Although many older thermoelectric power plants with once-through cooling or cooling ponds use more water than CSP, meaning that more water passes through their systems, most of the cooling water returns to the water body available for other uses, and they consume less water by evaporation. For instance, the median coal power plant in the US with once-through cooling uses 36,350 gal/MWhr, but only 250 gal/MWhr (less than one percent) is lost through evaporation. Since the 1970s, the majority of US power plants have used recirculating systems such as cooling towers rather than once-through systems.
There is more trouble with rated power: It only happens at a “rated wind speed”. And the trouble with that is there is no standard for rated wind speed. Since the energy in the wind increases with the cube of the wind speed, it makes a very large difference if rated power is measured at 10 m/s (22 mph), or 12 m/s (27 mph). For example, that 6 meter wind turbine from the previous section could reasonably be expected to produce 5.2 kW at 10 m/s, while it will do 9 kW at 12 m/s!
In its 2014 edition of the Technology Roadmap: Solar Photovoltaic Energy report, the International Energy Agency (IEA) published prices for residential, commercial and utility-scale PV systems for eight major markets as of 2013 (see table below). However, DOE's SunShot Initiative has reported much lower U.S. installation prices. In 2014, prices continued to decline. The SunShot Initiative modeled U.S. system prices to be in the range of $1.80 to $3.29 per watt. Other sources identify similar price ranges of $1.70 to $3.50 for the different market segments in the U.S., and in the highly penetrated German market, prices for residential and small commercial rooftop systems of up to 100 kW declined to $1.36 per watt (€1.24/W) by the end of 2014. In 2015, Deutsche Bank estimated costs for small residential rooftop systems in the U.S. around $2.90 per watt. Costs for utility-scale systems in China and India were estimated as low as $1.00 per watt.
In the United States, one of the main problems with purchasing green energy through the electrical grid is the current centralized infrastructure that supplies the consumer’s electricity. This infrastructure has led to increasingly frequent brown outs and black outs, high CO2 emissions, higher energy costs, and power quality issues. An additional $450 billion will be invested to expand this fledgling system over the next 20 years to meet increasing demand. In addition, this centralized system is now being further overtaxed with the incorporation of renewable energies such as wind, solar, and geothermal energies. Renewable resources, due to the amount of space they require, are often located in remote areas where there is a lower energy demand. The current infrastructure would make transporting this energy to high demand areas, such as urban centers, highly inefficient and in some cases impossible. In addition, despite the amount of renewable energy produced or the economic viability of such technologies only about 20 percent will be able to be incorporated into the grid. To have a more sustainable energy profile, the United States must move towards implementing changes to the electrical grid that will accommodate a mixed-fuel economy.
The PV industry is beginning to adopt levelized cost of electricity (LCOE) as the unit of cost. The electrical energy generated is sold in units of kilowatt-hours (kWh). As a rule of thumb, and depending on the local insolation, 1 watt-peak of installed solar PV capacity generates about 1 to 2 kWh of electricity per year. This corresponds to a capacity factor of around 10–20%. The product of the local cost of electricity and the insolation determines the break even point for solar power. The International Conference on Solar Photovoltaic Investments, organized by EPIA, has estimated that PV systems will pay back their investors in 8 to 12 years. As a result, since 2006 it has been economical for investors to install photovoltaics for free in return for a long term power purchase agreement. Fifty percent of commercial systems in the United States were installed in this manner in 2007 and over 90% by 2009.
By participating in a green energy program a consumer may be having an effect on the energy sources used and ultimately might be helping to promote and expand the use of green energy. They are also making a statement to policy makers that they are willing to pay a price premium to support renewable energy. Green energy consumers either obligate the utility companies to increase the amount of green energy that they purchase from the pool (so decreasing the amount of non-green energy they purchase), or directly fund the green energy through a green power provider. If insufficient green energy sources are available, the utility must develop new ones or contract with a third party energy supplier to provide green energy, causing more to be built. However, there is no way the consumer can check whether or not the electricity bought is "green" or otherwise.
“New Wind May Be Cheaper than Old, Reliable Coal” • Wind farms have cost less to build and operate than coal-fired power plants for some time. The trend of lower costs for renewables has crossed a threshold: it is sometimes cheaper to build a brand new wind facility than keep an old coal plant burning, according to Lazard Ltd. [Casper Star-Tribune Online]
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.
2010 was a record year for green energy investments. According to a report from Bloomberg New Energy Finance, nearly US $243 billion was invested in wind farms, solar power, electric cars, and other alternative technologies worldwide, representing a 30 percent increase from 2009 and nearly five times the money invested in 2004. China had $51.1 billion investment in clean energy projects in 2010, by far the largest figure for any country.
Renewable energy and energy efficiency are sometimes said to be the "twin pillars" of sustainable energy policy. Both resources must be developed in order to stabilize and reduce carbon dioxide emissions. Efficiency slows down energy demand growth so that rising clean energy supplies can make deep cuts in fossil fuel use. If energy use grows too fast, renewable energy development will chase a receding target. A recent historical analysis has demonstrated that the rate of energy efficiency improvements has generally been outpaced by the rate of growth in energy demand, which is due to continuing economic and population growth. As a result, despite energy efficiency gains, total energy use and related carbon emissions have continued to increase. Thus, given the thermodynamic and practical limits of energy efficiency improvements, slowing the growth in energy demand is essential. However, unless clean energy supplies come online rapidly, slowing demand growth will only begin to reduce total emissions; reducing the carbon content of energy sources is also needed. Any serious vision of a sustainable energy economy thus requires commitments to both renewables and efficiency.
