In a twist that has some Republicans in this oil- and gas-rich state whistling Dixie, Ross is now friends with Al Gore, who featured Ross in An Inconvenient Sequel, the 2017 follow-up to An Inconvenient Truth, his Oscar-winning documentary about global warming. “We bonded right away,” Ross recalls. “I said, ‘Mr. Vice President, we’ve got a lot in common. You invented the internet. I invented green energy.’” Trained as an accountant, Ross still works as one—being mayor of Georgetown is a part-time job—and there’s no mistaking his zeal for the other kind of green. When conservatives complain about his energy politics, he is quick to remind them that the city has the lowest effective tax rate in Central Texas.
Hydro-electricity and geothermal electricity produced at favourable sites are now the cheapest way to generate electricity. Renewable energy costs continue to drop, and the levelised cost of electricity (LCOE) is declining for wind power, solar photovoltaic (PV), concentrated solar power (CSP) and some biomass technologies. Renewable energy is also the most economic solution for new grid-connected capacity in areas with good resources. As the cost of renewable power falls, the scope of economically viable applications increases. Renewable technologies are now often the most economic solution for new generating capacity. Where "oil-fired generation is the predominant power generation source (e.g. on islands, off-grid and in some countries) a lower-cost renewable solution almost always exists today". A series of studies by the US National Renewable Energy Laboratory modeled the "grid in the Western US under a number of different scenarios where intermittent renewables accounted for 33 percent of the total power." In the models, inefficiencies in cycling the fossil fuel plants to compensate for the variation in solar and wind energy resulted in an additional cost of "between $0.47 and $1.28 to each MegaWatt hour generated"; however, the savings in the cost of the fuels saved "adds up to $7 billion, meaning the added costs are, at most, two percent of the savings."
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.
Moving towards energy sustainability will require changes not only in the way energy is supplied, but in the way it is used, and reducing the amount of energy required to deliver various goods or services is essential. Opportunities for improvement on the demand side of the energy equation are as rich and diverse as those on the supply side, and often offer significant economic benefits.
A few localities have exploited the attention-getting nature of wind turbines by placing them on public display, either with visitor centers around their bases, or with viewing areas farther away. The wind turbines are generally of conventional horizontal-axis, three-bladed design, and generate power to feed electrical grids, but they also serve the unconventional roles of technology demonstration, public relations, and education.
Solar and wind are Intermittent energy sources that supply electricity 10-40% of the time. To compensate for this characteristic, it is common to pair their production with already existing hydroelectricity or natural gas generation. In regions where this isn't available, wind and solar can be paired with significantly more expensive pumped-storage hydroelectricity.
Photovoltaics were initially solely used as a source of electricity for small and medium-sized applications, from the calculator powered by a single solar cell to remote homes powered by an off-grid rooftop PV system. Commercial concentrated solar power plants were first developed in the 1980s. The 392 MW Ivanpah installation is the largest concentrating solar power plant in the world, located in the Mojave Desert of California.