A turbine that produces around 5 kW worth of energy can produce approximately 8,000 kWh per year, assuming there are decent winds to power it. Given ideal conditions, you will be able to recoup your investment in three to five years, depending on your monthly energy consumption and other related factors. If, however, your property doesn’t get enough wind then it may take a little more time to recover your initial investment.
Solar panels converts the sun's light in to usable solar energy using N-type and P-type semiconductor material.  When sunlight is absorbed by these materials, the solar energy knocks electrons loose from their atoms, allowing the electrons to flow through the material to produce electricity. This process of converting light (photons) to electricity (voltage) is called the photovoltaic (PV) effect.  Currently solar panels convert most of the visible light spectrum and about half of the ultraviolet and infrared light spectrum to usable solar energy.

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
Geothermal energy is produced by tapping into the thermal energy created and stored within the earth. It arises from the radioactive decay of an isotope of potassium and other elements found in the Earth's crust.[144] Geothermal energy can be obtained by drilling into the ground, very similar to oil exploration, and then it is carried by a heat-transfer fluid (e.g. water, brine or steam).[144] Geothermal systems that are mainly dominated by water have the potential to provide greater benefits to the system and will generate more power.[145] Within these liquid-dominated systems, there are possible concerns of subsidence and contamination of ground-water resources. Therefore, protection of ground-water resources is necessary in these systems. This means that careful reservoir production and engineering is necessary in liquid-dominated geothermal reservoir systems.[145] Geothermal energy is considered sustainable because that thermal energy is constantly replenished.[146] However, the science of geothermal energy generation is still young and developing economic viability. Several entities, such as the National Renewable Energy Laboratory[147] and Sandia National Laboratories[148] are conducting research toward the goal of establishing a proven science around geothermal energy. The International Centre for Geothermal Research (IGC), a German geosciences research organization, is largely focused on geothermal energy development research.[149]
Several large-scale energy storage suggestions for the grid have been done. Worldwide there is over 100 GW of Pumped-storage hydroelectricity. This improves efficiency and decreases energy losses but a conversion to an energy storing mains electricity grid is a very costly solution. Some costs could potentially be reduced by making use of energy storage equipment the consumer buys and not the state. An example is batteries in electric cars that would double as an energy buffer for the electricity grid. However besides the cost, setting-up such a system would still be a very complicated and difficult procedure. Also, energy storage apparatus' as car batteries are also built with materials that pose a threat to the environment (e.g. Lithium). The combined production of batteries for such a large part of the population would still have environmental concerns. Besides car batteries however, other Grid energy storage projects make use of less polluting energy carriers (e.g. compressed air tanks and flywheel energy storage).

In 2004, the German government introduced the first large-scale feed-in tariff system, under the German Renewable Energy Act, which resulted in explosive growth of PV installations in Germany. At the outset the FIT was over 3x the retail price or 8x the industrial price. The principle behind the German system is a 20-year flat rate contract. The value of new contracts is programmed to decrease each year, in order to encourage the industry to pass on lower costs to the end users. The programme has been more successful than expected with over 1GW installed in 2006, and political pressure is mounting to decrease the tariff to lessen the future burden on consumers.
Champion Energy is able to provide green power through the purchase of an environmental trading commodity known as a renewable energy credit (REC). RECs are created when a qualified renewable energy generation facility (like a wind farm or solar array) produces electricity. They represent the added value in terms of renewable energy’s environmental benefits and costs when compared to conventional means of producing power. We buy RECs from wind farms contributing electricity to your local grid, then ‘retire’ those RECs in direct proportion to the amount of energy you consume. In this way, you can be confident that every kWh you use is helping to promote and support the continued development of green energy infrastructure in your area.
Energy storage is a collection of methods used to store electrical energy on an electrical power grid, or off it. Electrical energy is stored during times when production (especially from intermittent power plants such as renewable electricity sources such as wind power, tidal power, solar power) exceeds consumption, and returned to the grid when production falls below consumption. Pumped-storage hydroelectricity is used for more than 90% of all grid power storage. Costs of lithium ion batteries are dropping rapidly, and are increasingly being deployed as fast acting sources of grid power (i.e. operating reserve) and for domestic storage.
Jump up ^ Artificial photosynthesis as a frontier technology for energy sustainability. Thomas Faunce, Stenbjorn Styring, Michael R. Wasielewski, Gary W. Brudvig, A. William Rutherford, Johannes Messinger, Adam F. Lee, Craig L. Hill, Huub deGroot, Marc Fontecave, Doug R. MacFarlane, Ben Hankamer, Daniel G. Nocera, David M. Tiede, Holger Dau, Warwick Hillier, Lianzhou Wang and Rose Amal. Energy Environ. Sci., 2013, Advance Article doi:10.1039/C3EE40534F

