Final answer:
Solar energy is a renewable resource, but economic factors such as the need for storage, installation costs, and limitations in direct use can prevent its maximum exploitation.
Step-by-step explanation:
Solar energy is a renewable resource that has the potential to provide clean and sustainable power. However, there are economic factors that can limit its maximum exploitation. One such factor is the need for storage due to the intermittent availability of solar energy. This requires investment in energy storage technologies, such as batteries, which can be expensive and may pose challenges in terms of scalability and efficiency.
Another economic factor is the initial cost of installing solar panels and related infrastructure. Although the cost of solar panels has decreased over the years, it still remains a significant upfront investment. Additionally, the maintenance and operation costs of solar energy systems should be considered.
Lastly, while solar energy can be harnessed for various applications, there are limitations in terms of its direct use. For example, solar energy cannot be easily converted into a form suitable for powering vehicles without the use of additional technologies like solar-powered electric vehicles. Such technologies are still developing and may present economic challenges.
Learn more about Renewable energy