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Published
2026-08-03
Section
Regular Issues
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Copyright (c) 2026 Artha: Journal of Business and Finance
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How to Cite
The Next Billionaire Industry of the Decade?
Avnee Byotra
National University of Study and Research in Law
Yash Goyal
National University of Study and Research in Law
Keywords: Green Investments, Climate Change, Energy Transition, Renewable Energy
Abstract
As the world becomes increasingly shaped by rapid technological advancements and a continuously growing demand for energy, the search for the defining industry of the coming decade has become more relevant than ever. While sectors such as artificial intelligence and digital commerce continue to dominate global discourse, renewable energy presents a compelling case as a transformative force. No longer confined to environmental idealism, renewable energy has emerged as a dynamic and economically powerful sector capable of reshaping global markets and policy frameworks. The surge in electricity demand driven by the expansion of data centres, AI technologies, urbanisation, and industrial growth has exposed the limitations of fossil fuels. In response, renewable energy sources such as solar and wind are gaining prominence, not only as sustainable alternatives but also as engines of economic growth. This transition has been accelerated by declining technology costs, advancements in energy storage, and strong policy support, which together have attracted significant investment and innovation.
This paper explores how renewable energy lies at the intersection of necessity and opportunity, offering solutions to climate challenges while unlocking substantial economic potential. Despite challenges such as infrastructural constraints and financial complexities, the sector’s future remains highly promising. Ultimately, renewable energy is poised to play a defining role in shaping economic development and the trajectory of global progress.
Author Biographies
Avnee Byotra, National University of Study and Research in Law
Avnee Byotra is a fifth-year B.A. LL.B. (Hons.) student at NUSRL, Ranchi. Her academic interests lie in arbitration and dispute resolution, and the emerging
intersections of law and technology. She is an avid reader and actively engages in legal research and writing.
Yash Goyal, National University of Study and Research in Law
Yash Goyal is a BBA graduate and a CFA Level I pass candidate. His primary interests lie in business, finance, and entrepreneurship, and he is keenly involved in research and analytical work in these domains.
