Because one obstacle to adopting wind and solar power is reliability—what happens on calm, cloudy days?—recent improvements in energy-storage technology, a.k.a. batteries, are helping accelerate adoption of renewables. Last May, for example, Tucson Electric Power signed a deal for solar energy with storage, which can mitigate (if not entirely resolve) concerns about how to provide power on gray days. The storage upped the energy cost by $15 per megawatt hour. By the end of the year, the Public Service Company of Colorado had been quoted a storage fee that increased the cost of a megawatt hour by only $3 to $7, a drop of more than 50 percent. In a landmark achievement, Tesla installed the world’s largest lithium-ion battery in South Australia last December, to store wind-generated power. But by then Hyundai Electric was at work in the South Korean metropolis of Ulsan on a battery that was 50 percent bigger.

U.S. President Barack Obama's American Recovery and Reinvestment Act of 2009 includes more than $70 billion in direct spending and tax credits for clean energy and associated transportation programs. Leading renewable energy companies include First Solar, Gamesa, GE Energy, Hanwha Q Cells, Sharp Solar, Siemens, SunOpta, Suntech Power, and Vestas.[142]
“If the U.S. continues this kind of thing, I’m afraid the credibility of the number one leader country of the world may be in serious question,” Mr. Ban said. “We must have a global vision. It’s not the American economy. If the world economy is shaken by climate consequences do you think the American economy will be able to survive? We all sink together.”

