Abstract

Large-scale global use of new renewable energy sources (RES) necessitates massive physical resources. Present study shows that more than 99.5% of the materials needed in new RES systems are basic construction materials and metals abundantly available. Special elements may constitute future bottle-necks in some PV technologies. The extra financial resources needed over traditional energy to achieve a breakthrough in PV and wind power range from 100 to 500 billion $ for a period of 20–30 years influenced by technology progress and speed of penetration, but in solar heating much less. This upfront support could be paid back within 15–25 years later through cheaper and cleaner energy. Compared to nuclear power the resource numbers estimated are of the same order of magnitude.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.