Kinetic Internal Thermal Potential Gravitational Elastic Electrical potential energy Mechanical Interatomic potential Electrical Magnetic Ionization Radiant Binding Nuclear binding energy Gravitational binding energy Chromodynamic Dark Quintessence Phantom Negative Chemical Rest Sound energy Surface energy Mechanical wave Sound wave Vacuum energy Zero-point energy
Most in the industry agree that 11 m/s (24.6 mph) makes for a good rated wind speed. Go above it and very soon the turbine should be hard at work to protect itself from destruction, by furling, governing, or shutting down. Those that do not will likely face a short and tortured life. If we agree on 11 m/s, an equation for a realistic rated power number is as follows:
Wind power is widely used in Europe, China, and the United States. From 2004 to 2014, worldwide installed capacity of wind power has been growing from 47 GW to 369 GW—a more than sevenfold increase within 10 years with 2014 breaking a new record in global installations (51 GW). As of the end of 2014, China, the United States and Germany combined accounted for half of total global capacity.[83] Several other countries have achieved relatively high levels of wind power penetration, such as 21% of stationary electricity production in Denmark, 18% in Portugal, 16% in Spain, and 14% in Ireland in 2010 and have since continued to expand their installed capacity.[105][106] More than 80 countries around the world are using wind power on a commercial basis.[76]
In 2015, Ross wrote an op-ed for Time magazine about his city’s planned transition to renewables. “A town in the middle of a state that recently sported oil derricks on its license plates may not be where you’d expect to see leaders move to clean solar and wind generation,” he wrote. Lest readers get the wrong idea, he felt compelled to explain: “No, environmental zealots have not taken over City Council.”
Infinitemall stands behind their products and is willing to bend over backwards to help the customer. I live in rural Alaska, power here is very expensive and is generated mainly by diesel generators. My family and I are constructing a grid-tied alternative energy home. Outback Inverters and charge controllers are at the heart of the system, with a total of 8KW in solar panels and 5kw in wind generators. I have also constructed a D/C generator using an old 4 wheeler motor and 2 MWS Freedom II Generals that produces an easy 3.5kw at low engine rpms. The system totals close to 20kw in all. I purchased this wind mill to replace an older wind mill that I had built a few years ago using Windy Nations PMG. When I received the wind generator, I was disappointed to find that the center hole for the shaft had not been machined. Infintemall was very helpful, they got a new turbine out to me right away, and even paid for the defective unit to be returned. All said and done, they are a great company to deal with and I would highly recommend their turbine. It is very quiet, and quite powerful.

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The generator, which is approximately 34% of the wind turbine cost, includes the electrical generator,[38][39] the control electronics, and most likely a gear box (e.g. planetary gear box),[40] adjustable-speed drive or continuously variable transmission[41] component for converting the low-speed incoming rotation to high-speed rotation suitable for generating electricity.

