New York Low Pressure Boiler COF Practice

What is a characteristic of renewable energy in relation to electric generation?

1. Less expensive; provides 15% of electric generation

2. More expensive; contributes to 13% of electric generation

3. Equally priced; accounts for 25% of electric generation

4. Cost-neutral; contributes 20% of electric generation

The correct answer is: More expensive; contributes to 13% of electric generation

The characteristic of renewable energy in relation to electric generation that states it is more expensive and contributes to 13% of electric generation reflects current trends and data regarding energy production and cost. While renewable energy sources such as wind, solar, and hydroelectric power have become increasingly cost-competitive over time, there are still instances where their initial investment and maintenance costs can be higher than traditional fossil fuels. The percentage indicates the share of renewable sources in the overall electricity generation mix. As of recent statistics, it's understood that while renewables are growing, they still make up a smaller portion of the total generation compared to more established and widespread sources like natural gas and coal. This understanding is crucial in analyzing the energy market dynamics and planning for future energy policies.