billp37

Chinese Lawmakers' New Renewable Energy Policy Will Benefit Solar Companies

"At present, PNM residential customers pay about 8.03 cents per kWh from PNM. It costs about 25 cents per kWh, or more, to generate electricity using a photovoltaic system not considering any state or federal tax incentives to reduce the initial cost of the PV system."

...

The high cost of 25 cents per kWh is a direct consequence of the high up-front cost for the photovoltaic system. Most people who purchase an inter-connected PV system do so to invest in a clean, renewable energy technology because they are concerned about the impacts of conventional power sources on our environment."

www.pnm.com/customers/...

This Week in Renewable Energy

Fast Neuton writes

"From actual experience, wind farms produce 1.2 watts per square meter. Solar Thermal and Photovoltaic methods capture 5 to 6 watts per square meter. There is no economy of size in either technology. Dividing the watts you need by those values gives the land area in square meters needed to produce the juice. The numbers are astronomical."

www.topix.net/forum/so...

I write

"There is a LOT OF MONEY to be made developing and selling alternate generation facilities to those who do not understand the laws of thermodynamics, HEAT RATE, and CAPACITY FACTOR. "

Seven New Developments in Renewable Energy

"The plant will have a capacity of 400 megawatts according to a Bloomberg report." ...

"total annual production capacity of over 1,125MW of wind turbines" ...

"66MW on-grid photovoltaic project" ...

"China's wind energy capacity has reached 1GW in 2008" ....

"generate 3.6 gigawatts of energy which could provide power for up to 5m homes from 2012"

Peak generating capability is important.

But we think the concept of CAPACITY FACTOR is also important.

www.google.com/search?...

Fine to report kilo-, mega-, or gigwatts but kilo-, mega-, gigawatt HOURS probably should be reported too?