Other renewable energy technologies are still under development, and include cellulosic ethanol, hot-dry-rock geothermal power, and marine energy. These technologies are not yet widely demonstrated or have limited commercialization. Many are on the horizon and may have potential comparable to other renewable energy technologies, but still depend on attracting sufficient attention and research, development and demonstration (RD&D) funding.
Climate change concerns coupled with high oil prices and increasing government support are driving increasing rates of investment in the sustainable energy industries, according to a trend analysis from the United Nations Environment Programme. According to UNEP, global investment in sustainable energy in 2007 was higher than previous levels, with $148 billion of new money raised in 2007, an increase of 60% over 2006. Total financial transactions in sustainable energy, including acquisition activity, was $204 billion.
There is one more area where buyers may get a false sense of security: Several states in the US have lists of “approved” wind turbines for their rebate programs. An example of this is the California list. The problem is that approval for this list, and the performance data provided (such as rated power and energy production) are essentially self-certified. The less-scrupulous manufacturers can ‘manufacture’ data and submit it under the pretence that it was measured. The only value of those lists is in telling you what rebates are available, they do not provide reliable turbine information.
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.
A solar vehicle is an electric vehicle powered completely or significantly by direct solar energy. Usually, photovoltaic (PV) cells contained in solar panels convert the sun's energy directly into electric energy. The term "solar vehicle" usually implies that solar energy is used to power all or part of a vehicle's propulsion. Solar power may be also used to provide power for communications or controls or other auxiliary functions. Solar vehicles are not sold as practical day-to-day transportation devices at present, but are primarily demonstration vehicles and engineering exercises, often sponsored by government agencies. However, indirectly solar-charged vehicles are widespread and solar boats are available commercially.
Concentrating solar power plants with wet-cooling systems, on the other hand, have the highest water-consumption intensities of any conventional type of electric power plant; only fossil-fuel plants with carbon-capture and storage may have higher water intensities. A 2013 study comparing various sources of electricity found that the median water consumption during operations of concentrating solar power plants with wet cooling was 810 ga/MWhr for power tower plants and 890 gal/MWhr for trough plants. This was higher than the operational water consumption (with cooling towers) for nuclear (720 gal/MWhr), coal (530 gal/MWhr), or natural gas (210). A 2011 study by the National Renewable Energy Laboratory came to similar conclusions: for power plants with cooling towers, water consumption during operations was 865 gal/MWhr for CSP trough, 786 gal/MWhr for CSP tower, 687 gal/MWhr for coal, 672 gal/MWhr for nuclear, and 198 gal/MWhr for natural gas. The Solar Energy Industries Association noted that the Nevada Solar One trough CSP plant consumes 850 gal/MWhr. The issue of water consumption is heightened because CSP plants are often located in arid environments where water is scarce.
The primary obstacle that is preventing the large scale implementation of solar powered energy generation is the inefficiency of current solar technology. Currently, photovoltaic (PV) panels only have the ability to convert around 24% of the sunlight that hits them into electricity. At this rate, solar energy still holds many challenges for widespread implementation, but steady progress has been made in reducing manufacturing cost and increasing photovoltaic efficiency. Both Sandia National Laboratories and the National Renewable Energy Laboratory (NREL), have heavily funded solar research programs. The NREL solar program has a budget of around $75 million  and develops research projects in the areas of photovoltaic (PV) technology, solar thermal energy, and solar radiation. The budget for Sandia’s solar division is unknown, however it accounts for a significant percentage of the laboratory’s $2.4 billion budget. Several academic programs have focused on solar research in recent years. The Solar Energy Research Center (SERC) at University of North Carolina (UNC) has the sole purpose of developing cost effective solar technology. In 2008, researchers at Massachusetts Institute of Technology (MIT) developed a method to store solar energy by using it to produce hydrogen fuel from water. Such research is targeted at addressing the obstacle that solar development faces of storing energy for use during nighttime hours when the sun is not shining. In February 2012, North Carolina-based Semprius Inc., a solar development company backed by German corporation Siemens, announced that they had developed the world’s most efficient solar panel. The company claims that the prototype converts 33.9% of the sunlight that hits it to electricity, more than double the previous high-end conversion rate. Major projects on artificial photosynthesis or solar fuels are also under way in many developed nations.
A Wind Turbine Generator is what makes your electricity by converting mechanical energy into electrical energy. Lets be clear here, they do not create energy or produce more electrical energy than the amount of mechanical energy being used to spin the rotor blades. The greater the “load”, or electrical demand placed on the generator, the more mechanical force is required to turn the rotor. This is why generators come in different sizes and produce differing amounts of electricity.
Biomass is biological material derived from living, or recently living organisms. It most often refers to plants or plant-derived materials which are specifically called lignocellulosic biomass. As an energy source, biomass can either be used directly via combustion to produce heat, or indirectly after converting it to various forms of biofuel. Conversion of biomass to biofuel can be achieved by different methods which are broadly classified into: thermal, chemical, and biochemical methods. Wood remains the largest biomass energy source today; examples include forest residues – such as dead trees, branches and tree stumps –, yard clippings, wood chips and even municipal solid waste. In the second sense, biomass includes plant or animal matter that can be converted into fibers or other industrial chemicals, including biofuels. Industrial biomass can be grown from numerous types of plants, including miscanthus, switchgrass, hemp, corn, poplar, willow, sorghum, sugarcane, bamboo, and a variety of tree species, ranging from eucalyptus to oil palm (palm oil).
By 2040, renewable energy is projected to equal coal and natural gas electricity generation. Several jurisdictions, including Denmark, Germany, the state of South Australia and some US states have achieved high integration of variable renewables. For example, in 2015 wind power met 42% of electricity demand in Denmark, 23.2% in Portugal and 15.5% in Uruguay. Interconnectors enable countries to balance electricity systems by allowing the import and export of renewable energy. Innovative hybrid systems have emerged between countries and regions.
Alternatively, SRECs allow for a market mechanism to set the price of the solar generated electricity subsity. In this mechanism, a renewable energy production or consumption target is set, and the utility (more technically the Load Serving Entity) is obliged to purchase renewable energy or face a fine (Alternative Compliance Payment or ACP). The producer is credited for an SREC for every 1,000 kWh of electricity produced. If the utility buys this SREC and retires it, they avoid paying the ACP. In principle this system delivers the cheapest renewable energy, since the all solar facilities are eligible and can be installed in the most economic locations. Uncertainties about the future value of SRECs have led to long-term SREC contract markets to give clarity to their prices and allow solar developers to pre-sell and hedge their credits.
Green-e is a voluntary certification program for renewable electricity products. The Green-e program establishes consumer protection and environmental standards for electricity products, and verifies that these products meet the standards. The Green-e logo certifies that at least half the power supplied is from renewable sources. Many products will carry the Green-e logo, and the best way to find the most environmentally sensitive providers is by doing some comparison research. To find out which Green-e certified products are available in your state, visit Green-e's electric choices page. Questions about particular providers can be directed to the Center for Resources Solutions, which administers the Green-e program, at (415) 561-2100.
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.