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Name: Sheeraz Bhutto (55557)

Instructor: Sir Shahnawaz khan.


Course: Future Studies
Topic: Future of energy systems: What will be the impact of the shift to renewable energy
sources on the global energy landscape?

ABSTRACT:
The shift to renewable energy sources is changing the global energy system and has a big impact
on how energy is distributed, used, and produced. The usage of renewable energy sources is
being fueled by worries about climate change, energy security, and sustainability. This shift is
leading to a significant increase in the capacity for renewable energy generation, with solar and
wind power in the forefront. Renewable energy sources help to reduce the release of carbon
dioxide by replacing fossil fuels, hence minimizing climate change and promoting global goals.
By reducing dependency on imported fuels, other energy sources help increase energy security
and independence. By generating investments and encouraging innovation, the sector promotes
the expansion of the economy and the creation of jobs. Additionally, particularly in
underprivileged areas, renewables increase energy access and cost. Technology breakthroughs
and innovation in the field of renewable energy are reducing costs and increasing effectiveness.
Environmental advantages of switching to renewable energy include decreased pollution and
ecosystem preservation. In order to collectively tackle climate change, it requires the
modernization of the energy infrastructure and demands for international cooperation.
Additionally, renewables provide energy security, protection from disasters, and socioeconomic
advantages like reduced poverty and enhanced public health. They support environmental
protection, long-term cost stability, and energy justice and equity.
Overall, the switch to renewable energy sources is a revolutionary step towards a future where
energy is sustainable, powerful, and equitable.

INTRODUCTION:
As more nations shift their attention to renewable energy sources, the globe is undergoing an
unusual energy change. Due to worries about climate change, energy security, and environmental
sustainability, the increase can be seen in the use of new energy sources in recent years. In this
article, the possible effects of this change on the world's energy system are studied along with the
consequences for job creation, economic growth, access to energy, and affordability.

1. Increased Renewable Energy Generation Capacity:


The capacity for renewable energy generation on an international level will significantly rise. In
terms of price, renewable energy sources like wind and solar photovoltaic (PV) are becoming
more and more competitive with fossil fuels. By 2030, energy capacity is expected to more than
double, according to the International Renewable Energy Agency (IRENA) (IRENA, 2021). The
production of energy will significantly increase, changing the global energy landscape by
decreasing dependence on fossil fuels and diversifying the power supply.
The quick adoption of sustainable energy technologies, like solar and wind power, has already
shown that they have the ability to completely transform the energy industry. Over 80% of the
new electricity generation capacity installed globally in 2020 came from renewable energy
sources (REN21, 2021). Supportive laws, technology developments, and the realization of the
urgent need to cut greenhouse gas emissions are some of the causes driving the shift towards
renewable energy.

2. Reduced Greenhouse Gas Emissions:


The urgent need to decrease gas emissions and slow change in climate is the main force behind
the shift to renewable energy. Renewable energy technologies can reduce the amount of carbon
dioxide and other dangerous pollutants released into the environment by replacing fossil fuels
(Jacobson et al., 2020). The widespread use of renewable energy is expected to make a
significant contribution to global efforts to fight global warming and meet the Paris Agreement's
climate goals.
By moving to alternative energy sources, one can significantly reduce gasoline emissions.
Studies show that a large reduction in carbon dioxide emissions can be achieved by using a
significant amount of renewable energy. For instance, according to a research by Jacobson et al.
(2020), if the world transitioned to 100% renewable energy by 2050, it may avert 4–7 million
premature deaths annually from air pollution and keep global warming to a maximum of 1.5
degrees Celsius.

3. Energy Security and Independence:


Countries have a chance to improve their energy security and decrease their dependence on
imported fossil fuels by shifting to renewable energy sources. Since renewable energy sources
can frequently be found locally and used effectively, there is less need to import energy from
abroad. Increased energy independence may help nations in reducing geopolitical risks caused by
their dependence on fossil fuels, such as price volatility, supply disruptions, and disputes over
resource access (Luthra et al., 2021). Decentralized renewable energy sources, like off-grid solar
options, can also give remote and underdeveloped areas access to electricity, further boosting
energy security.
The production of renewable energy is decentralized, which lessens the vulnerability of energy
networks to single points of failure like disruptions in the supply chains of fossil fuels or natural
disasters. Energy infrastructure can be strengthened and made more secure in nations that invest
in expanding their capacity for renewable energy.

