The comments stand in contrast to those made by Trump administration representatives also speaking at the energy summit, which is known as CERAWeek. Rick Perry, the energy secretary, on Wednesday criticized what he described as the “mind-set of the Paris agreement” that he contends supports renewable energy to the exclusion of other energy sources. And he took aim at countries pledging to phase out coal use.
A solar cell, or photovoltaic cell (PV), is a device that converts light into electric current using the photovoltaic effect. The first solar cell was constructed by Charles Fritts in the 1880s.[5] The German industrialist Ernst Werner von Siemens was among those who recognized the importance of this discovery.[6] In 1931, the German engineer Bruno Lange developed a photo cell using silver selenide in place of copper oxide,[7] although the prototype selenium cells converted less than 1% of incident light into electricity. Following the work of Russell Ohl in the 1940s, researchers Gerald Pearson, Calvin Fuller and Daryl Chapin created the silicon solar cell in 1954.[8] These early solar cells cost 286 USD/watt and reached efficiencies of 4.5–6%.[9]

Wind turbines need wind. Not just any wind, but the nicely flowing, smooth, laminar kind. That cannot be found at 30 feet height. It can usually not be found at 60 feet. Sometimes you find it at 80 feet. More often than not it takes 100 feet of tower to get there. Those towers cost as much or more, installed, as the turbine itself. How much tower you need for a wind turbine to live up to its potential depends on your particular site; on the trees and structures around it etc. Close to the ground the wind is turbulent, and makes a poor fuel for a small wind turbine.


Al Gore says the reason is innovation. “The cost-reduction curve that came to technologies like computers, smartphones and flat-panel televisions has come to solar energy, wind energy and battery storage,” he says. “I remember being startled decades ago when people first started to explain to me that the cost of computing was being cut in half every 18 to 24 months. And now this dramatic economic change has begun to utterly transform the electricity markets.”
Wind turbines are manufactured in a wide range of vertical and horizontal axis. The smallest turbines are used for applications such as battery charging for auxiliary power for boats or caravans or to power traffic warning signs. Slightly larger turbines can be used for making contributions to a domestic power supply while selling unused power back to the utility supplier via the electrical grid. Arrays of large turbines, known as wind farms, are becoming an increasingly important source of intermittent renewable energy and are used by many countries as part of a strategy to reduce their reliance on fossil fuels. One assessment claimed that, as of 2009, wind had the "lowest relative greenhouse gas emissions, the least water consumption demands and... the most favourable social impacts" compared to photovoltaic, hydro, geothermal, coal and gas.[1]
Green energy is commonly thought of in the context of electricity, mechanical power, heating and cogeneration. Consumers, businesses, and organizations may purchase green energy in order to support further development, help reduce the environmental impacts of conventional electricity generation, and increase their nation’s energy independence. Renewable energy certificates (green certificates or green tags) have been one way for consumers and businesses to support green energy.
The trouble with rated power is that it does not tell you anything about energy production. Your utility company charges you for the energy you consume, not power. Likewise, for a small wind  turbine you should be interested in the energy it will produce, for your particular site, with your particular annual average wind speed. Rated power of the turbine does not do that. To find out about energy production take a look at the tables presented earlier.

United Nations' Secretary-General Ban Ki-moon has said that renewable energy has the ability to lift the poorest nations to new levels of prosperity.[14] In October 2011, he "announced the creation of a high-level group to drum up support for energy access, energy efficiency and greater use of renewable energy. The group is to be co-chaired by Kandeh Yumkella, the chair of UN Energy and director general of the UN Industrial Development Organisation, and Charles Holliday, chairman of Bank of America".[147]

