Renewables

Renewable energy refers to energy derived from natural sources that can be replenished and are not depleted over time. 

Role in Energy Diversification


Renewable energy sources such as solar, wind, hydroelectric, and geothermal have gained increased attention as we work to diversify our energy mix. The U.S. has experienced significant growth in renewable energy capacity, driven by technological advancements and supportive policies.

The share of renewable energy sources is expected to increase significantly. Technological advancements and falling costs have made renewables increasingly competitive. This shift will contribute to reduced greenhouse gas emissions, improved air quality, and enhanced energy security.=

According to the International Energy Agency, global energy demand for renewables will continue to rise in the coming decades. Oil and natural gas will continue to be needed to help meet that demand while renewables and other energy technologies mature and penetrate markets. In addition, products derived from oil and natural gas are critical components of renewable energy infrastructure like solar panels and windmills.

 

Common forms of renewable energy include:

Inspiring the future of emerging energies.

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