4. Job Creation and Economic Growth


The shift to renewable energy will encourage economic growth and employment creation. With
employment opportunities that go from manufacturing and construction to research and
development, the renewable energy sector has already established itself as a prominent employer.
According to estimates from the International Renewable Energy Agency (IRENA), this industry
supported 11.5 million jobs globally in 2019 and has the potential to add millions more by 2030.
Development of renewable energy infrastructure, the manufacture, installation, operation, and
maintenance of equipment, as well as other industries, can all result from shifting to renewable
energy.
Through increased spending on infrastructure, project development, and related businesses,
investments in renewable energy projects can help boost local economies. The growth of the
renewable energy sector has the potential to progress technology, draw in private capital, and
create employment opportunities. For instance, Van Alst and Cohen's (2019) research suggests
that increasing the capacity for renewable energy can support regional economic growth, with
favorable effects on employment, income, and tax revenue.
The move to renewable energy may also encourage the growth of new markets and supply
networks. This covers both the production of the parts and materials needed for the manufacture
of renewable energy systems. As these industries develop, new companies may be founded and
current ones may grow, resulting in the development of jobs and a more diverse economy.

5. Enhanced Energy Access and Affordability:


In developing countries with limited conventional energy sources, the renewable energy
technologies have the potential to increase energy access and cost. Communities that are not
connected to organized networks can get clean and dependable electricity from off-grid
renewable options including solar household systems and mini-grids. For millions of people, this
might greatly increase their access to economic opportunity, healthcare, education, and quality of
life (International Energy Agency, 2020).
Renewable energy sources can provide a workable and sustainable solution in areas where access
to electricity is limited or intermittent. For instance, solar home systems can supply electricity for
small appliances, electronic device charging, and lighting, allowing homes to satisfy their
essential energy requirements. Renewable energy-powered mini-grids can help transform rural
areas and promote energy-efficient uses like powering small businesses or agricultural
equipment.
Furthermore, as they are not subject to the price variations associated with the markets for fossil
fuels, renewable energy sources have the potential to lower energy prices in the long run
(REN21, 2021). This can lessen energy poverty and decrease households' sensitivity to energy
price shocks. Renewable energy may help communities all over the world reduce poverty,
improve socioeconomic circumstances, and advance sustainable development by supplying
affordable and dependable electricity.

6. Technological Advancements and Innovation:


Innovation and technological developments in the energy sector are being driven by sifting to
alternative energy sources. The efficiency, dependability, and storage capacities of renewable
energy systems are being improved as the demand for renewable energy increases. This has
resulted in important developments in fields including energy storage technologies, wind turbine
design, and solar PV cell efficiency.
Advancements have been made as a result of investments in research and development, including
the creation of more effective solar panels, sophisticated wind turbine designs that can absorb
energy from low wind speeds, and the introduction of reasonably priced energy storage options
like lithium-ion batteries. These technological developments increase the efficiency of renewable
energy sources while also lowering costs, making them more widely available and commercially
viable (IEA, 2021).

7. Environmental Benefits and Sustainable Development:


Renewable energy decreases the environmental effect of resource extraction and transportation,
eliminates habitat loss, and lessens air and water pollution by decreasing dependency on fossil
fuels (REN21, 2021). It contributes to the preservation of natural resources, the environment, and
ecosystems for upcoming generations.
Furthermore, the implementation of renewable energy projects can be combined with objectives
for sustainable development, such as decreasing poverty, enhancing health, and expanding access
to clean water and sanitary facilities. Renewable energy solutions may assist clean water supply
systems, power sustainable agricultural practices, and offer electricity to rural schools and
medical institutions. This combination of sustainable development initiatives and renewable
energy guarantees a comprehensive strategy for achieving a more just and environmentally
responsible future.

