“Renewable Energy Market to Garner $2,152 Billion by 2025, Reveals Report” • According to a report published by Allied Market Research, renewables industries will very likely result in an impressive growth for the entire market. It projects the global renewable energy market is to reach in excess of $2,152 billion by 2025. [Interesting Engineering]
Jump up ^ Artificial photosynthesis as a frontier technology for energy sustainability. Thomas Faunce, Stenbjorn Styring, Michael R. Wasielewski, Gary W. Brudvig, A. William Rutherford, Johannes Messinger, Adam F. Lee, Craig L. Hill, Huub deGroot, Marc Fontecave, Doug R. MacFarlane, Ben Hankamer, Daniel G. Nocera, David M. Tiede, Holger Dau, Warwick Hillier, Lianzhou Wang and Rose Amal. Energy Environ. Sci., 2013, Advance Article doi:10.1039/C3EE40534F
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.
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.
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.
Currently, flying manned electric aircraft are mostly experimental demonstrators, though many small unmanned aerial vehicles are powered by batteries. Electrically powered model aircraft have been flown since the 1970s, with one report in 1957. The first man-carrying electrically powered flights were made in 1973. Between 2015–2016, a manned, solar-powered plane, Solar Impulse 2, completed a circumnavigation of the Earth.
As of 2011, small solar PV systems provide electricity to a few million households, and micro-hydro configured into mini-grids serves many more. Over 44 million households use biogas made in household-scale digesters for lighting and/or cooking, and more than 166 million households rely on a new generation of more-efficient biomass cookstoves. United Nations' Secretary-General Ban Ki-moon has said that renewable energy has the ability to lift the poorest nations to new levels of prosperity. At the national level, at least 30 nations around the world already have renewable energy contributing more than 20% of energy supply. National renewable energy markets are projected to continue to grow strongly in the coming decade and beyond, and some 120 countries have various policy targets for longer-term shares of renewable energy, including a 20% target of all electricity generated for the European Union by 2020. Some countries have much higher long-term policy targets of up to 100% renewables. Outside Europe, a diverse group of 20 or more other countries target renewable energy shares in the 2020–2030 time frame that range from 10% to 50%.
Green Pricing is an optional utility service for customers who want to help expand the production and distribution of renewable energy technologies. With green pricing, you do not have to change your electricity provider. Instead, customers choose to pay a premium on their electricity bill to cover the extra cost of purchasing clean, sustainable energy. As of March 2006, more than 600 utilities, electricity providers in 36 states offer a green pricing option.
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