The PV industry is beginning to adopt levelized cost of electricity (LCOE) as the unit of cost. The electrical energy generated is sold in units of kilowatt-hours (kWh). As a rule of thumb, and depending on the local insolation, 1 watt-peak of installed solar PV capacity generates about 1 to 2 kWh of electricity per year. This corresponds to a capacity factor of around 10–20%. The product of the local cost of electricity and the insolation determines the break even point for solar power. The International Conference on Solar Photovoltaic Investments, organized by EPIA, has estimated that PV systems will pay back their investors in 8 to 12 years.[73] As a result, since 2006 it has been economical for investors to install photovoltaics for free in return for a long term power purchase agreement. Fifty percent of commercial systems in the United States were installed in this manner in 2007 and over 90% by 2009.[74]

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.
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.

Renewable energy power plants do provide a steady flow of energy. For example, hydropower plants, ocean thermal plants, osmotic power plants all provide power at a regulated pace, and are thus available power sources at any given moment (even at night, windstill moments etc.). At present however, the number of steady-flow renewable energy plants alone is still too small to meet energy demands at the times of the day when the irregular producing renewable energy plants cannot produce power.
The locations with highest annual solar irradiance lie in the arid tropics and subtropics. Deserts lying in low latitudes usually have few clouds, and can receive sunshine for more than ten hours a day.[86][87] These hot deserts form the Global Sun Belt circling the world. This belt consists of extensive swathes of land in Northern Africa, Southern Africa, Southwest Asia, Middle East, and Australia, as well as the much smaller deserts of North and South America.[88] Africa's eastern Sahara Desert, also known as the Libyan Desert, has been observed to be the sunniest place on Earth according to NASA.[89][90]
Marine energy (also sometimes referred to as ocean energy) refers to the energy carried by ocean waves, tides, salinity, and ocean temperature differences. The movement of water in the world's oceans creates a vast store of kinetic energy, or energy in motion. This energy can be harnessed to generate electricity to power homes, transport and industries. The term marine energy encompasses both wave power – power from surface waves, and tidal power – obtained from the kinetic energy of large bodies of moving water. Reverse electrodialysis (RED) is a technology for generating electricity by mixing fresh river water and salty sea water in large power cells designed for this purpose; as of 2016 it is being tested at a small scale (50 kW). Offshore wind power is not a form of marine energy, as wind power is derived from the wind, even if the wind turbines are placed over water. The oceans have a tremendous amount of energy and are close to many if not most concentrated populations. Ocean energy has the potential of providing a substantial amount of new renewable energy around the world.[165]
There are two main reasons for this, according to Kevin Haley, BRC program manager. First, there’s been strong continued support from major tech companies with large electricity loads. Facebook and AT&T, for instance, have procured the most new renewable energy capacity in 2018, with other large deals from Microsoft, Apple and Walmart. The second reason is that the pool of corporate customers is starting to expand.
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.
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]
Above this rated speed, the wind loads on the rotor blades will be approaching the maximum strength of the electrical machine, and the generator will be producing its maximum or rated power output as the rated wind speed window will have been reached. If the wind speed continues to increase, the wind turbine generator would stop at its cut-out point to prevent mechanical and electrical damage, resulting in zero electrical generation. The application of a brake to stop the generator for damaging itself can be either a mechanical governor or electrical speed sensor.
The world of small wind turbines is much like the wild-west of a century ago: Anything goes, and no claim is too bold. Wind turbine manufacturers will even routinely make claims that are not supported by the Laws of Physics. Energy production claims are often exaggerated, as are power curves. In fact, this is the rule, not the exception. Those manufacturers that tell the truth are the exception. Many manufacturers have never tested their wind turbines under real-world conditions. Some have never tested their turbine before selling it to unsuspecting customers. We are not joking! Because we sell grid-tie inverters for small wind turbines we have a front-row seat when it comes to actual operation of turbines of many makes and models. It turns out that some do not work; they self-destruct within days, and sometimes run away and blow their inverter within seconds after being turned onfor  the first time (clearly nobody at the factory bothered to ever test it).
Wind-generated electricity met nearly 4% of global electricity demand in 2015, with nearly 63 GW of new wind power capacity installed. Wind energy was the leading source of new capacity in Europe, the US and Canada, and the second largest in China. In Denmark, wind energy met more than 40% of its electricity demand while Ireland, Portugal and Spain each met nearly 20%.
Some of the second-generation renewables, such as wind power, have high potential and have already realised relatively low production costs. At the end of 2008, worldwide wind farm capacity was 120,791 megawatts (MW), representing an increase of 28.8 percent during the year,[30] and wind power produced some 1.3% of global electricity consumption.[31] Wind power accounts for approximately 20% of electricity use in Denmark, 9% in Spain, and 7% in Germany.[32][33] However, it may be difficult to site wind turbines in some areas for aesthetic or environmental reasons, and it may be difficult to integrate wind power into electricity grids in some cases.[10]
Hydropower is produced in 150 countries, with the Asia-Pacific region generating 32 percent of global hydropower in 2010. For countries having the largest percentage of electricity from renewables, the top 50 are primarily hydroelectric. China is the largest hydroelectricity producer, with 721 terawatt-hours of production in 2010, representing around 17 percent of domestic electricity use. There are now three hydroelectricity stations larger than 10 GW: the Three Gorges Dam in China, Itaipu Dam across the Brazil/Paraguay border, and Guri Dam in Venezuela.[48]
The Desert Sunlight Solar Farm is a 550 MW power plant in Riverside County, California, that uses thin-film CdTe-modules made by First Solar.[41] As of November 2014, the 550 megawatt Topaz Solar Farm was the largest photovoltaic power plant in the world. This was surpassed by the 579 MW Solar Star complex. The current largest photovoltaic power station in the world is Longyangxia Dam Solar Park, in Gonghe County, Qinghai, China.
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]
America is embracing renewables, slowly. In 2016, Massachusetts passed a law promoting a huge investment in wind and hydropower; the first megawatt is expected to hit the grid in 2020. Early this year New York State announced plans to spend 12 years building the infrastructure for a $6 billion offshore wind power industry. Hawaii has pledged to be powered entirely by renewable energy—in 2045. Atlanta’s goal is 2035 and San Francisco’s is 2030. Typically, plans to convert to sustainable energy stretch on for decades.
The energy it calculates is in kWh per year, the diameter of the wind turbine rotor is in meters, the wind speed is annual average for the turbine hub height in m/s. The equation uses a Weibull wind distribution with a factor of K=2, which is about right for inland sites. An overall efficiency of the turbine, from wind to electrical grid, of 30% is used. That is a reasonable, real-world efficiency number. Here is a table that shows how average annual wind speed, turbine size, and annual energy production relate:
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.
Usually however, renewable energy is derived from the mains electricity grid. This means that energy storage is mostly not used, as the mains electricity grid is organised to produce the exact amount of energy being consumed at that particular moment. Energy production on the mains electricity grid is always set up as a combination of (large-scale) renewable energy plants, as well as other power plants as fossil-fuel power plants and nuclear power. This combination however, which is essential for this type of energy supply (as e.g. wind turbines, solar power plants etc.) can only produce when the wind blows and the sun shines. This is also one of the main drawbacks of the system as fossil fuel powerplants are polluting and are a main cause of global warming (nuclear power being an exception). Although fossil fuel power plants too can be made emissionless (through carbon capture and storage), as well as renewable (if the plants are converted to e.g. biomass) the best solution is still to phase out the latter power plants over time. Nuclear power plants too can be more or less eliminated from their problem of nuclear waste through the use of nuclear reprocessing and newer plants as fast breeder and nuclear fusion plants.
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.
Another economic measure, closely related to the energy payback time, is the energy returned on energy invested (EROEI) or energy return on investment (EROI),[131] which is the ratio of electricity generated divided by the energy required to build and maintain the equipment. (This is not the same as the economic return on investment (ROI), which varies according to local energy prices, subsidies available and metering techniques.) With expected lifetimes of 30 years,[132] the EROEI of PV systems are in the range of 10 to 30, thus generating enough energy over their lifetimes to reproduce themselves many times (6–31 reproductions) depending on what type of material, balance of system (BOS), and the geographic location of the system.[133]

