renewable energy

Renewable energy (also called green energy) is energy made from renewable natural resources that are replenished on a human timescale. The most widely used renewable energy types are solar energy, wind power, and hydropower. Bioenergy and geothermal power are also significant in some countries. Renewable energy installations can be large or small and are suited for both urban and rural areas. Renewable energy is often deployed together with further electrification. This has several benefits: electricity can move heat and vehicles efficiently and is clean at the point of consumption. Variable renewable energy sources are those that have a fluctuating nature, such as wind power and solar power. In contrast, controllable renewable energy sources include dammed hydroelectricity, bioenergy, or geothermal power.

Percentages of various types of sources in the top renewable energy-producing countries across each geographical region in 2023 Renewable energy systems have rapidly become more efficient and cheaper over the past 30 years. A large majority of newly installed worldwide electricity capacity is now renewable. Renewable energy sources, such as solar and wind power, have seen significant cost reductions over the past decade, making them more competitive with traditional fossil fuels. In some geographic localities, photovoltaic solar or onshore wind is the cheapest new-build electricity. From 2011 to 2021, renewable energy grew from 20% to 28% of the global electricity supply. Power from the 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 2024, renewables accounted for over 30% of global electricity generation and are projected to reach over 45% by 2030. 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.