A study of the material consumption trends and requirements for wind energy in Europe found that bigger turbines have a higher consumption of precious metals but lower material input per kW generated. The current material consumption and stock was compared to input materials for various onshore system sizes. In all EU countries the estimates for 2020 exceeded and doubled the values consumed in 2009. These countries would need to expand their resources to be able to meet the estimated demand for 2020. For example, currently the EU has 3% of world supply of fluorspar and it requires 14% by 2020. Globally, the main exporting countries are South Africa, Mexico and China. This is similar with other critical and valuable materials required for energy systems such as magnesium, silver and indium. In addition, the levels of recycling of these materials is very low and focusing on that could alleviate issues with supply in the future. It is important to note that since most of these valuable materials are also used in other emerging technologies, like LEDs, PVs and LCDs, it is projected that demand for them will continue to increase.
If you regularly find your lawn furniture blown over, or have to collect it from the neighbour’s yard, your house needs to be repainted every year or two because it constantly gets sand-blasted, and where the trees have funny shapes (and not because your power company has been doing the pruning), that is when you know you live in a windy place where a wind turbine is likely to make economic sense.
In 2007, General Electric's Chief Engineer predicted grid parity without subsidies in sunny parts of the United States by around 2015; other companies predicted an earlier date: the cost of solar power will be below grid parity for more than half of residential customers and 10% of commercial customers in the OECD, as long as grid electricity prices do not decrease through 2010.
As the cost of solar electricity has fallen, the number of grid-connected solar PV systems has grown into the millions and utility-scale solar power stations with hundreds of megawatts are being built. Solar PV is rapidly becoming an inexpensive, low-carbon technology to harness renewable energy from the Sun. The current largest photovoltaic power station in the world is the 850 MW Longyangxia Dam Solar Park, in Qinghai, China.