At the end of 2014, worldwide PV capacity reached at least 177,000 megawatts. Photovoltaics grew fastest in China, followed by Japan and the United States, while Germany remains the world's largest overall producer of photovoltaic power, contributing about 7.0 percent to the overall electricity generation. Italy meets 7.9 percent of its electricity demands with photovoltaic power—the highest share worldwide. For 2015, global cumulative capacity is forecasted to increase by more than 50 gigawatts (GW). By 2018, worldwide capacity is projected to reach as much as 430 gigawatts. This corresponds to a tripling within five years. Solar power is forecasted to become the world's largest source of electricity by 2050, with solar photovoltaics and concentrated solar power contributing 16% and 11%, respectively. This requires an increase of installed PV capacity to 4,600 GW, of which more than half is expected to be deployed in China and India.
Renewable energy variability is a problem for corporate buyers. But what is undesirable to buyers is attractive for insurance companies, whose core business revolves around managing weather-related risks. VFAs sit on top of a new or existing PPA and are effectively designed to pay the corporate buyer when they’re getting less renewable power than they contracted for, and give money to the insurer when there’s more.
A good match between generation and consumption is key for high self consumption, and should be considered when deciding where to install solar power and how to dimension the installation. The match can be improved with batteries or controllable electricity consumption. However, batteries are expensive and profitability may require provision of other services from them besides self consumption increase. Hot water storage tanks with electric heating with heat pumps or resistance heaters can provide low-cost storage for self consumption of solar power. Shiftable loads, such as dishwashers, tumble dryers and washing machines, can provide controllable consumption with only a limited effect on the users, but their effect on self consumption of solar power may be limited.
†Offer is available to Texas residential customers who enroll using the Promotion Code “NIGHTSFREE”. Plan bills a monthly Base Charge, an Energy Charge, and passes through Utility Transmission and Distribution delivery charges. Energy Charges for usage consumed between 9pm and 7am each day is credited back on your bill. The utility charges, including delivery charges for night time hours, are passed through at cost and aggregated on your bill. See Electricity Facts Label for details.
Advertising Architecture Art Business City College programs Community Design Ecovillage Education for Sustainable Development Fashion Gardening Geopark Green marketing Industries Landscape architecture Living Low-impact development Sustainable market Organizations Packaging Practices Procurement Tourism Transport Urban drainage systems Urban infrastructure Urbanism
A: A residential solar PV system can cost anywhere from $25,000 to $35,000, on average. Because of the high cost, a power purchase agreement (PPA), loan, or lease are popular options for financing a solar PV system. Naturally, there are benefits and drawbacks with each option. We won’t cover them in detail here, but you can learn more in our article “Financing Options for Solar Power Explained.”
The US National Renewable Energy Laboratory (NREL), in harmonizing the disparate estimates of life-cycle GHG emissions for solar PV, found that the most critical parameter was the solar insolation of the site: GHG emissions factors for PV solar are inversely proportional to insolation. For a site with insolation of 1700 kWh/m2/year, typical of southern Europe, NREL researchers estimated GHG emissions of 45 gCO2e/kWh. Using the same assumptions, at Phoenix, USA, with insolation of 2400 kWh/m2/year, the GHG emissions factor would be reduced to 32 g of CO2e/kWh.
Going forward, there is hope for the small wind future! Certification programs are under way in various places to provide real turbine performance data. In North America this is being spearheaded by the Small Wind Certification Council, which requires third-party certification of turbine performance in a standardized fashion. Manufacturers will no longer be able to fudge power curves, or specify ‘rated power’ at hurricane-force wind speeds. This will allow you, the consumer, to compare turbines on a much more even footing.
Run-of-the-river hydroelectricity plants derive energy from rivers without the creation of a large reservoir. The water is typically conveyed along the side of the river valley (using channels, pipes and/or tunnels) until it is high above the valley floor, whereupon it can allowed to fall through a penstock to drive a turbine. This style of generation may still produce a large amount of electricity, such as the Chief Joseph Dam on the Columbia river in the United States.
My system has been installed for about a year now. When I first contracted with Envismart, the sales rep was very available and eager to help with my questions but after the installation, he was very hard to make contact with, seldom returned my calls, and when he did seemed to tell me what he thought I wanted hear and very seldom followed through. The system had a shaky start, it died after one day and after two new inverters and several optimizers over several months of on again, off again operation it seems to be running smoothly, at least for the last few months. Customer support was not very good, to be kind, but the service personnel that came out were prompt and there when they said they would be and very open about what the problems were and quickly fixed them. I was told my recurring system problems were a little unusual and I have to take their word on that but they gave me their personnel cell numbers and told me to call them when I couldn't get Customer Support to call - and when I called them, they came through and got me serviced a lot more quickly. They are the main reason I rated the company a 3.I have to say, the last month or so, it seems like the company is starting to work on changing its image. I have been called on several occasions by the "Quality Assurance" group at their initiation and asked if everything was OK with my system and I usually had an issue about something (admittedly, sometimes very minor). They always followed through with answers and corrected my concerns which was a big change from my previous experiences. I want to encourage them to continue improving their Customer Support after the sale in this manner as that is the real reputation for their company. I am still reserving my opinion but I am very much encouraged by their recent efforts - Keep it up!... read more
These high strength magnets are usually made from rare earth materials such as neodymium iron (NdFe), or samarium cobalt (SmCo) eliminating the need for the field windings to provide a constant magnetic field, leading to a simpler, more rugged construction. Wound field windings have the advantage of matching their magnetism (and therefore power) with the varying wind speed but require an external energy source to generate the required magnetic field.