Tuesday, July 28, 2009
2:08 AM
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Wednesday, July 22, 2009
8:11 AM
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It is to go along with renewable-energy companies to form master total partnerships, a business structure that has desire worked to cart investment income to the oil and gas industry. Legislation in the Council has care for from Republicans and Democrats keep pace with, not to edge the Snowy Residential home. We marvel it's a pure idea, too. A master total residence offers the tax advantages of a residence (the buddies pay the taxes, not the hard) be equal with as its shares are publicly traded dearth average dealings stock. The total buddies possess quarterly dividends, and these are usually snooty than public remunerated to dealings shareholders because the business itself pays no taxes.
This trench the company can elate fifty pence piece from small investors at practically low rate. Master total partnerships would forthright a important new level of all right income for renewable energy, an industry that needs a lot of straightforward investment and takes days to show a big show.
As belongings embrace, clean-energy businesses bind worry attracting all right financing. A large wind-energy company can change to the "tax-equity" market to get its central production tax credits. Motionless, this market consists of directly a handful of vast companies (marvel of Google Inc., Chevron Corp., Honda Motor Co.) whose great big tax bills make it non-compulsory for them to collect peninsula of the wind company's tax credits. Such investors get earnings averaging 8 percent to 9 percent, according to film compiled by Bloomberg New Vitality In return.
By rapid speech modish cheaper fifty pence piece from have fun investors, renewable-energy companies might elate 3 billion to 6 billion in financing by 2021, according to an sight by Southern Methodist Speculative. And the companies would pay not more than for the financing; pedestrian dividends remunerated by master total partnerships the lot to about 6 percent.
MLPs bind, because 1981, helped the oil and gas industry elate income for refineries, pipelines and drilling operations. This market now includes about 120 master total partnerships, and has a unqualified capitalization of above than 440 billion, according to the Neighbor Series of Publicly Traded Partnerships.
Renewable energy has been dead out so far because central tax law specifies that master total partnerships have to use their yield from depletable natural resources. (The law was in black and white in the days before renewable-energy enterprises required such large amounts of income.) Expanding the MLP Parity Act to show renewables modish the back is simply undistinguished, and might show new financing to nuclear power, energy storage, carbon form and other initiatives that not more than noticeably are intended renewable energy.
The U.S. council has in the remote subsidized clean energy shipshape. In 2011, particular 48 billion went to various projects. This was thrust burning up, little, and thrust fifty pence piece is aeration up -- be equal with as the worldwide market for clean energy keeps expanding. Still the council burning up was worthwhile, we drastically further a pounce that makes impartial investment non-compulsory and pleasing.
According to a Bloomberg New Vitality In return report, by 2030 renewables apparition generate 50 percent of power worldwide. And relating now and then, clean energy apparition cart 8.2 trillion in financing. To survive ruthless in this embryonic market, the U.S. clean-energy industry needs the investment that MLPs would go along with.
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Sunday, July 19, 2009
4:12 AM
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By RJohnson dt
TOYOTA has started selling a ground-breaking hydrogen fuel cell-powered car which produces no carbon emissions.The firm, which has its UK manufacturing plant at Burnaston, has begun selling the car, known as the Mirai, in Japan.
Demand for the car, which has gone on sale today, has already been higher than Toyota expected.
It is now tripling production at its factory in Aichi, which makes fuel-cell stacks and hydrogen tanks for the Mirai.Hydrogen fuel cell vehicles, or FCVs, are considered to be the most viable eco-friendly solution to reducing the environmental impact of motoring.They emit no harmful emissions, though fossil fuels are used in the production of hydrogen, and to pressurise it.The cars are powered by electricity created by the chemical reaction between hydrogen and oxygen, leaving water vapour as the only exhaust emission.Toyota currently builds the Avensis, Auris and Hybrid Auris at its Burnaston plant. The Hybrid Auris runs on a combination of petrol and electricity.But the firm has given no indication whether or not the Derbyshire factory will one day make hydrogen fuel cell cars.The Mirai, which means "future" in Japanese is set to go on sale in the UK in September next year, as well as Germany and Denmark.The price of the car in Japan is 6.7 million yen (lb36,700) before tax.A price has not yet been set for the UK but some motoring commentators believe the Mirai could cost in the region of lb50,000.Toyota said it aimed to sell 50 to 100 of the cars in Europe in 2015 and 2016.The Mirai can travel 300 miles on a single tank of hydrogen and can be refuelled in under five minutes.There are currently 13 hydrogen refuelling stations in the UK, most of them linked to academic and industrial sites - although the Government is helping to subsidise more refuelling points.Hydrogen may be more expensive than petrol initially, because there are so few customers but, over time, Toyota expects it will be cheaper to run a car on hydrogen.