The political purpose of incentive policies for PV is to facilitate an initial small-scale deployment to begin to grow the industry, even where the cost of PV is significantly above grid parity, to allow the industry to achieve the economies of scale necessary to reach grid parity. The policies are implemented to promote national energy independence, high tech job creation and reduction of CO2 emissions. Three incentive mechanisms are often used in combination as investment subsidies: the authorities refund part of the cost of installation of the system, the electricity utility buys PV electricity from the producer under a multiyear contract at a guaranteed rate, and Solar Renewable Energy Certificates (SRECs)
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.
Reliance on rare earth minerals for components has risked expense and price volatility as China has been main producer of rare earth minerals (96% in 2009) and had been reducing its export quotas of these materials.[56] In recent years, however, other producers have increased production of rare earth minerals and China has removed its reduced export quota on rare earths leading to an increased supply and decreased cost of rare earth minerals, increasing the viability of the implementation of variable speed generators in wind turbines on a large scale.[57]
Biomass can be converted to other usable forms of energy such as methane gas or transportation fuels such as ethanol and biodiesel. Rotting garbage, and agricultural and human waste, all release methane gas – also called landfill gas or biogas. Crops, such as corn and sugarcane, can be fermented to produce the transportation fuel, ethanol. Biodiesel, another transportation fuel, can be produced from left-over food products such as vegetable oils and animal fats.[69] Also, biomass to liquids (BTLs) and cellulosic ethanol are still under research.[70][71] There is a great deal of research involving algal fuel or algae-derived biomass due to the fact that it's a non-food resource and can be produced at rates 5 to 10 times those of other types of land-based agriculture, such as corn and soy. Once harvested, it can be fermented to produce biofuels such as ethanol, butanol, and methane, as well as biodiesel and hydrogen. The biomass used for electricity generation varies by region. Forest by-products, such as wood residues, are common in the United States. Agricultural waste is common in Mauritius (sugar cane residue) and Southeast Asia (rice husks). Animal husbandry residues, such as poultry litter, are common in the United Kingdom.[72]
Renewable energy (and energy efficiency) are no longer niche sectors that are promoted only by governments and environmentalists. The increased levels of investment and the fact that much of the capital is coming from more conventional financial actors suggest that sustainable energy options are now becoming mainstream.[63] An example of this would be The Alliance to Save Energy's Project with Stahl Consolidated Manufacturing, (Huntsville, Alabama, USA) (StahlCon 7), a patented generator shaft designed to reduce emissions within existing power generating systems, granted publishing rights to the Alliance in 2007.
Markets for second-generation technologies are strong and growing, but only in a few countries. The challenge is to broaden the market base for continued growth worldwide. Strategic deployment in one country not only reduces technology costs for users there, but also for those in other countries, contributing to overall cost reductions and performance improvement.
“Hurricane-Broken Air Power Base Has an Alternative to Rebuild for Resilience” • Rebuilding the hurricane-wrecked Tyndall Air Force Base in Florida will come with a massive price tag, but experts say it offers a chance to make the base more resilient to the effects of extreme weather. Hurricane Michael hit Tyndall as a Category 4 storm. [Infosurhoy]
Concentrator photovoltaics (CPV) systems employ sunlight concentrated onto photovoltaic surfaces for the purpose of electrical power production. Contrary to conventional photovoltaic systems, it uses lenses and curved mirrors to focus sunlight onto small, but highly efficient, multi-junction solar cells. Solar concentrators of all varieties may be used, and these are often mounted on a solar tracker in order to keep the focal point upon the cell as the sun moves across the sky.[147] Luminescent solar concentrators (when combined with a PV-solar cell) can also be regarded as a CPV system. Concentrated photovoltaics are useful as they can improve efficiency of PV-solar panels drastically.[148]
Wind-generated electricity met nearly 4% of global electricity demand in 2015, with nearly 63 GW of new wind power capacity installed. Wind energy was the leading source of new capacity in Europe, the US and Canada, and the second largest in China. In Denmark, wind energy met more than 40% of its electricity demand while Ireland, Portugal and Spain each met nearly 20%.
You have read this far, and still want to install a wind turbine? Then it is time for a reality check: Most (some would say all) installed small wind turbines do abysmally poor in comparison with their energy production numbers as calculated above. That is the message from a number of studies, usually on behalf of governments that subsidize wind turbines. Do not just take our word for this, read it for yourself:
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
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!
Which is to say that Ross and his co-workers had options. And the city was free to take advantage of them because of a rather unusual arrangement: Georgetown itself owns the utility company that serves the city. So officials there, unlike those in most cities, were free to negotiate with suppliers. When they learned that rates for wind power could be guaranteed for 20 years and solar for 25 years, but natural gas for only seven years, the choice, Ross says, was a “no-brainer.”
Ross, something of a libertarian at heart, entered politics because he was ticked off that the municipal code prohibited him from paving the driveway to his historic home entirely in period-appropriate brick. (The code required some concrete.) He joined the city council in 2008 and was elected to his first term as mayor in 2014. He often likens the city to “Mayberry R.F.D.,” and it does have a town square with a courthouse, a coffee shop where you’re bound to run into people you know and a swimming hole. But it also has Southwestern University, and in 2010 university officials, following a student initiative, told the city council they wanted their electricity to come from renewable sources. The city had already set a goal of getting 30 percent of its power that way, but now, Ross and his colleagues saw their opportunity.
In conclusion, I would say that however great the scientific importance of this discovery may be, its practical value will be no less obvious when we reflect that the supply of solar energy is both without limit and without cost, and that it will continue to pour down upon us for countless ages after all the coal deposits of the earth have been exhausted and forgotten.[36]
This discussion is mainly about factory-made grid-tie wind turbines. The off-grid crowd has an entirely different set of decisions and goals. The main ones are that for off-grid use economic viability in comparison with the electrical grid is not an issue, and a wind turbine can make up for the loss of sunlight (and PV electricity) in the winter months. For the DIY group there are several good turbine designs available; Hugh Piggott and the two Dans have written books that outline this step-by-step. Building your own turbine can be a great hobby, and some of the topics touched below apply (such as proper site selection), but this discussion is not about those. The decisions involved in making your own turbine, and the cost basis, have little overlap with a the process of having an installer put a factory-made turbine in your backyard.

