^ Jump up to: a b c Fridleifsson,, Ingvar B.; Bertani, Ruggero; Huenges, Ernst; Lund, John W.; Ragnarsson, Arni; Rybach, Ladislaus (11 February 2008). O. Hohmeyer and T. Trittin, ed. "The possible role and contribution of geothermal energy to the mitigation of climate change" (PDF). Luebeck, Germany: 59–80. Archived from the original (pdf) on 22 July 2011. Retrieved 6 April 2009.
Renewable energy technologies are getting cheaper, through technological change and through the benefits of mass production and market competition. A 2011 IEA report said: "A portfolio of renewable energy technologies is becoming cost-competitive in an increasingly broad range of circumstances, in some cases providing investment opportunities without the need for specific economic support," and added that "cost reductions in critical technologies, such as wind and solar, are set to continue."
In 2004, natural gas accounted for about 19 percent of the U.S. electricity mix. Use of natural gas is projected to increase dramatically in the next two decades if we continue on our current path, but supplies are limited and imports are increasing. Our growing reliance on natural gas combined with limited supplies makes this fuel subject to price spikes, which can have a significant impact on consumer energy costs. In addition, though natural gas is much cleaner than coal or oil, it does produce global warming emissions when burned. So, while the use of natural gas serves as a good transition to a cleaner future, it is not the ultimate solution.
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."
Conventional hydroelectricity works very well in conjunction with solar power, water can be held back or released from a reservoir behind a dam as required. Where a suitable river is not available, pumped-storage hydroelectricity uses solar power to pump water to a high reservoir on sunny days then the energy is recovered at night and in bad weather by releasing water via a hydroelectric plant to a low reservoir where the cycle can begin again. However, this cycle can lose 20% of the energy to round trip inefficiencies, this plus the construction costs add to the expense of implementing high levels of solar power.
Prior to the development of coal in the mid 19th century, nearly all energy used was renewable. Almost without a doubt the oldest known use of renewable energy, in the form of traditional biomass to fuel fires, dates from 790,000 years ago. Use of biomass for fire did not become commonplace until many hundreds of thousands of years later, sometime between 200,000 and 400,000 years ago. Probably the second oldest usage of renewable energy is harnessing the wind in order to drive ships over water. This practice can be traced back some 7000 years, to ships in the Persian Gulf and on the Nile. Moving into the time of recorded history, the primary sources of traditional renewable energy were human labor, animal power, water power, wind, in grain crushing windmills, and firewood, a traditional biomass. A graph of energy use in the United States up until 1900 shows oil and natural gas with about the same importance in 1900 as wind and solar played in 2010.
Thirty years ago Bergey pioneered the radically-simple “Bergey design” that has proven to provide the best reliability, performance, service life, and value of all of the hundreds of competitive products that have come and gone in that time. With only three moving parts and no scheduled maintenance necessary, the Bergey 10 kW has compiled a service record that no other wind turbine can match. We back it up with the longest warranty in the industry.
Research is also undertaken in this field of artificial photosynthesis. It involves the use of nanotechnology to store solar electromagnetic energy in chemical bonds, by splitting water to produce hydrogen fuel or then combining with carbon dioxide to make biopolymers such as methanol. Many large national and regional research projects on artificial photosynthesis are now trying to develop techniques integrating improved light capture, quantum coherence methods of electron transfer and cheap catalytic materials that operate under a variety of atmospheric conditions. Senior researchers in the field have made the public policy case for a Global Project on Artificial Photosynthesis to address critical energy security and environmental sustainability issues.