Can the World Run on Renewable Energy?
Renewable energy is on a roll; Denmark is producing 43% of its energy from renewables, aiming for 70% by 2020. Germany is aiming for 40% to 45% clean power by 2025, and China, despite its many challenges, is the world’s leading source of renewable investment and solar manufacture.
There is room for growth however when it comes to using renewable energy systems, and Saudi Arabia are paving the way for a new lease of life in renewable energy.
Saudi Arabia £380 billion city
Saudi Arabia’s Crown Prince, Mohammed bin Salman bin Abdulaziz bin Saud, has announced plans for a new £380 billion city to be built to run entirely on alternative energy and to be an innovation hub for the future.
The project, called Neom, will be built on untouched land near Egypt and Jordan, along the country’s Red Sea coastline. The ambitious project could pave the way in using drones, driverless cars and robotics.
The kingdom’s sovereign wealth fund, which the Crown Prince chairs, the Saudi Government and global technology firms will help to build the innovative city.
The project was announced at a major investment conference in Riyadh, aimed at showing the world the kingdom’s effort to diversify its revenue streams way from the dependence of oil exports.
UK set new renewable energy record
The UK are excelling in the renewable energy sector, as wind and solar energy production surge. A windy summer helped the renewable energy industry reach its highest ever output as wind, nuclear and solar power were all generating more energy than both gas and coal combined.
Could the UK eventually run on 100% renewable energy?
Renewable energy provides nearly 30% of UK power. In the future, the UK are aiming to rely on renewable energy 100% as the source of energy, using technologies such as wind, solar, hydro and tidal.