Solar energy is renewable. What could be an economic factor that prevents the maximum exploitation of this resource?

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Biology

Angelique Buckley

4 April, 08:07

Solar energy is renewable. What could be an economic factor that prevents the maximum exploitation of this resource?

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Edwards · Answer 1

An economic factor could be the cost associated with generating energy from sunlight. The main cost factor is related to the power-generating equipment, such as solar panels or solar heat exchangers, as these technologies are still relatively new and have not reached a stage of economical mass production. Transmission of energy to households is not a major cost and power grids already exist within most regions.