Latest Advancements in Renewable Energy: A State of Art

Renewable energy sources and technological advancements may be able to address the persistent power crisis that emerging nations are now experiencing. The world may overcome its energy shortage by utilizing sustainable energy alternatives including wind, solar, sea, bioenergy, and fuel cell development. Possibly due to fossil fuel reserves that may run out in the upcoming years, it is necessary to adopt cleaner and renewable energy alternatives. This study examines current developments in renewable energy from several angles, including objective, methodology, benefit, components, limitations, and potential future applications. Additionally, it contains a case study that uses genetic algorithms in conjunction with Monte Carlo simulation to analyze distributed generation in the distribution network with or without electric vehicles for both static and ZIP load models. The paper's primary goal is to describe current research trends and research gaps, so additional studies have been conducted.