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.”
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.
Photovoltaics were initially solely used as a source of electricity for small and medium-sized applications, from the calculator powered by a single solar cell to remote homes powered by an off-grid rooftop PV system. Commercial concentrated solar power plants were first developed in the 1980s. The 392 MW Ivanpah installation is the largest concentrating solar power plant in the world, located in the Mojave Desert of California.