Explain the concept of renewable energy.

Economics Supply And Demand Questions



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Explain the concept of renewable energy.

Renewable energy refers to energy sources that are naturally replenished and can be used repeatedly without being depleted. These energy sources include solar power, wind power, hydroelectric power, geothermal energy, and biomass. Unlike fossil fuels, which are finite and non-renewable, renewable energy is sustainable and has a minimal impact on the environment. It plays a crucial role in reducing greenhouse gas emissions, combating climate change, and promoting a more sustainable and clean energy future.