Champion Energy is able to provide green power through the purchase of an environmental trading commodity known as a renewable energy credit (REC). RECs are created when a qualified renewable energy generation facility (like a wind farm or solar array) produces electricity. They represent the added value in terms of renewable energy’s environmental benefits and costs when compared to conventional means of producing power. We buy RECs from wind farms contributing electricity to your local grid, then ‘retire’ those RECs in direct proportion to the amount of energy you consume. In this way, you can be confident that every kWh you use is helping to promote and support the continued development of green energy infrastructure in your area.
Renewable energy, after its generation, needs to be stored in a medium for use with autonomous devices as well as vehicles. Also, to provide household electricity in remote areas (that is areas which are not connected to the mains electricity grid), energy storage is required for use with renewable energy. Energy generation and consumption systems used in the latter case are usually stand-alone power systems.
In cases of self consumption of the solar energy, the payback time is calculated based on how much electricity is not purchased from the grid. For example, in Germany, with electricity prices of 0.25 €/kWh and insolation of 900 kWh/kW, one kWp will save €225 per year, and with an installation cost of 1700 €/KWp the system cost will be returned in less than seven years.[91] However, in many cases, the patterns of generation and consumption do not coincide, and some or all of the energy is fed back into the grid. The electricity is sold, and at other times when energy is taken from the grid, electricity is bought. The relative costs and prices obtained affect the economics. In many markets, the price paid for sold PV electricity is significantly lower than the price of bought electricity, which incentivizes self consumption.[92] Moreover, separate self consumption incentives have been used in e.g. Germany and Italy.[92] Grid interaction regulation has also included limitations of grid feed-in in some regions in Germany with high amounts of installed PV capacity.[92][93] By increasing self consumption, the grid feed-in can be limited without curtailment, which wastes electricity.[94]
Hydropower is produced in 150 countries, with the Asia-Pacific region generating 32 percent of global hydropower in 2010. For countries having the largest percentage of electricity from renewables, the top 50 are primarily hydroelectric. China is the largest hydroelectricity producer, with 721 terawatt-hours of production in 2010, representing around 17 percent of domestic electricity use. There are now three hydroelectricity stations larger than 10 GW: the Three Gorges Dam in China, Itaipu Dam across the Brazil/Paraguay border, and Guri Dam in Venezuela.[48]
Around the world many sub-national governments - regions, states and provinces - have aggressively pursued sustainable energy investments. In the United States, California's leadership in renewable energy was recognised by The Climate Group when it awarded former Governor Arnold Schwarzenegger its inaugural award for international climate leadership in Copenhagen in 2009.[156] In Australia, the state of South Australia - under the leadership of former Premier Mike Rann - has led the way with wind power comprising 26% of its electricity generation by the end of 2011, edging out coal fired generation for the first time.[156] South Australia also has had the highest take-up per capita of household solar panels in Australia following the Rann Government's introduction of solar feed-in laws and educative campaign involving the installation of solar photovoltaic installations on the roofs of prominent public buildings, including the parliament, museum, airport and Adelaide Showgrounds pavilion and schools.[157] Rann, Australia's first climate change minister, passed legislation in 2006 setting targets for renewable energy and emissions cuts, the first legislation in Australia to do so.[158]
Between maintenance and repairs, it would greatly help and keep your cost down if you can do some of the work yourself: Being able to safely tilt the turbine tower up or down will save you money. Understanding how the turbine works, how to stop it safely, how to trouble-shoot at least the minor issues can keep you in the black. We understand that installing a wind turbine is not for everyone. In fact, towers are dangerous, and for a good installation the devil is in the details. An experienced installer can make a real difference in putting up a turbine that will work better, and be more reliable over time. We really encourage you to have a professional installer to do the initial installation. However, throwing up your hands and calling your installer for routine maintenance, or every time there is a minor issue, will likely make you an unhappy wind turbine owner (even if it is your installer’s dream).
So does it make a difference what type of electrical generator we can use to produce wind power. The simple answer is both Yes and No, as it all depends upon the type of system and application you want. The low voltage DC output from a generator or older style dynamo can be used to charge batteries while the higher AC sinusoidal output from an alternator can be connected directly to the local grid.
The International Energy Agency projected in 2014 that under its "high renewables" scenario, by 2050, solar photovoltaics and concentrated solar power would contribute about 16 and 11 percent, respectively, of the worldwide electricity consumption, and solar would be the world's largest source of electricity. Most solar installations would be in China and India.[2] In 2017, solar power provided 1.7% of total worldwide electricity production, growing at 35% per annum.[3]