducting research on Jatropha curcas, a poisonous shrub-like tree that produces seeds considered by many to be a viable source of biofuels feedstock oil. Much of this research focuses on improving the overall per acre oil yield of Jatropha through advancements in genetics, soil science, and horticultural practices. SG Biofuels, a San Diego-based Jatropha developer, has used molecular breeding and biotechnology to produce elite hybrid seeds of Jatropha that show significant yield improvements over first generation varieties. The Center for Sustainable Energy Farming (CfSEF) is a Los Angeles-based non-profit research organization dedicated to Jatropha research in the areas of plant science, agronomy, and horticulture. Successful exploration of these disciplines is projected to increase Jatropha farm production yields by 200-300% in the next ten years.
Meanwhile, we enjoy life grid intertied here in northern California. Our daughters and their families are nearby using their independent living skills to make their own homes. One daughter has designed and sold 300 off-grid or gridtie solar electric systems since the first of the year. The other is baking bread today and figuring out what to do with the multitude of tomatillos, squash and eggplant that are spilling out of our garden. I’m so proud of my tribe!
I ask Gore about the lessons he takes from Georgetown. “I think it’s important to pay attention to a CPA who becomes a mayor and takes an objective look at how he can save money for the citizens of his community, even if it means ignoring ideological presuppositions about fossil energy. Especially when the mayor in question is in the heart of oil and gas country.”
Jump up ^ Schröder, K.-P.; Smith, R.C. (2008). "Distant future of the Sun and Earth revisited". Monthly Notices of the Royal Astronomical Society. 386 (1): 155–163. arXiv:0801.4031. Bibcode:2008MNRAS.386..155S. doi:10.1111/j.1365-2966.2008.13022.x. See also Palmer, J. (2008). "Hope dims that Earth will survive Sun's death". New Scientist. Retrieved 24 March 2008.
The primary obstacle that is preventing the large scale implementation of solar powered energy generation is the inefficiency of current solar technology. Currently, photovoltaic (PV) panels only have the ability to convert around 24% of the sunlight that hits them into electricity. At this rate, solar energy still holds many challenges for widespread implementation, but steady progress has been made in reducing manufacturing cost and increasing photovoltaic efficiency. Both Sandia National Laboratories and the National Renewable Energy Laboratory (NREL), have heavily funded solar research programs. The NREL solar program has a budget of around $75 million  and develops research projects in the areas of photovoltaic (PV) technology, solar thermal energy, and solar radiation. The budget for Sandia’s solar division is unknown, however it accounts for a significant percentage of the laboratory’s $2.4 billion budget. Several academic programs have focused on solar research in recent years. The Solar Energy Research Center (SERC) at University of North Carolina (UNC) has the sole purpose of developing cost effective solar technology. In 2008, researchers at Massachusetts Institute of Technology (MIT) developed a method to store solar energy by using it to produce hydrogen fuel from water. Such research is targeted at addressing the obstacle that solar development faces of storing energy for use during nighttime hours when the sun is not shining. In February 2012, North Carolina-based Semprius Inc., a solar development company backed by German corporation Siemens, announced that they had developed the world’s most efficient solar panel. The company claims that the prototype converts 33.9% of the sunlight that hits it to electricity, more than double the previous high-end conversion rate. Major projects on artificial photosynthesis or solar fuels are also under way in many developed nations.
A typical house usually requires a home wind turbine with a 5 kW generating capacity to meet all its energy requirements. A turbine that offers this much power would have to be around 13 to 18 feet in diameter and positioned in an area where strong winds often pass through. There are also plenty of smaller, cheaper turbines, but these variants produce less power and are less reliable than their more expensive counterparts.
The political purpose of incentive policies for PV is to facilitate an initial small-scale deployment to begin to grow the industry, even where the cost of PV is significantly above grid parity, to allow the industry to achieve the economies of scale necessary to reach grid parity. The policies are implemented to promote national energy independence, high tech job creation and reduction of CO2 emissions. Three incentive mechanisms are often used in combination as investment subsidies: the authorities refund part of the cost of installation of the system, the electricity utility buys PV electricity from the producer under a multiyear contract at a guaranteed rate, and Solar Renewable Energy Certificates (SRECs)