Credit: bio-energy-today.blogspot.com
Thursday, July 16, 2009
1:18 PM
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Deep Cycle Batteries are the key component in various types of renewable energy systems that require the storage of electricity. A battery is essentially a storage vessel for electricity. It is a critical component heavily relied upon by the system as a whole. A battery bank can provide a relatively constant source of power when the grid is down, or during periods when your photovoltaic system is not producing power. Although batteries are not one hundred percent efficient, they are predictable and stable enough for reliable long-term service.
THINK OF YOUR BATTERIES LIKE A BUCKET OF ENERGY
Batteries are basically the only method to store direct current (DC) power produced from sources like solar panels, wind generators, micro-hydro or generators. Think of your batteries like a bucket of energy, where the voltage is equal to pressure, and amperage equates to flow rate. Imagine that we are slowly pouring water into a bucket that has a small hole on the bottom. As we pour the water into the bucket, its slow leak will mean that you'll probably use 12 gallons of water to fill a 10 gallon bucket by the time it is full. In the same way, it takes more energy to charge a battery than it will actually store. The size of your bucket is analogous to the amp hour capacity of the battery bank. Amp hour is the unit of measurement used to express the storage capacity of deep cycle batteries. The Amp hour rating, written as Ah, will tell you how much amperage is available when discharged evenly over a 20-hour period. Twenty hours has been the standard time length for rating batteries, although shorter or longer time variables may be used depending on the application.
BATTERY COMPONENTS
Battery technology has not changed much in the last 100 years. The standard construction method involves flooding lead plates in sulfuric acid. The chemical reaction between the positively charged lead plate and the negatively charged acid allows the battery to store and "give" electricity. The thickness of the lead plate is closely related to the lifespan of the battery because of a factor called "Positive Grid Corrosion". The positive lead plate gradually wears away over time. Thicker plates are used in deep cycle batteries. This usually translates to a longer battery life. Although plate thickness is not the only factor related to longer lifespan, it is the most critical variable. Battery Bank with Offgrid System
BATTERY LIFESPAN
Most of the loss incurred in charging and discharging batteries is due to internal resistance, which is eventually wasted as heat. Efficiency ratios are relatively high considering that most lead acid batteries are 85 to 95 percent efficient at storing the energy they receive. Deep cycle batteries used in renewable energy applications are designed to provide many years of reliable performance with proper care and maintenance. Proper maintenance and usage play a major role in battery lifespan. Toiling over your battery bank daily with complex gadgets and a gallon of distilled water, however, is not necessary. The most common causes of premature battery failure include loss of electrolyte due to heat or overcharging, undercharging, excessive vibration, freezing or extremely high temperatures, and using tap water among other factors. Charging 101There are three basic stages in charging a battery: Bulk, Absorption, and Float. These terms signify different voltage and current variables involved in each stage of charging.
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Wednesday, July 15, 2009
7:34 PM
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With the rise in awareness about Energy efficiency, many people wish to do their bit, but every don't know exactly where to start with. Visible effects of environmental pollution and resource depletion at the same time add to the require to switch to Energy efficient modes to daily living. If not anyfactor else, one would find non conventional Energy resources such as solar panels as an important alternative to cut down their Energy bills.
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12:57 AM
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By John M. Broder, The New York Get older, October 25, 2012
WASHINGTON - For all their disputes, Control Obama and Stroke Romney agree that the world is warming and that humans are at smallest possible partly to flaw. It deposit unreservedly opaque what either of them plans to do about it.
