Wind-to-rotor efficiency (including rotor blade friction and drag) are among the factors impacting the final price of wind power.[16] 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.[17][18][needs update]
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[121][122][123] and reduced plutonium and actinide production.[123] Therefore, it is sometimes referred as sustainable.[124]
“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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Small wind turbines may be used for a variety of applications including on- or off-grid residences, telecom towers, offshore platforms, rural schools and clinics, remote monitoring and other purposes that require energy where there is no electric grid, or where the grid is unstable. Small wind turbines may be as small as a fifty-watt generator for boat or caravan use. Hybrid solar and wind powered units are increasingly being used for traffic signage, particularly in rural locations, as they avoid the need to lay long cables from the nearest mains connection point.[60] The U.S. Department of Energy's National Renewable Energy Laboratory (NREL) defines small wind turbines as those smaller than or equal to 100 kilowatts.[61] Small units often have direct drive generators, direct current output, aeroelastic blades, lifetime bearings and use a vane to point into the wind.
The advantage of this approach in the United States is that many states offer incentives to offset the cost of installation of a renewable energy system. In California, Massachusetts and several other U.S. states, a new approach to community energy supply called Community Choice Aggregation has provided communities with the means to solicit a competitive electricity supplier and use municipal revenue bonds to finance development of local green energy resources. Individuals are usually assured that the electricity they are using is actually produced from a green energy source that they control. Once the system is paid for, the owner of a renewable energy system will be producing their own renewable electricity for essentially no cost and can sell the excess to the local utility at a profit.
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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.[1]