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.
The advantage of this approach in the United States is that many states offer incentives to offset the cost of installation of a renewable energy system. In California, Massachusetts and several other U.S. states, a new approach to community energy supply called Community Choice Aggregation has provided communities with the means to solicit a competitive electricity supplier and use municipal revenue bonds to finance development of local green energy resources. Individuals are usually assured that the electricity they are using is actually produced from a green energy source that they control. Once the system is paid for, the owner of a renewable energy system will be producing their own renewable electricity for essentially no cost and can sell the excess to the local utility at a profit.
Wave power, which captures the energy of ocean surface waves, and tidal power, converting the energy of tides, are two forms of hydropower with future potential; however, they are not yet widely employed commercially. A demonstration project operated by the Ocean Renewable Power Company on the coast of Maine, and connected to the grid, harnesses tidal power from the Bay of Fundy, location of world's highest tidal flow. Ocean thermal energy conversion, which uses the temperature difference between cooler deep and warmer surface waters, has currently no economic feasibility.
Wind turbines are manufactured in a wide range of vertical and horizontal axis. The smallest turbines are used for applications such as battery charging for auxiliary power for boats or caravans or to power traffic warning signs. Slightly larger turbines can be used for making contributions to a domestic power supply while selling unused power back to the utility supplier via the electrical grid. Arrays of large turbines, known as wind farms, are becoming an increasingly important source of intermittent renewable energy and are used by many countries as part of a strategy to reduce their reliance on fossil fuels. One assessment claimed that, as of 2009, wind had the "lowest relative greenhouse gas emissions, the least water consumption demands and... the most favourable social impacts" compared to photovoltaic, hydro, geothermal, coal and gas.
Micro-hydro configured into mini-grids also provide power. Over 44 million households use biogas made in household-scale digesters for lighting and/or cooking, and more than 166 million households rely on a new generation of more-efficient biomass cookstoves. Clean liquid fuel sourced from renewable feedstocks are used for cooking and lighting in energy-poor areas of the developing world. Alcohol fuels (ethanol and methanol) can be produced sustainably from non-food sugary, starchy, and cellulostic feedstocks. Project Gaia, Inc. and CleanStar Mozambique are implementing clean cooking programs with liquid ethanol stoves in Ethiopia, Kenya, Nigeria and Mozambique.
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Solar water heating makes an important contribution to renewable heat in many countries, most notably in China, which now has 70% of the global total (180 GWth). Most of these systems are installed on multi-family apartment buildings and meet a portion of the hot water needs of an estimated 50–60 million households in China. Worldwide, total installed solar water heating systems meet a portion of the water heating needs of over 70 million households. The use of biomass for heating continues to grow as well. In Sweden, national use of biomass energy has surpassed that of oil. Direct geothermal for heating is also growing rapidly. The newest addition to Heating is from Geothermal Heat Pumps which provide both heating and cooling, and also flatten the electric demand curve and are thus an increasing national priority (see also Renewable thermal energy).
Energy engineering Oil refinery Fossil-fuel power station Cogeneration Integrated gasification combined cycle Electric power Nuclear power Nuclear power plant Radioisotope thermoelectric generator Solar power Photovoltaic system Concentrated solar power Solar thermal energy Solar power tower Solar furnace Wind power Wind farm High-altitude wind power Geothermal power Hydropower Hydroelectricity Wave farm Tidal power Biomass
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.
Technologies promote sustainable energy including renewable energy sources, such as hydroelectricity, solar energy, wind energy, wave power, geothermal energy, bioenergy, tidal power and also technologies designed to improve energy efficiency. Costs have decreased immensely throughout the years, and continue to fall. Increasingly, effective government policies support investor confidence and these markets are expanding. Considerable progress is being made in the energy transition from fossil fuels to ecologically sustainable systems, to the point where many studies support 100% renewable energy.
Wind power is widely used in Europe, China, and the United States. From 2004 to 2014, worldwide installed capacity of wind power has been growing from 47 GW to 369 GW—a more than sevenfold increase within 10 years with 2014 breaking a new record in global installations (51 GW). As of the end of 2014, China, the United States and Germany combined accounted for half of total global capacity. Several other countries have achieved relatively high levels of wind power penetration, such as 21% of stationary electricity production in Denmark, 18% in Portugal, 16% in Spain, and 14% in Ireland in 2010 and have since continued to expand their installed capacity. More than 80 countries around the world are using wind power on a commercial basis.
Other renewable energy technologies are still under development, and include cellulosic ethanol, hot-dry-rock geothermal power, and marine energy. These technologies are not yet widely demonstrated or have limited commercialization. Many are on the horizon and may have potential comparable to other renewable energy technologies, but still depend on attracting sufficient attention and research, development and demonstration (RD&D) funding.
The tables above are for HAWTs, the regular horizontal “wind mill” type we are all familiar with. For VAWTs the tables can be used as well, but you have to convert their dimensions. Calculate the frontal area (swept area) of the VAWT by multiplying height and width, or for a curved egg-beater approximate the area. Now convert the surface area to a diameter, as if it were a circle: Diameter = √(4 • Area / Pi). That will give you a diameter for the table. Look up the energy production for that diameter and your average annual wind speed and do the following:
There are numerous organizations within the academic, federal, and commercial sectors conducting large scale advanced research in the field of renewable energy. This research spans several areas of focus across the renewable energy spectrum. Most of the research is targeted at improving efficiency and increasing overall energy yields. Multiple federally supported research organizations have focused on renewable energy in recent years. Two of the most prominent of these labs are Sandia National Laboratories and the National Renewable Energy Laboratory (NREL), both of which are funded by the United States Department of Energy and supported by various corporate partners. Sandia has a total budget of $2.4 billion while NREL has a budget of $375 million.
United Nations' Secretary-General Ban Ki-moon has said that renewable energy has the ability to lift the poorest nations to new levels of prosperity. In October 2011, he "announced the creation of a high-level group to drum up support for energy access, energy efficiency and greater use of renewable energy. The group is to be co-chaired by Kandeh Yumkella, the chair of UN Energy and director general of the UN Industrial Development Organisation, and Charles Holliday, chairman of Bank of America".
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.