As of 2011, small solar PV systems provide electricity to a few million households, and micro-hydro configured into mini-grids serves many more. Over 44 million households use biogas made in household-scale digesters for lighting and/or cooking, and more than 166 million households rely on a new generation of more-efficient biomass cookstoves.[26] 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] At the national level, at least 30 nations around the world already have renewable energy contributing more than 20% of energy supply. National renewable energy markets are projected to continue to grow strongly in the coming decade and beyond, and some 120 countries have various policy targets for longer-term shares of renewable energy, including a 20% target of all electricity generated for the European Union by 2020. Some countries have much higher long-term policy targets of up to 100% renewables. Outside Europe, a diverse group of 20 or more other countries target renewable energy shares in the 2020–2030 time frame that range from 10% to 50%.[11]
Several initiatives are being proposed to mitigate distribution problems. First and foremost, the most effective way to reduce USA’s CO2 emissions and slow global warming is through conservation efforts. Opponents of the current US electrical grid have also advocated for decentralizing the grid. This system would increase efficiency by reducing the amount of energy lost in transmission. It would also be economically viable as it would reduce the amount of power lines that will need to be constructed in the future to keep up with demand. Merging heat and power in this system would create added benefits and help to increase its efficiency by up to 80-90%. This is a significant increase from the current fossil fuel plants which only have an efficiency of 34%.[92]
Thermal storage technologies allow heat or cold to be stored for periods of time ranging from hours or overnight to interseasonal, and can involve storage of sensible energy (i.e. by changing the temperature of a medium) or latent energy (i.e. through phase changes of a medium, such between water and slush or ice). Short-term thermal storages can be used for peak-shaving in district heating or electrical distribution systems. Kinds of renewable or alternative energy sources that can be enabled include natural energy (e.g. collected via solar-thermal collectors, or dry cooling towers used to collect winter's cold), waste energy (e.g. from HVAC equipment, industrial processes or power plants), or surplus energy (e.g. as seasonally from hydropower projects or intermittently from wind farms). The Drake Landing Solar Community (Alberta, Canada) is illustrative. borehole thermal energy storage allows the community to get 97% of its year-round heat from solar collectors on the garage roofs, which most of the heat collected in summer.[58][59] Types of storages for sensible energy include insulated tanks, borehole clusters in substrates ranging from gravel to bedrock, deep aquifers, or shallow lined pits that are insulated on top. Some types of storage are capable of storing heat or cold between opposing seasons (particularly if very large), and some storage applications require inclusion of a heat pump. Latent heat is typically stored in ice tanks or what are called phase-change materials (PCMs).
Smart grid refers to a class of technology people are using to bring utility electricity delivery systems into the 21st century, using computer-based remote control and automation.[65] These systems are made possible by two-way communication technology and computer processing that has been used for decades in other industries. They are beginning to be used on electricity networks, from the power plants and wind farms all the way to the consumers of electricity in homes and businesses. They offer many benefits to utilities and consumers—mostly seen in big improvements in energy efficiency on the electricity grid and in the energy users’ homes and offices.[65]

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Technology advances are opening up a huge new market for solar power: the approximately 1.3 billion people around the world who don't have access to grid electricity. Even though they are typically very poor, these people have to pay far more for lighting than people in rich countries because they use inefficient kerosene lamps. Solar power costs half as much as lighting with kerosene.[136] As of 2010, an estimated 3 million households get power from small solar PV systems.[137] Kenya is the world leader in the number of solar power systems installed per capita. More than 30,000 very small solar panels, each producing 1[138]2 to 30 watts, are sold in Kenya annually. Some Small Island Developing States (SIDS) are also turning to solar power to reduce their costs and increase their sustainability.
Compact Linear Fresnel Reflectors are CSP-plants which use many thin mirror strips instead of parabolic mirrors to concentrate sunlight onto two tubes with working fluid. This has the advantage that flat mirrors can be used which are much cheaper than parabolic mirrors, and that more reflectors can be placed in the same amount of space, allowing more of the available sunlight to be used. Concentrating linear fresnel reflectors can be used in either large or more compact plants.[16][17]