Rocky considers himself an "extreme DIYer". He's never worked in construction, but he built his house, garage, and workshop. He didn't know anything about solar or DC wiring/properties, but the huge cost savings inspired him to take on the challenge and learn what he needed to know. Our solar experts helped bridge the gaps in his knowlege and supported him through a successful install.

Grid parity, the point at which the cost of photovoltaic electricity is equal to or cheaper than the price of grid power, is more easily achieved in areas with abundant sun and high costs for electricity such as in California and Japan.[80] In 2008, The levelized cost of electricity for solar PV was $0.25/kWh or less in most of the OECD countries. By late 2011, the fully loaded cost was predicted to fall below $0.15/kWh for most of the OECD and to reach $0.10/kWh in sunnier regions. These cost levels are driving three emerging trends: vertical integration of the supply chain, origination of power purchase agreements (PPAs) by solar power companies, and unexpected risk for traditional power generation companies, grid operators and wind turbine manufacturers.[81][dead link]

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Heat pumps and Thermal energy storage are classes of technologies that can enable the utilization of renewable energy sources that would otherwise be inaccessible due to a temperature that is too low for utilization or a time lag between when the energy is available and when it is needed. While enhancing the temperature of available renewable thermal energy, heat pumps have the additional property of leveraging electrical power (or in some cases mechanical or thermal power) by using it to extract additional energy from a low quality source (such as seawater, lake water, the ground, the air, or waste heat from a process).
The use of a gearbox allows for better matching of the generator speed to that of the turbine but the disadvantage of using a gearbox is that as a mechanical component it is subjected to wear and tear reducing the efficiency of the system. Direct drive however may be more simple and efficient, but the generators rotor shaft and bearings are subjected to the full weight and rotational force of the rotor blades.
The most common type of residential solar is called solar PV. The PV stands for “photovoltaic,” and a solar PV system is a electrical system that consists of solar panels, an inverter, a meter, and a few other components (mounting, cabling, etc.). A solar PV system requires little to no maintenance for years, and if you’re in a place with the right amount of sunlight, you can end up saving money, while also going green.
In 2015, Ross wrote an op-ed for Time magazine about his city’s planned transition to renewables. “A town in the middle of a state that recently sported oil derricks on its license plates may not be where you’d expect to see leaders move to clean solar and wind generation,” he wrote. Lest readers get the wrong idea, he felt compelled to explain: “No, environmental zealots have not taken over City Council.”
There is no energy in the wind at those wind speeds, nothing to harvest for the turbine. While it may make you feel good to see your expensive yard toy spin, it is not doing anything meaningful in a breeze like that: To give you some idea, a wind turbine with a diameter of 6 meters (pretty large as small wind turbines go) can realistically produce just 120 Watt at 3.5 m/s wind speed. That same turbine would be rated at 6 kW (or more, see the next section), so energy production at cut-in really is just a drop in the bucket. What is more, due to the way grid-tie inverters work, you are about as likely to be loosing energy around cut-in wind speed to keep the inverter powered, as you are in making any energy, resulting in a net-loss of electricity production.
Globally, the long-term technical potential of wind energy is believed to be five times total current global energy production, or 40 times current electricity demand, assuming all practical barriers needed were overcome. This would require wind turbines to be installed over large areas, particularly in areas of higher wind resources, such as offshore. As offshore wind speeds average ~90% greater than that of land, so offshore resources can contribute substantially more energy than land stationed turbines.[44] In 2014 global wind generation was 706 terawatt-hours or 3% of the worlds total electricity.[45]
“If the U.S. continues this kind of thing, I’m afraid the credibility of the number one leader country of the world may be in serious question,” Mr. Ban said. “We must have a global vision. It’s not the American economy. If the world economy is shaken by climate consequences do you think the American economy will be able to survive? We all sink together.”
America is embracing renewables, slowly. In 2016, Massachusetts passed a law promoting a huge investment in wind and hydropower; the first megawatt is expected to hit the grid in 2020. Early this year New York State announced plans to spend 12 years building the infrastructure for a $6 billion offshore wind power industry. Hawaii has pledged to be powered entirely by renewable energy—in 2045. Atlanta’s goal is 2035 and San Francisco’s is 2030. Typically, plans to convert to sustainable energy stretch on for decades.
When a turbine is mounted on a rooftop the building generally redirects wind over the roof and this can double the wind speed at the turbine. If the height of a rooftop mounted turbine tower is approximately 50% of the building height it is near the optimum for maximum wind energy and minimum wind turbulence. While wind speeds within the built environment are generally much lower than at exposed rural sites,[29][30] noise may be a concern and an existing structure may not adequately resist the additional stress.

