Renewable Energy (RE)
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RE resources are replenished (or produced) in a short period of time (varies with the type of resources). Some of the RE resources are biomass (agricultural waste), hydro, solid waste, sewerage, solar, wind, wave and geothermal.

These RE resources have huge challenges to achieve ‘grid parity’. In addition to that, logistics, volume of resources and efficiency remains a main stumbling block. With improving technology, these resources are being placed as the possible replacement for world’s increasing energy demand. However, the ability of these resources achieving ‘base load’ (except for hydro) is still far from reach.

Therefore, the years to come will be a very exciting one for the development of RE resources.

(Grid parity is sustainable cost recovery for generation and supply of electricity via tariff)














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