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.
Photovoltaic systems use no fuel, and modules typically last 25 to 40 years. Thus, capital costs make up most of the cost of solar power. Operations and maintenance costs for new utility-scale solar plants in the US are estimated to be 9 percent of the cost of photovoltaic electricity, and 17 percent of the cost of solar thermal electricity. Governments have created various financial incentives to encourage the use of solar power, such as feed-in tariff programs. Also, Renewable portfolio standards impose a government mandate that utilities generate or acquire a certain percentage of renewable power regardless of increased energy procurement costs. In most states, RPS goals can be achieved by any combination of solar, wind, biomass, landfill gas, ocean, geothermal, municipal solid waste, hydroelectric, hydrogen, or fuel cell technologies.
The overwhelming majority of electricity produced worldwide is used immediately, since storage is usually more expensive and because traditional generators can adapt to demand. However both solar power and wind power are variable renewable energy, meaning that all available output must be taken whenever it is available by moving through transmission lines to where it can be used now. Since solar energy is not available at night, storing its energy is potentially an important issue particularly in off-grid and for future 100% renewable energy scenarios to have continuous electricity availability.
Permanent magnets for wind turbine generators contain rare earth metals such as Nd, Pr, Tb, and Dy. Systems that use magnetic direct drive turbines require higher amounts of rare metals. Therefore, an increase in wind production would increase the demand for these resources. It is estimated that the additional demand for Nd in 2035 may be 4,000 to 18,000 tons and Dy could see an increase of 200 to 1200 tons. These values represent a quarter to half of current production levels. However, since technologies are developing rapidly, driven by supply and price of materials these estimated levels are extremely uncertain.
Green energy, however, utilizes energy sources that are readily available all over the world, including in rural and remote areas that don't otherwise have access to electricity. Advances in renewable energy technologies have lowered the cost of solar panels, wind turbines and other sources of green energy, placing the ability to produce electricity in the hands of the people rather than those of oil, gas, coal and utility companies.
In 2006 California approved the 'California Solar Initiative', offering a choice of investment subsidies or FIT for small and medium systems and a FIT for large systems. The small-system FIT of $0.39 per kWh (far less than EU countries) expires in just 5 years, and the alternate "EPBB" residential investment incentive is modest, averaging perhaps 20% of cost. All California incentives are scheduled to decrease in the future depending as a function of the amount of PV capacity installed.
Green marketing is the sale of green power in competitive markets, where consumers have the option to choose from a variety of suppliers and service offerings, much like they can choose between long-distance telephone carriers. The key difference between green marketing and green pricing is that with green marketing, you are actually switching electricity providers.
The journal, Renewable Energy, seeks to promote and disseminate knowledge on the various topics and technologies of renewable energy systems and components. The journal aims to serve researchers, engineers, economists, manufacturers, NGOs, associations and societies to help them keep abreast of new developments in their specialist fields and to apply alternative energy solutions to current practices.
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. 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.
Renewable energy resources and significant opportunities for energy efficiency exist over wide geographical areas, in contrast to other energy sources, which are concentrated in a limited number of countries. Rapid deployment of renewable energy and energy efficiency, and technological diversification of energy sources, would result in significant energy security and economic benefits. It would also reduce environmental pollution such as air pollution caused by burning of fossil fuels and improve public health, reduce premature mortalities due to pollution and save associated health costs that amount to several hundred billion dollars annually only in the United States. Renewable energy sources, that derive their energy from the sun, either directly or indirectly, such as hydro and wind, are expected to be capable of supplying humanity energy for almost another 1 billion years, at which point the predicted increase in heat from the sun is expected to make the surface of the earth too hot for liquid water to exist.
Although not permitted under the US National Electric Code, it is technically possible to have a “plug and play” PV microinverter. A recent review article found that careful system design would enable such systems to meet all technical, though not all safety requirements. There are several companies selling plug and play solar systems available on the web, but there is a concern that if people install their own it will reduce the enormous employment advantage solar has over fossil fuels.
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.
A Wind Turbine Generator is what makes your electricity by converting mechanical energy into electrical energy. Lets be clear here, they do not create energy or produce more electrical energy than the amount of mechanical energy being used to spin the rotor blades. The greater the “load”, or electrical demand placed on the generator, the more mechanical force is required to turn the rotor. This is why generators come in different sizes and produce differing amounts of electricity.
A wide range of concentrating technologies exists: among the best known are the parabolic trough, the compact linear Fresnel reflector, the Stirling dish and the solar power tower. Various techniques are used to track the sun and focus light. In all of these systems a working fluid is heated by the concentrated sunlight, and is then used for power generation or energy storage. Thermal storage efficiently allows up to 24-hour electricity generation.