Jump up ^ Faunce, T. A.; Lubitz, W.; Rutherford, A. W. (Bill); MacFarlane, D.; Moore, G. F.; Yang, P.; Nocera, D. G; Moore, Tom A; Gregory, Duncan H; Fukuzumi, Shunichi; Yoon, Kyung B.; Armstrong, F. A.; Wasielewski, M. R.; Styring, S. (2013), "Energy and environment policy case for a global project on artificial photosynthesis", Energy & Environmental Science, 6 (3): 695–698, doi:10.1039/C3EE00063J, archived from the original on 16 August 2013

By now you are probably thinking “why would these guys tell me the truth? They sell small wind turbines!”. Yup, guilty as charged. We also want happy customers, and the two are not reconcilable unless we are upfront with you, our customer. Truth is, wind turbine sales are a tiny part of our revenue, and while we would regret losing you, we will still be able to put food on our kids’ plates.
As the primary source of biofuel in North America, many organizations are conducting research in the area of ethanol production. On the Federal level, the USDA conducts a large amount of research regarding ethanol production in the United States. Much of this research is targeted towards the effect of ethanol production on domestic food markets.[105] The National Renewable Energy Laboratory has conducted various ethanol research projects, mainly in the area of cellulosic ethanol.[106] Cellulosic ethanol has many benefits over traditional corn based-ethanol. It does not take away or directly conflict with the food supply because it is produced from wood, grasses, or non-edible parts of plants.[107] Moreover, some studies have shown cellulosic ethanol to be more cost effective and economically sustainable than corn-based ethanol.[108] Even if we used all the corn crop that we have in the United States and converted it into ethanol it would only produce enough fuel to serve 13 percent of the United States total gasoline consumption.[109] Sandia National Laboratories conducts in-house cellulosic ethanol research[110] and is also a member of the Joint BioEnergy Institute (JBEI), a research institute founded by the United States Department of Energy with the goal of developing cellulosic biofuels.[111]
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.[25] 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."[26]
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.

The first words of everyone calling us are “the wind is blowing here all the time”. People consistently overestimate how windy their place actually is. They forget about all the times the wind does not blow, and only remember the windy days. Such is human nature. Before even considering a small wind turbine you need to have a good idea of the annual average wind speed for your site. The gold standard is to install a data-logging anemometer (wind meter) at the same height and location as the proposed wind turbine, and let it run for 3 to 5 years. Truth is that it is usually much too expensive to do for small wind turbines, and while logging for 1 year could give you some idea and is the absolute minimum for worthwhile wind information, it is too short to be very reliable. For most of us, the more economical way to find out about the local average wind speed is by looking at a wind atlas, meteorological data, airport information and possibly the local vegetation (for windy spots the trees take on interesting shapes).

