Adam Schultz, a senior policy analyst for the Oregon Department of Energy, says he’s more encouraged than ever about the prospects for renewables. Because the Pacific Northwest features large-scale hydropower plants built as part of the New Deal, energy already tends to be less expensive there than the U.S. average. But solar and wind power have “gotten cheaper over the last couple years to the point that I can’t even tell you what the costs are because costs have been dropping so rapidly,” Schultz says. “We have enough sunshine,” he says (presumably referring to the eastern part of the state), “so it’s just a matter of time.”
At the end of 2014, worldwide PV capacity reached at least 177,000 megawatts. Photovoltaics grew fastest in China, followed by Japan and the United States, while Germany remains the world's largest overall producer of photovoltaic power, contributing about 7.0 percent to the overall electricity generation. Italy meets 7.9 percent of its electricity demands with photovoltaic power—the highest share worldwide. For 2015, global cumulative capacity is forecasted to increase by more than 50 gigawatts (GW). By 2018, worldwide capacity is projected to reach as much as 430 gigawatts. This corresponds to a tripling within five years. Solar power is forecasted to become the world's largest source of electricity by 2050, with solar photovoltaics and concentrated solar power contributing 16% and 11%, respectively. This requires an increase of installed PV capacity to 4,600 GW, of which more than half is expected to be deployed in China and India.
Some people, including Greenpeace founder and first member Patrick Moore, George Monbiot, Bill Gates and James Lovelock have specifically classified nuclear power as green energy. Others, including Greenpeace's Phil Radford disagree, claiming that the problems associated with radioactive waste and the risk of nuclear accidents (such as the Chernobyl disaster) pose an unacceptable risk to the environment and to humanity. However, newer nuclear reactor designs are capable of utilizing what is now deemed "nuclear waste" until it is no longer (or dramatically less) dangerous, and have design features that greatly minimize the possibility of a nuclear accident. These designs have yet to be commercialized. (See: Molten salt reactor)
Renewable energy is derived from natural processes that are replenished constantly. In its various forms, it derives directly from the sun, or from heat generated deep within the earth. Included in the definition is electricity and heat generated from solar, wind, ocean, hydropower, biomass, geothermal resources, and biofuels and hydrogen derived from renewable resources.
Solar energy, radiant light and heat from the sun, is harnessed using a range of ever-evolving technologies such as solar heating, photovoltaics, concentrated solar power (CSP), concentrator photovoltaics (CPV), solar architecture and artificial photosynthesis. Solar technologies are broadly characterized as either passive solar or active solar depending on the way they capture, convert and distribute solar energy. Passive solar techniques include orienting a building to the Sun, selecting materials with favorable thermal mass or light dispersing properties, and designing spaces that naturally circulate air. Active solar technologies encompass solar thermal energy, using solar collectors for heating, and solar power, converting sunlight into electricity either directly using photovoltaics (PV), or indirectly using concentrated solar power (CSP).
Then I pick up a Home Power Magazine, or a Backwoods Home, or a Mother Earth News. I read the letters to the editor and I think, These are my people! This is my tribe—the tribe of folks striving for independence of thought and lifestyle, who are creative in their choice of building materials, who try to make responsible choices about how their choices affect the environment they live in.
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.
As the cost of solar electricity has fallen, the number of grid-connected solar PV systems has grown into the millions and utility-scale solar power stations with hundreds of megawatts are being built. Solar PV is rapidly becoming an inexpensive, low-carbon technology to harness renewable energy from the Sun. The current largest photovoltaic power station in the world is the 850 MW Longyangxia Dam Solar Park, in Qinghai, China.