Economics Renewable Energy Economics Questions
The concept of energy resilience refers to the ability of an energy system to withstand and recover from disruptions, such as natural disasters or supply chain disruptions, while maintaining a reliable supply of energy. Renewable energy contributes to energy resilience by diversifying the energy sources and reducing dependence on fossil fuels. Unlike fossil fuels, renewable energy sources such as solar, wind, and hydropower are abundant and widely distributed, making them less vulnerable to supply disruptions. Additionally, renewable energy systems can be decentralized and modular, allowing for local generation and distribution, which enhances resilience by reducing the reliance on centralized power grids. Overall, renewable energy helps to build a more resilient and sustainable energy system.