Construction of the Salt Tanks which provide efficient thermal energy storage[103] so that output can be provided after the sun goes down, and output can be scheduled to meet demand requirements.[104] The 280 MW Solana Generating Station is designed to provide six hours of energy storage. This allows the plant to generate about 38 percent of its rated capacity over the course of a year.[105]

If you can turn a wrench and operate an electric drill, you can build this simple generator in two days: one day for chasing down parts, and one day for assembling the components. The four major components include a vehicle alternator with a built-in voltage regulator, a General Motors (GM) fan and clutch assembly (I used one from a 1988 GM 350 motor), a tower or pole on which to mount the generator (15 feet of used 2-inch tubing cost me $20), and the metal to build a bracket for mounting the generator on the tower or pole. If you’re a Ford guy or a Mopar gal, that’s fine — just make sure your alternator has a built-in voltage regulator. You’ll also need some electrical cable or wires to hook the alternator up to your storage batteries. I used 8-gauge, 3-conductor cable pilfered from the oil patch. (And they said the transition from fossil fuels to renewables would take years. Pfft!)

Cleaner air and water: Burning fossil fuels releases greenhouse gases (GHG) into the atmosphere. GHG contribute to global climate change, rising sea levels and unpredictable weather patterns that can be costly in terms of human and economic losses. Burning fossil fuels also releases contaminants in to the air and water near the power generation source. Alternative energy sources can produce the same electricity in a greener way. You can shrink your carbon footprint, help curb climate change and reduce air and water pollution when you choose renewable electricity.
Champion Energy is able to provide green power through the purchase of an environmental trading commodity known as a renewable energy credit (REC). RECs are created when a qualified renewable energy generation facility (like a wind farm or solar array) produces electricity. They represent the added value in terms of renewable energy’s environmental benefits and costs when compared to conventional means of producing power. We buy RECs from wind farms contributing electricity to your local grid, then ‘retire’ those RECs in direct proportion to the amount of energy you consume. In this way, you can be confident that every kWh you use is helping to promote and support the continued development of green energy infrastructure in your area.

Green Energy Corp’s GreenBus® software interoperability platform enables the adoption of evolving Smart Grid technologies and integration with legacy power and communications infrastructures. Microgrid developers can now design and implement an architecture that supports advanced technology adoption over time, while realizing the business benefits incrementally.
The generator, which is approximately 34% of the wind turbine cost, includes the electrical generator,[38][39] the control electronics, and most likely a gear box (e.g. planetary gear box),[40] adjustable-speed drive or continuously variable transmission[41] component for converting the low-speed incoming rotation to high-speed rotation suitable for generating electricity.
The conversion of the rotational mechanical power generated by the rotor blades (known as the prime mover) into useful electrical power for use in domestic power and lighting applications or to charge batteries can be accomplished by any one of the following major types of rotational electrical machines commonly used in a wind power generating systems:
At an average cost to the end user of five cents per kilowatt hour, Juarez estimates Nemoi owners get a full return on their investment as soon as two years into ownership—if they received a rebate and they live in a windy area—or seven years at the longest, for no rebate and low-wind areas. He estimated the cost of installing solar panels for equivalent energy generation to be around $20,000.
“Five New State Governors Aim for 100% Renewables” • Five governors-elect in Colorado, Illinois, Nevada, Connecticut, and Maine, states with a combined population of 26 million, put forth campaign goals of 100% renewable electricity. Currently, only California and Hawaii have a deadline to move to 100% zero-carbon electricity. [pv magazine International]
Other renewable energy technologies are still under development, and include cellulosic ethanol, hot-dry-rock geothermal power, and marine energy.[156] These technologies are not yet widely demonstrated or have limited commercialization. Many are on the horizon and may have potential comparable to other renewable energy technologies, but still depend on attracting sufficient attention and research, development and demonstration (RD&D) funding.[156]
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.
“If the U.S. continues this kind of thing, I’m afraid the credibility of the number one leader country of the world may be in serious question,” Mr. Ban said. “We must have a global vision. It’s not the American economy. If the world economy is shaken by climate consequences do you think the American economy will be able to survive? We all sink together.”
Vertical-axis wind turbines (or VAWTs) have the main rotor shaft arranged vertically. One advantage of this arrangement is that the turbine does not need to be pointed into the wind to be effective, which is an advantage on a site where the wind direction is highly variable. It is also an advantage when the turbine is integrated into a building because it is inherently less steerable. Also, the generator and gearbox can be placed near the ground, using a direct drive from the rotor assembly to the ground-based gearbox, improving accessibility for maintenance. However, these designs produce much less energy averaged over time, which is a major drawback.[24][27]
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.
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As of 2014, offshore wind power amounted to 8,771 megawatt of global installed capacity. Although offshore capacity doubled within three years (from 4,117 MW in 2011), it accounted for only 2.3% of the total wind power capacity. The United Kingdom is the undisputed leader of offshore power with half of the world's installed capacity ahead of Denmark, Germany, Belgium and China.

