Published on 23/01/2020
Research carried out by scientists at Stanford University has predicted that the world could be run by renewable energy alone in 20-40 years. Great news, right?
There are a number of countries leading the way with this, by generating a significant proportion of the energy they use from renewable sources.
Iceland is the world's leader in renewable energy generation and produces more electricity per person than any other country on earth. Nearly 100% of their energy comes from renewable sources because of their unique landscape. Iceland generates hydropower and geothermal energy, which produces around 95% of the country's heating.
Iceland’s current power generation totals approximately 19 TWh annually, which makes Iceland the world’s largest electricity generator per capita with 55,000 kWh per person; in comparison, the EU average is 6,000 kWh.
Norway produces 98% of its energy from renewable sources. Hydropower has been the primary source of the production for some time, but both wind and thermal energy contribute to Norwegian electricity production.
Kenya currently produces 70% of energy from renewable sources and aiming to be 100% powered by green energy by 2020.
In the last ten years, Uruguay managed to significantly reduce its carbon footprint without government subsidies and without an increase in consumer costs. This has been achieved through a positive governmental regulatory environment which encourages the public and private sectors to work together. Power cuts, which were a significant issue in the country, were also reduced as a result.
The growth of renewables also attracted energy investment and now accounts for 15% of the country's annual GDP.
In 2015 Sweden decided to challenge the world with the ambitious goal to eliminate its use of fossil fuel by 2050. Sweden has increased its investment in solar power, wind power, energy storage, smart grids and clean transport.
You might not think Germany has the weather to be a solar energy hotspot, however, they are one of the world's leaders in the sector. Currently, renewable energy in Germany provides more electricity than its coal and nuclear output combined.
China is among the most prominent investors in renewable energy. They produce around 25% of their total energy from renewable sources, however, they still use huge volumes of energy from non-renewable sources. This has meant that although China is one of the most prominent investors in renewables an increase in the growth of the country resulted in a surge of CO2 emissions in 2018.
In the UK, wind power is the main contributor to renewable energy production. Currently, Scotland able to produce enough renewable energy to power all its homes and businesses without the need for any fossil fuels. The UK now produces more energy from wind farms than it does from coal.
Just 18% of energy comes from renewable sources, and this could fall further. In the country’s 2020 budget, renewable energy budget fell to $700 million, a significant drop from figures as high as $2.3 billion in previous years.
There are lots of good news stories when it comes to renewable energy, but there’s a long way to go before we’ll be living in a renewable energy world.
There are several reasons for this; investment to improve technology, affordability, reliability and demand is required. You can read all about this in our article here.
Geography will always play a big part in a country’s ability to generate renewable energy, so some countries will have to work harder than others to get to a 100% renewable position. In China’s case, demand is the biggest issue, in other countries governments need to do more to promote the importance of renewables and invest to make it possible.
Each and every unit of electricity we sell is from renewable sources, so however you use your energy from boiling the kettle to powering your business, you’ll be sure you’re doing your bit for the environment.
If you’d like to get an energy quote for your business or for you home, click here.