In net metering the price of the electricity produced is the same as the price supplied to the consumer, and the consumer is billed on the difference between production and consumption. Net metering can usually be done with no changes to standard electricity meters, which accurately measure power in both directions and automatically report the difference, and because it allows homeowners and businesses to generate electricity at a different time from consumption, effectively using the grid as a giant storage battery. With net metering, deficits are billed each month while surpluses are rolled over to the following month. Best practices call for perpetual roll over of kWh credits.[97] Excess credits upon termination of service are either lost, or paid for at a rate ranging from wholesale to retail rate or above, as can be excess annual credits. In New Jersey, annual excess credits are paid at the wholesale rate, as are left over credits when a customer terminates service.[98]

There are different types of inverters for solar use (string, central, micro). If you’re hoping to install the solar PV system yourself, selecting the best inverter will require serious research and careful planning. If you work through a professional solar installer, on the other hand, the company should help take care of inverter selection for you.
With advanced technology being developed, cellulosic biomass, such as trees and grasses, are also used as feedstocks for ethanol production. Ethanol can be used as a fuel for vehicles in its pure form, but it is usually used as a gasoline additive to increase octane and improve vehicle emissions. Bioethanol is widely used in the United States and in Brazil. The energy costs for producing bio-ethanol are almost equal to, the energy yields from bio-ethanol. However, according to the European Environment Agency, biofuels do not address global warming concerns.[75] Biodiesel is made from vegetable oils, animal fats or recycled greases. It can be used as a fuel for vehicles in its pure form, or more commonly as a diesel additive to reduce levels of particulates, carbon monoxide, and hydrocarbons from diesel-powered vehicles. Biodiesel is produced from oils or fats using transesterification and is the most common biofuel in Europe. Biofuels provided 2.7% of the world's transport fuel in 2010.[76]
“[The maps] suggest that our 100 percent renewable energy purchasing goal — which relies on buying surplus renewable energy when it’s sunny and windy, to offset the lack of renewable energy supply in other situations — is an important first step toward achieving a fully carbon-free future,” Michael Terrell, Google’s head of energy markets, wrote in a blog post. “Ultimately, we aspire to source carbon-free energy for our operations in all places, at all times.”
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.

Most horizontal axis turbines have their rotors upwind of its supporting tower. Downwind machines have been built, because they don't need an additional mechanism for keeping them in line with the wind. In high winds, the blades can also be allowed to bend which reduces their swept area and thus their wind resistance. Despite these advantages, upwind designs are preferred, because the change in loading from the wind as each blade passes behind the supporting tower can cause damage to the turbine.
A recent UK Government document states that "projects are generally more likely to succeed if they have broad public support and the consent of local communities. This means giving communities both a say and a stake".[194] In countries such as Germany and Denmark many renewable projects are owned by communities, particularly through cooperative structures, and contribute significantly to overall levels of renewable energy deployment.[195][196]
In 2010, the United States led the world in geothermal electricity production with 3,086 MW of installed capacity from 77 power plants;[132] the largest group of geothermal power plants in the world is located at The Geysers, a geothermal field in California.[133] The Philippines follows the US as the second highest producer of geothermal power in the world, with 1,904 MW of capacity online; geothermal power makes up approximately 18% of the country's electricity generation.[132]
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.[100] 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".[100] 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."[101]
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]
The energy payback time (EPBT) of a power generating system is the time required to generate as much energy as is consumed during production and lifetime operation of the system. Due to improving production technologies the payback time has been decreasing constantly since the introduction of PV systems in the energy market.[128] In 2000 the energy payback time of PV systems was estimated as 8 to 11 years[129] and in 2006 this was estimated to be 1.5 to 3.5 years for crystalline silicon PV systems[121] and 1–1.5 years for thin film technologies (S. Europe).[121] These figures fell to 0.75–3.5 years in 2013, with an average of about 2 years for crystalline silicon PV and CIS systems.[130]
Several groups in various sectors are conducting research on Jatropha curcas, a poisonous shrub-like tree that produces seeds considered by many to be a viable source of biofuels feedstock oil.[117] Much of this research focuses on improving the overall per acre oil yield of Jatropha through advancements in genetics, soil science, and horticultural practices. SG Biofuels, a San Diego-based Jatropha developer, has used molecular breeding and biotechnology to produce elite hybrid seeds of Jatropha that show significant yield improvements over first generation varieties.[118] The Center for Sustainable Energy Farming (CfSEF) is a Los Angeles-based non-profit research organization dedicated to Jatropha research in the areas of plant science, agronomy, and horticulture. Successful exploration of these disciplines is projected to increase Jatropha farm production yields by 200-300% in the next ten years.[119]
However, it has been found that high emissions are associated only with shallow reservoirs in warm (tropical) locales, and recent innovations in hydropower turbine technology are enabling efficient development of low-impact run-of-the-river hydroelectricity projects.[17] Generally speaking, hydroelectric plants produce much lower life-cycle emissions than other types of generation. Hydroelectric power, which underwent extensive development during growth of electrification in the 19th and 20th centuries, is experiencing resurgence of development in the 21st century. The areas of greatest hydroelectric growth are the booming economies of Asia. China is the development leader; however, other Asian nations are installing hydropower at a rapid pace. This growth is driven by much increased energy costs—especially for imported energy—and widespread desires for more domestically produced, clean, renewable, and economical generation.

