In 2007, General Electric's Chief Engineer predicted grid parity without subsidies in sunny parts of the United States by around 2015; other companies predicted an earlier date: the cost of solar power will be below grid parity for more than half of residential customers and 10% of commercial customers in the OECD, as long as grid electricity prices do not decrease through 2010.
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The total number of commercial and industrial renewable energy deals will be even higher, as RMI's numbers refer only to contracts for large, off-site renewable energy projects. That means rooftop solar projects deployed by the likes of Ikea and Target are not included in the RMI deal tracker, which was updated this week at the Renewable Energy Buyers Alliance conference in Oakland, California.
If you want to purchase a rooftop solar system for your home, federal tax credits and other state, local, or utility incentives can offset some of the upfront cost. There are also several financing options available for homeowners, including energy-saving mortgages, home equity, Property Assessed Clean Energy Loans, and more traditional bank loans.
Wind turbines allow us to harness the power of the wind and turn it into energy. When the wind blows, the turbine's blades spin clockwise, capturing energy. This triggers the main shaft, connected to a gearbox within the nacelle, to spin. The gearbox sends that energy to the generator, converting it to electricity. Electricity then travels down the tower to a transformer, where voltage levels are adjusted to match with the grid.
I wouldn’t consider myself a creative type. Never painted a picture, never felt confident in color or fabric choices. But I did get a real creativity boost living off-grid in northern New Mexico, raising children on one income in a home with caught water, gardening at 7600 feet in a climate that gets REALLY cold. We built a house called an earthship from recycled materials and earth.
A wide range of concentrating technologies exists: among the best known are the parabolic trough, the compact linear Fresnel reflector, the Stirling dish and the solar power tower. Various techniques are used to track the sun and focus light. In all of these systems a working fluid is heated by the concentrated sunlight, and is then used for power generation or energy storage. Thermal storage efficiently allows up to 24-hour electricity generation.
^ Jump up to: a b c Fridleifsson,, Ingvar B.; Bertani, Ruggero; Huenges, Ernst; Lund, John W.; Ragnarsson, Arni; Rybach, Ladislaus (11 February 2008). O. Hohmeyer and T. Trittin, ed. "The possible role and contribution of geothermal energy to the mitigation of climate change" (PDF). Luebeck, Germany: 59–80. Archived from the original (pdf) on 22 July 2011. Retrieved 6 April 2009.
Bioethanol is an alcohol made by fermentation, mostly from carbohydrates produced in sugar or starch crops such as corn, sugarcane, or sweet sorghum. Cellulosic biomass, derived from non-food sources such as trees and grasses is also being developed as a feedstock for ethanol production. Ethanol can be used as a fuel for vehicles in its pure form, but it is usually used as a gasoline additive to increase octane and improve vehicle emissions. Bioethanol is widely used in the USA and in Brazil. Biodiesel can be used as a fuel for vehicles in its pure form, but it is usually used as a diesel additive to reduce levels of particulates, carbon monoxide, and hydrocarbons from diesel-powered vehicles. Biodiesel is produced from oils or fats using transesterification and is the most common biofuel in Europe.
In Denmark by 1900, there were about 2500 windmills for mechanical loads such as pumps and mills, producing an estimated combined peak power of about 30 (MW). The largest machines were on 24-meter (79 ft) towers with four-bladed 23-meter (75 ft) diameter rotors. By 1908 there were 72 wind-driven electric generators operating in the United States from 5 kW to 25 kW. Around the time of World War I, American windmill makers were producing 100,000 farm windmills each year, mostly for water-pumping.
Also, the output voltage and power demand depends entirely upon the appliances you have and how you wish to use them. In addition, the location of the wind turbine generator, would the wind resource keep it constantly rotating for long periods of time or would the generator speed and therefore its output vary up and down with variations in the available wind.
A Darrieus type vertical axis wind turbine (the egg-beater type) can in theory work almost as good as a horizontal axis turbine. Actual measurement of one of the better designs out there, the UGE VisionAir5, does not bear that out though: It measures in at a pitiful 11% efficiency at 11 m/s wind speed, while a Bergey Excel-6 HAWT clocks in at 22% efficiency for that same wind speed, twice as much. You can read about it in Paul Gipe’s article. Besides efficiency issues, a Darrieus VAWT unfortunately has a number of inherent issues that put them at a disadvantage: Since they are usually tall and relatively narrow structures the bending forces on their main bearing (at the bottom) are very large. There are similar issues with the forces on the blades. This means that to make a reliable vertical axis turbine takes more material, and more expensive materials, in comparison to a horizontal type turbine. For comparison, that same UGE VisionAir5 weighs 756 kg vs. the Bergey Excel-6 at 350 kg. Keep in mind that the UGE turbine only sweeps about half the area of the Bergey, the latter is a much larger turbine! This makes VAWTs inherently more expensive, or less reliable, or both.
