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Green Grids Initiative — One Sun, One World, One Grid; Country: Global: Partners: International Solar Alliance, India, France, United Kingdom: Vision: The OSOWOG initiative aims to connect different regional grids through a common grid that will be used to transfer renewable energy power and, thus, realize the potential of renewable energy sources, especially solar energy.
China produced 31% of global renewable electricity, followed by the United States (11%), Brazil (6.4%), Canada (5.4%) and India (3.9%). [1] Renewable investment reached almost $500 billion globally in 2022, [2] amounting to 83% of new electric capacity that year. [3] The renewable energy industry employs almost 14 million people. [4]
India has scrapped tenders for coal-fired power stations and around 80% of new coal-fired power plants under planning have been halted or canceled. [51] In the month of May 2017 alone, plans for building coal power for nearly 14 GW – about the same as the total amount in the UK – were canceled on account of declining solar costs. [52]
A wind turbine at Greenpark, Reading, England, generating green electricity for approx 1000 homes. The availability and uptake of green electricity in the United Kingdom has increased in the 21st century. There are a number of suppliers offering green electricity in the United Kingdom.
Wind power is expected to continue growing in the UK for the foreseeable future. Within the UK, wind power is the second largest source of renewable energy after biomass. [22] As of 2018, Ørsted (formerly DONG Energy) is the UK's largest windfarm operator with stakes in planned or existing projects able to produce 5 GW of wind energy.
During 2021, interconnectors provided 28TWh of electricity to the UK, which equates to 10% of total demand, whilst in 2009 this figure was 7TWh. [ 1 ] Interconnectors allow the trade of electricity between countries with excess renewable generation and those with high demand.
In addition to its large-scale grid-connected solar photovoltaic (PV) initiative, India is developing off-grid solar power for local energy needs. [14] Solar products have increasingly helped to meet rural needs; by the end of 2015 just under 10 lakh (1 million) solar lanterns were sold in the country, reducing the need for kerosene . [ 15 ]
The term smart grid is most commonly defined as an electric grid that has been digitized to enable two way communication between producers and consumers. [1] The objective of the smart grid is to update electricity infrastructure to include more advanced communication, control, and sensory technology with the hope of increasing communication between consumers and energy producers.