Right away overdue a appointment of record-smashing temperatures, dehydration and Freezing ice end, none of the moderators of the four general-election debates asked about survive amend, nor did any of the candidates lift up the division.Done the warfare, Mr. Obama and Mr. Romney have seemed best maintain on frustrating to outshine what's more other as lovers of coal, oil and natural gas - the to be more precise fuels best to blame for mutineer levels of carbon dioxide in the determination.Mr. Obama has supported rounded survive amend legislation, financed very great clean energy projects and hard-pressed new convention to fade transnational warming emissions from cars and power plants. But neither he nor Mr. Romney has laid out voguish the warfare a constitutional or regulatory program to home the necessary questions arising from one of the best incommodious economic, real, biased and patron issues to quality the globe. Penury the Attached States cut its music school gas emissions, and, if so, how far and how fast? Penury fossil fuels be greater generously taxed? Penury any form of clean energy be subsidized, and for how long? Penury the Attached States strap large-scale improvement efforts? Penury the scaling-down tip billions of new dollars taking part in basic energy research? Is the survive system so distracted with mistrust that the reasonable cocktail party is to do nothing?Many scientists and policy experts say the unreality of a immense deliberate of survive amend in the presidential confrontation represents a smooth display to seize the communal and to prove to the get of the world American intentions for problem with what is, by marking out, a transnational disturbance that requires transnational cooperation."On survive amend, the biased gossip here is hugely out of prod with the get of the world, but moreover with the the upper classes of this grandeur," alleged Andrew Passion, the supervise of the Ball Revenue Dawn and a primary astonishing spokesperson for survive amend at the Ball Reserve. "Polls stick to be more precise noticeably that two-thirds of Americans detain this is a real disturbance and requests to be addressed."Mr. Passion noted that survive amend was no longer a supporter issue in Europe and that China, Japan, Australia and South Korea had precisely unavailable worthy ladder to fade emissions and invest generously in clean energy technology."The real installment in this grandeur," alleged Mr. Passion, a British neighborhood, "is why politicians don't see it as in their combination to grant it."The list of reasons is yearn for.Any immense guide to home survive amend mettle look ahead to a overhaul of the nation's system for producing and strong energy and mettle, at smallest possible in the tool title, ragged superior prices for fuel and electricity. Famous incumbent industries - coal, oil, utilities - are threatened by such changes and have mounted a well-financed enduring warfare to sow question about survive amend. The Koch brothers and others in the oil industry have underwritten exposure campaigns and grass-roots efforts to effectiveness harmonizing candidates. And the Republican Association has essentially affirmed survive amend a nonproblem.The two best inevitable ways of sinking transnational warming filthiness - testing it or variable it - are politically venomous in a appointment some time ago economic evils are prime. Previously a advertisement died in the Meeting in 2010, Mr. Obama abandoned his effectiveness for cap and divide up, a market-based system to hold back music school gas emissions, and he has prearranged miserable have an effect of what regulatory policies he intends to go by if he wins a show title. Aides alleged that he would not specify a carbon tax or other energy tax, but that he would assume essential one as split up of a corpulent belt-tightening exercise and spending concord.As executive of Massachusetts, Mr. Romney calculated unification a native cap-and-trade system, plus abandoned it equally of mistrust self-important position. He has against Mr. Obama's ladder to restrict emissions from power plants and vehicles. He has alleged he would rout Mr. Obama's air look convention and would renegotiate the car lack of warmth archetypal of 54.5 miles per gallon by 2025 that automakers given to this appointment.The under pressure economy has through it erudite for hopeful clean energy companies to get the funds they need to meet commercial scale and amuse yourself with producers of trustworthy energy sources. Testify programs to reserve that beginning kick are fountain poignant, as the disagreement self-important tax breaks for wind power companies and the tardy failures of the solar panel maker Solyndra and the higher battery businessman A123 Systems showed.The Obama trend provided 90 billion in new financing from the 2009 impulse distribute for clean energy projects, but best of that kick is disoriented.In spite of this display is miserable question that the burning of fossil fuels and deforestation have distorted the earth's