Al Gore says the reason is innovation. “The cost-reduction curve that came to technologies like computers, smartphones and flat-panel televisions has come to solar energy, wind energy and battery storage,” he says. “I remember being startled decades ago when people first started to explain to me that the cost of computing was being cut in half every 18 to 24 months. And now this dramatic economic change has begun to utterly transform the electricity markets.”
The Solar updraft tower is a renewable-energy power plant for generating electricity from low temperature solar heat. Sunshine heats the air beneath a very wide greenhouse-like roofed collector structure surrounding the central base of a very tall chimney tower. The resulting convection causes a hot air updraft in the tower by the chimney effect. This airflow drives wind turbines placed in the chimney updraft or around the chimney base to produce electricity. Plans for scaled-up versions of demonstration models will allow significant power generation, and may allow development of other applications, such as water extraction or distillation, and agriculture or horticulture. A more advanced version of a similarly themed technology is the Vortex engine which aims to replace large physical chimneys with a vortex of air created by a shorter, less-expensive structure.
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."
Subsequently, Spain, Italy, Greece—that enjoyed an early success with domestic solar-thermal installations for hot water needs—and France introduced feed-in tariffs. None have replicated the programmed decrease of FIT in new contracts though, making the German incentive relatively less and less attractive compared to other countries. The French and Greek FIT offer a high premium (EUR 0.55/kWh) for building integrated systems. California, Greece, France and Italy have 30–50% more insolation than Germany making them financially more attractive. The Greek domestic "solar roof" programme (adopted in June 2009 for installations up to 10 kW) has internal rates of return of 10–15% at current commercial installation costs, which, furthermore, is tax free.
The Desert Sunlight Solar Farm is a 550 MW power plant in Riverside County, California, that uses thin-film CdTe-modules made by First Solar. As of November 2014, the 550 megawatt Topaz Solar Farm was the largest photovoltaic power plant in the world. This was surpassed by the 579 MW Solar Star complex. The current largest photovoltaic power station in the world is Longyangxia Dam Solar Park, in Gonghe County, Qinghai, China.
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.
Wind turbines need wind to produce energy. That message seems lost, not only on most small wind turbine owners, but also on many manufacturers and installers of said devices. One of the world’s largest manufacturers of small wind turbines, located in the USA (now bankrupt by the way, though their turbines are still sold), markets their flag-ship machine with a 12 meter (36 feet) tower. Their dealers are trained to tell you it will produce 60% of your electricity bill. If you are one of those that is convinced the earth is flat, this is the turbine for you!
The journal also welcomes papers on other related topics provided that such topics are within the context of the broader multi-disciplinary scope of Renewable Energy. It should be noted, however, that papers are within scope only if they are concerned with power generation and that the power is generated in a renewable or sustainable way. For instance, a paper concerning development and characterisation of a material for use in a renewable energy system, without any measure of the energy that this new material will convert, would be out of scope.
Usually however, renewable energy is derived from the mains electricity grid. This means that energy storage is mostly not used, as the mains electricity grid is organised to produce the exact amount of energy being consumed at that particular moment. Energy production on the mains electricity grid is always set up as a combination of (large-scale) renewable energy plants, as well as other power plants as fossil-fuel power plants and nuclear power. This combination however, which is essential for this type of energy supply (as e.g. wind turbines, solar power plants etc.) can only produce when the wind blows and the sun shines. This is also one of the main drawbacks of the system as fossil fuel powerplants are polluting and are a main cause of global warming (nuclear power being an exception). Although fossil fuel power plants too can be made emissionless (through carbon capture and storage), as well as renewable (if the plants are converted to e.g. biomass) the best solution is still to phase out the latter power plants over time. Nuclear power plants too can be more or less eliminated from their problem of nuclear waste through the use of nuclear reprocessing and newer plants as fast breeder and nuclear fusion plants.
There are different types of inverters for solar use (string, central, micro). If you’re hoping to install the solar PV system yourself, selecting the best inverter will require serious research and careful planning. If you work through a professional solar installer, on the other hand, the company should help take care of inverter selection for you.
Most PV cells are used by homes and small businesses. PV cells are expensive, they require a lot of room and the electricity produced is reliant on lots of sunshine, so they are not practical to use for large industry at this stage. Until technology improves, users must weigh up the benefits of an environmentally friendly power source over the cost.
By 2040, renewable energy is projected to equal coal and natural gas electricity generation. Several jurisdictions, including Denmark, Germany, the state of South Australia and some US states have achieved high integration of variable renewables. For example, in 2015 wind power met 42% of electricity demand in Denmark, 23.2% in Portugal and 15.5% in Uruguay. Interconnectors enable countries to balance electricity systems by allowing the import and export of renewable energy. Innovative hybrid systems have emerged between countries and regions.
Several groups in various sectors are conducting research on Jatropha curcas, a poisonous shrub-like tree that produces seeds considered by many to be a viable source of biofuels feedstock oil. Much of this research focuses on improving the overall per acre oil yield of Jatropha through advancements in genetics, soil science, and horticultural practices. SG Biofuels, a San Diego-based Jatropha developer, has used molecular breeding and biotechnology to produce elite hybrid seeds of Jatropha that show significant yield improvements over first generation varieties. The Center for Sustainable Energy Farming (CfSEF) is a Los Angeles-based non-profit research organization dedicated to Jatropha research in the areas of plant science, agronomy, and horticulture. Successful exploration of these disciplines is projected to increase Jatropha farm production yields by 200-300% in the next ten years.
A solar power tower uses an array of tracking reflectors (heliostats) to concentrate light on a central receiver atop a tower. Power towers can achieve higher (thermal-to-electricity conversion) efficiency than linear tracking CSP schemes and better energy storage capability than dish stirling technologies. The PS10 Solar Power Plant and PS20 solar power plant are examples of this technology.