Over $1 billion of federal money has been spent on the research and development of hydrogen and a medium for energy storage in the United States.[150] Both the National Renewable Energy Laboratory[151] and Sandia National Laboratories[152] have departments dedicated to hydrogen research. Hydrogen is useful for energy storage, and for use in airplanes and ships, but is not practical for automobile use, as it is not very efficient, compared to using a battery — for the same cost a person can travel three times as far using a battery electric vehicle.[153]
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 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]
Single small turbines below 100 kilowatts are used for homes, telecommunications dishes, or water pumping. Small turbines are sometimes used in connection with diesel generators, batteries, and photovoltaic systems. These systems are called hybrid wind systems and are typically used in remote, off-grid locations where a connection to the utility grid is not available.

The incentive to use 100% renewable energy, for electricity, transport, or even total primary energy supply globally, has been motivated by global warming and other ecological as well as economic concerns. The Intergovernmental Panel on Climate Change has said that there are few fundamental technological limits to integrating a portfolio of renewable energy technologies to meet most of total global energy demand. Renewable energy use has grown much faster than even advocates anticipated.[148] At the national level, at least 30 nations around the world already have renewable energy contributing more than 20% of energy supply. Also, Professors S. Pacala and Robert H. Socolow have developed a series of "stabilization wedges" that can allow us to maintain our quality of life while avoiding catastrophic climate change, and "renewable energy sources," in aggregate, constitute the largest number of their "wedges".[149]

^ Jump up to: a b c d Alsema, E.A.; Wild – Scholten, M.J. de; Fthenakis, V.M. Environmental impacts of PV electricity generation – a critical comparison of energy supply options Archived 6 March 2012 at the Wayback Machine. ECN, September 2006; 7p. Presented at the 21st European Photovoltaic Solar Energy Conference and Exhibition, Dresden, Germany, 4–8 September 2006.
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.[94] 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.[95] Sandia has a total budget of $2.4 billion [96] while NREL has a budget of $375 million.[97]
The International Geothermal Association (IGA) has reported that 10,715 MW of geothermal power in 24 countries is online, which is expected to generate 67,246 GWh of electricity in 2010.[131] This represents a 20% increase in geothermal power online capacity since 2005. IGA projects this will grow to 18,500 MW by 2015, due to the large number of projects presently under consideration, often in areas previously assumed to have little exploitable resource.[131]
As of 2014, offshore wind power amounted to 8,771 megawatt of global installed capacity. Although offshore capacity doubled within three years (from 4,117 MW in 2011), it accounted for only 2.3% of the total wind power capacity. The United Kingdom is the undisputed leader of offshore power with half of the world's installed capacity ahead of Denmark, Germany, Belgium and China.
This solar resource map provides a summary of the estimated solar energy available for power generation and other energy applications. It represents the average daily/yearly sum of electricity production from a 1 kW-peak grid-connected solar PV power plant covering the period from 1994/1999/2007 (depending on the geographical region) to 2015. Source: Global Solar Atlas]