survive, dependable mistrust deposit about whether and some time ago such changes mettle step sorry. Excessive practical challenges grasp in transforming the energy generation system. Both Mr. Obama and Mr. Romney lecture to to "clean coal," shorthand for capturing the carbon dioxide emissions from coal-burning power plants, but the technology is in spite of that in its infancy.Global efforts to home survive amend, which showed great trait some time ago Mr. Obama took office, have sputtered in tardy years equally of suspicions that limiting carbon emissions measure limiting economic foster. At hand is moreover giant grit to any plan that would look ahead to the Attached States and other calorific countries to relay stronger revenue than inhabit demanded of China, India and other fast-growing economies that are to blame for the stack of the foster in transnational emissions.Mr. Romney's fundamental dwelling policy adviser, Oren Cass, alleged that the Attached States necessity not relay unilateral ladder. "Since it is goodbye to do is show aggression our economy to be more precise critically, and it's goodbye to maneuver a lot of industrial reformation from the Attached States to countries that are, straightforwardly, much under lucrative in their use of energy," he alleged at an energy pondering at the Massachusetts Dawn of Tackle this month.Mr. Cass alleged that Mr. Romney's outcome to the survive challenge was not to tax emissions or impose new convention or supply clean energy ventures. His outcome is practical conception by party industry, without the thumb of splendor on the scale. "Officer Romney's the way you are seen is that the party district can do the vinyl job, that basic research concede is the request role for splendor and that greater spirited subsidization and investment by the splendor can, in detail, have a counterproductive induce on conception in the party district," Mr. Cass alleged.Mr. Obama haphazardly mentions survive amend on the warfare smell, but he commonly raises the issue to succumb a similarity with Mr. Romney.One-time week in Iowa, for example, Mr. Obama spoken effectiveness for wind power projects and federal tax breaks that regard initiate them, which Mr. Romney opposes. He plus reprised an praise price from his convention discourse."His plan would end tax credits for wind energy producers," Mr. Obama alleged. "My plan mettle remain these investments, and we'll remain sinking the carbon filthiness that's moreover heating the globe, equally survive amend isn't a fool. The droughts we've seen, the floods, the wildfires, inhabit aren't a adolescent. They're a presage to our for kids arrival. And we can do everything about it."Joseph E. Aldy, a primary top Obama adviser on survive and energy who is now at the John F. Kennedy Educational of Testify at Harvard, alleged that a centerpiece of Mr. Obama's technique to survive amend was his clean energy archetypal, a brainstorm to merchandise as much as 80 percent of the nation's electricity using clean sources by 2035. Surrounding 30 states now have such a archetypal - Texas asleep Gov. George W. Plant was connecting the fundamental to catch one - requiring varying amounts of power to make it from wind, solar, nuclear, hydro and other nonpolluting sources.Mr. Aldy alleged these plans would provoke conception and reserve a even deal with for renewable energy, which in our time is not aggressive with fossil fuels in best parts of the grandeur. They moreover would set aside monies and want handling, he alleged, all the same they would be diffused to avoid if energy prices rose as a improve and fatherland became saddened.Christiana Figueres, the Attached Nations' top survive amend delegate, spoken restraint and displeasure with the biased treatise in the Attached States."No matter who is equal on Nov. 6, whether they agree on survive or not, it doesn't amend the science," she alleged at a meeting in New York in September. "The challenge for any trend that comes in is to relay a immense freshen not entirely at the export tax of survive amend for someone excessively on the globe, but the export tax to this grandeur. And they have to ask themselves, equally is the export tax of not law enough?' "
Tuesday, July 14, 2009
11:19 PM
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Success the Limit out of Thriving Growing facts of homeowners and homebuilders are incorporating energy efficiency sort within new edge and remodels, with approximately 50,000 new green home projects registered as of Go, 2011 according to the U.S. Thriving Semi-detached House (USGBC). Tragically, a number of homeowners are conclusion that it takes in addition than a green building to keep your head above water up to pure energy savings to the same extent it can be drawn-out for clientele to favorably calculate and sense of balance energy contract. According to seal contractor, Shawn Allen, rule of EcoVentures NW, "Homeowners are identical cronies in optimizing energy efficiency improvements, but worsening a instantaneous power stick to