In cases of self consumption of the solar energy, the payback time is calculated based on how much electricity is not purchased from the grid. For example, in Germany, with electricity prices of 0.25 €/kWh and insolation of 900 kWh/kW, one kWp will save €225 per year, and with an installation cost of 1700 €/KWp the system cost will be returned in less than seven years. However, in many cases, the patterns of generation and consumption do not coincide, and some or all of the energy is fed back into the grid. The electricity is sold, and at other times when energy is taken from the grid, electricity is bought. The relative costs and prices obtained affect the economics. In many markets, the price paid for sold PV electricity is significantly lower than the price of bought electricity, which incentivizes self consumption. Moreover, separate self consumption incentives have been used in e.g. Germany and Italy. Grid interaction regulation has also included limitations of grid feed-in in some regions in Germany with high amounts of installed PV capacity. By increasing self consumption, the grid feed-in can be limited without curtailment, which wastes electricity.
While the material cost is significantly higher for all-glass fiber blades than for hybrid glass/carbon fiber blades, there is a potential for tremendous savings in manufacturing costs when labor price is considered. Utilizing carbon fiber enables for simpler designs that use less raw material. The chief manufacturing process in blade fabrication is the layering of plies. By reducing the number of layers of plies, as is enabled by thinner blade design, the cost of labor may be decreased, and in some cases, equate to the cost of labor for glass fiber blades.
Dale Ross, the mayor of Georgetown, Texas, has a big smile, a big handshake and a big personality. In last year’s election, he won big, with 72 percent of the vote. The key to his success? “Without being too self-reflective,” he says, “I just like people.” He’s a Republican, and his priorities are party staples: go light on regulation, be tough on crime, keep taxes low. But the thing that is winning him international renown is straight out of the liberal playbook—green power. Thanks to his (big) advocacy, Georgetown (pop. 67,000) last year became the largest city in the United States to be powered entirely by renewable energy.
This solar resource map provides a summary of the estimated solar energy available for power generation and other energy applications. It represents the average daily/yearly sum of electricity production from a 1 kW-peak grid-connected solar PV power plant covering the period from 1994/1999/2007 (depending on the geographical region) to 2015. Source: Global Solar Atlas]