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Renewable Energy

The document discusses renewable energy and its importance for the future. Renewable energy is clean, inexhaustible, and highly competitive. It does not produce greenhouse gases like fossil fuels. Renewable energy represents almost half of new electricity generation capacity and its share of final energy consumption will increase significantly by 2040.

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Janani Nagarajan
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23 views2 pages

Renewable Energy

The document discusses renewable energy and its importance for the future. Renewable energy is clean, inexhaustible, and highly competitive. It does not produce greenhouse gases like fossil fuels. Renewable energy represents almost half of new electricity generation capacity and its share of final energy consumption will increase significantly by 2040.

Uploaded by

Janani Nagarajan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Renewable Energy and Future

Renewable energy and their environmental impact are at the forefront of many political and
social conversations around the world. Renewable energy is a clean, inexhaustible, and highly
competitive source of energy. They are distinguished from fossil fuels mainly by their versatility,
their abundance, and their potential for use anywhere on the planet, but above all they do not
produce greenhouse gases or polluting emissions that cause climate change.
Their costs are also falling and at a sustainable rate, while the trend in overall fossil fuel costs is
in the opposite direction despite the current volatility. The growth of clean energy is
unstoppable, as annual statistics from the International Energy Agency (IEA) show. They
represent almost half of all new generation capacity installed making it the second largest
source of electricity in the world According to the IEA, global electricity demand will increase by
70% by 2040, and the share of final energy consumption will increase from 18% to 24 % over
the same period. It is mainly driven by the emerging economies of India, China, Africa and the
Middle East and South East Asia.
Why are renewables important for the future?
Of course, it's that easy and complicated. The obvious reason is that the low-end sources are
ready to go. Many experts estimate that we could run out of fossil fuels in the next 100 years
and burn other materials for energy. Another reason why it is so important to use renewable
energy sources is that when all non-renewable energy sources are converted to energy, it
destroys the earth, pollutes the atmosphere, plants, animals, making human life difficult. The
air pollutants and smog in our cities cause allergies, asthma symptoms, and even lung disease.
Climate change, acid rain and physical damage to the environment are also major negative
impacts caused by continued dependence on fossil fuels.

Advantages of renewable energy


Reverse climate change
Renewable energy is the cleanest and most viable solution to prevent environmental
degradation because it does not emit greenhouse gases during energy production.
Inexhaustible
Compared to conventional energy sources with limited reserves such as coal, gas, oil and
nuclear— clean energy is available just like the sun and adapts to the natural cycle, hence
renewable. This will be an integral part of a sustainable energy system that enables today's
development without endangering future generations.

Energy Dependence Reduction


Naturally lean energy sources empower the local economies and brings benefits asserting their
meaning of the term "energy independent". Reliance on imported fossil fuels can lead to
dependence on the short-term economic and political goals of the supplier and can jeopardize
the security of the energy supply. Around the world, there are renewable resources (wind, sun,
water, organic matter, etc.) that can be used to produce energy in a sustainable way.
Intensifying competition
Renewable energies, especially wind and solar, are cheaper than traditional energies in most of
today's world.

Conclusion
Major renewable technologies such as wind and solar have significantly reduced costs and are
becoming the most efficient way to generate electricity in more and more markets. Economies
of scale and innovation have made renewable energy the most sustainable solution for moving
the world at incredible speeds, both from an environmental and an economic point of view.
Favourable political horizon
The international community understands its obligation to support the transition to a low-
carbon economy to ensure a sustainable future for the planet. The international consensus in
support of the "decarbonisation" of the economy provides a very favourable framework for
promoting clean energy technology.

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