8. Transformation of Energy Infrastructure:


Global energy infrastructure change is required to make possible renewable energy sources. To
account for the decentralized and irregular character of renewable energy generation,
conventional centralized energy systems based on fossil fuels will need to be changed. This
change requires the development of smart technologies, the adoption of sophisticated energy
management systems.
In order to ensure effective power transmission from renewable energy producing centers to
consumers, the shift towards renewable energy requires modernization and expansion of
transmission and distribution networks. To balance supply and demand changes, this involves the
construction of long-distance transmission lines, links between regional lines, and the placement
of energy storage facilities (IRENA, 2020).
A more linked and interconnected energy system can result from the use of other energy sources,
which may encourage the enlightenment of other industries like transportation and heating.
Reducing carbon emissions and establishing a sustainable energy future can be greatly helped by
electric vehicles and renewable heating systems like heat pumps.

9. Global Cooperation and Collaboration:


The shift to renewable energy sources requires global cooperation and national partnership.
Shared information, resources, and coordinated action are required to address climate change
concerns and create a sustainable energy future. Countries can cooperate on R&D projects,
exchange best practices, and work together to create uniform standards and laws for the
implementation of renewable energy.
Countries can collaborate and promise to decrease environmental pollution and promote their
shift to the other energy sources through international accords and frameworks like the Paris
Agreement. Collaboration among nations can help overcome obstacles, advance technology
transfer, and support less privileged countries in their efforts to adopt renewable energy sources.
10. Energy Resilience and Disaster Preparedness:
Renewable energy sources help with energy security and preparedness for emergencies. Natural
disasters like hurricanes, earthquakes, and extreme weather events can disrupt conventional
energy systems that rely on centralized fossil fuel power facilities. Distributed renewable energy
systems, such as small power plants and isolated options, on the other hand, can deliver a
dependable electrical supply in times of need, ensuring that vital services like hospitals, shelters
for the homeless, and communication networks continue to operate.
Communities can become more self-sufficient and rely less on outside energy sources thanks to
renewable energy technologies and energy storage devices. The decentralized nature of
renewable energy makes it possible for faster recovery and restoration of the electricity supply in
the event of climate-related disasters minimizing the social and economic effects of such events.

11. Socioeconomic and Health Benefits:


Communities benefit greatly from shifting to renewable energy sources in terms of
socioeconomics and health. Access to affordable, dependable energy promotes economic
development, increases productivity, and encourages the expansion of companies. It promotes
inclusive and sustainable economic growth by opening up business opportunities, especially in
rural and neglected areas.
Additionally, using renewable energy reduces the harmful effects on health caused by burning
conventional fossil fuels. Air pollution from energy sources based on fossil fuels plays a
significant role in respiratory illnesses, heart disease, and early deaths. By shifting to renewable
energy, we can improve public health by lowering illness burden and healthcare expenses and
improving air quality.

12. Long-Term Energy Cost Stability:


Long-term cost stability is an advantage of renewable energy sources. In contrast to fossil fuels,
which have price fluctuations and unreliable supplies, renewable energy technologies make use
of freely accessible resources like the sun's rays and the wind. Renewable energy systems have
generally low operating costs once the necessary infrastructure has been installed. This energy
cost stability offers financial certainty and reduces the sensitivity of individuals and businesses to
changing energy prices.
Additionally, the use of renewable energy technology can help stabilise energy prices on a
national and international scale. Renewable energy sources contribute to diversifying the energy
mix, which reduces reliance on imported fossil fuels and danger to geopolitical risk and
fluctuations in markets. This energy price stability enhances economic competitiveness,
encourages investment, and and support sustainable development.
13. Environmental Conservation and Ecosystem Preservation:
Ecosystem protection and environmental preservation are greatly improved by the shift to
renewable energy sources. Renewable energy technologies have a significantly smaller impact
on natural landscapes and ecosystems than traditional energy sources, which require extensive
fossil fuel extraction. Without significantly affecting ecosystems, solar and wind power, for
instance, have a less environmental impact and can be implemented into existing infrastructure
(Wang et al., 2021).
The shift to renewable energy helps reduce the habitat loss, land degradation, and water pollution
brought on by conventional energy production by reducing reliance on fossil fuels. The
maintenance of ecological balance and the provision of ecosystem services necessary for human
well-being depends on the preservation of natural habitats and wildlife.
Additionally, it is possible to plan and implement renewable energy projects in a way that has the
least possible negative effects on sensitive habitats and wildlife. Renewable energy initiatives
can be made compatible with the preservation of biodiversity and the protection of endangered
species by careful site selection, environmental impact assessments, and mitigation measures
(BirdLife International, 2021). A healthy balance between energy production and environmental
preservation can be achieved by combining the use of renewable energy with conservation
initiatives