Enhanced geothermal systems (EGS) are a new type of geothermal power technologies that do not require natural convective hydrothermal resources. The vast majority of geothermal energy within drilling reach is in dry and non-porous rock.[161] EGS technologies "enhance" and/or create geothermal resources in this "hot dry rock (HDR)" through hydraulic stimulation. EGS and HDR technologies, such as hydrothermal geothermal, are expected to be baseload resources which produce power 24 hours a day like a fossil plant. Distinct from hydrothermal, HDR and EGS may be feasible anywhere in the world, depending on the economic limits of drill depth. Good locations are over deep granite covered by a thick (3–5 km) layer of insulating sediments which slow heat loss.[162] There are HDR and EGS systems currently being developed and tested in France, Australia, Japan, Germany, the U.S. and Switzerland. The largest EGS project in the world is a 25 megawatt demonstration plant currently being developed in the Cooper Basin, Australia. The Cooper Basin has the potential to generate 5,000–10,000 MW.
A more recent concept for improving our electrical grid is to beam microwaves from Earth-orbiting satellites or the moon to directly when and where there is demand. The power would be generated from solar energy captured on the lunar surface In this system, the receivers would be "broad, translucent tent-like structures that would receive microwaves and convert them to electricity". NASA said in 2000 that the technology was worth pursuing but it is still too soon to say if the technology will be cost-effective.[77]

Wind turbines need wind to produce energy. That message seems lost, not only on most small wind turbine owners, but also on many manufacturers and installers of said devices. One of the world’s largest manufacturers of small wind turbines, located in the USA (now bankrupt by the way, though their turbines are still sold), markets their flag-ship machine with a 12 meter (36 feet) tower. Their dealers are trained to tell you it will produce 60% of your electricity bill. If you are one of those that is convinced the earth is flat, this is the turbine for you!


As of 2018, American electric utility companies are planning new or extra renewable energy investments. These investments are particularly aimed at solar energy, thanks to the Tax Cuts and Jobs Act of 2017 being signed into law. The law retained incentives for renewable energy development. Utility companies are taking advantage of the federal solar investment tax credit before it permanently goes down to 10% after 2021. According to the March 28 S&P Global Market Intelligence report summary, "NextEra Energy Inc., Duke Energy Corp., and Dominion Energy Inc.’s utilities are among a number of companies in the sector contemplating significant solar investments in the near-term. Other companies, including Xcel Energy Inc. and Alliant Energy Corp., are undertaking large wind projects in the near-term, but are considering ramping up solar investments in the coming years."[96]