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Biomass briquettes are increasingly being used in the developing world as an alternative to charcoal. The technique involves the conversion of almost any plant matter into compressed briquettes that typically have about 70% the calorific value of charcoal. There are relatively few examples of large-scale briquette production. One exception is in North Kivu, in eastern Democratic Republic of Congo, where forest clearance for charcoal production is considered to be the biggest threat to mountain gorilla habitat. The staff of Virunga National Park have successfully trained and equipped over 3500 people to produce biomass briquettes, thereby replacing charcoal produced illegally inside the national park, and creating significant employment for people living in extreme poverty in conflict-affected areas.[18]
“Climate Change Helped Make California a Tinder Box for its Record-Setting Wildfires” • Camp Fire, which is devastating Sierra Nevada foothills, has become the most destructive wildfire in California’s history. By the evening of November 10, it had scorched 105,000 acres of land and killed 23 people, with more than 100 people still unaccounted for. [Quartz]
It is unfortunate to see how well marketing for small wind turbines is working: I often see people post questions on forums, where they are looking for a wind turbine “with a low cut-in wind speed”. Depending on whom you ask, the cut-in wind speed is either the wind speed where the turbine starts turning, or the wind speed where it starts to produce some power. For most wind turbines it is around 2.5 – 3.5 m/s (5.5 – 8 mph), and it is an utterly meaningless parameter.
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.[27]
Third-generation technologies are not yet widely demonstrated or commercialised. They are on the horizon and may have potential comparable to other renewable energy technologies, but still depend on attracting sufficient attention and RD&D funding. These newest technologies include advanced biomass gasification, biorefinery technologies, solar thermal power stations, hot dry rock geothermal energy and ocean energy.
Renewable energy resources exist over wide geographical areas, in contrast to other energy sources, which are concentrated in a limited number of countries. Rapid deployment of renewable energy and energy efficiency is resulting in significant energy security, climate change mitigation, and economic benefits.[8] The results of a recent review of the literature[9] concluded that as greenhouse gas (GHG) emitters begin to be held liable for damages resulting from GHG emissions resulting in climate change, a high value for liability mitigation would provide powerful incentives for deployment of renewable energy technologies. In international public opinion surveys there is strong support for promoting renewable sources such as solar power and wind power.[10] At the national level, at least 30 nations around the world already have renewable energy contributing more than 20 percent of energy supply. National renewable energy markets are projected to continue to grow strongly in the coming decade and beyond.[11] Some places and at least two countries, Iceland and Norway generate all their electricity using renewable energy already, and many other countries have the set a goal to reach 100% renewable energy in the future. For example, in Denmark the government decided to switch the total energy supply (electricity, mobility and heating/cooling) to 100% renewable energy by 2050.[12]
Most current solar power plants are made from an array of similar units where each unit is continuously adjusted, e.g., with some step motors, so that the light converter stays in focus of the sun light. The cost of focusing light on converters such as high-power solar panels, Stirling engine, etc. can be dramatically decreased with a simple and efficient rope mechanics.[55] In this technique many units are connected with a network of ropes so that pulling two or three ropes is sufficient to keep all light converters simultaneously in focus as the direction of the sun changes.
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.