Definition - What does Renewable Resource mean?
A Renewable Resource is a resource that does not harm the environment, is available free of charge and can be replenished or re-used again. The energy generated from renewable resources is called renewable energy. This energy is generated from natural resources like rain, wind, sunlight, geothermal hot springs and tides which are constantly replenished. These energy resources are present in different geographical areas contrasting other energy sources that are concentrated in limited number of countries. The renewable resources replace conventional fuels in four major areas:
- Water and air cooling or heating
- Rural energy services
- Electricity generation
- Motor fuels
Petropedia explains Renewable Resource
The rapid development of energy generated from renewable resources, technological diversification and energy efficiency results in the economic benefits and significant energy security. It reduces environmental pollution, e.g., air pollution which is caused by burning fossil fuels such as crude oil, natural gas and refined petroleum products. It also improves public health, reduces various premature moralities and saves the associated health costs. The technologies also include related and hybrid technologies. For instance, the technologies which predict the supply of renewable energy and the technologies which assist in delivery of the energy generated through the use of renewable energy by the consumers. While various projects are large scale, renewable technologies suit remote and rural areas and also the developing countries where the energy is mostly crucial in human development.