The Stirling solar dish combines a parabolic concentrating dish with a Stirling engine which normally drives an electric generator. The advantages of Stirling solar over photovoltaic cells are higher efficiency of converting sunlight into electricity and longer lifetime. Parabolic dish systems give the highest efficiency among CSP technologies. The 50 kW Big Dish in Canberra, Australia is an example of this technology.
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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%.
Climate change concerns coupled with high oil prices and increasing government support are driving increasing rates of investment in the sustainable energy industries, according to a trend analysis from the United Nations Environment Programme. According to UNEP, global investment in sustainable energy in 2007 was higher than previous levels, with $148 billion of new money raised in 2007, an increase of 60% over 2006. Total financial transactions in sustainable energy, including acquisition activity, was $204 billion.
In 2007, the world's first turbine to create commercial amounts of energy using tidal power was installed in the narrows of Strangford Lough in Ireland. The 1.2 MW underwater tidal electricity generator takes advantage of the fast tidal flow in the lough which can be up to 4m/s. Although the generator is powerful enough to power up to a thousand homes, the turbine has a minimal environmental impact, as it is almost entirely submerged, and the rotors turn slowly enough that they pose no danger to wildlife.
Through collaboration, smaller buyers can benefit from economies of scale, while larger buyers can continue to see cost benefits while achieving their renewable energy goals. Aggregation allows companies to procure in a mutually beneficial way with relatively little give and take. For that reason, RMI believes this marks “the beginning of a trend,” Haley said.
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)
Solar power is produced by collecting sunlight and converting it into electricity. This is done by using solar panels, which are large flat panels made up of many individual solar cells. It is most often used in remote locations, although it is becoming more popular in urban areas as well. This page contains articles that explore advances in solar energy technology.
Low Temperature Geothermal refers to the use of the outer crust of the earth as a Thermal Battery to facilitate Renewable thermal energy for heating and cooling buildings, and other refrigeration and industrial uses. In this form of Geothermal, a Geothermal Heat Pump and Ground-coupled heat exchanger are used together to move heat energy into the earth (for cooling) and out of the earth (for heating) on a varying seasonal basis. Low temperature Geothermal (generally referred to as "GHP") is an increasingly important renewable technology because it both reduces total annual energy loads associated with heating and cooling, and it also flattens the electric demand curve eliminating the extreme summer and winter peak electric supply requirements. Thus Low Temperature Geothermal/GHP is becoming an increasing national priority with multiple tax credit support and focus as part of the ongoing movement toward Net Zero Energy. New York City has even just passed a law to require GHP anytime is shown to be economical with 20 year financing including the Socialized Cost of Carbon.
Join GTM at the upcoming Power & Renewables Summit! We'll cover how decarbonization, sector electrification and shifting regulatory developments will transform power markets over the next 10-to-20 years. We have already confirmed senior executives with FERC, Exelon, ERCOT, PJM, APS, Microsoft, Dell, CPS Energy, NRG, CohnReznick, Los Angeles Department of Water & Power and many more. Learn more here.
Photovoltaics were initially solely used as a source of electricity for small and medium-sized applications, from the calculator powered by a single solar cell to remote homes powered by an off-grid rooftop PV system. Commercial concentrated solar power plants were first developed in the 1980s. The 392 MW Ivanpah installation is the largest concentrating solar power plant in the world, located in the Mojave Desert of California.