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.
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.
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.
The International Energy Agency projected in 2014 that under its "high renewables" scenario, by 2050, solar photovoltaics and concentrated solar power would contribute about 16 and 11 percent, respectively, of the worldwide electricity consumption, and solar would be the world's largest source of electricity. Most solar installations would be in China and India. In 2017, solar power provided 1.7% of total worldwide electricity production, growing at 35% per annum.