“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]
At the end of 2014, worldwide PV capacity reached at least 177,000 megawatts. Photovoltaics grew fastest in China, followed by Japan and the United States, while Germany remains the world's largest overall producer of photovoltaic power, contributing about 7.0 percent to the overall electricity generation. Italy meets 7.9 percent of its electricity demands with photovoltaic power—the highest share worldwide. For 2015, global cumulative capacity is forecasted to increase by more than 50 gigawatts (GW). By 2018, worldwide capacity is projected to reach as much as 430 gigawatts. This corresponds to a tripling within five years. Solar power is forecasted to become the world's largest source of electricity by 2050, with solar photovoltaics and concentrated solar power contributing 16% and 11%, respectively. This requires an increase of installed PV capacity to 4,600 GW, of which more than half is expected to be deployed in China and India.
For either photovoltaic or thermal systems, one option is to loft them into space, particularly Geosynchronous orbit. To be competitive with Earth-based solar power systems, the specific mass (kg/kW) times the cost to loft mass plus the cost of the parts needs to be $2400 or less. I.e., for a parts cost plus rectenna of $1100/kW, the product of the $/kg and kg/kW must be $1300/kW or less. Thus for 6.5 kg/kW, the transport cost cannot exceed $200/kg. While that will require a 100 to one reduction, SpaceX is targeting a ten to one reduction, Reaction Engines may make a 100 to one reduction possible.
The Stirling solar dish combines a parabolic concentrating dish with a Stirling engine which normally drives an electric generator. The advantages of Stirling solar over photovoltaic cells are higher efficiency of converting sunlight into electricity and longer lifetime. Parabolic dish systems give the highest efficiency among CSP technologies. The 50 kW Big Dish in Canberra, Australia is an example of this technology.
Concentrated solar power plants may use thermal storage to store solar energy, such as in high-temperature molten salts. These salts are an effective storage medium because they are low-cost, have a high specific heat capacity, and can deliver heat at temperatures compatible with conventional power systems. This method of energy storage is used, for example, by the Solar Two power station, allowing it to store 1.44 TJ in its 68 m³ storage tank, enough to provide full output for close to 39 hours, with an efficiency of about 99%.
Geothermal power is cost effective, reliable, sustainable, and environmentally friendly, but has historically been limited to areas near tectonic plate boundaries. Recent technological advances have expanded the range and size of viable resources, especially for applications such as home heating, opening a potential for widespread exploitation. Geothermal wells release greenhouse gases trapped deep within the earth, but these emissions are much lower per energy unit than those of fossil fuels. As a result, geothermal power has the potential to help mitigate global warming if widely deployed in place of fossil fuels.
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."
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.
In a twist that has some Republicans in this oil- and gas-rich state whistling Dixie, Ross is now friends with Al Gore, who featured Ross in An Inconvenient Sequel, the 2017 follow-up to An Inconvenient Truth, his Oscar-winning documentary about global warming. “We bonded right away,” Ross recalls. “I said, ‘Mr. Vice President, we’ve got a lot in common. You invented the internet. I invented green energy.’” Trained as an accountant, Ross still works as one—being mayor of Georgetown is a part-time job—and there’s no mistaking his zeal for the other kind of green. When conservatives complain about his energy politics, he is quick to remind them that the city has the lowest effective tax rate in Central Texas.
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". 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.
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.
The ability of biomass and biofuels to contribute to a reduction in CO2 emissions is limited because both biomass and biofuels emit large amounts of air pollution when burned and in some cases compete with food supply. Furthermore, biomass and biofuels consume large amounts of water. Other renewable sources such as wind power, photovoltaics, and hydroelectricity have the advantage of being able to conserve water, lower pollution and reduce CO2 emissions.
Index of solar energy articles List of concentrating solar thermal power companies List of photovoltaics companies List of photovoltaic power stations List of pioneering solar buildings List of rooftop photovoltaic installations List of solar car teams List of solar powered products List of solar thermal power stations People associated with solar power
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]