Renewable Energy

Renewable Energy is any energy resources that is generated from natural processes, and continuously replenished or naturally and constantly regenerated over a short time scale. The Renewable Energy resources are sunlight, geothermal heat, wind, tides, water, and various forms of biomass, but do not include energy resources derived from fossil fuels, waste products from fossil sources, or inorganic sources. The Renewable Energy technologies range from Solar Energy; Wind Power; Geothermal Energy; Biomass; Hydropower (or Hydroelectric Power); Ocean Energy (Tidal Energy; Wave Energy); Hydrogen Fuel Cell; Fusion Energy, etc.

Related Definitions in the Project: The Renewable Energy; Energy Definitions; Project; Engineering

Example Articles of Renewable Energy:

U.S. Renewables Capacity To Soar With The Inflation Reduction Act (Source: Oil Price on 16 September 2023): The Inflation Reduction Act (IRA) is spurring a land rush for development sites and giving impetus to clean energy equipment manufacturing in the United States, which could see annual renewable capacity additions triple to 110 gigawatts (GW) in ten years, according to Wood Mackenzie. Despite supply-chain and tariff challenges unrelated to the IRA and despite the fact that developers are still waiting for clarity on some of the IRA provisions, the benefits of the landmark climate law have started to manifest themselves, clean energy associations say. “There are still challenges that remain, but overall, low-cost renewables present a major opportunity for investment, and we project annual capacity additions in 10 years to nearly triple what they are now,” Chris Seiple, Vice Chairman of Wood Mackenzie’s Power & Renewables group, said at the RE+ conference in Las Vegas this week, as carried by Electrek. ... 

Renewable Energy Consumption Has Tripled In 10 Years (Source: Oil Price on 29 August 2021): Renewable energy was the one category that bucked the global trend of declining energy consumption in 2020. Despite the 4.5% decline of primary global energy consumption — the largest since World War II — global renewable energy consumption grew by 9.7% in 2020. That was a slight decline from its 12.2% pace the year before, but it’s remarkable given how significantly the pandemic impacted total energy demand. Over the past decade, renewable energy consumption has grown at an average annual rate of 13.4%. Renewables were the only category of energy that grew globally at double digits over the past decade. For perspective, in 2010 the world consumed 9.6 exajoules of renewable energy. In 2020, that had tripled to 31.7 exajoules. ...

The Renewable Energy Waste Crisis Is Much Worse Than You Think (Source: Oil Price on 22 July 2021): Waste disposal is not a popular topic of discussion in the media when it comes to renewable energy. Most of the coverage that solar and wind power is getting is strongly positive, with a focus on falling costs and rising efficiencies, as well as government plans for huge increases in installed capacity. Yet problems tend to lurk and wait to spring up. Now, the waste problem is springing up. The International Renewable Energy Agency estimated in 2016 that unless we made significant changes to our treatment of solar panels, they could add up to 78 million tons of waste. The IRENA did not phrase it this way. It said that "recycling or repurposing solar PV panels at the end of their roughly 30-year lifetime can unlock an estimated stock of 78 million tonnes of raw materials and other valuable components globally by 2050." ...

The Renewable Energy Revolution Has A Major Employment Problem (Source: Oil Price on 14 June 2021): Renewable energy is going gangbusters. The “remarkable and unstoppable growth of green energy” has been on the horizon for a long time now, with technologies like wind and solar becoming competitively cost-effective and even cheaper than some fossil fuels in most of the world, electric cars becoming more and more accessible and mainstream, and as more consumers become more concerned about their own personal carbon footprint’s role in the warming of the planet.  While the global clean energy transition has been a long time coming, we seem to have reached a tipping point, going from far-off aspirations and pleading from environmentalists and climate scientists to an in-earnest, urgent movement over the course of 2020. The move towards renewables was undoubtedly catalyzed by the spread of the novel coronavirus, which brought the usually unstoppable momentum of industrial and economic business as usual to a screeching halt at the beginning of last year. As demand for fossil fuels lagged and the bottom fell out of the petroleum market, it seemed possible, for the first time in recent memory and perhaps even since the industrial revolution, to redirect the trajectory of the global economy away from oil, coal, and gas and toward a greener, more renewable future. ...

Posted in Renewable Energy and tagged , , , , .

ThePD (The Project Definition)

ThePD has been developing the Preferred Project Definitions based on the actual project execution and operation experiences and knowledge with the Project Language, and sharing with you daily basis.