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English: Renewables 2022 is the IEA’s primary analysis on the sector, based on current policies and market developments. It forecasts the deployment of renewable energy technologies in electricity, transport and heat to 2027 while also exploring key challenges to the industry and identifying barriers to faster growth.
In contrast, controllable renewable energy sources include dammed hydroelectricity, bioenergy, or geothermal power. Percentages of various types of sources in the top renewable energy-producing countries across each geographical region in 2023. Renewable energy systems have rapidly become more efficient and cheaper over the past 30 years. [3]
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In the report, the IPCC said "as infrastructure and energy systems develop, in spite of the complexities, there are few, if any, fundamental technological limits to integrating a portfolio of renewable energy technologies to meet a majority share of total energy demand in locations where suitable renewable resources exist or can be supplied". [8]
The renewable-energy industry is the part of the energy industry focusing on new and appropriate renewable energy technologies. Investors worldwide are increasingly paying greater attention to this emerging industry. In many cases, this has translated into rapid renewable energy commercialization and considerable industry expansion.
Variable renewable energy sources are those that have a fluctuating nature, such as wind power and solar power. In contrast, controllable renewable energy sources include dammed hydroelectricity, bioenergy, or geothermal power. Renewable energy systems have rapidly become more efficient and cheaper over the past 30 years.
In Honduras, there is an important potential of untapped indigenous renewable energy resources. Due to the variability of high oil prices and declining renewable infrastructure costs, such resources could be developed at competitive prices. Currently hydropower, solar and biomass are used on a large scale for electricity generation.
Hydropower supplies 15% of the world's electricity, almost 4,210 TWh in 2023, which is more than all other renewable sources combined and also more than nuclear power. Hydropower can provide large amounts of low-carbon electricity on demand, making it a key element for creating secure and clean electricity supply systems.