Some renewable power sources now cost somewhat more than conventional power, because the market for renewable energy is not fully developed and renewables have received fewer subsidies than fossil and nuclear fuels. Also, the damage to the environment and human health—otherwise known as externalities—caused by fossil fuels and nuclear power is not included in electricity prices. Renewable energy needs your support to overcome these barriers and become less expensive in the future. Look into becoming a green power consumer today!
A report by the United States Geological Survey estimated the projected materials requirement in order to fulfill the US commitment to supplying 20% of its electricity from wind power by 2030. They did not address requirements for small turbines or offshore turbines since those were not widely deployed in 2008, when the study was created. They found that there are increases in common materials such as cast iron, steel and concrete that represent 2–3% of the material consumption in 2008. Between 110,000 and 115,000 metric tons of fiber glass would be required annually, equivalent to 14% of consumption in 2008. They did not see a high increase in demand for rare metals compared to available supply, however rare metals that are also being used for other technologies such as batteries which are increasing its global demand need to be taken into account. Land, whbich might not be considered a material, is an important resource in deploying wind technologies. Reaching the 2030 goal would require 50,000 square kilometers of onshore land area and 11,000 square kilometers of offshore. This is not considered a problem in the US due to its vast area and the ability to use land for farming and grazing. A greater limitation for the technology would be the variability and transmission infrastructure to areas of higher demand.
The market for renewable energy technologies has continued to grow. Climate change concerns and increasing in green jobs, coupled with high oil prices, peak oil, oil wars, oil spills, promotion of electric vehicles and renewable electricity, nuclear disasters and increasing government support, are driving increasing renewable energy legislation, incentives and commercialization. New government spending, regulation and policies helped the industry weather the 2009 economic crisis better than many other sectors.
Solar power is the conversion of energy from sunlight into electricity, either directly using photovoltaics (PV), indirectly using concentrated solar power, or a combination. Concentrated solar power systems use lenses or mirrors and tracking systems to focus a large area of sunlight into a small beam. Photovoltaic cells convert light into an electric current using the photovoltaic effect.