Grid parity, the point at which the cost of photovoltaic electricity is equal to or cheaper than the price of grid power, is more easily achieved in areas with abundant sun and high costs for electricity such as in California and Japan. In 2008, The levelized cost of electricity for solar PV was $0.25/kWh or less in most of the OECD countries. By late 2011, the fully loaded cost was predicted to fall below $0.15/kWh for most of the OECD and to reach $0.10/kWh in sunnier regions. These cost levels are driving three emerging trends: vertical integration of the supply chain, origination of power purchase agreements (PPAs) by solar power companies, and unexpected risk for traditional power generation companies, grid operators and wind turbine manufacturers.[dead link]
A photovoltaic system converts light into electrical direct current (DC) by taking advantage of the photoelectric effect. Solar PV has turned into a multi-billion, fast-growing industry, continues to improve its cost-effectiveness, and has the most potential of any renewable technologies together with CSP. Concentrated solar power (CSP) systems use lenses or mirrors and tracking systems to focus a large area of sunlight into a small beam. Commercial concentrated solar power plants were first developed in the 1980s. CSP-Stirling has by far the highest efficiency among all solar energy technologies.
In 2011, the International Energy Agency said that "the development of affordable, inexhaustible and clean solar energy technologies will have huge longer-term benefits. It will increase countries' energy security through reliance on an indigenous, inexhaustible and mostly import-independent resource, enhance sustainability, reduce pollution, lower the costs of mitigating climate change, and keep fossil fuel prices lower than otherwise. These advantages are global. Hence the additional costs of the incentives for early deployment should be considered learning investments; they must be wisely spent and need to be widely shared". Italy has the largest proportion of solar electricity in the world, in 2015 solar supplied 7.8% of electricity demand in Italy. In 2016, after another year of rapid growth, solar generated 1.3% of global power.
Commercial concentrating solar power (CSP) plants, also called "solar thermal power stations", were first developed in the 1980s. The 377 MW Ivanpah Solar Power Facility, located in California's Mojave Desert, is the world’s largest solar thermal power plant project. Other large CSP plants include the Solnova Solar Power Station (150 MW), the Andasol solar power station (150 MW), and Extresol Solar Power Station (150 MW), all in Spain. The principal advantage of CSP is the ability to efficiently add thermal storage, allowing the dispatching of electricity over up to a 24-hour period. Since peak electricity demand typically occurs at about 5 pm, many CSP power plants use 3 to 5 hours of thermal storage.
Our home wind turbene systems are Wind/Solar Hybrid, and are qualified for government tax crdedits of 30%. So, for your investment made in these systems the IRS credits you back 30% within one year of purchase. You get 30% back from the IRS. So, basically the government will pay for almost 1/3 of your investment made in your new home wind Generator energy system. This includes all installation costs and expenses and is a real nice start on your investment payback.
Wind power first appeared in Europe during the Middle Ages. The first historical records of their use in England date to the 11th or 12th centuries and there are reports of German crusaders taking their windmill-making skills to Syria around 1190. By the 14th century, Dutch windmills were in use to drain areas of the Rhine delta. Advanced wind turbines were described by Croatian inventor Fausto Veranzio. In his book Machinae Novae (1595) he described vertical axis wind turbines with curved or V-shaped blades.
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Due to data transmission problems, structural health monitoring of wind turbines is usually performed using several accelerometers and strain gages attached to the nacelle to monitor the gearbox and equipments. Currently, digital image correlation and stereophotogrammetry are used to measure dynamics of wind turbine blades. These methods usually measure displacement and strain to identify location of defects. Dynamic characteristics of non-rotating wind turbines have been measured using digital image correlation and photogrammetry. Three dimensional point tracking has also been used to measure rotating dynamics of wind turbines.
Renewable energy projects in many developing countries have demonstrated that renewable energy can directly contribute to poverty reduction by providing the energy needed for creating businesses and employment. Renewable energy technologies can also make indirect contributions to alleviating poverty by providing energy for cooking, space heating, and lighting. Renewable energy can also contribute to education, by providing electricity to schools.
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.
America is embracing renewables, slowly. In 2016, Massachusetts passed a law promoting a huge investment in wind and hydropower; the first megawatt is expected to hit the grid in 2020. Early this year New York State announced plans to spend 12 years building the infrastructure for a $6 billion offshore wind power industry. Hawaii has pledged to be powered entirely by renewable energy—in 2045. Atlanta’s goal is 2035 and San Francisco’s is 2030. Typically, plans to convert to sustainable energy stretch on for decades.
It is unfortunate to see how well marketing for small wind turbines is working: I often see people post questions on forums, where they are looking for a wind turbine “with a low cut-in wind speed”. Depending on whom you ask, the cut-in wind speed is either the wind speed where the turbine starts turning, or the wind speed where it starts to produce some power. For most wind turbines it is around 2.5 – 3.5 m/s (5.5 – 8 mph), and it is an utterly meaningless parameter.
Compact Linear Fresnel Reflectors are CSP-plants which use many thin mirror strips instead of parabolic mirrors to concentrate sunlight onto two tubes with working fluid. This has the advantage that flat mirrors can be used which are much cheaper than parabolic mirrors, and that more reflectors can be placed in the same amount of space, allowing more of the available sunlight to be used. Concentrating linear fresnel reflectors can be used in either large or more compact plants.