Then the faster the coil of wire rotates, the greater the rate of change by which the magnetic flux is cut by the coil and the greater is the induced emf within the coil. Similarly, if the magnetic field is made stronger, the induced emf will increase for the same rotational speed. Thus: emf ∝ Φn. Where: “Φ” is the magnetic-field flux and “n” is the speed of rotation. Also, the polarity of the generated voltage depends on the direction of the magnetic lines of flux and the direction of movement of the conductor.
Outline of energy Energy Units Conservation of energy Energetics Energy transformation Energy condition Energy transition Energy level Energy system Mass Negative mass Mass–energy equivalence Power Thermodynamics Quantum thermodynamics Laws of thermodynamics Thermodynamic system Thermodynamic state Thermodynamic potential Thermodynamic free energy Irreversible process Thermal reservoir Heat transfer Heat capacity Volume (thermodynamics) Thermodynamic equilibrium Thermal equilibrium Thermodynamic temperature Isolated system Entropy Free entropy Entropic force Negentropy Work Exergy Enthalpy
Floating solar arrays are PV systems that float on the surface of drinking water reservoirs, quarry lakes, irrigation canals or remediation and tailing ponds. A small number of such systems exist in France, India, Japan, South Korea, the United Kingdom, Singapore and the United States.[168][169][170][171][172] The systems are said to have advantages over photovoltaics on land. The cost of land is more expensive, and there are fewer rules and regulations for structures built on bodies of water not used for recreation. Unlike most land-based solar plants, floating arrays can be unobtrusive because they are hidden from public view. They achieve higher efficiencies than PV panels on land, because water cools the panels. The panels have a special coating to prevent rust or corrosion.[173] In May 2008, the Far Niente Winery in Oakville, California, pioneered the world's first floatovoltaic system by installing 994 solar PV modules with a total capacity of 477 kW onto 130 pontoons and floating them on the winery's irrigation pond.[174] Utility-scale floating PV farms are starting to be built. Kyocera will develop the world's largest, a 13.4 MW farm on the reservoir above Yamakura Dam in Chiba Prefecture[175] using 50,000 solar panels.[176][177] Salt-water resistant floating farms are also being constructed for ocean use.[178] The largest so far announced floatovoltaic project is a 350 MW power station in the Amazon region of Brazil.[179]
Turbines used in wind farms for commercial production of electric power are usually three-bladed. These have low torque ripple, which contributes to good reliability. The blades are usually colored white for daytime visibility by aircraft and range in length from 20 to 80 meters (66 to 262 ft). The size and height of turbines increase year by year. Offshore wind turbines are built up to 8(MW) today and have a blade length up to 80 meters (260 ft). Usual tubular steel towers of multi megawatt turbines have a height of 70 m to 120 m and in extremes up to 160 m.
Solar power - The most prevalent type of renewable energy, solar power is typically produced using photovoltaic cells, which capture sunlight and turn it into electricity. Solar energy is also used to heat buildings and water, provide natural lighting and cook food. Solar technologies have become inexpensive enough to power everything from small hand-held gadgets to entire neighborhoods.
Renewable energy is energy that is collected from renewable resources, which are naturally replenished on a human timescale, such as sunlight, wind, rain, tides, waves, and geothermal heat.[3] Renewable energy often provides energy in four important areas: electricity generation, air and water heating/cooling, transportation, and rural (off-grid) energy services.[4]
Small wind turbines may be used for a variety of applications including on- or off-grid residences, telecom towers, offshore platforms, rural schools and clinics, remote monitoring and other purposes that require energy where there is no electric grid, or where the grid is unstable. Small wind turbines may be as small as a fifty-watt generator for boat or caravan use. Hybrid solar and wind powered units are increasingly being used for traffic signage, particularly in rural locations, as they avoid the need to lay long cables from the nearest mains connection point.[60] The U.S. Department of Energy's National Renewable Energy Laboratory (NREL) defines small wind turbines as those smaller than or equal to 100 kilowatts.[61] Small units often have direct drive generators, direct current output, aeroelastic blades, lifetime bearings and use a vane to point into the wind.
By Ellen Coleman—As an American of non-specific cultural identity, I look with envy at families with strong cultural tradition. I wonder who "my people” are. What family traditions will my children (now grown) want to pass on to their own children?  Their exposure has been such a mixed bag of “ritual”—making tamales for Thanksgiving, potstickers for family reunions, fried eggplant for Fourth of July.  What will be their choice of comfort music?  What kinds of homes will they make, what spiritual paths will they take?
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.
At MOTHER EARTH NEWS, we are dedicated to conserving our planet's natural resources while helping you conserve your financial resources. You'll find tips for slashing heating bills, growing fresh, natural produce at home, and more. That's why we want you to save money and trees by subscribing through our earth-friendly automatic renewal savings plan. By paying with a credit card, you save an additional $5 and get 6 issues of MOTHER EARTH NEWS for only $12.95 (USA only).
All these electrical machines are electromechanical devices that work on Faraday’s law of electromagnetic induction. That is they operate through the interaction of a magnetic flux and an electric current, or flow of charge. As this process is reversible, the same machine can be used as a conventional electrical motor for converting the electrical power into mechanical power, or as a generator converting the mechanical power back into the electrical power.
Outline of energy Energy Units Conservation of energy Energetics Energy transformation Energy condition Energy transition Energy level Energy system Mass Negative mass Mass–energy equivalence Power Thermodynamics Quantum thermodynamics Laws of thermodynamics Thermodynamic system Thermodynamic state Thermodynamic potential Thermodynamic free energy Irreversible process Thermal reservoir Heat transfer Heat capacity Volume (thermodynamics) Thermodynamic equilibrium Thermal equilibrium Thermodynamic temperature Isolated system Entropy Free entropy Entropic force Negentropy Work Exergy Enthalpy
A typical house usually requires a home wind turbine with a 5 kW generating capacity to meet all its energy requirements. A turbine that offers this much power would have to be around 13 to 18 feet in diameter and positioned in an area where strong winds often pass through. There are also plenty of smaller, cheaper turbines, but these variants produce less power and are less reliable than their more expensive counterparts.

