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Future Green Energy: A Global Analysis

Author

Listed:
  • Sairoel Amertet Finecomess

    (Department of Mechanical Engineering, Mizan Tepi University, Mizan Aman P.O. Box 121, Ethiopia)

  • Girma Gebresenbet

    (Department of Energy and Technology, Swedish University of Agricultural Sciences, P.O. Box 7032, 750 07 Uppsala, Sweden)

Abstract

The main problem confronting the world is human-caused climate change, which is intrinsically linked to the need for energy both now and in the future. Renewable (green) energy has been proposed as a future solution, and many renewable energy technologies have been developed for different purposes. However, progress toward net zero carbon emissions by 2050 and the role of renewable energy in 2050 are not well known. This paper reviews different renewable energy technologies developed by different researchers and their potential and challenges to date, and it derives lessons for world and especially African policymakers. According to recent research results, the mean global capabilities for solar, wind, biogas, geothermal, hydrogen, and ocean power are 325 W, 900 W, 300 W, 434 W, 150 W, and 2.75 MWh, respectively, and their capacities for generating electricity are 1.5 KWh, 1182.5 KWh, 1.7 KWh, 1.5 KWh, 1.55 KWh, and 3.6 MWh, respectively. Securing global energy leads to strong hope for meeting the Sustainable Development Goals (SDGs), such as those for hunger, health, education, gender equality, climate change, and sustainable development. Therefore, renewable energy can be a considerable contributor to future fuels.

Suggested Citation

  • Sairoel Amertet Finecomess & Girma Gebresenbet, 2024. "Future Green Energy: A Global Analysis," Energies, MDPI, vol. 17(12), pages 1-17, June.
    • Handle: RePEc:gam:jeners:v:17:y:2024:i:12:p:3039-:d:1418769
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    References listed on IDEAS

    as
    1. Khan, Faridoon & Muhammadullah, Sara & Sharif, Arshian & Lee, Chien-Chiang, 2024. "The role of green energy stock market in forecasting China's crude oil market: An application of IIS approach and sparse regression models," Energy Economics, Elsevier, vol. 130(C).
    2. Banerjee, Ameet Kumar & Sensoy, Ahmet & Goodell, John W., 2024. "Connectivity and spillover during crises: Highlighting the prominent and growing role of green energy," Energy Economics, Elsevier, vol. 129(C).
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