Renewable Energy: Powering a Cleaner Future

Harnessing nature's power for a sustainable and healthier planet

Solar Wind Hydro Geothermal

What is Renewable Energy?

In the face of climate change, renewable energy has emerged as a beacon of hope, offering a pathway to a sustainable and healthier planet.

Unlike fossil fuels such as coal, oil, and gas, which take millions of years to form, renewable energy is derived from natural sources that are constantly replenished—like sunlight, wind, and water—at a rate faster than we consume them 1 9 .

Most Affordable Power

Renewable energy is now the most affordable source of power in most parts of the world 1 .

Job Creation

Creates three times more jobs than the fossil fuel industry 6 .

Mainstream Renewable Technologies

Solar Energy

The most abundant energy resource, harnessed through photovoltaic panels and solar thermal technologies.

Cost down 86% since 2009

Wind Energy

Captures kinetic energy of moving air with turbines, both onshore and offshore.

~8% of global electricity

Hydropower

Largest current source of renewable electricity, using water movement from higher to lower elevations.

~15% of global electricity

Geothermal Energy

Utilizes heat from Earth's interior for electricity and heating, a mature technology operating for over a century.

Bioenergy

Produced from organic materials like wood, agricultural crops, and manure for heat and electricity.

Global Renewable Capacity

>30%

Share of global electricity generation in 2024, up from 28% in 2022 .

Global Electricity Generation by Source (2022-2024)
Energy Source Share of Global Electricity Generation (2022) Share of Global Electricity Generation (2024) Key Facts
Renewables (Total) 28% >30% The fastest-growing segment of the power sector.
Solar 4.6% ~6% (estimated) Record-breaking year for new capacity added in 2023 9 .
Wind ~7.5% (estimated) ~8% (estimated) A key driver of renewable growth alongside solar .
Hydropower ~15% ~15% (estimated) The largest source of renewable electricity currently 4 .
Fossil Fuels 62% <60% 6 Declining share but still the dominant source.

Why the Shift to Renewables is Crucial

Climate Change Mitigation

The energy sector is the largest source of global greenhouse gas emissions 6 . Renewable energy sources produce little to no greenhouse gases during operation, making them key to achieving global net-zero targets 1 6 .

Economic and Job Growth

In 2023, the renewable energy sector employed 16.2 million people worldwide. For every dollar invested, renewables create three times as many jobs as the fossil fuel industry 6 9 .

Improved Public Health

Air pollution from burning fossil fuels is associated with 7 million premature deaths annually. A shift to clean energy can save trillions in global health costs each year 6 9 .

Energy Security

About 80% of the global population lives in countries that are net-importers of fossil fuels. Renewable energy sources are available in all countries, allowing for greater energy independence and stability 6 .

Comparative Cost of Energy Sources (Unsubsidized)
Energy Resource Unsubsidized Levelized Cost of Energy (LCOE)* Notes
Wind (Onshore) $24 - $75 / MWh Often the cheapest new-build option in many regions 4 .
Solar PV (Utility Scale) $24 - $96 / MWh Costs have decreased by 86% between 2009 and 2019 4 8 .
Natural Gas $39 - $101 / MWh Cost fluctuates with fuel prices 4 .
Coal $68 - $166 / MWh Increasingly uncompetitive with renewables 4 .
Wind (Offshore) $72 - $140 / MWh Higher cost but with greater potential capacity 4 .
Nuclear $141 - $221 / MWh High capital and maintenance costs 4 .

Innovation in Action: Floating Wind Farms

Floating Wind Turbines
Hywind Scotland Project

The world's first commercial floating wind farm, demonstrating the viability of accessing wind resources in deep waters 5 .

Methodology and Procedure

Site Selection

A location off the coast of Scotland was chosen for its strong and consistent wind speeds and water depths of over 100 meters 5 .

Turbine Design and Anchoring

Turbines mounted on floating structures ballasted for stability and anchored to the seabed with multiple mooring lines 5 .

Deployment and Grid Integration

Turbines assembled onshore and towed to sea, with electricity transmitted via underwater cables to the national grid 5 .

Results and Analysis

Higher

Capacity Factor

Floating turbines access stronger, more consistent winds further offshore 5 .

Proven

Commercial Viability

Success paved the way for larger floating wind projects worldwide 5 .

Reduced

Visual Impact

Located further from shore, addressing concerns about coastal landscapes.

The Scientist's Toolkit

Key technologies driving the energy transition

Photovoltaic (PV) Cells

Convert sunlight directly into electrical energy using semiconductors like silicon 1 .

Electrolyzers

Use electricity to split water into hydrogen and oxygen, producing green hydrogen 5 .

Advanced Batteries

Store electrical energy chemically to manage intermittency of solar and wind power 5 .

AI & Digital Twins

Create virtual models to simulate, optimize, and predict performance of energy systems 2 .

Nickel-Based Catalysts

Accelerate chemical reactions for new forms of recycling and fuel production 2 .

Nanoparticle 'Megalibraries'

Allow rapid testing and discovery of new materials with specific properties 2 .

The Future of Renewable Energy

Advanced Energy Storage

Development of better batteries and green hydrogen is critical to providing a stable and reliable power supply, even when the sun isn't shining or the wind isn't blowing 5 .

AI and Big Data

Artificial intelligence is being used to optimize performance and maintenance of renewable energy systems, making them more efficient and cost-effective 2 5 .

Floating Solar Farms

Installing solar panels on water bodies reduces land use conflicts and improves panel efficiency due to the cooling effect of water 5 .

Green Hydrogen

Produced using renewable electricity, green hydrogen is poised to decarbonize hard-to-electrify sectors like heavy industry, long-haul transport, and aviation 2 5 .

A Collective Power Source

The transition to renewable energy is more than a technical shift; it is a transformation that promises a healthier, more secure, and prosperous world. Renewables are not only combating climate change but are also democratizing energy, creating jobs, and cleaning the air we breathe 6 9 .

While challenges like intermittency, grid integration, and the need for critical minerals remain, the solutions are within reach through continued research, supportive policies, and global cooperation 4 . The future of energy is clean, distributed, and intelligent—and it is being built today.

References