Markets for second-generation technologies are strong and growing, but only in a few countries. The challenge is to broaden the market base for continued growth worldwide. Strategic deployment in one country not only reduces technology costs for users there, but also for those in other countries, contributing to overall cost reductions and performance improvement.
Several refineries that can process biomass and turn it into ethanol are built by companies such as Iogen, POET, and Abengoa, while other companies such as the Verenium Corporation, Novozymes, and Dyadic International are producing enzymes which could enable future commercialization. The shift from food crop feedstocks to waste residues and native grasses offers significant opportunities for a range of players, from farmers to biotechnology firms, and from project developers to investors.
Green energy, however, utilizes energy sources that are readily available all over the world, including in rural and remote areas that don't otherwise have access to electricity. Advances in renewable energy technologies have lowered the cost of solar panels, wind turbines and other sources of green energy, placing the ability to produce electricity in the hands of the people rather than those of oil, gas, coal and utility companies.
As part of the Paris agreement nearly 200 countries, rich and poor, pledged to cut or curb the greenhouse gas emissions they produce through the burning of fossil fuels or the cutting of forests. Countries also pledged to create the Green Climate Fund, mobilizing $100 billion by 2020 from both public funds and private industry to help the poorest nations.
There are numerous organizations within the academic, federal, and commercial sectors conducting large scale advanced research in the field of sustainable energy. This research spans several areas of focus across the sustainable energy spectrum. Most of the research is targeted at improving efficiency and increasing overall energy yields. Multiple federally supported research organizations have focused on sustainable energy in recent years. Two of the most prominent of these labs are Sandia National Laboratories and the National Renewable Energy Laboratory (NREL), both of which are funded by the United States Department of Energy and supported by various corporate partners. Sandia has a total budget of $2.4 billion  while NREL has a budget of $375 million.
Hydro-electricity and geothermal electricity produced at favourable sites are now the cheapest way to generate electricity. Renewable energy costs continue to drop, and the levelised cost of electricity (LCOE) is declining for wind power, solar photovoltaic (PV), concentrated solar power (CSP) and some biomass technologies. Renewable energy is also the most economic solution for new grid-connected capacity in areas with good resources. As the cost of renewable power falls, the scope of economically viable applications increases. Renewable technologies are now often the most economic solution for new generating capacity. Where "oil-fired generation is the predominant power generation source (e.g. on islands, off-grid and in some countries) a lower-cost renewable solution almost always exists today". A series of studies by the US National Renewable Energy Laboratory modeled the "grid in the Western US under a number of different scenarios where intermittent renewables accounted for 33 percent of the total power." In the models, inefficiencies in cycling the fossil fuel plants to compensate for the variation in solar and wind energy resulted in an additional cost of "between $0.47 and $1.28 to each MegaWatt hour generated"; however, the savings in the cost of the fuels saved "adds up to $7 billion, meaning the added costs are, at most, two percent of the savings."
If you can turn a wrench and operate an electric drill, you can build this simple generator in two days: one day for chasing down parts, and one day for assembling the components. The four major components include a vehicle alternator with a built-in voltage regulator, a General Motors (GM) fan and clutch assembly (I used one from a 1988 GM 350 motor), a tower or pole on which to mount the generator (15 feet of used 2-inch tubing cost me $20), and the metal to build a bracket for mounting the generator on the tower or pole. If you’re a Ford guy or a Mopar gal, that’s fine — just make sure your alternator has a built-in voltage regulator. You’ll also need some electrical cable or wires to hook the alternator up to your storage batteries. I used 8-gauge, 3-conductor cable pilfered from the oil patch. (And they said the transition from fossil fuels to renewables would take years. Pfft!)
Ross is now an energy celebrity, sitting on conference panels and lending Georgetown’s cachet to environmental-film screenings. And it isn’t only conservatives who buttonhole him. As if to prove the adage that no good deed goes unpunished, he also hears from people who worry about the impact of renewables. “They’ll come up to me and say with a straight face, ‘You know what? Those windmills are killing birds,’ ” Ross says. “ ‘Oh, really? I didn’t know that was a big interest of yours, but you know what the number-one killer of birds is in this country? Domestic house cats. Kill about four billion birds a year. You know what the number-two killer of birds is? Buildings they fly into. So you’re suggesting that we outlaw house cats and buildings?’ They go, ‘That's not exactly what I meant.’”
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]
Common battery technologies used in today's home PV systems include, the valve regulated lead-acid battery– a modified version of the conventional lead–acid battery, nickel–cadmium and lithium-ion batteries. Lead-acid batteries are currently the predominant technology used in small-scale, residential PV systems, due to their high reliability, low self discharge and investment and maintenance costs, despite shorter lifetime and lower energy density. However, lithium-ion batteries have the potential to replace lead-acid batteries in the near future, as they are being intensively developed and lower prices are expected due to economies of scale provided by large production facilities such as the Gigafactory 1. In addition, the Li-ion batteries of plug-in electric cars may serve as a future storage devices in a vehicle-to-grid system. Since most vehicles are parked an average of 95 percent of the time, their batteries could be used to let electricity flow from the car to the power lines and back. Other rechargeable batteries used for distributed PV systems include, sodium–sulfur and vanadium redox batteries, two prominent types of a molten salt and a flow battery, respectively.
Wind power - Air flow on the earth's surface can be used to push turbines, with stronger winds producing more energy. High-altitude sites and areas just offshore tend to provide the best conditions for capturing the strongest winds. According to a 2009 study, a network of land-based, 2.5-megawatt wind turbines in rural areas operating at just 20% of their rated capacity could supply 40 times the current worldwide consumption of energy.
flywheel energy storage, pumped-storage hydroelectricity is more usable in stationary applications (e.g. to power homes and offices). In household power systems, conversion of energy can also be done to reduce smell. For example, organic matter such as cow dung and spoilable organic matter can be converted to biochar. To eliminate emissions, carbon capture and storage is then used.
Since 2013 the world's highest-situated wind turbine was made and installed by WindAid and is located at the base of the Pastoruri Glacier in Peru at 4,877 meters (16,001 ft) above sea level. The site uses the WindAid 2.5 kW wind generator to supply power to a small rural community of micro entrepreneurs who cater to the tourists who come to the Pastoruri glacier.