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.
The advantage of this approach in the United States is that many states offer incentives to offset the cost of installation of a renewable energy system. In California, Massachusetts and several other U.S. states, a new approach to community energy supply called Community Choice Aggregation has provided communities with the means to solicit a competitive electricity supplier and use municipal revenue bonds to finance development of local green energy resources. Individuals are usually assured that the electricity they are using is actually produced from a green energy source that they control. Once the system is paid for, the owner of a renewable energy system will be producing their own renewable electricity for essentially no cost and can sell the excess to the local utility at a profit.
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
“New Wind May Be Cheaper than Old, Reliable Coal” • Wind farms have cost less to build and operate than coal-fired power plants for some time. The trend of lower costs for renewables has crossed a threshold: it is sometimes cheaper to build a brand new wind facility than keep an old coal plant burning, according to Lazard Ltd. [Casper Star-Tribune Online]
Solar electricity is inherently variable and predictable by time of day, location, and seasons. In addition solar is intermittent due to day/night cycles and unpredictable weather. How much of a special challenge solar power is in any given electric utility varies significantly. In a summer peak utility, solar is well matched to daytime cooling demands. In winter peak utilities, solar displaces other forms of generation, reducing their capacity factors.
The International Energy Agency projected in 2014 that under its "high renewables" scenario, by 2050, solar photovoltaics and concentrated solar power would contribute about 16 and 11 percent, respectively, of the worldwide electricity consumption, and solar would be the world's largest source of electricity. Most solar installations would be in China and India. In 2017, solar power provided 1.7% of total worldwide electricity production, growing at 35% per annum.