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Grid-Tied Renewables Savings Outweigh Costs

The additional costs associated with adopting renewable energy are frequently used to argue that it is too expensive to adopt renewables. However, the National Renewable Energy Laboratory has taken a look at the costs and buy levitra online pharmacy offsets from renewable energy use and finds "The answer: the cost is http://cngnewengland.com/5mg-viagra a tiny fraction of the ultimate savings."

Although the costs for the equipment needed to integrate renewables into the existing grid are not insignificant, the associated savings in reduced fuel costs are far greater. Cycling fossil power plants to levitra now online generate power intermittently also increases wear on the buy cialis uk equipment, which leads to increased maintenance costs. But overall, the savings are far more than the increases.

The other key finding is that, as renewables continue to be integrated into the grid, the continuing costs will become smaller. Making the systems able to work with renewables connected to the grid is something that gets easier and less expensive. So, in a way, the early adopters have made an even bigger contribution to improving the energy infrastructure.

via: Ars Technica

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Comments (9)Add Comment
Why renewables?, Low-rated comment [Show]
0
Costs
written by Captain Black, November 13, 2013
Yes, it's a little expensive to use green technology, but after you install it, you get your money back, and you are helping the world.
0
Yes, But…
written by Enviro Equipment Blog, November 21, 2013
It's not the cost of tying renewables to http://www.aumm.nl/online-levitra-uk the energy grid that people are complaining about, it's the cost to produce a kilowatt of energy via wind and solar compared to fossil fuels that consumers object to. For instance, according to a 2012 report put out by the the best choice cheap viagra with fast delivery United States Department of Energy; Energy Information Administration data, the cheapest way to produce electricity is coal, oil and natural gas costs $0.44 (44 cents) per megawatt-hour whereas wind energy costs $23.37 and solar energy at $24.34.
0
...the costs are quite reasonable to work around.
written by Kalirren, November 22, 2013
To put this into perspective, let me rescale those numbers into units that are more familiar to a household consumer:

The cheapest way to produce electricity is coal, oil and natural gas which costs $0.00044 per KWh whereas wind energy costs $0.02337 and solar energy $0.02434 per KWh.

Okay, so the renewable premium is 2.5 cents per KW-h. That's about a 25% premium over the average electricity sector price where I live, and more in regions of http://meivending.com/real-viagra-without-prescription the country where energy is cheaper (which is most of them, since I live in Michigan.) It also shows just how much of energy prices are pure profit, and would be negotiable...

Up to you whether a 25% premium and declining is try it buy levitra china worth making good policy over. I think it is.
0
Energy collectors
written by Coterell & Co - Lamp Shades, December 11, 2013
I totally agree with the first paragraph. Costs compared with future savings are nothing. I love those houses projects and designs which use solar panels to http://www.aagon.de/brand-name-viagra produce energy for whole house (heating, hot water, electricity).
0
Minneapolis, MN
written by Minneapolis Web Design, January 03, 2014
yarh! it's a little expensive to use green technology, but after we install it, we may help the world. I love solar energy. We must think about futures.
0
...
written by Charles, January 15, 2014
Yes, that is the problem at first when you adopt green technology like using solar panels to lessen dependency on electricity. However, the savings outweight the costs later.
0
Solar panels
written by kristahiles, March 03, 2014
Initially the invens.nl cost seems to be high but with the passage of time, it is cost effective. Solar panels are a great way to produce electricity at a large scale as well as at homes.
0
Grid Parity
written by Abhishek Gupta, March 06, 2014
Actually solar PV has already reached grid parity in many places.

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