Orient Green Power Narrows Quarterly Loss to Rs 15.09 Crore
Orient Green Power Narrows Quarterly Loss to Rs 15.09 Crore

Orient Green Power Narrows Quarterly Loss to Rs 15.09 Crore

News summary

The expansion of renewable energy, while essential for sustainability, poses complex challenges regarding environmental impact, social acceptance, and system costs. A recent study highlights that public resistance to the visibility of renewable infrastructure like wind turbines and solar panels often shapes where these are placed, with efforts to minimize visual impact frequently leading to higher overall system costs. Meanwhile, concerns have been raised about renewable energy zones being sited in less populated areas, potentially at the expense of endangered species and local environments. These trade-offs underscore the need for policymakers to carefully balance the techno-economic, operational, and environmental factors when planning the deployment of renewables. Comprehensive modeling suggests that optimizing for aesthetics or minimizing disruption may increase costs, but can improve public acceptance and mitigate some environmental harm.

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