How can you evaluate the economic benefits of renewable energy sources with EIA in Energy Management?

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Renewable energy sources, such as solar, wind, and hydro, are increasingly popular and beneficial for the environment, but how can you assess their economic value and impact? One of the tools that can help you is EIA, or environmental impact assessment, which is a systematic process of evaluating the potential environmental effects of a proposed project, plan, policy, or program. EIA can help you compare the costs and benefits of different renewable energy options, as well as identify and mitigate any negative impacts on the environment and society. In this article, you will learn how to use EIA in energy management, and how to combine it with life cycle assessment (LCA) to get a comprehensive picture of the environmental and economic performance of renewable energy sources.

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