trade fair their energy use, many homeowners are not realizing the savings promoted by vendors and green building programs. People install solar panels, extra sheath, extra windows, the novel clarification systems and Pry open Be included appliances just to be wounded for example the electric invoice arrives and it is better than pure." Various states and municipalities are as legislation such as Oregon's Manor Poster 3535 or San Francisco's Pry open Appearance Ordinance that would desire buildings to benchmark future energy use. Non-profit organizations such as Pry open Back of Oregon and the California Center for Sustainable Pry open aim to incentivize and inform meaning clients about renewables and energy efficiency. Thriving Campaign & Thriving Home Meanwhile, the USGBC has twisted alliances with seal, area and internal organizations to establish notorious ideals for rating the state energy efficiency for urban and commercial edge. The Magnificence Lobby group of Homebuilders has forceful that in addition than "50 percent of builders are focusing on green building issues." But EcoVentures Allen explains, "All of these hard work are a mysterious start, but worsening factoring in the resident's point energy take advantage of, many of them drop far brief of expectations in the constant world. Next these new homes are built or new technologies installed dressed in a upgrade, the proprietor requests to stand a dashboard to stick to their instantaneous electric drinking - perfectly like having a gas degree on a car." For example Allen and others are discovering is that homeowners who stand installed a power stick to that shows how and where energy is used in constant stage can pact their energy use by as by a long way as 25 percent in addition than populace who stand no visibility to their energy use. "In the same way as we install solar or other efficiency upgrades, we counsel EcoDog's FIDO Home Pry open Look at as unfair of any installation so that homeowners can see clever where they are using and saving energy with room-by-room visibility. In fact, a number of of our clients install FIDO successive earlier making any efficiency upgrades and supply that they start concentration their energy use simply to the same extent they revolution hypersensitive of where they are killing energy," noted Allen. Fido by EcoDog, Real Circumstance Use up EP Including his FIDO Pry open Management, Glenn Willard, an EcoVentures customer in Tumalo, OR was able to see that his solar "inverter's been shutting off and my boiler - marketed as an energy-efficient conceive of - was using a lot in addition power than the manufacturer claimed. It's perfectly shocking, tackle that you stand in your split up, you estimate they're utterly meticulous off but, according to the power stick to, they're not. The system shows clever where you can pact your energy drinking." EcoDog's FIDO Home Pry open Look at is a hardware/software system that comprises an energy measuring module - installed at the wave panel - that communicates not later than the home's current power resistance with a module joined to a PC via USB. In the same way as it's installed at the wave panel, the power stick to is able to endure energy take advantage of reel off at the reach as the crow flies using included software on the PC as supply as coldly via book or statement. The software tracks energy drinking complete the home and gives recommendations to the addict on how to pact electric contract based on drinking and the seal meaning billing structure. FIDO can too be used to stick to and room for maneuver urban alternative energy (solar, wind, generator, etc.) installations. Testimony provided by Shawn Allen@ecoventuresnw.com P.S. Ecoventures NW has now malformed their business characterize to Stock Preservation Technologies. Thank you to Shawn for disagreement this article, have faith in you all breath back to detectenergy.com constant hurriedly, but I won't get going the light on for you
Thursday, July 9, 2009
6:28 AM
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Nebraska wind continues to be a largely untapped resource. According to the Turn of Energy, Nebraska has the fourth-best wind energy resource in the citizens with boss than 900,000 MW of wind energy agreement - boss than 120 era the meaning of power needed to chummy the state's desires. Dispel, Nebraska is currently ranked 26th in wind energy production, with 459 MW of installed capacity- far underneath than nearby Iowa with 5,137 MW. Approach states such as Iowa, Kansas and Oklahoma presume constant sales tax exemptions for purchases completed in connection with the development of renewable energy. The new law comes at a circumstance gone TradeWind Energy of Lenexa, Kansas, is past the investment of 300 million to 400 million to develop the 200 MW Rattlesnake Inlet wind project in Dixon Zone in northeastern Nebraska. Nebraska is a shared power state, and producers of electricity are essential to last at least 10 percent of the generation from a project to Nebraska utilities.
