Heat pumps and Thermal energy storage are classes of technologies that can enable the utilization of renewable energy sources that would otherwise be inaccessible due to a temperature that is too low for utilization or a time lag between when the energy is available and when it is needed. While enhancing the temperature of available renewable thermal energy, heat pumps have the additional property of leveraging electrical power (or in some cases mechanical or thermal power) by using it to extract additional energy from a low quality source (such as seawater, lake water, the ground, the air, or waste heat from a process).
There are different types of inverters for solar use (string, central, micro). If you’re hoping to install the solar PV system yourself, selecting the best inverter will require serious research and careful planning. If you work through a professional solar installer, on the other hand, the company should help take care of inverter selection for you.
In 2010, the United States led the world in geothermal electricity production with 3,086 MW of installed capacity from 77 power plants; the largest group of geothermal power plants in the world is located at The Geysers, a geothermal field in California. The Philippines follows the US as the second highest producer of geothermal power in the world, with 1,904 MW of capacity online; geothermal power makes up approximately 18% of the country's electricity generation.
Turbines used in residential applications can range in size from 400 Watts to 100 kW (100 kW for very large loads), depending on the amount of electricity you want to generate. For residential applications, you should establish an energy budget and see whether financial incentives are available. This information will help determine the turbine size you will need. Because energy efficiency is usually less expensive than energy production, making your house more energy efficient will probably be more cost effective and will reduce the size of the wind turbine you need (see How Can I Make My Home More Energy Efficient?). Wind turbine manufacturers, dealers, and installers can help you size your system based on your electricity needs and the specifics of your local wind resource and micro-siting.
Green power is a subset of renewable energy and represents those renewable energy resources and technologies that provide the highest environmental benefit. The U.S. Environmental Protection Agency defines green power as electricity produced from solar, wind, geothermal, biogas, biomass and low-impact small hydroelectric sources. Customers often buy green power for avoided environmental impacts and its greenhouse gas reduction benefits.
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]
A heat pump is a device that provides heat energy from a source of heat to a destination called a "heat sink". Heat pumps are designed to move thermal energy opposite to the direction of spontaneous heat flow by absorbing heat from a cold space and releasing it to a warmer one. A solar-assisted heat pump represents the integration of a heat pump and thermal solar panels in a single integrated system. Typically these two technologies are used separately (or only placing them in parallel) to produce hot water. In this system the solar thermal panel performs the function of the low temperature heat source and the heat produced is used to feed the heat pump's evaporator. The goal of this system is to get high COP and then produce energy in a more efficient and less expensive way.
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.
Many residential PV systems are connected to the grid wherever available, especially in developed countries with large markets. In these grid-connected PV systems, use of energy storage is optional. In certain applications such as satellites, lighthouses, or in developing countries, batteries or additional power generators are often added as back-ups. Such stand-alone power systems permit operations at night and at other times of limited sunlight.