A 1.5 (MW) wind turbine of a type frequently seen in the United States has a tower 80 meters (260 ft) high. The rotor assembly (blades and hub) weighs 22,000 kilograms (48,000 lb). The nacelle, which contains the generator, weighs 52,000 kilograms (115,000 lb). The concrete base for the tower is constructed using 26,000 kilograms (58,000 lb) reinforcing steel and contains 190 cubic meters (250 cu yd) of concrete. The base is 15 meters (50 ft) in diameter and 2.4 meters (8 ft) thick near the center.
In terms of ocean energy, another third-generation technology, Portugal has the world's first commercial wave farm, the Aguçadora Wave Park, under construction in 2007. The farm will initially use three Pelamis P-750 machines generating 2.25 MW. and costs are put at 8.5 million euro. Subject to successful operation, a further 70 million euro is likely to be invested before 2009 on a further 28 machines to generate 525 MW. Funding for a wave farm in Scotland was announced in February, 2007 by the Scottish Executive, at a cost of over 4 million pounds, as part of a £13 million funding packages for ocean power in Scotland. The farm will be the world's largest with a capacity of 3 MW generated by four Pelamis machines. (see also Wave farm).
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In October 2018, the American Council for an Energy-Efficient Economy (ACEEE) released its annual "State Energy Efficiency Scorecard." The scorecard concluded that states and electric utility companies are continuing to expand energy efficiency measures in order to meet clean energy goals. In 2017, the U.S. spent $6.6 billion in electricity efficiency programs. $1.3 billion was spent on natural gas efficiency. These programs resulted in 27.3 million megawatt hours (MWh) of electricity saved.
Artificial photosynthesis uses techniques including nanotechnology to store solar electromagnetic energy in chemical bonds by splitting water to produce hydrogen and then using carbon dioxide to make methanol. Researchers in this field are striving to design molecular mimics of photosynthesis that utilize a wider region of the solar spectrum, employ catalytic systems made from abundant, inexpensive materials that are robust, readily repaired, non-toxic, stable in a variety of environmental conditions and perform more efficiently allowing a greater proportion of photon energy to end up in the storage compounds, i.e., carbohydrates (rather than building and sustaining living cells). However, prominent research faces hurdles, Sun Catalytix a MIT spin-off stopped scaling up their prototype fuel-cell in 2012, because it offers few savings over other ways to make hydrogen from sunlight.
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.
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.
If you regularly find your lawn furniture blown over, or have to collect it from the neighbour’s yard, your house needs to be repainted every year or two because it constantly gets sand-blasted, and where the trees have funny shapes (and not because your power company has been doing the pruning), that is when you know you live in a windy place where a wind turbine is likely to make economic sense.
Several large-scale energy storage suggestions for the grid have been done. Worldwide there is over 100 GW of Pumped-storage hydroelectricity. This improves efficiency and decreases energy losses but a conversion to an energy storing mains electricity grid is a very costly solution. Some costs could potentially be reduced by making use of energy storage equipment the consumer buys and not the state. An example is batteries in electric cars that would double as an energy buffer for the electricity grid. However besides the cost, setting-up such a system would still be a very complicated and difficult procedure. Also, energy storage apparatus' as car batteries are also built with materials that pose a threat to the environment (e.g. Lithium). The combined production of batteries for such a large part of the population would still have environmental concerns. Besides car batteries however, other Grid energy storage projects make use of less polluting energy carriers (e.g. compressed air tanks and flywheel energy storage).
The energy in the wind goes up with the cube of the wind speed. Double the wind speed and you have 2 * 2 * 2 = 8 times the energy! Sit back and let the full weight of that sink in for a moment: It means that even a small difference in annual average wind speed will make a BIG difference in how much your wind turbine will produce: Putting that turbine in a place that has just 10% more wind will net you 1.1 * 1.1 * 1.1 = 1.33 = a full 33% more energy!
