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Introduction, Business and Industry Trends Analysis

Renewable electricity has been generated with great success for many decades in the form of hydroelectricity—that is, water flowing over a turbine installed at a dam site, with that turbine powering an electric generator. Today, renewable energy comes from many other sources. The non-hydroelectric resources are growing at a stunning rate worldwide.

Despite the rapid growth in the renewables field, the traditional sources of coal and natural gas (and to a lesser extent, nuclear energy) remain the primary sources of electric generation in most of the world. There are some noteworthy exceptions to this statement. For example, Brazil, long a world leader in hydropower, gets about 60% of its total electricity generation from hydroelectricity, and Iceland gets virtually all of its energy from a combination of geothermal and hydroelectric.

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