The renewable energy role in the global energy Transformations

Abstract

In a comprehensive analysis of the global transition towards renewable energy, the study revealed significant disparities in adoption rates and technological advancements across nations, while also underscoring the potential for an extensive shift in energy paradigms. Utilizing data from the renewable energy map scenario, findings indicate that renewable energy sources could command up to two-thirds of the global primary energy supply by 2050, a stark contrast to the modest 24% contribution predicted by the reference scenario. European Union countries, particularly Denmark and Germany, emerge as frontrunners in this transition, with impressive wind energy integrations and overall renewable mixes. In Asia, rapid strides are evident with countries such as China and India demonstrating an annual growth rate surpassing 30% in solar and wind sectors. The Americas, represented robustly by the United States, Canada, and Brazil, highlight a diverse renewable integration, each varying in their contributions. Meanwhile, Middle Eastern countries, are progressively diversifying their energy portfolios, and while Africa displays potential, the transition is constrained by infrastructural challenges. The study underscores the tangible global momentum towards renewable energy but emphasizes the continued disparities influenced by a myriad of geopolitical, technological, and economic determinants. The outcomes of this research not only elucidate the current state and trajectory of renewable energy adoption but also underscore the critical importance of tailored policies, investments, and collaborations to accelerate this global shift.