Green energy has several benefits including reducing environmental impact, being renewable, and creating jobs. It includes energy sources like solar, wind, hydro, geothermal, ocean, and biomass. Each source has different applications - solar can be used for swimming pools, thermal power generation, and cooking while hydro and wind are used for power generation. However, green energy development faces limitations such as lower density of solar energy requiring large land areas, geothermal only being available near tectonic zones, uncertainty around ocean energy efficiency, and biomass being dependent on weather conditions.