14. Energy Justice and Equity:


By ensuring that everyone has access to inexpensive and clean energy, shifting to renewable
energy sources has the ability to address issues with energy justice and equity. A stable electrical
supply is still inaccessible to billions of people worldwide, despite the fact that access to energy
is an essential requirement for human development (United Nations, 2021). Marginalized groups,
particularly those in developing countries, are disproportionately impacted by this energy
poverty.
Off-grid solar systems and community-based renewable energy initiatives are two examples of
renewable energy technologies that offer decentralized and local energy solutions without the
need for large grid infrastructure. In addition to eliminating energy poverty and improving social
and economic prospects, these solutions can provide electricity to isolated and neglected
populations (IRENA, 2021).
Additionally, the design of renewable energy projects can put an emphasis on community
involvement, ownership, and engagement. Local communities are empowered by community-
owned renewable energy initiatives because they have a stake in the energy transition and the
advantages of such projects are distributed fairly (Wiedmann et al., 2021). This strategy supports
social cohesion, inclusive development, and addressing energy inequalities.
15. Resilient Energy Systems and Climate Adaptation:
Eenergy systems are more resilient when they use renewable energy sources. The fragility of the
energy infrastructure becomes increasingly obvious as storms, heat waves, and droughts occur
more frequently and with greater intensity. Traditional energy systems are prone to breakdowns,
which can cause power outages and drawn-out recovery times.
During climate-related disasters, renewable energy solutions, in particular distributed systems,
offer resilience and dependability. In the case of grid outages or natural disasters, off-grid solar
systems and micro grids with energy storage capacities can continue to produce electricity,
maintaining key services and enabling emergency response (IPCC, 2021).
Additionally, shifting to renewable energy supports in the fight against climate change.
Renewable energy reduces the effects of climate change, increase in the temperture, sea level
rise, and altered precipitation patterns, by reducing greenhouse gas emissions (UNEP, 2021).
This is helpful in ecosystem and community adaptation to climate change and resilience-building
for upcoming climate-related difficulties.

CONCLUSION:
The shift to renewable energy sources is anticipated to fundamentally alter the world's energy
system. The consequences are wide-ranging and touch on many aspects of energy production,
consumption, distribution, and socioeconomic growth as nations increasingly turn their attention
to clean and sustainable alternatives. The potential effects of switching to renewable energy
sources have been examined in this article, with particular emphasis placed on key areas like
increased renewable energy generation capacity, decreased greenhouse gas emissions, improved
energy security and independence, job creation and economic growth, improved energy access
and affordability, technological advancements and innovation, environmental benefits and
sustainable development, transformation of energy infrastructure, and global cooperation and
collaboration.
The global expansion of renewable energy producing capacity has a lot of potential. Energy
sources like solar and wind power are becoming more competitive due to cost reductions and
technology breakthroughs, which will diversify the energy mix and lessen reliance on fossil
fuels. This adjustment not only helps to reduce greenhouse gas emissions but also answers
concerns about climate change and helpful for nations in achieving their climate goals.
Additionally, shifting to renewable energy improves energy security by being less dependent on
foreign imports of fossil fuels and by encouraging the growth of homegrown energy sources.
Additionally, it improves energy access and cost, particularly in underprivileged populations,
while spurring economic growth, notably in the renewable energy sector. The use of renewable
energy technology encourages technological development and innovation, which results in more
practical and affordable solutions.
The maintenance of ecosystems and the preservation of biodiversity are additional environmental
advantages of shifting to renewable energy sources. It supports a more just and environmentally
conscious future and is consistent with sustainable development objectives. But for a transition to
be effective, there must be changes made to the energy infrastructure, there must be international
cooperation and coordination, and there must be an emphasis on energy resilience and disaster
prevention.
In conclusion, shifting to renewable energy sources is a critical step towards achieving a
sustainable and low-carbon future. It provides chances to deal with climate change, improve
energy security, boost economic development, increase access to and affordability of energy, and
encourage environmental preservation and social justice. Countries can build a resilient and
sustainable energy landscape that benefits both the present and future generations by embracing
renewable energy.

References:
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https://www.iea.org/topics/energy-storage
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