The PV industry is beginning to adopt levelized cost of electricity (LCOE) as the unit of cost. The electrical energy generated is sold in units of kilowatt-hours (kWh). As a rule of thumb, and depending on the local insolation, 1 watt-peak of installed solar PV capacity generates about 1 to 2 kWh of electricity per year. This corresponds to a capacity factor of around 10–20%. The product of the local cost of electricity and the insolation determines the break even point for solar power. The International Conference on Solar Photovoltaic Investments, organized by EPIA, has estimated that PV systems will pay back their investors in 8 to 12 years. As a result, since 2006 it has been economical for investors to install photovoltaics for free in return for a long term power purchase agreement. Fifty percent of commercial systems in the United States were installed in this manner in 2007 and over 90% by 2009.
Wind-to-rotor efficiency (including rotor blade friction and drag) are among the factors impacting the final price of wind power. Further inefficiencies, such as gearbox losses, generator and converter losses, reduce the power delivered by a wind turbine. To protect components from undue wear, extracted power is held constant above the rated operating speed as theoretical power increases at the cube of wind speed, further reducing theoretical efficiency. In 2001, commercial utility-connected turbines deliver 75% to 80% of the Betz limit of power extractable from the wind, at rated operating speed.[needs update]
In 2015, Ross wrote an op-ed for Time magazine about his city’s planned transition to renewables. “A town in the middle of a state that recently sported oil derricks on its license plates may not be where you’d expect to see leaders move to clean solar and wind generation,” he wrote. Lest readers get the wrong idea, he felt compelled to explain: “No, environmental zealots have not taken over City Council.”
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One- to 10-kW turbines can be used in applications such as pumping water. Wind energy has been used for centuries to pump water and grind grain. Although mechanical windmills still provide a sensible, low-cost option for pumping water in low-wind areas, farmers and ranchers are finding that wind-electric pumping is more versatile and they can pump twice the volume for the same initial investment. In addition, mechanical windmills must be placed directly above the well, which may not take advantage of available wind resources. Wind-electric pumping systems can be placed where the wind resource is the best and connected to the pump motor with an electric cable. However, in areas with a low wind resource, mechanical windmills can provide more efficient water pumping.
In the case of crystalline silicon modules, the solder material, that joins together the copper strings of the cells, contains about 36 percent of lead (Pb). Moreover, the paste used for screen printing front and back contacts contains traces of Pb and sometimes Cd as well. It is estimated that about 1,000 metric tonnes of Pb have been used for 100 gigawatts of c-Si solar modules. However, there is no fundamental need for lead in the solder alloy.
Anaerobic digestion, geothermal power, wind power, small-scale hydropower, solar energy, biomass power, tidal power, wave power, and some forms of nuclear power (ones which are able to "burn" nuclear waste through a process known as nuclear transmutation, such as an Integral Fast Reactor, and therefore belong in the "Green Energy" category). Some definitions may also include power derived from the incineration of waste.
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.
The New Zealand Parliamentary Commissioner for the Environment found that the solar PV would have little impact on the country's greenhouse gas emissions. The country already generates 80 percent of its electricity from renewable resources (primarily hydroelectricity and geothermal) and national electricity usage peaks on winter evenings whereas solar generation peaks on summer afternoons, meaning a large uptake of solar PV would end up displacing other renewable generators before fossil-fueled power plants.
The political purpose of incentive policies for PV is to facilitate an initial small-scale deployment to begin to grow the industry, even where the cost of PV is significantly above grid parity, to allow the industry to achieve the economies of scale necessary to reach grid parity. The policies are implemented to promote national energy independence, high tech job creation and reduction of CO2 emissions. Three incentive mechanisms are often used in combination as investment subsidies: the authorities refund part of the cost of installation of the system, the electricity utility buys PV electricity from the producer under a multiyear contract at a guaranteed rate, and Solar Renewable Energy Certificates (SRECs)
Additions of small amount (0.5 weight %) of nanoreinforcement (carbon nanotubes or nanoclay in the polymer matrix of composites, fiber sizing or interlaminar layers can allow to increase the fatigue resistance, shear or compressive strength as well as fracture toughness of the composites by 30–80%. Research has also shown that the incorporation of small amount of carbon nanotubes/CNT can increase the lifetime up to 1500%.
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.
The early development of solar technologies starting in the 1860s was driven by an expectation that coal would soon become scarce. Charles Fritts installed the world's first rooftop photovoltaic solar array, using 1%-efficient selenium cells, on a New York City roof in 1884. However, development of solar technologies stagnated in the early 20th century in the face of the increasing availability, economy, and utility of coal and petroleum. In 1974 it was estimated that only six private homes in all of North America were entirely heated or cooled by functional solar power systems. The 1973 oil embargo and 1979 energy crisis caused a reorganization of energy policies around the world and brought renewed attention to developing solar technologies. Deployment strategies focused on incentive programs such as the Federal Photovoltaic Utilization Program in the US and the Sunshine Program in Japan. Other efforts included the formation of research facilities in the United States (SERI, now NREL), Japan (NEDO), and Germany (Fraunhofer–ISE). Between 1970 and 1983 installations of photovoltaic systems grew rapidly, but falling oil prices in the early 1980s moderated the growth of photovoltaics from 1984 to 1996.
Responsible development of all of America’s rich energy resources -- including solar, wind, water, geothermal, bioenergy & nuclear -- will help ensure America’s continued leadership in clean energy. Moving forward, the Energy Department will continue to drive strategic investments in the transition to a cleaner, domestic and more secure energy future.
While a single dramatic victory against something like the dirty Keystone XL pipeline can be nice to imagine, the truth is this is how we’re going to win: fighting at every level and with every tool we’ve got. We can’t stop until governments and fossil fuel corporations finally get the message that we need to put our dirty past behind us and fully commit to a clean future that works for all of us moving forward.
The theory of peak oil was published in 1956. In the 1970s environmentalists promoted the development of renewable energy both as a replacement for the eventual depletion of oil, as well as for an escape from dependence on oil, and the first electricity generating wind turbines appeared. Solar had long been used for heating and cooling, but solar panels were too costly to build solar farms until 1980.
A solar power tower uses an array of tracking reflectors (heliostats) to concentrate light on a central receiver atop a tower. Power towers can achieve higher (thermal-to-electricity conversion) efficiency than linear tracking CSP schemes and better energy storage capability than dish stirling technologies. The PS10 Solar Power Plant and PS20 solar power plant are examples of this technology.