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What is a possible cost of using renewable energy resources?
One possible cost of using renewable energy resources is the initial capital investment required for infrastructure, such as solar panels, wind turbines, and energy storage systems. Additionally, renewable energy sources can be intermittent, leading to the need for backup systems or grid enhancements, which can further increase costs. There may also be environmental and social costs associated with land use and the production of renewable energy technologies.
Why are renewable resources valuable?
they cost little to use
What economic term for what you lose when using resources for something else?
The economic term for what you lose when using resources for something else is known as opportunity cost.
What is the economic term for what you lose when using resources for something else?
The economic term for what you lose when using resources for something else is known as opportunity cost.
Explain why natural resources raise problems for humanity?
non-renewble resources would eventually run out e.g. coal, natural gases, oil Some non-renewable gases produced harmful gases when turned into electricity, plastic, e.t.c renewable resources cost a lot more to substitute for non-reusable resources e.g. wave, wind and solar power ...these are all the ones i can think of at the moment... :\
What is a possible cost of using renewable energy resources?
One possible cost of using renewable energy resources is the initial capital investment required for infrastructure, such as solar panels, wind turbines, and energy storage systems. Additionally, renewable energy sources can be intermittent, leading to the need for backup systems or grid enhancements, which can further increase costs. There may also be environmental and social costs associated with land use and the production of renewable energy technologies.
When is transition viable for using renewable energy resources?
Renewable energy resources are already in use, and are viable. Like all energy sources, renewable sources have considerations of cost, availability, and attainability. Attainability factors strongly into the cost of producing energy from the resource. Resources like hydropower are cheap (easily attained), and have been employed for millenia, but the availability of hydropower is limited. Resources like solar power are widely available, but difficult to attain for large-scale energy production. Solar power is often used in small devices. When the overall cost (factored over the life of the production facility) of creating energy from a renewable resource is near to the cost of other resources, then it will be viable to use.
What is a possible cost of using renewable resources?
One possible cost of using renewable resources is the initial investment required for the technology and infrastructure, such as solar panels, wind turbines, and energy storage systems. Additionally, there can be ongoing maintenance costs and potential land use conflicts, particularly with large-scale renewable projects. Furthermore, the transition from fossil fuels may lead to job losses in traditional energy sectors, posing economic challenges for affected communities.
What are two benafits of using hydroelectricity?
1. the energy is renewable. 2. low cost
Why does your population continue to rely on natural resources when renewable sources of energy available?
This is a world-wide problem not confined to any particular country; it exists because the cost of non-renewable energy sources is, so far, significantly less than the cost of renewable sources.
Why do most people use nonrenewable energy instead of renewable resources?
Cost. If there was an alternative that was cost effective the free market would embrace it. Unfortunately there is no cost effective solution. Hold on to your wallets because the solution will be to raise current energy costs to "level" it with more expensive "renewable" sources.
What benefits does renewable energy have over non renewable energy sources?
Renewable energy sources are infinite and do not deplete the Earth's resources, unlike non-renewable sources like fossil fuels. Renewable energy also has lower greenhouse gas emissions, contributing to a cleaner environment and helping combat climate change. Additionally, renewable energy technologies are becoming more cost-effective and can create jobs in local communities.
Why are renewable resources valuable?
they cost little to use
Cost of renewable energy?
$100 billion
How do you do a project on being against renewable energy?
Renewable energy is a noteworthy goal and hopefully it will be cost effective in the future. To stand against renewable energy just because it is renewable would not be a worthy endeavor.
Advantages of non-renewable energy sources?
The advantages is that non renewable energy cost less and it's always available.
Why cant we get all the power we need from renewable energy sources right now?
We are still dependent on fossil fuels due to factors such as the intermittency of renewable sources like solar and wind energy, limitations in energy storage technology, and the high cost of transitioning existing infrastructure to renewable sources. Additionally, some regions may lack the necessary resources or infrastructure to fully utilize renewable energy at present.
