Renewable Energy Facts Sustainable Energy on Earth
I’ll provide some Renewable Energy Facts. There are five main forms of renewable energy: solar, wind, hydro, geothermal and bio-fuel. Solar, Hydro, Geothermal and Wind are renewable and clean. Bio-fuel is renewable but burning bio-fuel pollutes the atmosphere and releases carbon di-oxide Energy Facts- US population is 5% of the planet population; the US energy consumption is however 26% of the planet consumption
- 2 Billion people are not connected to electricity supply
- On the average, more than 75% of electricity power generation is based on burning fossils, 5% on nuclear power and 20% on renewable energy sources
- US consumers spend $200 billion annually on energy
Renewable Energy Sources Facts - For underdeveloped countries with no electrical grid (generators, transmission lines and distribution lines) the quickest and cheapest way would be distributed power production mostly based on solar electric panels
- The fastest growing renewable energy source are Wind Turbines.
- Feed-in tariffs enabled the fast grow of solar energy in Germany
- Solar thermal (water heating and space heating) is by far more cost effective than solar photovoltaics due to the high price of solar electric panels
Solar Thermal- Installing solar powered water heater can eliminate 20-25% of a developed country family electricity bill.
- The payback period of solar thermal water heater is 3-4 years and the life expectancy is 10-15 years
Residential PhotovoltaicGross price of a solar power system is $7-9 per wattThe main impediments to faster growth in residential photovoltaic power systems are price, materials availability (Silicon) and financing Government incentive (tax credits) and utility feed-in tariffs can accelerate the installation of new solar generators for homes An average home photovoltaic system size is 2kW-4kW. Life expectancy of residential solar system is more than 20 years
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