 This study found that renewable energy consumption, economic risk and financial risk all have an effect on the load capacity factor, LF, in the BRICS countries. Renewable energy consumption decreases the LF, while economic risk and financial risk increase it. Additionally, fossil fuel usage and economic growth both lead to a decrease in the LF. This suggests that policy makers should invest in renewable energy sources, promote economic and financial stability, and encourage the adoption of energy-efficient products to increase energy efficiency and reduce environmental degradation. This article was authored by Opio Loasono-Jecame, Mehmet Aga, and Cosimo Magazine.