Solar thermal power stations have been successfully operating in California commercially since the late 1980s, including the largest solar power plant of any kind, the 350 MW Solar Energy Generating Systems. Nevada Solar One is another 64MW plant which has recently opened. Other parabolic trough power plants being proposed are two 50MW plants in Spain, and a 100MW plant in Israel.
“California Looks to Stationary Energy Storage as a Solution to Peaker Plants” • Central California electric utility Pacific Gas & Electric is planning to replace three old natural gas power plants in its network with stationary energy storage installations from Tesla. California is looking to add 1.3 GW of storage to its power grid by 2020. [CleanTechnica]
Second-generation technologies include solar heating and cooling, wind power, modern forms of bioenergy and solar photovoltaics. These are now entering markets as a result of research, development and demonstration (RD&D) investments since the 1980s. The initial investment was prompted by energy security concerns linked to the oil crises (1973 and 1979) of the 1970s but the continuing appeal of these renewables is due, at least in part, to environmental benefits. Many of the technologies reflect significant advancements in materials.
A turbine that produces around 5 kW worth of energy can produce approximately 8,000 kWh per year, assuming there are decent winds to power it. Given ideal conditions, you will be able to recoup your investment in three to five years, depending on your monthly energy consumption and other related factors. If, however, your property doesn’t get enough wind then it may take a little more time to recover your initial investment.
A Darrieus type vertical axis wind turbine (the egg-beater type) can in theory work almost as good as a horizontal axis turbine. Actual measurement of one of the better designs out there, the UGE VisionAir5, does not bear that out though: It measures in at a pitiful 11% efficiency at 11 m/s wind speed, while a Bergey Excel-6 HAWT clocks in at 22% efficiency for that same wind speed, twice as much. You can read about it in Paul Gipe’s article. Besides efficiency issues, a Darrieus VAWT unfortunately has a number of inherent issues that put them at a disadvantage: Since they are usually tall and relatively narrow structures the bending forces on their main bearing (at the bottom) are very large. There are similar issues with the forces on the blades. This means that to make a reliable vertical axis turbine takes more material, and more expensive materials, in comparison to a horizontal type turbine. For comparison, that same UGE VisionAir5 weighs 756 kg vs. the Bergey Excel-6 at 350 kg. Keep in mind that the UGE turbine only sweeps about half the area of the Bergey, the latter is a much larger turbine! This makes VAWTs inherently more expensive, or less reliable, or both.
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".
Smart grid refers to a class of technology people are using to bring utility electricity delivery systems into the 21st century, using computer-based remote control and automation. These systems are made possible by two-way communication technology and computer processing that has been used for decades in other industries. They are beginning to be used on electricity networks, from the power plants and wind farms all the way to the consumers of electricity in homes and businesses. They offer many benefits to utilities and consumers—mostly seen in big improvements in energy efficiency on the electricity grid and in the energy users’ homes and offices.
Most horizontal axis turbines have their rotors upwind of its supporting tower. Downwind machines have been built, because they don't need an additional mechanism for keeping them in line with the wind. In high winds, the blades can also be allowed to bend which reduces their swept area and thus their wind resistance. Despite these advantages, upwind designs are preferred, because the change in loading from the wind as each blade passes behind the supporting tower can cause damage to the turbine.
From 1978 to 1996, the National Renewable Energy Laboratory experimented with producing algae fuel in the "Aquatic Species Program." A self-published article by Michael Briggs, at the University of New Hampshire Biofuels Group, offers estimates for the realistic replacement of all motor vehicle fuel with biofuels by utilizing algae that have a natural oil content greater than 50%, which Briggs suggests can be grown on algae ponds at wastewater treatment plants. This oil-rich algae can then be extracted from the system and processed into biofuels, with the dried remainder further reprocessed to create ethanol. The production of algae to harvest oil for biofuels has not yet been undertaken on a commercial scale, but feasibility studies have been conducted to arrive at the above yield estimate. During the biofuel production process algae actually consumes the carbon dioxide in the air and turns it into oxygen through photosynthesis. In addition to its projected high yield, algaculture— unlike food crop-based biofuels — does not entail a decrease in food production, since it requires neither farmland nor fresh water. Many companies are pursuing algae bio-reactors for various purposes, including scaling up biofuels production to commercial levels.
In an electricity system without grid energy storage, generation from stored fuels (coal, biomass, natural gas, nuclear) must be go up and down in reaction to the rise and fall of solar electricity (see load following power plant). While hydroelectric and natural gas plants can quickly follow solar being intermittent due to the weather, coal, biomass and nuclear plants usually take considerable time to respond to load and can only be scheduled to follow the predictable variation. Depending on local circumstances, beyond about 20–40% of total generation, grid-connected intermittent sources like solar tend to require investment in some combination of grid interconnections, energy storage or demand side management. Integrating large amounts of solar power with existing generation equipment has caused issues in some cases. For example, in Germany, California and Hawaii, electricity prices have been known to go negative when solar is generating a lot of power, displacing existing baseload generation contracts.
The array of a photovoltaic power system, or PV system, produces direct current (DC) power which fluctuates with the sunlight's intensity. For practical use this usually requires conversion to certain desired voltages or alternating current (AC), through the use of inverters. Multiple solar cells are connected inside modules. Modules are wired together to form arrays, then tied to an inverter, which produces power at the desired voltage, and for AC, the desired frequency/phase.