The combination of wind and solar PV has the advantage that the two sources complement each other because the peak operating times for each system occur at different times of the day and year. The power generation of such solar hybrid power systems is therefore more constant and fluctuates less than each of the two component subsystems.[21] Solar power is seasonal, particularly in northern/southern climates, away from the equator, suggesting a need for long term seasonal storage in a medium such as hydrogen or pumped hydroelectric.[117] The Institute for Solar Energy Supply Technology of the University of Kassel pilot-tested a combined power plant linking solar, wind, biogas and hydrostorage to provide load-following power from renewable sources.[118]
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.
Materials that are typically used for the rotor blades in wind turbines are composites, as they tend to have a high stiffness, high strength, high fatigue resistance, and low weight.[46] Typical resins used for these composites include polyester and epoxy, while glass and carbon fibers have been used for the reinforcing material.[47] Construction may use manual layup techniques or composite resin injection molding. As the price of glass fibers is only about one tenth the price of carbon fiber, glass fiber is still dominant.
The terms wind energy or wind power describe the process by which the wind is used to generate mechanical power or electricity. Wind turbines convert the kinetic energy in the wind into mechanical power. This mechanical power can be used for specific tasks (such as grinding grain or pumping water) or a generator can convert this mechanical power into electricity.

With feed-in tariffs, the financial burden falls upon the consumer. They reward the number of kilowatt-hours produced over a long period of time, but because the rate is set by the authorities, it may result in perceived overpayment. The price paid per kilowatt-hour under a feed-in tariff exceeds the price of grid electricity. Net metering refers to the case where the price paid by the utility is the same as the price charged.
Artificial photosynthesis uses techniques including nanotechnology to store solar electromagnetic energy in chemical bonds by splitting water to produce hydrogen and then using carbon dioxide to make methanol.[182] Researchers in this field are striving to design molecular mimics of photosynthesis that utilize a wider region of the solar spectrum, employ catalytic systems made from abundant, inexpensive materials that are robust, readily repaired, non-toxic, stable in a variety of environmental conditions and perform more efficiently allowing a greater proportion of photon energy to end up in the storage compounds, i.e., carbohydrates (rather than building and sustaining living cells).[183] However, prominent research faces hurdles, Sun Catalytix a MIT spin-off stopped scaling up their prototype fuel-cell in 2012, because it offers few savings over other ways to make hydrogen from sunlight.[184]

Turbines used in wind farms for commercial production of electric power are usually three-bladed. These have low torque ripple, which contributes to good reliability. The blades are usually colored white for daytime visibility by aircraft and range in length from 20 to 80 meters (66 to 262 ft). The size and height of turbines increase year by year. Offshore wind turbines are built up to 8(MW) today and have a blade length up to 80 meters (260 ft). Usual tubular steel towers of multi megawatt turbines have a height of 70 m to 120 m and in extremes up to 160 m.


“University of Texas Study Highlights Wind’s Low Cost” • Wind, solar and natural gas have the lowest levelized cost of electricity in the majority of counties across the United States, according to a new report from The University of Texas at Austin’s Energy Institute, part of a series of white papers on the Full Cost of Electricity. [Into the Wind]
“Five New State Governors Aim for 100% Renewables” • Five governors-elect in Colorado, Illinois, Nevada, Connecticut, and Maine, states with a combined population of 26 million, put forth campaign goals of 100% renewable electricity. Currently, only California and Hawaii have a deadline to move to 100% zero-carbon electricity. [pv magazine International]

