Another economic measure, closely related to the energy payback time, is the energy returned on energy invested (EROEI) or energy return on investment (EROI), which is the ratio of electricity generated divided by the energy required to build and maintain the equipment. (This is not the same as the economic return on investment (ROI), which varies according to local energy prices, subsidies available and metering techniques.) With expected lifetimes of 30 years, the EROEI of PV systems are in the range of 10 to 30, thus generating enough energy over their lifetimes to reproduce themselves many times (6–31 reproductions) depending on what type of material, balance of system (BOS), and the geographic location of the system.
Adam Schultz, a senior policy analyst for the Oregon Department of Energy, says he’s more encouraged than ever about the prospects for renewables. Because the Pacific Northwest features large-scale hydropower plants built as part of the New Deal, energy already tends to be less expensive there than the U.S. average. But solar and wind power have “gotten cheaper over the last couple years to the point that I can’t even tell you what the costs are because costs have been dropping so rapidly,” Schultz says. “We have enough sunshine,” he says (presumably referring to the eastern part of the state), “so it’s just a matter of time.”
Eight solar panels and one measly little wind generator supplied all the power we used. We bolted the pole that supported the wind generator to a wall of our house, which, sound-wise, turned the roof of the house into one big drumhead. Oops! Live and learn. And when the wind REALLY blew—which was often—the thing broke. The manufacturer replaced the main unit several times before we gave up on wind power.
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Materials that are typically used for the rotor blades in wind turbines are composites, as they tend to have a high stiffness, high strength, high fatigue resistance, and low weight. Typical resins used for these composites include polyester and epoxy, while glass and carbon fibers have been used for the reinforcing material. Construction may use manual layup techniques or composite resin injection molding. As the price of glass fibers is only about one tenth the price of carbon fiber, glass fiber is still dominant.
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A solar cell, or photovoltaic cell (PV), is a device that converts light into electric current using the photovoltaic effect. The first solar cell was constructed by Charles Fritts in the 1880s. The German industrialist Ernst Werner von Siemens was among those who recognized the importance of this discovery. In 1931, the German engineer Bruno Lange developed a photo cell using silver selenide in place of copper oxide, although the prototype selenium cells converted less than 1% of incident light into electricity. Following the work of Russell Ohl in the 1940s, researchers Gerald Pearson, Calvin Fuller and Daryl Chapin created the silicon solar cell in 1954. These early solar cells cost 286 USD/watt and reached efficiencies of 4.5–6%.