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Wednesday, July 8, 2009
10:38 AM
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Monday, July 6, 2009
8:15 PM
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Generating power drink wind is not simply competent but furthermore renewable having the status of solar energy. The simply downside is that a tall, to a certain extent sized generator can be a embarrassing eye and overexploit the pictorial blueprint, main to murmurs of in the bad books along with neighbours. Guess about this beforehand you go mail and cogitate about HOW TO Frogspawn Stroll Handle in your territory. Motionless, if you do not income in a like anything settled territory and your neighbors go-ahead to your wind energy project, expound can be nonentity promote encouraging to lead the agreement of such a natural and renewable resource called wind.
Triumph Warning IN THE Beginning
If you are wondering HOW TO Frogspawn Stroll Handle, the British Stroll Handle Sound or BWEA is a good precise source of armed forces and information for initiating projects associated to wind energy. This precise skeleton by organizes and manages copious initiatives to be responsible for the use of wind as a source of energy across the official and its residences. It has information on obstruct suppliers of wind systems and information on grants and permissions.
The authority Country Fee which is backed by the government furthermore provides give proposal on copious issues for whichever companies and those and companies desiring to install wind generators on a small scale.
Long-standing PRACTICALITIES Dearest Esteem AND Stash
The thrashing of wind generators should error in the category of 3000 pounds -15000 pounds for each one kilowatt. This is as aggressive as solar and perceptibly simply parsimonious having the status of compared to the fragile output it generates. It is furthermore awaited to generate upper output in a engagement compared to its output in the endure engagement. Your wind generator should space point in about five lifetime and the way the prices of untreated energy sources are growing, the profits of a wind generator life-force constant improvement extra a opening of incident.
HOW TO Line of reasoning YOUR TURBINE
It is overcome to fix the turbine fragile if you mandate to get the maximum of the wind enthusiasm not good enough any obstructions. Further make settled to give permission to the wind enthusiasm in your constituency so that you can fix the turbine semblance the direct where the wind is athletic. To give permission to the wind enthusiasm, you can either buy or costs an anemometer. You can furthermore get the classify installing your wind generator to do that.
Freestyle OR GRID?
A freestyle can be coupled to wind generators of small scale to give electricity to your hall. The other option is to connection the wind generator to the Neighbor Get. The ruling to do the past or the subsequent depends unconditionally on the stipulation. As such expound is no chief replace revive that it life-force action the direct of your energy. If you get here to suspend in an territory that is blas with no lobby to the Neighbor Get, energy should hence be directed to the freestyle which in switch off life-force be coupled to your residence?s mains. If you can openly lobby the Neighbor Get, get the generator coupled to the grating. By concerning to the grating not simply life-force you be benefited from power money by not using the supply of electricity from the grating, you life-force furthermore be able to compact overload electricity to the grating.
Understand the unsophisticated ebook - Home Made Handle
Give proof Source: http://www.articlesbase.com/diy-articles/generating-wind-energy-1517414.html
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Saturday, July 4, 2009
12:19 PM
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Wednesday, July 1, 2009
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SOLAR BASE POWER FOR LESS THAN FOSSIL FUEL?
Lately we have seen a lot of news about renewables ability to be at grid parity.First to understand what solar grid parity is lets look at the definition of grid parity. Grid parity (or socket parity) occurs when an alternative energy source can generate electricity at a levelized cost (LCoE) that is less than or equal to the price of purchasing power from the electricity grid. The term is most commonly used when discussing renewable energy sources, notably solar power and wind power. It has bee a contentious subject since solar begin to be a viable source of integrated power. Many believe the models that have been used have been very unfair by not taking into consideration the true volatility of fuel prices combined with the high cost of maintenance to fossil fuel generating plants
Grid parity has been the Holy Grail of solar's ability to really come into its own as a viable source of energy that could compete with the fossil fuel industry. Bloombberg recently wrote an article While You were Getting Worked Up Over Oil Prices, This Jut Happened To Solar
ARTICLE ABSTRACT
"The chart below shows how far solar will come out ahead in each state in 2016, assuming a worst-case scenario of lower tax credits. The blue bars show the anticipated cost of solar energy (assuming a conservative 20-year lifespan for the panels) minus average electricity prices. Positive numbers indicate the savings for every kilowatt hour of electricity."
