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Discover if renewables like solar and wind are suitable for your area. Learn about solar energy industries & wind power growth. Understand how solar and wind work, optimal installation sites, and cost comparisons. Calculate payback time for a solar PV system with real-life examples. Stay informed and make wise energy choices with this comprehensive guide.
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Solar – Small but Growing Solar Energy Industries Association, Market Insight Report – 2011 Year In Review
Location, Location • Mount type • 10 watts per square foot • Usable roof space • Tilt, azimuth
Location, Location Part II • Power in the wind • Effect of air density, • Effect of swept area, A • Effect of wind speed, V Power in the Wind = ½ρAV3 R
Effect of wind speed on production • Same turbine, two different wind regimes: • Yampa (8.3 mph) • 1,200 kWh/year • Sheep Mtn: (18.4 mph) • 6,500 kWh/year
Costs US DOE Solar Wind
Costs II Solar Wind
Costs III Looney and Greenstone, “Paying Too Much for Energy”, Daedalus, 2012
Payback: An Example • A solar PV system costs $8,000 • It will generate 5,000 kWh of free electricity every year • Each kWh currently costs $0.10 • How many years will it take to get back the $8,000?