The energy it calculates is in kWh per year, the diameter of the wind turbine rotor is in meters, the wind speed is annual average for the turbine hub height in m/s. The equation uses a Weibull wind distribution with a factor of K=2, which is about right for inland sites. An overall efficiency of the turbine, from wind to electrical grid, of 30% is used. That is a reasonable, real-world efficiency number. Here is a table that shows how average annual wind speed, turbine size, and annual energy production relate:
The overwhelming majority of electricity produced worldwide is used immediately, since storage is usually more expensive and because traditional generators can adapt to demand. However both solar power and wind power are variable renewable energy, meaning that all available output must be taken whenever it is available by moving through transmission lines to where it can be used now. Since solar energy is not available at night, storing its energy is potentially an important issue particularly in off-grid and for future 100% renewable energy scenarios to have continuous electricity availability.
Biomass, biogas and biofuels are burned to produce heat/power and in doing so harm the environment. Pollutants such as sulphurous oxides (SOx), nitrous oxides (NOx), and particulate matter (PM) are produced from the combustion of biomass; the World Health Organisation estimates that 7 million premature deaths are caused each year by air pollution. Biomass combustion is a major contributor.
The International Energy Agency projected in 2014 that under its "high renewables" scenario, by 2050, solar photovoltaics and concentrated solar power would contribute about 16 and 11 percent, respectively, of the worldwide electricity consumption, and solar would be the world's largest source of electricity. Most solar installations would be in China and India. In 2017, solar power provided 1.7% of total worldwide electricity production, growing at 35% per annum.