Renewable energy systems have rapidly become more efficient and cheaper over the past 30 years. A large majority of worldwide newly installed electricity capacity is now renewable. In most countries, photovoltaic solar or onshore wind are the cheapest new-build electricity. From 2011 to 2021, renewable energy grew from 20% to 28% of global electricity supply. Power from sun and wind accounted for most of this increase, growing from a combined 2% to 10%. Use of fossil energy shrank from 68% to 62%. In 2022, renewables accounted for 30% of global electricity generation, and are projected to reach over 42% by 2028. Many countries already have renewables contributing more than 20% of their total energy supply, with some generating over half or even all their electricity from renewable sources.
The main motivation to replace fossil fuels with renewable energy sources is to slow and eventually stop climate change, which is widely agreed to be caused mostly by greenhouse gas emissions. In general, renewable energy sources cause much lower emissions than fossil fuels. The International Energy Agency estimates that to achieve net zero emissions by 2050, 90% of global electricity generation will need to be produced from renewable sources. Renewables also cause much less air pollution than fossil fuels, improving public health, and are less noisy.
The deployment of renewable energy still faces obstacles, especially fossil fuel subsidies, lobbying by incumbent power providers, and local opposition to the use of land for renewables installations. Like all mining, the extraction of minerals required for many renewable energy technologies also results in environmental damage. In addition, although most renewable energy sources are sustainable, some are not. For example, some biomass sources are unsustainable at current rates of exploitation. (Full article...)
Investment: Companies, governments and households have been committing increasing amounts to decarbonization, including renewable energy (solar, wind), electric vehicles and associated charging infrastructure, energy storage, energy-efficient heating systems, carbon capture and storage, and hydrogen.
Public policy and political leadership helps to "level the playing field" and drive the wider acceptance of renewable energy technologies. Countries such as Germany, Denmark, and Spain have led the way in implementing innovative policies which has driven most of the growth over the past decade. As of 2014, Germany has a commitment to the "Energiewende" transition to a sustainable energy economy, and Denmark has a commitment to 100% renewable energy by 2050. There are now 144 countries with renewable energy policy targets.
Renewable energy continued its rapid growth in 2015, providing multiple benefits. There was a new record set for installed wind and photovoltaic capacity (64GW and 57GW) and a new high of US$329 Billion for global renewables investment. A key benefit that this investment growth brings is a growth in jobs. The top countries for investment in recent years were China, Germany, Spain, the United States, Italy, and Brazil. Renewable energy companies include BrightSource Energy, First Solar, Gamesa, GE Energy, Goldwind, Sinovel, Targray, Trina Solar, Vestas, and Yingli. (Full article...)
"The variability of sun, wind and so on, turns out to be a non-problem if you do several sensible things. One is to diversify your renewables by technology, so that weather conditions bad for one kind are good for another. Second, you diversify by site so they're not all subject to the same weather pattern at the same time because they're in the same place. Third, you use standard weather forecasting techniques to forecast wind, sun and rain, and of course hydro operators do this right now. Fourth, you integrate all your resources — supply side and demand side..." – Amory Lovins
"Because the wind blows during stormy conditions when the sun does not shine and the sun often shines on calm days with little wind, combining wind and solar can go a long way toward meeting demand, especially when geothermal provides a steady base and hydroelectric can be called on to fill in the gaps". – Mark Z. Jacobson and Mark A. Delucchi. Scientific American, November 2009, p. 43.
... that the Cragsidecountry house in Northumberland, England was the first house in the world to be lit using hydroelectric power? In 1870, water from one of the estate's lakes was used to drive a Siemensdynamo in what was the world's first hydroelectric power station. The resultant electricity was used to power an arc lamp installed in the Gallery in 1878.
Image 6A turbine blade convoy passing through Edenfield in the U.K. (2008). Even longer 2-piece blades are now manufactured, and then assembled on-site to reduce difficulties in transportation. (from Wind power)
Image 7Enhanced geothermal system 1:Reservoir 2:Pump house 3:Heat exchanger 4:Turbine hall 5:Production well 6:Injection well 7:Hot water to district heating 8:Porous sediments 9:Observation well 10:Crystalline bedrock (from Geothermal energy)
Image 8Merowe Dam in Sudan. Hydroelectric power stations that use dams submerge large areas of land due to the requirement of a reservoir. These changes to land color or albedo, alongside certain projects that concurrently submerge rainforests, can in these specific cases result in the global warming impact, or equivalent life-cycle greenhouse gases of hydroelectricity projects, to potentially exceed that of coal power stations. (from Hydroelectricity)
Image 9Electricity generation at Poihipi, New Zealand (from Geothermal energy)
Image 19Solar water heaters facing the Sun to maximize gain (from Solar energy)
Image 20Acceptance of wind and solar facilities in one's community is stronger among U.S. Democrats (blue), while acceptance of nuclear power plants is stronger among U.S. Republicans (red). (from Wind power)
Image 21Museum Hydroelectric power plant "Under the Town" in Užice, Serbia, built in 1900. (from Hydroelectricity)
Image 31The Warwick Castle water-powered generator house, used for the generation of electricity for the castle from 1894 until 1940 (from Hydroelectricity)
Image 32Parabolic dish produces steam for cooking, in Auroville, India. (from Solar energy)
Image 34Cost development of solar PV modules per watt (from Solar energy)
Image 35Share of electricity production from hydropower, 2022 (from Hydroelectricity)
Image 36The Hoover Dam in the United States is a large conventional dammed-hydro facility, with an installed capacity of 2,080 MW. (from Hydroelectricity)
Image 37Global geothermal electric capacity. Upper red line is installed capacity; lower green line is realized production. (from Geothermal energy)
Image 40Wind turbines such as these, in Cumbria, England, have been opposed for a number of reasons, including aesthetics, by some sectors of the population. (from Wind power)
Image 46Typical components of a wind turbine (gearbox, rotor shaft and brake assembly) being lifted into position (from Wind power)
Image 47Distribution of wind speed (red) and energy (blue) for all of 2002 at the Lee Ranch facility in Colorado. The histogram shows measured data, while the curve is the Rayleigh model distribution for the same average wind speed. (from Wind power)
Image 53Seasonal cycle of capacity factors for wind and photovoltaics in Europe under idealized assumptions. The figure illustrates the balancing effects of wind and solar energy at the seasonal scale (Kaspar et al., 2019). (from Wind power)
Image 56Geothermal power station in the Philippines (from Geothermal energy)
Image 57Krafla Geothermal Station in northeast Iceland (from Geothermal energy)
Image 58Wind turbine floating off France (from Wind power)
Image 59Concentrated solar panels are getting a power boost. Pacific Northwest National Laboratory (PNNL) will be testing a new concentrated solar power system – one that can help natural gas power plants reduce their fuel usage by up to 20 percent.[needs update] (from Solar energy)
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![Image 59Concentrated solar panels are getting a power boost. Pacific Northwest National Laboratory (PNNL) will be testing a new concentrated solar power system – one that can help natural gas power plants reduce their fuel usage by up to 20 percent.[needs update] (from Solar energy)](view_image.php?q=Portal:Renewable_energy&sq=Yale_school_of_management&lang=en&file=File:Photo_of_the_Week-_Boosting_Solar_Technology_(8722948189).jpg)
