RENEWABLE ENERGY

RENEWABLE ENERGY

Renewable energy is energy that is collected from renewable resources that are naturally replenished on a human timescale.[clarification needed] It includes sources such as sunlight, wind, the movement of water, and geothermal heat.[2] Although most renewable energy sources are sustainable, some are not. For example, some biomass sources are considered unsustainable at current rates of exploitation.[3][4] Renewable energy often provides energy for electricity generation to a grid, air and water heating/cooling, and stand-alone power systems. Renewable energy technology projects are typically large-scale, but they are also suited to rural and remote areas and developing countries, where energy is often crucial in human development.[5][6] Renewable energy is often deployed together with further electrification, which has several benefits: electricity can move heat or objects efficiently, and is clean at the point of consumption.[7][8] In addition, electrification with renewable energy is more efficient and therefore leads to significant reductions in primary energy requirements.

From 2011 to 2021, renewable energy has grown from 20% to 28% of global electricity supply. Fossil energy shrunk from 68% to 62%, and nuclear from 12% to 10%. The share of hydropower decreased from 16% to 15% while power from sun and wind increased from 2% to 10%. Biomass and geothermal energy grew from 2% to 3%. There are 3,146 gigawatts installed in 135 countries, while 156 countries have laws regulating the renewable energy sector.[10] [11] In 2021, China accounted for almost half of the global increase in renewable electricity.

Globally there are over 10 million jobs associated with the renewable energy industries, with solar photovoltaics being the largest renewable employer.[13] Renewable energy systems are rapidly becoming more efficient and cheaper and their share of total energy consumption is increasing,[14] with a large majority of worldwide newly installed electricity capacity being renewable.[15] In most countries, photovoltaic solar or onshore wind are the cheapest new-build electricity.

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