Renewable energy utilizes natural resources such as sunlight,
wind, tides and geothermal heat, which are naturally
replenished. Renewable energy technologies range
from solar power, wind power, and hydroelectricity
to biomass and biofuels for transportation.
About 13 percent of
primary energy comes from renewables although the
technical potential for their use is very large,
exceeding all other readily available sources.
Renewable energy technologies are sometimes
criticised for being unreliable or unsightly, yet the market is growing
for many forms of renewable energy.
Wind power has a worldwide installed capacity
of 74,223 MW and is widely used in several European countries and the USA.
The manufacturing output of the photovoltaics
industry reached more than 2,000 MW per year in 2006, and PV power plants
are particularly popular in Germany.
Solar thermal power stations operate in the
USA and Spain, and the largest of these is the 354 MW SEGS power plant in
the Mojave Desert.
The world's largest geothermal power
installation is The Geysers in California, with a rated capacity of 750
MW.
Brazil has one of the largest renewable
energy programs in the world, involving production of ethanol fuel from
sugar cane, and ethanol now provides 18 percent of the country's
automotive fuel.
Ethanol fuel is also widely available in the
USA.
While there are many large-scale renewable
energy projects, renewable technologies are also suited to small off-grid
applications, sometimes in rural and remote areas, where energy is often
crucial in human development.
Kenya has the world's highest household solar
ownership rate with roughly 30,000 small (20-100 watt) solar power systems
sold per year.
Climate change concerns coupled with high oil
prices and increasing government support are driving increasing renewable
energy commercialization. Investment capital flowing into renewable energy
climbed from $80 billion in 2005 to a record $100 billion in 2006.
Some very large corporations such as BP, GE,
Sharp, and Shell are investing in the renewable energy sector
Resources:
World of Renewables Technology centre