Tag: renewable energy
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How Efficient Is Wind Energy?
The efficiency of wind energy depends on a number of factors, including the size and design of the wind turbine, the wind speed and direction, and the location of the turbine. Wind turbines are designed to capture the kinetic energy of the wind and convert it into electricity. The efficiency of a wind turbine is […]
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How Efficient Is Solar Energy?
Solar energy efficiency has dramatically improved over the last decade. The panel technology, location, and installed angle can impact overall production and consistency. Solar photovoltaic (PV) panels, which are the most common type of solar panels, can have a conversion efficiency of around 15-20%, although more advanced panels can reach efficiencies of up to 24%. […]
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What Are Renewable Energy Credits?
Renewable Energy Credits (RECs) are tradable instruments that represent proof that one megawatt-hour (MWh) of electricity was generated from a renewable energy source. RECs can be bought and sold to help finance the development of renewable energy projects and to encourage the use of clean energy. Usually when electricity is generated from a renewable energy […]