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.
From the end of 2004, worldwide renewable energy capacity grew at rates of 10–60% annually for many technologies. In 2015 global investment in renewables rose 5% to $285.9 billion, breaking the previous record of $278.5 billion in 2011. 2015 was also the first year that saw renewables, excluding large hydro, account for the majority of all new power capacity (134 GW, making up 53.6% of the total). Of the renewables total, wind accounted for 72 GW and solar photovoltaics 56 GW; both record-breaking numbers and sharply up from 2014 figures (49 GW and 45 GW respectively). In financial terms, solar made up 56% of total new investment and wind accounted for 38%.
The Sunforce 44444 400 Watt Wind Generator uses wind to generate power and run your appliances and electronics, helping to produce electricity at cabins and worksites far from existing power lines. Constructed from lightweight, weatherproof cast aluminum, this generator charges 12-volt batteries for large power demands in both land and marine environments. With a maximum power up to 400 watts, this device features a fully integrated regulator that automatically shuts down when the batteries are completely charged.
How accurate are these numbers? This is the energy production a good horizontal-axis wind turbine can reach, if installed at the perfect site and height. These are the upper limit though, if your turbine produces anywhere near the number predicted by this table you should be doing your happy-dance! Most small wind turbine installations underperform significantly, in fact, the average seems to be about half of the predicted energy production (and many do not even reach that). There can be many reasons for the performance shortfall; poor site selection, with more turbulent air than expected often has much to do with it. The reports in the ‘real world’ section following below illustrate this point. Many small wind turbines do not reach 30% overall efficiency, some are close to 0% (this is no joke!), so these numbers have only one direction to go. For off-grid battery charging wind turbines you should deduct 20 – 30% of the predicted numbers, due to the lower efficiency of a turbine tied to batteries, and the losses involved in charging batteries.
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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).
Solar contractors face many decisions when it comes to finding the best solar design. One important consideration is determining whether to use module-level power electronics (microinverters or DC optimizers). Once costly specialty products, module-level power electronics have made great strides in the last decade and are rapidly growing in popularity. And there’s good reason for…
Turbines used in residential applications can range in size from 400 Watts to 100 kW (100 kW for very large loads), depending on the amount of electricity you want to generate. For residential applications, you should establish an energy budget and see whether financial incentives are available. This information will help determine the turbine size you will need. Because energy efficiency is usually less expensive than energy production, making your house more energy efficient will probably be more cost effective and will reduce the size of the wind turbine you need (see How Can I Make My Home More Energy Efficient?). Wind turbine manufacturers, dealers, and installers can help you size your system based on your electricity needs and the specifics of your local wind resource and micro-siting.
There is more trouble with rated power: It only happens at a “rated wind speed”. And the trouble with that is there is no standard for rated wind speed. Since the energy in the wind increases with the cube of the wind speed, it makes a very large difference if rated power is measured at 10 m/s (22 mph), or 12 m/s (27 mph). For example, that 6 meter wind turbine from the previous section could reasonably be expected to produce 5.2 kW at 10 m/s, while it will do 9 kW at 12 m/s!
If you do install an anemometer and measure the wind over one or more years, you should compare the annual average wind speed obtained from your anemometer data to the annual average of the nearest airport or meteo-station for that same year. This will tell you if your site is more or less windy than that airport or meteo-station, and by how much. Then compare that year’s data to the long-term annual average wind speed, and you will know what to expect over the long term, corrected for your particular site. It will not be exact, but it will make your short-term anemometer data much more useful.
However, it has been found that high emissions are associated only with shallow reservoirs in warm (tropical) locales, and recent innovations in hydropower turbine technology are enabling efficient development of low-impact run-of-the-river hydroelectricity projects. Generally speaking, hydroelectric plants produce much lower life-cycle emissions than other types of generation. Hydroelectric power, which underwent extensive development during growth of electrification in the 19th and 20th centuries, is experiencing resurgence of development in the 21st century. The areas of greatest hydroelectric growth are the booming economies of Asia. China is the development leader; however, other Asian nations are installing hydropower at a rapid pace. This growth is driven by much increased energy costs—especially for imported energy—and widespread desires for more domestically produced, clean, renewable, and economical generation.
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.