Grid parity, the point at which the cost of photovoltaic electricity is equal to or cheaper than the price of grid power, is more easily achieved in areas with abundant sun and high costs for electricity such as in California and Japan. In 2008, The levelized cost of electricity for solar PV was $0.25/kWh or less in most of the OECD countries. By late 2011, the fully loaded cost was predicted to fall below $0.15/kWh for most of the OECD and to reach $0.10/kWh in sunnier regions. These cost levels are driving three emerging trends: vertical integration of the supply chain, origination of power purchase agreements (PPAs) by solar power companies, and unexpected risk for traditional power generation companies, grid operators and wind turbine manufacturers.[dead link]
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.
Run-of-the-river hydroelectricity plants derive energy from rivers without the creation of a large reservoir. The water is typically conveyed along the side of the river valley (using channels, pipes and/or tunnels) until it is high above the valley floor, whereupon it can allowed to fall through a penstock to drive a turbine. This style of generation may still produce a large amount of electricity, such as the Chief Joseph Dam on the Columbia river in the United States.
Rated power of a wind turbine may not be quite as meaningless as cut-in wind speed, though its use is limited. It could have some utility to quickly compare, or get a feel for, the size of the wind turbine, but only if those rated power numbers were taken at the same rated wind speed, and if the manufacturer is giving you a realistic number (many inflate rated power). A much better measure of turbine size is, simply, their diameter. As shown above it is by far the best predictor for power output.
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. 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. 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. 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 using 50,000 solar panels. Salt-water resistant floating farms are also being constructed for ocean use. The largest so far announced floatovoltaic project is a 350 MW power station in the Amazon region of Brazil.
The first electricity-generating wind turbine was a battery charging machine installed in July 1887 by Scottish academic James Blyth to light his holiday home in Marykirk, Scotland. Some months later American inventor Charles F. Brush was able to build the first automatically operated wind turbine after consulting local University professors and colleagues Jacob S. Gibbs and Brinsley Coleberd and successfully getting the blueprints peer-reviewed for electricity production in Cleveland, Ohio. Although Blyth's turbine was considered uneconomical in the United Kingdom, electricity generation by wind turbines was more cost effective in countries with widely scattered populations.
Concentrating solar power plants with wet-cooling systems, on the other hand, have the highest water-consumption intensities of any conventional type of electric power plant; only fossil-fuel plants with carbon-capture and storage may have higher water intensities. A 2013 study comparing various sources of electricity found that the median water consumption during operations of concentrating solar power plants with wet cooling was 810 ga/MWhr for power tower plants and 890 gal/MWhr for trough plants. This was higher than the operational water consumption (with cooling towers) for nuclear (720 gal/MWhr), coal (530 gal/MWhr), or natural gas (210). A 2011 study by the National Renewable Energy Laboratory came to similar conclusions: for power plants with cooling towers, water consumption during operations was 865 gal/MWhr for CSP trough, 786 gal/MWhr for CSP tower, 687 gal/MWhr for coal, 672 gal/MWhr for nuclear, and 198 gal/MWhr for natural gas. The Solar Energy Industries Association noted that the Nevada Solar One trough CSP plant consumes 850 gal/MWhr. The issue of water consumption is heightened because CSP plants are often located in arid environments where water is scarce.
The oldest solar thermal power plant in the world is the 354 megawatt (MW) SEGS thermal power plant, in California. The Ivanpah Solar Electric Generating System is a solar thermal power project in the California Mojave Desert, 40 miles (64 km) southwest of Las Vegas, with a gross capacity of 377 MW. The 280 MW Solana Generating Station is a solar power plant near Gila Bend, Arizona, about 70 miles (110 km) southwest of Phoenix, completed in 2013. When commissioned it was the largest parabolic trough plant in the world and the first U.S. solar plant with molten salt thermal energy storage.
The solar thermal power industry is growing rapidly with 1.3 GW under construction in 2012 and more planned. Spain is the epicenter of solar thermal power development with 873 MW under construction, and a further 271 MW under development. In the United States, 5,600 MW of solar thermal power projects have been announced. Several power plants have been constructed in the Mojave Desert, Southwestern United States. The Ivanpah Solar Power Facility being the most recent. In developing countries, three World Bank projects for integrated solar thermal/combined-cycle gas-turbine power plants in Egypt, Mexico, and Morocco have been approved.
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.
Besides the greening of fossil fuel and nuclear power plants, another option is the distribution and immediate use of power from solely renewable sources. In this set-up energy storage is again not necessary. For example, TREC has proposed to distribute solar power from the Sahara to Europe. Europe can distribute wind and ocean power to the Sahara and other countries. In this way, power is produced at any given time as at any point of the planet as the sun or the wind is up or ocean waves and currents are stirring. This option however is probably not possible in the short-term, as fossil fuel and nuclear power are still the main sources of energy on the mains electricity net and replacing them will not be possible overnight.
Manufacturers often claim that their vertical axis turbine is superior to a horizontal one, because it always faces the wind. So does any horizontal axis turbine, thanks to their tail or yaw mechanism. If the airflow is such that wind directions change drastically from one second to the next it means you have lots of turbulence, and that means it is a poor place to put any wind turbine, HAWT or VAWT.
The tables above are for HAWTs, the regular horizontal “wind mill” type we are all familiar with. For VAWTs the tables can be used as well, but you have to convert their dimensions. Calculate the frontal area (swept area) of the VAWT by multiplying height and width, or for a curved egg-beater approximate the area. Now convert the surface area to a diameter, as if it were a circle: Diameter = √(4 • Area / Pi). That will give you a diameter for the table. Look up the energy production for that diameter and your average annual wind speed and do the following:
Many companies are taking the push for 100 percent renewables seriously because they see it as good business — not just today, but for the long term. At the time of publication, 152 companies of various sizes have made a commitment to go 100 percent renewable through RE100. Big names like Apple and Google have already met their targets, while other companies are looking out further into the future, some as far as 2040. That timeline indicates companies are looking beyond today’s prices and present-day marketing benefits.
For several years, worldwide growth of solar PV was driven by European deployment, but has since shifted to Asia, especially China and Japan, and to a growing number of countries and regions all over the world, including, but not limited to, Australia, Canada, Chile, India, Israel, Mexico, South Africa, South Korea, Thailand, and the United States.