Renewable energy is energy that is collected from renewable resources, which are naturally replenished on a human timescale, such as sunlight, wind, rain, tides, waves, and geothermal heat. Renewable energy often provides energy in four important areas: electricity generation, air and water heating/cooling, transportation, and rural (off-grid) energy services.
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.
As of 2018, American electric utility companies are planning new or extra renewable energy investments. These investments are particularly aimed at solar energy, thanks to the Tax Cuts and Jobs Act of 2017 being signed into law. The law retained incentives for renewable energy development. Utility companies are taking advantage of the federal solar investment tax credit before it permanently goes down to 10% after 2021. According to the March 28 S&P Global Market Intelligence report summary, "NextEra Energy Inc., Duke Energy Corp., and Dominion Energy Inc.’s utilities are among a number of companies in the sector contemplating significant solar investments in the near-term. Other companies, including Xcel Energy Inc. and Alliant Energy Corp., are undertaking large wind projects in the near-term, but are considering ramping up solar investments in the coming years."
Because one obstacle to adopting wind and solar power is reliability—what happens on calm, cloudy days?—recent improvements in energy-storage technology, a.k.a. batteries, are helping accelerate adoption of renewables. Last May, for example, Tucson Electric Power signed a deal for solar energy with storage, which can mitigate (if not entirely resolve) concerns about how to provide power on gray days. The storage upped the energy cost by $15 per megawatt hour. By the end of the year, the Public Service Company of Colorado had been quoted a storage fee that increased the cost of a megawatt hour by only $3 to $7, a drop of more than 50 percent. In a landmark achievement, Tesla installed the world’s largest lithium-ion battery in South Australia last December, to store wind-generated power. But by then Hyundai Electric was at work in the South Korean metropolis of Ulsan on a battery that was 50 percent bigger.
Space-Based Solar Power Satellites seek to overcome the problems of storage and provide civilization-scale power that is clean, constant, and global. Japan and China have active national programs aimed at commercial scale Space-Based Solar Power (SBSP), and both nation's hope to orbit demonstrations in the 2030s. The China Academy of Space Technology (CAST) won the 2015 International SunSat Design Competition with this video of their Multi-Rotary Joint design. Proponents of SBSP claim that Space-Based Solar Power would be clean, constant, and global, and could scale to meet all planetary energy demand. A recent multi-agency industry proposal (echoing the 2008 Pentagon recommendation) won the SECDEF/SECSTATE/USAID Director D3 (Diplomacy, Development, Defense) Innovation Challenge  with the following pitch and vision video. Northrop Grumman is funding CALTECH with $17.5 million for an ultra lightweight design. Keith Henson posted a video of a "bootstrapping" approach.
Another economic measure, closely related to the energy payback time, is the energy returned on energy invested (EROEI) or energy return on investment (EROI), which is the ratio of electricity generated divided by the energy required to build and maintain the equipment. (This is not the same as the economic return on investment (ROI), which varies according to local energy prices, subsidies available and metering techniques.) With expected lifetimes of 30 years, the EROEI of PV systems are in the range of 10 to 30, thus generating enough energy over their lifetimes to reproduce themselves many times (6–31 reproductions) depending on what type of material, balance of system (BOS), and the geographic location of the system.
Jump up ^ James, Paul; Magee, Liam; Scerri, Andy; Steger, Manfred B. (2015). Urban Sustainability in Theory and Practice:. London: Routledge.; Liam Magee; Andy Scerri; Paul James; Jaes A. Thom; Lin Padgham; Sarah Hickmott; Hepu Deng; Felicity Cahill (2013). "Reframing social sustainability reporting: Towards an engaged approach". Environment, Development and Sustainability. Springer.
The typical cost factors for solar power include the costs of the modules, the frame to hold them, wiring, inverters, labour cost, any land that might be required, the grid connection, maintenance and the solar insolation that location will receive. Adjusting for inflation, it cost $96 per watt for a solar module in the mid-1970s. Process improvements and a very large boost in production have brought that figure down to 68 cents per watt in February 2016, according to data from Bloomberg New Energy Finance. Palo Alto California signed a wholesale purchase agreement in 2016 that secured solar power for 3.7 cents per kilowatt-hour. And in sunny Dubai large-scale solar generated electricity sold in 2016 for just 2.99 cents per kilowatt-hour – "competitive with any form of fossil-based electricity — and cheaper than most."