Some of the second-generation renewables, such as wind power, have high potential and have already realised relatively low production costs. At the end of 2008, worldwide wind farm capacity was 120,791 megawatts (MW), representing an increase of 28.8 percent during the year, and wind power produced some 1.3% of global electricity consumption. Wind power accounts for approximately 20% of electricity use in Denmark, 9% in Spain, and 7% in Germany. However, it may be difficult to site wind turbines in some areas for aesthetic or environmental reasons, and it may be difficult to integrate wind power into electricity grids in some cases.
The Nomad 20 Solar Panel combines highly efficient The Nomad 20 Solar Panel combines highly efficient monocrystalline technology in a foldable portable plug-and-play form. With a built-in junction box and innovative smart chip the Nomad 20 can directly charge handheld USB and 12-Volt devices directly from the sun just as fast as the wall. Combine the Nomad 20 ... More + Product Details Close
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.