Why have over 1.5 million Americans invested in solar? Surveys taken over the last ten years confirm that the vast majority of owners (94% or more) consider that investment a wise decision. Consumer investment and satisfaction have spawned a small but growing solar hot water (SHW) industry here in the U. S. that is providing even broader benefits to our nation and has the potential to contribute much more. Clean and Safe Solar hot water systems in use today produce approximately 1000 megawatts of energy annually. That is the equivalent of two medium-sized coal plants. The life-cycle costs of SHW systems are about the same as gas and far better than electric water heating systems. Readily Available Resource The U. S. Department of Energy estimates that Americans consume approximately 2.5 quads of end-use energy annually to produce hot water at a cost of over $20 billion dollars. Solar energy currently provides only a tiny fraction of that demand, but huge portions of our country possess sufficient insolation to produce much greater quantities of energy. Enough sunlight reaches the earth’s surface each yearto produce approximately 1000 times the same amount of energy produced by burning all fossil fuels mined and extracted during the same period. Sunlight does not have to be explored, mined, extracted, transported, combusted, transmitted — or imported. Quality, Reliability, Durability Solar water heating technology, pioneered in the U. S., is the oldest and most developed of all renewable energy systems. Modern solar water heating systems can provide a large portion (40 - 80%) of household hot water demand depending on local climate conditions and the size and type of system. Most systems pay for themselves in four to sevenyears and continue to provide hot water for many years thereafter. Much of the United States receives abundant sunshine, making solar hot water Solar pool heating often provides an even better investment. Payback can be as low as two years and the solar system can extend the swimming season by several weeks without additional cost. Many homeowners have regretted the purchase of a conventional pool heating system after receiving their first utility bill. Another cost-efficient application for solar energy is preheating ventilation air for commercial and industrial facilities. The vast majority of U. S. manufacturers of solar equip ment voluntarily comply with national consensus standards devel oped by the Solar Rating and Certification Corporation (SRCC). The SRCC tests and certifies collectors as well as complete systems for performance, reliability and durability. In addition, manufacturers and installers comply with the SRCC’s strict requirements for proper installation, labeling and homeowner information regarding operation and maintenance. Assurances of performance and quality are backed by warranties that in many cases exceed the guarantees of other household appliances.
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Benefits of Going Solar
Friday, October 10, 2008 at 9:19 PM Posted by karthikeyan
China Plans for 30% Renewable Energy by 2050
at 9:08 PM Posted by karthikeyan
In the June 2007 issue of the China Renewable Energy and Sustainable Development Report from Lou Schwartz, recent developments in renewable energies in China offer insight into that country's burgeoning challenges between population, energy and the environment. "Between 2005 and 2030, China will account for 23% of the world's investment in power, spending $1.2 trillion U.S.D. in that period." "Between 2005 and 2030, China will account for 23% of the world's investment in power, spending $1.2 trillion U.S.D. in that period," Schwartz notes. "China's ambitious growth target for renewable energy production will require an investment of approximately 800 billion Yuan (~$100 billion U.S.D.) by 2020. In the long term China has set an objective of having 30% or more of its total energy requirements satisfied by renewable sources by 2050." Current business opportunities, foreign participation, relevant conferences, and production and consumption are also discussed in this month's China Renewable Energy and Sustainable Development Report. The in-depth report examines developments across China's renewable energy industry, as seen in these excerpts: - Solar: "The Chinese government has recently announced that large new buildings will all utilize photovoltaic power generating technology." - Wind: "Researchers at the Jiangsu Province Macroeconomic Research Institute have advocated that large-scale wind power should be directly used to provide electric power to industries, which are large consumers of power." - Hydropower: "In 2007 there will be another 500 MW of small to medium sized hydroelectric power generating capacity constructed in Guangxi Province." - Biomass, Biofuels: "China hasn't yet standardized its macro-economic policies with respect to the bio-diesel industry, but it is now formulating and will soon..." - Laws and Policies: "These sets of issues include the fact that there are more than 10 million Chinese who do not have access to electric power and the often-spotty access to power among tens of millions of other rural Chinese."
-- China Renewable Energy and Sustainable Development Report, June 2007
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