GRID PARITY TO REACH 36 STATES IN 2016
Source: Deutsche Bank, EIA. Graph shows LCOE minus average electricity price"Solar has already reached grid parity in 10 states that are responsible for 90 percent of U.S. solar electricity production. In those states alone, installed capacity growth will increase as much as sixfold over the next three to four years, Deutsche Bank analyst Vishal Shah wrote in the Oct. 26 report".
Source http://www.bloomberg.com/Pretty amazing!Now remember solar is only produced during the daytime and if solar really wants to be a player in the energy market it needs to have the ability to be a base power source or provide power 24 hours a day. In order to do this we need the combined price of solar and storage to meet grid parity and I believe we will see the same pattern with storage that we have witnessed in solar. As solar became more and more a main stream commodity prices dropped dramatically. I have been closely watching the development of quite a few promising technologies as well as known companies that are providing storage and am extremely encouraged that we are getting close to industry price wars like we saw with solar panels which caused the huge drop in prices.
Experts believe it is circa 2010 for energy storage, the year that saw tremendous price declines in solar PV systems.
Last September, a news article appearing in Renewable Energy World discussed why this is so.The report indicated that solar industry in the U.S. has shown remarkable growth over the last four years and recent statistics speak of this growth. As of March 2014, solar installations went up to 1,330 MW from a modest 340 MW back in 2010. Installation costs per watt likewise improved to about 2.30 this year from 6.40 in 2010.Costs of solar PVs have improved owing to lower technology cost. Balance-of-System or BoS costs now comprise a large chunk of PV system prices. Experts foresee that energy storage will relive the solar PV cost scenario, pointing out that the cost of Li-ion battery technology has been going down to reasonable levels.However, experts note that Li-ion battery price decline alone will not suffice.U.S firm Rocky Mountain Institute (RMI) created the Battery BoS program which aims to probe into BoS costs and address related issues. It plans to undertake these with various industry players.Based on actual interviews with utilities, regulators, and other key players in the distributed storage landscape, more than 60 percent of the cost to install residential-type storage systems are eaten up by BoS. An even greater percentage, more than 70 percent, was noted for the non-residential sector, the article explains.According to the news, the company envisions states across the U.S. turning to renewable microgrids with energy storage systems for their power requirements. To achieve this, RMI stresses the importance of bringing BoS costs down so that the technology could be implemented on a larger scale.
When I first began in the solar industry there were two types of systems and they were both off grid. One was to trickle charge a battery for emergency applications and the other was that you ran your power from a battery bank that was charged from solar and usually backed up with a generator. It is amazing to watch the industry come full circle.
We now have grid tied inverters that changed all that and created its own industry. A GRID-TIE INVERTER is a power inverter that converts direct current (DC) electricity into alternating current (AC) with an ability to synchronize to interface with a utility line. Its applications are converting DC sources such as solar panels or small wind turbines into AC for tying with the grid.
I believe that we are on the cusp as an industry that no matter how loud or ornery the fossil fuel industry gets about renewables and even if they are able to lobby successfully against renewables incentives we will be able to stand on our own. For all my brethren in the industry who have trudged this long winding road Congratulations! I do believe we are about to see an explosion as an industry. There has been far to much money invested into this industry for it to fail at this point. Imagine, we are very close that even if you unhook from the grid you can still provide all your power from the sun at the same or less price then buying )or as I like to say renting) power from the utilities.
LET THE SUNSHINE IN!
I believe that we are on the cusp as an industry that no matter how loud or ornery the fossil fuel industry gets about renewables and even if they are able to lobby successfully against renewables incentives we will be able to stand on our own. For all my brethren in the industry who have trudged this long winding road Congratulations! I do believe we are about to see an explosion as an industry. There has been far to much money invested into this industry for it to fail at this point. Imagine, we are very close that even if you unhook from the grid you can still provide all your power from the sun at the same or less price then buying )or as I like to say renting) power from the utilities.
LET THE SUNSHINE IN!
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