Energy and water are two basic resources that are intricately connected, and hence, they become a vital component to the functioning of regional, national, and international economies. Water is a finite resource, and many regions around the world are already experiencing water scarcity. About a quarter of the world’s population are living in water-scarce countries. If the same trend continues, by 2040 the world would not be able to meet the demands of ensuring safe drinking water for all people and generating energy for the growing population at the same time. Hence, an innovative is to be devised and implemented in the energy sector so that the water and energy demands can be met to ensure water and energy availability to the global citizens. This chapter focuses on the innovative approach of water footprint throughout the various energy production sectors critically focusing on the renewable energy sector. Moreover, to overcome the excess water consumption, few strategies to overcome the excessive water usage and comparative analysis on water consumption between bioenergy and other renewable energy sectors are also discussed.