In net metering the price of the electricity produced is the same as the price supplied to the consumer, and the consumer is billed on the difference between production and consumption. Net metering can usually be done with no changes to standard electricity meters, which accurately measure power in both directions and automatically report the difference, and because it allows homeowners and businesses to generate electricity at a different time from consumption, effectively using the grid as a giant storage battery. With net metering, deficits are billed each month while surpluses are rolled over to the following month. Best practices call for perpetual roll over of kWh credits. Excess credits upon termination of service are either lost, or paid for at a rate ranging from wholesale to retail rate or above, as can be excess annual credits. In New Jersey, annual excess credits are paid at the wholesale rate, as are left over credits when a customer terminates service.
In 2011, the International Energy Agency said that "the development of affordable, inexhaustible and clean solar energy technologies will have huge longer-term benefits. It will increase countries' energy security through reliance on an indigenous, inexhaustible and mostly import-independent resource, enhance sustainability, reduce pollution, lower the costs of mitigating climate change, and keep fossil fuel prices lower than otherwise. These advantages are global. Hence the additional costs of the incentives for early deployment should be considered learning investments; they must be wisely spent and need to be widely shared". Italy has the largest proportion of solar electricity in the world, in 2015 solar supplied 7.8% of electricity demand in Italy. In 2016, after another year of rapid growth, solar generated 1.3% of global power.
The energy in the wind goes up with the cube of the wind speed. Double the wind speed and you have 2 * 2 * 2 = 8 times the energy! Sit back and let the full weight of that sink in for a moment: It means that even a small difference in annual average wind speed will make a BIG difference in how much your wind turbine will produce: Putting that turbine in a place that has just 10% more wind will net you 1.1 * 1.1 * 1.1 = 1.33 = a full 33% more energy!
This is a wind map of the lands south of the border (the US) for 30 meters (100′) height, a very common height for small wind turbine installations. Anything green or yellow is not a good wind resource location. Here in Canada the distribution is similar, in that the good places are in the mid-west and very close to the shores of the great lakes and oceans.
The primary obstacle that is preventing the large scale implementation of solar powered energy generation is the inefficiency of current solar technology. Currently, photovoltaic (PV) panels only have the ability to convert around 24% of the sunlight that hits them into electricity. At this rate, solar energy still holds many challenges for widespread implementation, but steady progress has been made in reducing manufacturing cost and increasing photovoltaic efficiency. Both Sandia National Laboratories and the National Renewable Energy Laboratory (NREL), have heavily funded solar research programs. The NREL solar program has a budget of around $75 million  and develops research projects in the areas of photovoltaic (PV) technology, solar thermal energy, and solar radiation. The budget for Sandia’s solar division is unknown, however it accounts for a significant percentage of the laboratory’s $2.4 billion budget. Several academic programs have focused on solar research in recent years. The Solar Energy Research Center (SERC) at University of North Carolina (UNC) has the sole purpose of developing cost effective solar technology. In 2008, researchers at Massachusetts Institute of Technology (MIT) developed a method to store solar energy by using it to produce hydrogen fuel from water. Such research is targeted at addressing the obstacle that solar development faces of storing energy for use during nighttime hours when the sun is not shining. In February 2012, North Carolina-based Semprius Inc., a solar development company backed by German corporation Siemens, announced that they had developed the world’s most efficient solar panel. The company claims that the prototype converts 33.9% of the sunlight that hits it to electricity, more than double the previous high-end conversion rate. Major projects on artificial photosynthesis or solar fuels are also under way in many developed nations.
Energy harnessed by wind turbines is intermittent, and is not a "dispatchable" source of power; its availability is based on whether the wind is blowing, not whether electricity is needed. Turbines can be placed on ridges or bluffs to maximize the access of wind they have, but this also limits the locations where they can be placed. In this way, wind energy is not a particularly reliable source of energy. However, it can form part of the energy mix, which also includes power from other sources. Notably, the relative available output from wind and solar sources is often inversely proportional (balancing). Technology is also being developed to store excess energy, which can then make up for any deficits in supplies.
Any solar PV system that’s tied to the grid will use a bi-directional meter. When you use electricity from the grid, you’ll see your meter move forward. But when your solar PV system produces electricity, any excess will go back into the grid and your meter will move backward. This is called “net metering,” and the utility company will credit your bill for the excess electricity generated.
Even if you can’t directly purchase and install a solar system because you rent your home, have inadequate solar resources, or lack financing, you may still benefit from switching to solar electricity, and there numerous business models that make solar easier, cheaper, and more accessible. Options such as community or shared solar programs, solar leases, and power-purchase agreements allow millions of households to take advantage of solar energy. Learn about the various ways you can go solar.
A more recent concept for improving our electrical grid is to beam microwaves from Earth-orbiting satellites or the moon to directly when and where there is demand. The power would be generated from solar energy captured on the lunar surface In this system, the receivers would be "broad, translucent tent-like structures that would receive microwaves and convert them to electricity". NASA said in 2000 that the technology was worth pursuing but it is still too soon to say if the technology will be cost-effective.
Geothermal power is cost effective, reliable, sustainable, and environmentally friendly, but has historically been limited to areas near tectonic plate boundaries. Recent technological advances have expanded the range and size of viable resources, especially for applications such as home heating, opening a potential for widespread exploitation. Geothermal wells release greenhouse gases trapped deep within the earth, but these emissions are much lower per energy unit than those of fossil fuels. As a result, geothermal power has the potential to help mitigate global warming if widely deployed in place of fossil fuels.
