Energy transitions can have a negative effect on the environment, society and the economy but the potential of these changes should lead to renewable energy. There needs to be a transition to eco-friendly energy sources rather than using carbon intensive technologies. This research has brought the message forward that renewable energy is the way to go and is the future. Further, fossil fuel energy is negative and harmful to the environment and needs to be banned. There needs to be a focus and transition to renewable energy and for this energy source to be more affordable because it is. The financial sector is however feeling hesitant to make investments in the renewable energy sector. More research on renewable energy needs to be focused on so better decisions can be made for the future years to come.