GLOBAL RENEWABLE ENERGY POTENTIAL AND INSTALLED CAPACITY
DOI:
https://doi.org/10.51630/ijes.v5i3.160Keywords:
Renewable Energy Technologies, Renewable Energy Potential, Renewable Energy Installed CapacityAbstract
This study provides a comprehensive analysis of the global potential and installed capacity of renewable energy sources, focusing on wind energy, hydropower, and solar thermal power. It presents estimates of wind energy potential in leading countries, such as the United States and China, highlighting current installed capacities and investment costs. Similarly, the manuscript details hydropower potential and capacity, emphasizing the importance of geographical factors in different nations. For solar thermal energy, the analysis covers potential resources, installed capacities, and specific developments in the Middle East. Investment costs for each technology are examined, showcasing regional variations. The study underscores the critical role of continued investment, innovation, and supportive policy frameworks in advancing renewable energy sectors, essential for enhancing energy security and addressing climate change. By utilizing data from reputable sources like IRENA, this study contributes valuable insights into the state of global renewable energy.
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