Green energy, however, utilizes energy sources that are readily available all over the world, including in rural and remote areas that don't otherwise have access to electricity. Advances in renewable energy technologies have lowered the cost of solar panels, wind turbines and other sources of green energy, placing the ability to produce electricity in the hands of the people rather than those of oil, gas, coal and utility companies.
The ability of biomass and biofuels to contribute to a reduction in CO2 emissions is limited because both biomass and biofuels emit large amounts of air pollution when burned and in some cases compete with food supply. Furthermore, biomass and biofuels consume large amounts of water. Other renewable sources such as wind power, photovoltaics, and hydroelectricity have the advantage of being able to conserve water, lower pollution and reduce CO2 emissions.
There are more specific questions you’ll have to ask yourself about your location and home—e.g., is my next-door neighbor’s oak tree going to block all my sunlight? You’ll also have to take local weather conditions into consideration. Luckily, there are plenty of other resources to help you find your solar potential. See our Tools section for more info.
In 2007, General Electric's Chief Engineer predicted grid parity without subsidies in sunny parts of the United States by around 2015; other companies predicted an earlier date: the cost of solar power will be below grid parity for more than half of residential customers and 10% of commercial customers in the OECD, as long as grid electricity prices do not decrease through 2010.
A 2014-published life-cycle analysis of land use for various sources of electricity concluded that the large-scale implementation of solar and wind potentially reduces pollution-related environmental impacts. The study found that the land-use footprint, given in square meter-years per megawatt-hour (m2a/MWh), was lowest for wind, natural gas and rooftop PV, with 0.26, 0.49 and 0.59, respectively, and followed by utility-scale solar PV with 7.9. For CSP, the footprint was 9 and 14, using parabolic troughs and solar towers, respectively. The largest footprint had coal-fired power plants with 18 m2a/MWh.
All electrical turbine generators work because of the effects of moving a magnetic field past an electrical coil. When electrons flow through an electrical coil, a magnetic field is created around it. Likewise, when a magnetic field moves past a coil of wire, a voltage is induced in the coil as defined by Faraday’s law of magnetic induction causing electrons to flow.
A recent UK Government document states that "projects are generally more likely to succeed if they have broad public support and the consent of local communities. This means giving communities both a say and a stake". In countries such as Germany and Denmark many renewable projects are owned by communities, particularly through cooperative structures, and contribute significantly to overall levels of renewable energy deployment.
Bioethanol is an alcohol made by fermentation, mostly from carbohydrates produced in sugar or starch crops such as corn, sugarcane, or sweet sorghum. Cellulosic biomass, derived from non-food sources such as trees and grasses is also being developed as a feedstock for ethanol production. Ethanol can be used as a fuel for vehicles in its pure form, but it is usually used as a gasoline additive to increase octane and improve vehicle emissions. Bioethanol is widely used in the USA and in Brazil. Biodiesel can be used as a fuel for vehicles in its pure form, but it is usually used as a diesel additive to reduce levels of particulates, carbon monoxide, and hydrocarbons from diesel-powered vehicles. Biodiesel is produced from oils or fats using transesterification and is the most common biofuel in Europe.
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. 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.
Renewable energy variability is a problem for corporate buyers. But what is undesirable to buyers is attractive for insurance companies, whose core business revolves around managing weather-related risks. VFAs sit on top of a new or existing PPA and are effectively designed to pay the corporate buyer when they’re getting less renewable power than they contracted for, and give money to the insurer when there’s more.
The life-cycle greenhouse-gas emissions of solar power are in the range of 22 to 46 gram (g) per kilowatt-hour (kWh) depending on if solar thermal or solar PV is being analyzed, respectively. With this potentially being decreased to 15 g/kWh in the future. For comparison (of weighted averages), a combined cycle gas-fired power plant emits some 400–599 g/kWh, an oil-fired power plant 893 g/kWh, a coal-fired power plant 915–994 g/kWh or with carbon capture and storage some 200 g/kWh, and a geothermal high-temp. power plant 91–122 g/kWh. The life cycle emission intensity of hydro, wind and nuclear power are lower than solar's as of 2011 as published by the IPCC, and discussed in the article Life-cycle greenhouse-gas emissions of energy sources. Similar to all energy sources were their total life cycle emissions primarily lay in the construction and transportation phase, the switch to low carbon power in the manufacturing and transportation of solar devices would further reduce carbon emissions. BP Solar owns two factories built by Solarex (one in Maryland, the other in Virginia) in which all of the energy used to manufacture solar panels is produced by solar panels. A 1-kilowatt system eliminates the burning of approximately 170 pounds of coal, 300 pounds of carbon dioxide from being released into the atmosphere, and saves up to 105 gallons of water consumption monthly.
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.
Common battery technologies used in today's home PV systems include, the valve regulated lead-acid battery– a modified version of the conventional lead–acid battery, nickel–cadmium and lithium-ion batteries. Lead-acid batteries are currently the predominant technology used in small-scale, residential PV systems, due to their high reliability, low self discharge and investment and maintenance costs, despite shorter lifetime and lower energy density. However, lithium-ion batteries have the potential to replace lead-acid batteries in the near future, as they are being intensively developed and lower prices are expected due to economies of scale provided by large production facilities such as the Gigafactory 1. In addition, the Li-ion batteries of plug-in electric cars may serve as a future storage devices in a vehicle-to-grid system. Since most vehicles are parked an average of 95 percent of the time, their batteries could be used to let electricity flow from the car to the power lines and back. Other rechargeable batteries used for distributed PV systems include, sodium–sulfur and vanadium redox batteries, two prominent types of a molten salt and a flow battery, respectively.
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.
The windwheel of Hero of Alexandria (10 AD – 70 AD) marks one of the first recorded instances of wind powering a machine in history. However, the first known practical wind power plants were built in Sistan, an Eastern province of Persia (now Iran), from the 7th century. These "Panemone" were vertical axle windmills, which had long vertical drive shafts with rectangular blades. Made of six to twelve sails covered in reed matting or cloth material, these windmills were used to grind grain or draw up water, and were used in the gristmilling and sugarcane industries.
Worldwide growth of photovoltaics has averaged 40% per year from 2000 to 2013 and total installed capacity reached 303 GW at the end of 2016 with China having the most cumulative installations (78 GW) and Honduras having the highest theoretical percentage of annual electricity usage which could be generated by solar PV (12.5%). The largest manufacturers are located in China.