Renewable energy technology has sometimes been seen as a costly luxury item by critics, and affordable only in the affluent developed world. This erroneous view has persisted for many years, but 2015 was the first year when investment in non-hydro renewables, was higher in developing countries, with $156 billion invested, mainly in China, India, and Brazil.
Construction of the Salt Tanks which provide efficient thermal energy storage so that output can be provided after the sun goes down, and output can be scheduled to meet demand requirements. The 280 MW Solana Generating Station is designed to provide six hours of energy storage. This allows the plant to generate about 38 percent of its rated capacity over the course of a year.
2010 was a record year for green energy investments. According to a report from Bloomberg New Energy Finance, nearly US $243 billion was invested in wind farms, solar power, electric cars, and other alternative technologies worldwide, representing a 30 percent increase from 2009 and nearly five times the money invested in 2004. China had $51.1 billion investment in clean energy projects in 2010, by far the largest figure for any country.
We harness the earth’s most abundant resources – the strength of the wind, the heat of the sun and the force of water – to power the world’s biggest economies and the most remote communities. Combining onshore and offshore wind, hydro and innovative technologies, GE Renewable Energy has installed more than 400+ gigawatts capacity globally to make the world work better and cleaner.
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Taken together, the generation and distribution of electric power in the United States is an astonishingly complex undertaking. Utilities may generate their own power or buy it from other utilities; that power travels over a grid of transformers and high- and low-voltage lines to your house. Ownership of utilities varies from nonprofits to cooperatives to for-profits. Federal regulators ultimately oversee the grid. Amazingly, when you flip a switch, electricity is there.
The first words of everyone calling us are “the wind is blowing here all the time”. People consistently overestimate how windy their place actually is. They forget about all the times the wind does not blow, and only remember the windy days. Such is human nature. Before even considering a small wind turbine you need to have a good idea of the annual average wind speed for your site. The gold standard is to install a data-logging anemometer (wind meter) at the same height and location as the proposed wind turbine, and let it run for 3 to 5 years. Truth is that it is usually much too expensive to do for small wind turbines, and while logging for 1 year could give you some idea and is the absolute minimum for worthwhile wind information, it is too short to be very reliable. For most of us, the more economical way to find out about the local average wind speed is by looking at a wind atlas, meteorological data, airport information and possibly the local vegetation (for windy spots the trees take on interesting shapes).
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.
Wind power - Air flow on the earth's surface can be used to push turbines, with stronger winds producing more energy. High-altitude sites and areas just offshore tend to provide the best conditions for capturing the strongest winds. According to a 2009 study, a network of land-based, 2.5-megawatt wind turbines in rural areas operating at just 20% of their rated capacity could supply 40 times the current worldwide consumption of energy.
Most current solar power plants are made from an array of similar units where each unit is continuously adjusted, e.g., with some step motors, so that the light converter stays in focus of the sun light. The cost of focusing light on converters such as high-power solar panels, Stirling engine, etc. can be dramatically decreased with a simple and efficient rope mechanics. In this technique many units are connected with a network of ropes so that pulling two or three ropes is sufficient to keep all light converters simultaneously in focus as the direction of the sun changes.