In 2007, the world's first turbine to create commercial amounts of energy using tidal power was installed in the narrows of Strangford Lough in Ireland. The 1.2 MW underwater tidal electricity generator takes advantage of the fast tidal flow in the lough which can be up to 4m/s. Although the generator is powerful enough to power up to a thousand homes, the turbine has a minimal environmental impact, as it is almost entirely submerged, and the rotors turn slowly enough that they pose no danger to wildlife.[48][49]
Moving towards energy sustainability will require changes not only in the way energy is supplied, but in the way it is used, and reducing the amount of energy required to deliver various goods or services is essential. Opportunities for improvement on the demand side of the energy equation are as rich and diverse as those on the supply side, and often offer significant economic benefits.[60]
Ross, something of a libertarian at heart, entered politics because he was ticked off that the municipal code prohibited him from paving the driveway to his historic home entirely in period-appropriate brick. (The code required some concrete.) He joined the city council in 2008 and was elected to his first term as mayor in 2014. He often likens the city to “Mayberry R.F.D.,” and it does have a town square with a courthouse, a coffee shop where you’re bound to run into people you know and a swimming hole. But it also has Southwestern University, and in 2010 university officials, following a student initiative, told the city council they wanted their electricity to come from renewable sources. The city had already set a goal of getting 30 percent of its power that way, but now, Ross and his colleagues saw their opportunity.
At Bodine-Scott, our renewable energy options have helped dozens of local homes and businesses reduce their utility bills and any negative environmental impact from the use of traditional energy sources. Our technicians are NABCEP-certified experts, and we keep all of our staff informed and up to date on the latest developments in the solar industries. Our average customer sees a 50 percent reduction in utility costs, to say nothing of the invaluable reduction in environmental impact that comes from using clean energy. If you are serious about making an investment in the future of your home and the Earth, contact us today to speak with one of our renewable energy experts.
Going forward, there is hope for the small wind future! Certification programs are under way in various places to provide real turbine performance data. In North America this is being spearheaded by the Small Wind Certification Council, which requires third-party certification of turbine performance in a standardized fashion. Manufacturers will no longer be able to fudge power curves, or specify ‘rated power’ at hurricane-force wind speeds. This will allow you, the consumer, to compare turbines on a much more even footing.
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]
Renewable energy variability is a problem for corporate buyers. But what is undesirable to buyers is attractive for insurance companies, whose core business revolves around managing weather-related risks. VFAs sit on top of a new or existing PPA and are effectively designed to pay the corporate buyer when they’re getting less renewable power than they contracted for, and give money to the insurer when there’s more.
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. 

One issue that has often raised concerns is the use of cadmium (Cd), a toxic heavy metal that has the tendency to accumulate in ecological food chains. It is used as semiconductor component in CdTe solar cells and as buffer layer for certain CIGS cells in the form of CdS.[141] The amount of cadmium used in thin-film PV modules is relatively small (5–10 g/m²) and with proper recycling and emission control techniques in place the cadmium emissions from module production can be almost zero. Current PV technologies lead to cadmium emissions of 0.3–0.9 microgram/kWh over the whole life-cycle.[121] Most of these emissions arise through the use of coal power for the manufacturing of the modules, and coal and lignite combustion leads to much higher emissions of cadmium. Life-cycle cadmium emissions from coal is 3.1 microgram/kWh, lignite 6.2, and natural gas 0.2 microgram/kWh.
A more reliable grid: Even if we're not ready to completely transition to renewable energy sources of power, supplementing the grid with green electricity helps increase grid reliability. You can also produce your own green electricity by installing solar panels or wind turbines at home. If the grid goes down for some reason, you may be able to keep your power on using your on-site renewable power generation system.
The theory of peak oil was published in 1956.[39] 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.[40]

