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Investing in Renewable Energy
There is a range of renewable energy technologies that are now available for domestic use which can help you meet your energy requirements. These make use of the sun, wind or renewable fuels to generate heat and electricity. But how reliable are these technologies? How much energy can they actually harness? What are the costs and most importantly what is the payback time on your investment? This section provides an overview of the different technologies available and gives an impartial view on the benefits and costs of each.

Solar Photovoltaic’s

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The terms solar energy and solar power are often used to describe technologies which collect the energy of the sun and redistribute it for our use.   These terms are however a little ambiguous.  For example, solar energy effectively drives our whole planet, wind, wave and fossil fuels could ultimately be regarded as solar energy.   For the purposes of this site our only concern is for solar energy that can be collected directly by our dwelling and used to, for example, heat water or to drive our electric devices.  For this article only Solar Photovoltaic power generation is considered.  Please follow the link to take a look at Solar hot water.

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Solar Hot Water

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What is Solar hot Water?

 

The terms solar energy and solar power are often used to describe technologies which collect the energy of the sun and redistribute it for our use.  These terms are however a little ambiguous.  For example, solar energy effectively drives our whole planet, wind, wave and fossil fuels could ultimately be regarded as solar energy.   For the purposes of this site our only concern is for solar energy that can be collected directly by our dwelling and used to, for example, heat water or to drive our electric devices.  For this article on solar thermal hot water is considered.  Please follow the link to take a look at Solar Photovoltaic’s

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Wind Power

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This article is only concerned with wind turbines that can be sensibly added to a residential home.  Unlike other forms of renewable energy, wind power requires very little explanation.  Most of us will understand that the wind rotates a wind turbine generating electricity.    The question addressed here is how effective are they and are they worth the investment.  To work out how much energy you may generate you need to know how windy it is in your area, and there are several resource on the internet to do this, just do a Google search, or have a look the site by the  Department for Business, Enterprise & Regulatory Reform (BERR) it has a good resource for this, please follow the following  link.

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Heat Pumps

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For those interested it operates in a similar way to a refrigerator working in reverse, it works on the principle of the vapour compression cycle within the pump.  There is a volatile fluid known as a refrigerant. The refrigerant in the evaporator is heated by the heat source this causes it to turn into a gas. The gas then passes through the compressor; the compressor increases its pressure and causes its temperature to rise. The hot gas then moves to the condenser where it is condensed back into a liquid and in doing so it releases heat into the house via a distribution system. The refrigerant is then allowed to expand back to a low pressure through the expansion valve and pass back to the evaporator where it repeats the cycle in a closed loop.

What are they?

There are three main types, these are:-

  • Ground Source Heat Pump (GSHP),
  • Water Source Heat Pump (WSHP), and
  • Air Source Heat Pump (ASHP)

They function by extracting heat from the ground the water or the air respectively and releasing that heat energy at a higher temperature within a building.   All heat pumps consume energy usually in the form of electricity to operate the pump that is required to transfer the heat.  They can supply all the heating you would require, and ground source systems are the most effective.  To compare the performance of heat pump the term coefficient of performance is used (COP) and it described the ratio of heat movement to energy input.  In the table below the Best Average COP is used.  This a seasonal average, since air source and water source vary in performance with the temperature of the environment.  For ground source the underground temperature is however remarkably constant all year.

It should also be noted that you will need a reasonable amount of land for an effective GSHP, unless you drill down, and for a water source heat pump a body of water is essential!

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Site Guidance

All calculations on this site are based on current fuel prices they are checked regularly are automatically updated and were last changed on:-
1th February 2012
For complete clarity, all calculation using current fuel prices are coloured red.
The costs calculated based on these fuel prices should be regarded as 'good estimates', given that fuel prices vary in different parts of the county and at different time of the year.
The calculations also have different levels of accuracy depending on the nature of the calculation. For example calculating the energy use of a known power output TV is very easy compared to calculating the effect on energy savings when insulating a cavity wall.

Android Phone App

android energy app

We now have a bit of fun energy calculator app for android phone, click the link to find out more. Link to app

Site Symbols

Icons are also used throughout the site to indicate the level of saving or the relative cost implications associated with an choice you might make, or a tip you read or related to how your house is currently configured. These icons below.
pence lowest priority
£ 10+ Think twice, perhaps you should focus elsewhere first
£ 100+ Worth doing
£ 1000+ Focus your effort here to save as much money as possible

In some areas there are some substantial investments you may choose to make, in sections describing these we indicate with two icons, thumbs up or down, if the investment is a good one. Payback in less than 15 years is regarded as reasonable, but longer that that poor. These icons are below.
less than 15 years to payback investment
More than 15 years to payback the investment

Site Units

The main units used in this site are in the table below, For a complete explanation of any of these Wikipedia is an excellent resource.

Unit Name Detail
W Watt Unit of Power
kW Kilowatt 1000 watts
kWh Kilowatt hour Measure of Energy
L Litre Measure of Volume

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World Power Production

This is the best world enery graphic and simulation tool we have come across so we have put it on the home page! Wish we had done it.

world power generation graph coal oil gas solar wind nuclear biomass

Electrical Energy Cost Calculator

Power (Watts)
Time (Hours)

Comments, category: "Investing in Renewable Energy"


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