Securing energy supplies are one of the most relevant matters for modern civilization, and green energy has become a real trend in the last decade.
This type of energy is designed to save many countries from hydrocarbon dependence. It will be helpful for investors to know what it is and how to make money on investments in this developing sector of the economy.
Green energy (GE) means obtaining energy without environmental pollution. In some cases, the concept is narrowed somewhat, calling the generation of electricity using renewable sources (this part of the GE is also called regenerative, renewable).
Nuclear and fusion energy can also be considered green. The second does not produce substances hazardous to the environment and human health. However, these areas are not yet seriously considered worldwide, preferring RES as a new energy base.
Green energy has grown at an average rate of 3.2% per year since 2000, while growth in conventional energy has been about 1.4% per year.
Individual sectors of energy generation from renewable sources showed strong dynamics. We are talking about using solar (average 37% per year) and wind (average 23.4% per year) energy. In 2019, the share of renewable energy in the global energy mix was 26.8%.
Now the so-called green energy has become a real trend in many countries, whose governments contribute in every possible way to the development of this sector by adopting relevant laws.