Wind turbines are used to generate electricity from the kinetic power of the wind. Historical they were more frequently used as a mechanical device to turn machinery. There are two main kinds of wind generators, those with a vertical axis, and those with a horizontal axis. Wind turbines can be used to generate large amounts of electricity in wind farms both onshore and offshore. The articles on this page are about wind turbines.
Low Temperature Geothermal[29] refers to the use of the outer crust of the earth as a Thermal Battery to facilitate Renewable thermal energy for heating and cooling buildings, and other refrigeration and industrial uses. In this form of Geothermal, a Geothermal Heat Pump and Ground-coupled heat exchanger are used together to move heat energy into the earth (for cooling) and out of the earth (for heating) on a varying seasonal basis. Low temperature Geothermal (generally referred to as "GHP") is an increasingly important renewable technology because it both reduces total annual energy loads associated with heating and cooling, and it also flattens the electric demand curve eliminating the extreme summer and winter peak electric supply requirements. Thus Low Temperature Geothermal/GHP is becoming an increasing national priority with multiple tax credit support[60] and focus as part of the ongoing movement toward Net Zero Energy.[61][30] New York City has even just passed a law[62] to require GHP anytime is shown to be economical with 20 year financing including the Socialized Cost of Carbon.[63][64]

Renewable energy and energy efficiency are sometimes said to be the "twin pillars" of sustainable energy policy. Both resources must be developed in order to stabilize and reduce carbon dioxide emissions. Efficiency slows down energy demand growth so that rising clean energy supplies can make deep cuts in fossil fuel use. If energy use grows too fast, renewable energy development will chase a receding target. A recent historical analysis has demonstrated that the rate of energy efficiency improvements has generally been outpaced by the rate of growth in energy demand, which is due to continuing economic and population growth. As a result, despite energy efficiency gains, total energy use and related carbon emissions have continued to increase. Thus, given the thermodynamic and practical limits of energy efficiency improvements, slowing the growth in energy demand is essential.[61] However, unless clean energy supplies come online rapidly, slowing demand growth will only begin to reduce total emissions; reducing the carbon content of energy sources is also needed. Any serious vision of a sustainable energy economy thus requires commitments to both renewables and efficiency.[62]

Green energy is commonly thought of in the context of electricity, mechanical power, heating and cogeneration. Consumers, businesses, and organizations may purchase green energy in order to support further development, help reduce the environmental impacts of conventional electricity generation, and increase their nation’s energy independence. Renewable energy certificates (green certificates or green tags) have been one way for consumers and businesses to support green energy.


Max daily output is at 1.4KW. It also works when there is only the wind power, getting single power. Closed maintenance-free ball bearings ensure not only lightness, high efficiency and low wear. The series of wind turbine with high-quality aluminum alloy and stainless steel parts, the machine is not only light weight, small size, shape is also better than similar products.
Solar water heating makes an important contribution to renewable heat in many countries, most notably in China, which now has 70% of the global total (180 GWth). Most of these systems are installed on multi-family apartment buildings and meet a portion of the hot water needs of an estimated 50–60 million households in China. Worldwide, total installed solar water heating systems meet a portion of the water heating needs of over 70 million households. The use of biomass for heating continues to grow as well. In Sweden, national use of biomass energy has surpassed that of oil. Direct geothermal for heating is also growing rapidly.[28] The newest addition to Heating is from Geothermal Heat Pumps which provide both heating and cooling, and also flatten the electric demand curve and are thus an increasing national priority[29][30] (see also Renewable thermal energy).
Geothermal power plants can operate 24 hours per day, providing base-load capacity, and the world potential capacity for geothermal power generation is estimated at 85 GW over the next 30 years. However, geothermal power is accessible only in limited areas of the world, including the United States, Central America, East Africa, Iceland, Indonesia, and the Philippines. The costs of geothermal energy have dropped substantially from the systems built in the 1970s.[10] Geothermal heat generation can be competitive in many countries producing geothermal power, or in other regions where the resource is of a lower temperature. Enhanced geothermal system (EGS) technology does not require natural convective hydrothermal resources, so it can be used in areas that were previously unsuitable for geothermal power, if the resource is very large. EGS is currently under research at the U.S. Department of Energy.
The home wind Generator systems are designed for reliable power output for the next 30 years or so. With every price increase of the utility company power your investment gets better all the time. Utility costs are rising all over and will accelerate over the next few years. We expect the cost of electricity to rise and double over Obamas term in office due to cap and trade and increased regulation and market pressure.
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.
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