While a single dramatic victory against something like the dirty Keystone XL pipeline can be nice to imagine, the truth is this is how we’re going to win: fighting at every level and with every tool we’ve got. We can’t stop until governments and fossil fuel corporations finally get the message that we need to put our dirty past behind us and fully commit to a clean future that works for all of us moving forward.
There are potentially two sources of nuclear power. Fission is used in all current nuclear power plants. Fusion is the reaction that exists in stars, including the sun, and remains impractical for use on Earth, as fusion reactors are not yet available. However nuclear power is controversial politically and scientifically due to concerns about radioactive waste disposal, safety, the risks of a severe accident, and technical and economical problems in dismantling of old power plants.
Most installers overrate the available wind resource. The majority of small wind turbine installations underperforms their predictions, often by a wide margin. Since wind speed is the most important parameter for turbine energy production, getting that wrong has large consequences (the power in the wind goes with the cube of the wind speed, so double the wind speed and the power in it is 2 * 2 * 2 = 8x as much). You have to be realistic about your annual average wind speed.
For either photovoltaic or thermal systems, one option is to loft them into space, particularly Geosynchronous orbit. To be competitive with Earth-based solar power systems, the specific mass (kg/kW) times the cost to loft mass plus the cost of the parts needs to be $2400 or less. I.e., for a parts cost plus rectenna of $1100/kW, the product of the $/kg and kg/kW must be $1300/kW or less. Thus for 6.5 kg/kW, the transport cost cannot exceed $200/kg. While that will require a 100 to one reduction, SpaceX is targeting a ten to one reduction, Reaction Engines may make a 100 to one reduction possible.
The typical cost factors for solar power include the costs of the modules, the frame to hold them, wiring, inverters, labour cost, any land that might be required, the grid connection, maintenance and the solar insolation that location will receive. Adjusting for inflation, it cost $96 per watt for a solar module in the mid-1970s. Process improvements and a very large boost in production have brought that figure down to 68 cents per watt in February 2016, according to data from Bloomberg New Energy Finance. Palo Alto California signed a wholesale purchase agreement in 2016 that secured solar power for 3.7 cents per kilowatt-hour. And in sunny Dubai large-scale solar generated electricity sold in 2016 for just 2.99 cents per kilowatt-hour – "competitive with any form of fossil-based electricity — and cheaper than most."
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.
Several refineries that can process biomass and turn it into ethanol are built by companies such as Iogen, POET, and Abengoa, while other companies such as the Verenium Corporation, Novozymes, and Dyadic International are producing enzymes which could enable future commercialization. The shift from food crop feedstocks to waste residues and native grasses offers significant opportunities for a range of players, from farmers to biotechnology firms, and from project developers to investors.
The W03083 Firman generator is perfect in and The W03083 Firman generator is perfect in and around the RV on the campsite while powering small appliances or while at home. Its Fuel Economy Mode reduces fuel consumption and promotes engine efficiency. It uses an OHV electric start engine (Max-Pro Series) for longer life higher performance and lower maintenance. ... More + Product Details Close
The Instapark SP-50W solar panel offers you a The Instapark SP-50W solar panel offers you a quiet clean while carbon-free alternative. Capable of converting virtually unlimited solar energy into clean green most importantly free electricity this solar panel is made of high efficiency mono-crystalline solar cells embedded in transparent vinyl acetate behind tempered glass with heavy back sheet ... More + Product Details Close
Alternatively, SRECs allow for a market mechanism to set the price of the solar generated electricity subsity. In this mechanism, a renewable energy production or consumption target is set, and the utility (more technically the Load Serving Entity) is obliged to purchase renewable energy or face a fine (Alternative Compliance Payment or ACP). The producer is credited for an SREC for every 1,000 kWh of electricity produced. If the utility buys this SREC and retires it, they avoid paying the ACP. In principle this system delivers the cheapest renewable energy, since the all solar facilities are eligible and can be installed in the most economic locations. Uncertainties about the future value of SRECs have led to long-term SREC contract markets to give clarity to their prices and allow solar developers to pre-sell and hedge their credits.
Large three-bladed horizontal-axis wind turbines (HAWT), with the blades upwind of the tower produce the overwhelming majority of windpower in the world today. These turbines have the main rotor shaft and electrical generator at the top of a tower, and must be pointed into the wind. Small turbines are pointed by a simple wind vane, while large turbines generally use a wind sensor coupled with a yaw system. Most have a gearbox, which turns the slow rotation of the blades into a quicker rotation that is more suitable to drive an electrical generator. Some turbines use a different type of generator suited to slower rotational speed input. These don't need a gearbox, and are called direct-drive, meaning they couple the rotor directly to the generator with no gearbox in between. While permanent magnet direct-drive generators can be more costly due to the rare earth materials required, these gearless turbines are sometimes preferred over gearbox generators because they "eliminate the gear-speed increaser, which is susceptible to significant accumulated fatigue torque loading, related reliability issues, and maintenance costs."
We've had our system running for about 6 months now, whole process took a little over 2 months, other than submitting a form to our HOA and reviewing/signing some docs, Brio took care of the whole thing. The system works great, one month after it was running our power bill with Duke went to $0! Even in the summer when it's usually really high, honestly we were kinda skeptical but it's worked as promised. We're in NC and mainly worked with Brendan, he explained everything clearly and has been very responsive whenever we had questions.... read more
Shi Zhengrong has said that, as of 2012, unsubsidised solar power is already competitive with fossil fuels in India, Hawaii, Italy and Spain. He said "We are at a tipping point. No longer are renewable power sources like solar and wind a luxury of the rich. They are now starting to compete in the real world without subsidies". "Solar power will be able to compete without subsidies against conventional power sources in half the world by 2015".