Renewables, short for renewable energy sources, refer to energy obtained from virtually inexhaustible natural processes. Unlike fossil fuels, such as coal, oil, and natural gas, renewables are not subject to depletion over human timescales. They encompass sources like solar power, wind energy, hydroelectric power (energy from water), geothermal energy (heat from the earth), and biomass (organic matter that can be used for fuel). Renewable energy is vital for achieving sustainability in energy production as it reduces dependence on non-renewable resources and contributes significantly to the reduction of greenhouse gas emissions, therefore combating climate change.
Two reputable sources where you can find more information about renewable energy:
1. The International Renewable Energy Agency (IRENA) – IRENA is an intergovernmental organization that supports countries in their transition to a sustainable energy future. They serve as a principal platform for international cooperation, a center of excellence, and a repository of policy, technology, resource, and financial knowledge on renewable energy.
2. The U.S. Energy Information Administration (EIA) – The EIA provides independent statistics and analysis on energy, including comprehensive data on renewable energy sources and their use in the United States. It is a valuable resource for understanding the role of renewables in the energy mix of the U.S., policy impacts, and market trends.
Both of these resources offer a wealth of information on the topic of renewable energy, including its various forms, how it’s harnessed, and the role it plays in today’s energy industry.
This A.I.-generated glossary is intended to provide a convenient means to understand terminology used on this website in the context of physical commodities trading. Some terms may have alternative and/or expanded definitions that may not be relevant here and thus not included. Sources provided are for reference and not intended to be an endorsement of the broader content on that website. Suggestions, questions, or corrections can be provided in the comment box on definition pages.