July 31, 2023

Emerging Renewable Energy Technologies to Watch in the Next Decade

As the race to combat climate change accelerates, innovation in renewable energy technology is happening at a thrilling pace. Industry leaders, scientists, and entrepreneurs are continually striving to make renewable energy more efficient, accessible, and cost-effective. Here’s a glimpse of some emerging renewable energy technologies that could redefine the landscape over the next decade.


1. Perovskite Solar Cells

Perovskites are materials with a special crystal structure, named after the mineral that first exhibited it. They are cheaper and more flexible than traditional silicon used in solar cells, and can potentially achieve higher efficiency levels. Perovskite solar cells could revolutionize the solar industry, making it more affordable and efficient.


2. Floating Solar Farms

As land becomes more valuable, the idea of installing solar farms on water bodies is gaining traction. Known as “floatovoltaics,” these systems can be more efficient than land-based solar farms as water’s cooling effect helps to maintain optimal panel temperature. Additionally, they can reduce water evaporation and discourage algae growth in water bodies.


3. Concentrated Solar Power (CSP)

CSP technology uses mirrors or lenses to concentrate a large area of sunlight onto a small area. When combined with thermal storage, CSP can deliver power even when the sun isn’t shining, addressing one of the most significant challenges in solar power – intermittency.


4. Green Hydrogen

Hydrogen is an energy-dense fuel, and when it burns, the only by-product is water. Green hydrogen, produced from renewable energy sources, is currently the focus of significant research. This could be a game-changer in sectors that are tough to electrify, like heavy-duty transport and industrial heat.


5. Energy-Generating Roads

Imagine if every journey you made in your car produced renewable energy. Energy-generating roads, designed to convert the pressure exerted by moving vehicles into electricity, are one novel solution being explored.


6. Advanced Energy Storage

Energy storage technologies like grid-scale batteries, flow batteries, and even gravitational energy storage (such as Energy Vault’s tower of concrete blocks) are all on the horizon. These innovations could solve the intermittency issue often associated with renewable energy sources like wind and solar.


7. Airborne Wind Energy (AWE)

WE systems use flying devices like kites or drones to reach higher altitudes where the wind is stronger and more consistent. The devices generate power which is then transmitted down tethers to the ground station. AWE systems could potentially complement ground-based wind energy installations.


8. Artificial Photosynthesis

Scientists are working to mimic the natural process of photosynthesis to capture and store solar energy. If successful, this could create a clean, affordable, and abundant source of renewable energy.


These emerging technologies show just how much potential there is for growth and advancement in the renewable energy sector. While they still have a ways to go before commercial viability, they represent exciting opportunities for sustainable energy.

The next decade promises to be a period of extraordinary innovation in the renewable energy sector. As consumers and advocates of renewable energy, it’s a fascinating space to watch, participate in, and anticipate what our energy future might look like.

If you’re interested in the renewable energy space, keep an eye on our blog over the coming months, as we explore the bleeding edge of renewable energy technology.