The Importance of Renewable Energies and Why the Youth Should Care
Renewable energy is derived from natural sources like the sun or wind and can be replenished in nature, but most of its potential goes untapped. According to the International Renewable Energy Agency (IRENA), renewable energy will account for 90% of global power output by 2050. To make this a reality, Sustainable Development Goal 7, focusing on ‘affordable and clean energy,’ ensures access to reliable and sustainable energy for all, helping developing countries achieve growth in terms of economy, new job creation, and poverty reduction.
According to UNDP, today, 69% of youth between 18 to 35 are more concerned about the planet and involved in raising awareness about renewable energy and advocating for its adoption. Imperial Enterprise Lab’s Global Challenge Lab program provides young leaders an ideal platform to identify critical problems, brainstorm solutions, and build prototypes or models to address the renewable energy revolution. This blog will delve into the significance of renewable energies and how the youth can contribute to this global effort.
What are Renewable Energies and their sources?
Renewable energies are sources of power that can be replenished or restored, ensuring an endless supply. Unlike fossil fuels, which are finite and contribute to environmental degradation, renewable energies harness the abundant resources available in nature. They include solar, wind, hydropower, geothermal, and bioenergy. Utilizing sustainable alternatives can reduce greenhouse gas emissions, mitigate climate change, and create a cleaner and healthier planet for future generations.
Why are renewable energies important?
Environmental Benefits
As per WHO, 99 % of people breathe polluted air, which harms their well-being. Environmental benefits of renewable energy schemes include reduced carbon dioxide emissions and increased public awareness of climate change. Thus, by shifting to renewable energy sources such as wind and solar, we can address climate change, air pollution and improve public health.
Economic Advantages
Drives job creation: As per UNDP, reliable renewable energies can create 42 million jobs by 2050, driving economic growth and reducing unemployment rates. As the industry expands, various job opportunities arise, ranging from manufacturing and installation to research and development.
Affordable energy source: According to IRENA (International Renewable Energy Agency), over two-thirds of the wind, solar, and other renewables in 2020 were cheaper than the cheapest new fossil fuel. These energy sources can power homes and companies at a minimal cost while maintaining safety and efficiency.
Energy Access and Equity
Renewable energy is vital in bridging the energy access gap, particularly in remote and underserved areas. For instance, the lack of access to clean cooking fuels and technology is a severe concern and was responsible for 700,000 deaths in Africa in 2019, according to research by UNCTAD. The research also highlighted that Africa possesses 60% of the world's top solar resources, which means solar photovoltaics can power its millions of unconnected citizens at a low cost. Renewable energy in developing regions like Africa can conceive a cleaner and greener future by increasing energy access through environmentally friendly and sustainable solutions.
Importance of renewable energy for today's youth
Here are some key reasons why renewable energy is an industry worth being involved in for the younger generation:
An opportunity to join an industry-leading in technological innovation
Today's youth are driven by curiosity and a desire to create a better world by engaging with emerging technologies. The IEA estimates that corporates active in renewable energy witnessed a transformative growth in innovation with a 74% increase in research and development (R&D) spending between 2010 and 2019. With the industry ripe for disruption, young leaders can contribute to scientific research, develop innovative solutions, and help shape the future of the global energy sector. Renewable energy offers exciting opportunities for young people to pursue careers in STEM (science, technology, engineering, and math) and be at the forefront of technological advancements.
Growing demand for skilled professionals in renewable energy
The renewable energy sector presents significant economic opportunities for young people. As the world transitions towards clean energy, there is a surging need for talent in renewable energy industries such as solar installation, wind turbine manufacturing, and energy management. Today's youth can secure meaningful jobs, contribute to economic growth, and drive the transition to a green economy by acquiring knowledge and skills to build the energy industry's future.
Potential to become agents of change
Today's youth are passionate about creating positive change and driving social movements. Renewable energy provides a platform for young people to engage in environmental activism and advocate for sustainable practices. Young individuals can inspire others, raise awareness, and be powerful change agents by promoting renewable energy initiatives in their communities, schools, and universities.
In conclusion
Renewable energies are paramount in shaping our planet's sustainable and prosperous future. They offer many benefits, including climate change, energy security, and economic growth. The widespread adoption of renewable energies stimulates innovation, job opportunities, and economic growth in the emerging green sectors. We can mitigate environmental risks and foster a more sustainable, resilient, and equitable world for all by embracing this emerging energy source.
Join the Global Challenge Lab Program to lead the energy revolution
Are you passionate about renewable energies and want to make a tangible impact on our planet? We invite you to join the Global Challenge Lab program, to collaborate with experts, researchers, and like-minded individuals worldwide to build sustainable solutions for affordable and clean energy.
It provides a platform to share ideas, develop solutions, and drive meaningful change in renewable energies through hands-on projects, mentorship, and access to cutting-edge technology. Learn more about the program and how you can join.
