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New Millennium Wind Energy

Innovation and future

Future renewable
energy

Our Nmwenergy company is constantly looking forward, while being engaged in new opportunities and development prospects exploration. It’s worth mentioning that Europe is ready to choose a renewable energy sources (RES) as well as different energy systems architecture-based path. So, the renewable energy share in final consumption level is 75%, while in electricity generation is amounts 97% by 2050, according to the European Commission’s latest strategic scenario – «Energy roadmap until 2050».

California University’s and Stanford University’s showed scientists claimed over 5 years ago that the wind, water and sunlight energy could theoretically be enough for a 100% transition to renewable energy. About four million wind turbines, with a capacity of 5 MW each are required. 90 thousand solar factories as well as the ones, generating electricity directly and those, concentrating solar energy to heat the coolant. One power plant’s capacity should be 300 MW. Besides, 1.7 billion of 3-kilowatt photovoltaic coatings on the houses’ roofs will be required as well. This is an extremely simplified model, but it is clear that such tasks may be fulfilled. Be sure to note, that such assessments may be applied just to those technologies, which have already been successfully introduced and actively used today, but not the ones to be implemented in 20-30 years. These are silicon-based solar cells mastered in industry, thin-film cells based on CdTe, GaAs/Ge, existing batteries, inverters and more. We shouldn’t for new and unprecedented solutions.

The renewable energy’s high cost is actively being discussed. But today alternative energy’s cost decreased. It’s price competes with the traditional one after 2011. For example, here’s a report for 2011, provided by the California Utilities Commission, which confirms that the state signed a contract for the electricity supply with 500 MW solar power plant owners in 2012 at a price lower, than the one, used with gas companies.

The renewable energy’s high cost is actively being discussed. But today alternative energy’s cost decreased. It’s price competes with the traditional one after 2011. For example, here’s a report for 2011, provided by the California Utilities Commission, which confirms that the state signed a contract for the electricity supply with 500 MW solar power plant owners in 2012 at a price lower, than the one, used with gas companies.

European coastal wind turbines provided the current at a lower price, than the one’s cost, produced by mixed-cycle gas turbines in 2016, according to Bloomberg new Energy Finance research. Alternative energy will achieve parity with traditional energy in the next few years in both China and the United States. The United States managed to reach the grid parity, as expected in 2014. Most regions in the country have reached the grid parity in line with the average electricity prices in the residential sector in 2017.

It worth mentioning that nowadays we ​​use the machines, consuming enormous energy amounts and requiring new thermal power plants and nuclear power plants construction. So, given all resource and environmental restrictions, we may conclude that humanity will have to resolve new technologies and energy use systems creation issue, namely the ones, replacing today's generous energy consumer with the systems, reproducing wildlife. The nature both uses and stores solar energy through the photosynthesis process. We simulate the natural solar energy processing process in solar energy and tend to use a semiconductor structure model.