30 per cent of Australian households now have rooftop solar PV, with a combined capacity exceeding 11 GW. Wind power Air flow can be used to run wind turbines. Modern utility-scale wind turbines range from around 600 kW to 9 MW of rated power. The power available from the wind is a function of the cube of the wind speed, so as wind speed increases, power output increases up to the maximum output for the particular turbine. Areas where winds are stronger and more constant, such as offshore and high-altitude sites, are preferred locations for wind farms. Typically, full load hours of wind turbines vary between 16 and 57 percent annually but might be higher in particularly favorable offshore sites. Wind-generated electricity met nearly 4% of global electricity demand in 2015, with nearly 63 GW of new wind power capacity installed. Wind energy was the leading source of new capacity in Europe, the US and Canada, and the second largest in China. In Denmark, wind energy met more than 40% of its electricity demand while Ireland, Portugal and Spain each met nearly 20%. Globally, the long-term technical potential of wind energy is believed to be five times total current global energy production, or 40 times current electricity demand, assuming all practical barriers needed were overcome. This would require wind turbines to be installed over large areas, particularly in areas of higher wind resources, such as offshore, and likely also industrial use of new types of VAWT turbines in addition to the horizontal axis units currently in use. As offshore wind speeds average ~90% greater than that of land, offshore resources can contribute substantially more energy than land-stationed turbines. Hydropower Since water is about 800 times denser than air, even a slow flowing stream of water, or moderate sea swell, can yield considerable amounts of energy. Water can generate electricity with a conversion efficiency of about 90%, which is the highest rate in renewable energy. There are many forms of water energy: Historically, hydroelectric power came from constructing large hydroelectric dams and reservoirs, which are still popular in developing countries. The largest of them are the Three Gorges Dam (2003) in China and the Itaipu Dam (1984) built by Brazil and Paraguay. Small hydro systems are hydroelectric power installations that typically produce up to of power. They are often used on small rivers or as a low-impact development on larger rivers.