“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]

If you do install an anemometer and measure the wind over one or more years, you should compare the annual average wind speed obtained from your anemometer data to the annual average of the nearest airport or meteo-station for that same year. This will tell you if your site is more or less windy than that airport or meteo-station, and by how much. Then compare that year’s data  to the long-term annual average wind speed, and you will know what to expect over the long term, corrected for your particular site. It will not be exact, but it will make your short-term anemometer data much more useful.
The reliability of small wind turbines is (still) problematic. Even the good ones break much more frequently than we would like, and none will run for 20 years without the need to replace at least some part(s). Despite their apparent simplicity, a small wind turbine is nowhere near as reliable as the average car (and even cars will not run for 20 years without stuff breaking). If you are going to install a small wind turbine you should expect that it will break. The only questions are when and how often.
Materials for wind turbine parts other than the rotor blades (including the rotor hub, gearbox, frame, and tower) are largely composed of steel. Modern turbines use a couple of tons of copper for generators, cables, and such.[52] Smaller wind turbines have begun incorporating more aluminum based alloys into these components in an effort to make the turbines lighter and more efficient, and may continue to be used increasingly if fatigue and strength properties can be improved. Prestressed concrete has been increasingly used for the material of the tower, but still requires much reinforcing steel to meet the strength requirement of the turbine. Additionally, step-up gearboxes are being increasingly replaced with variable speed generators, increasing the demand for magnetic materials in wind turbines.[46] In particular, this would require an increased supply of the rare earth metal neodymium.
Adam Schultz, a senior policy analyst for the Oregon Department of Energy, says he’s more encouraged than ever about the prospects for renewables. Because the Pacific Northwest features large-scale hydropower plants built as part of the New Deal, energy already tends to be less expensive there than the U.S. average. But solar and wind power have “gotten cheaper over the last couple years to the point that I can’t even tell you what the costs are because costs have been dropping so rapidly,” Schultz says. “We have enough sunshine,” he says (presumably referring to the eastern part of the state), “so it’s just a matter of time.”

In 2010, the International Energy Agency predicted that global solar PV capacity could reach 3,000 GW or 11% of projected global electricity generation by 2050—enough to generate 4,500 TWh of electricity.[40] Four years later, in 2014, the agency projected that, under its "high renewables" scenario, solar power could supply 27% of global electricity generation by 2050 (16% from PV and 11% from CSP).[2]