Though there is a lot of importance given to renewable energy but is it really not the solution to energy problem because 

nich market and a tough competition with existing fossil fuel industry 

it is still expensive 

Is not 100% reliable 

 

Nothing is certain. Costs come down. Fossil fuels bring additional costs borne out by everyone. 

Renewable energy is absolutely a key piece of the puzzle. As are batteries. We need a way to more easily capture, transport, and store that energy. 

But what did you want to discuss exactly? Your OP reads like a bot with confused parameters. 

2 minutes ago, Zenith29 said:

Though there is a lot of importance given to renewable energy but is it really not the solution to energy problem because 

nich market and a tough competition with existing fossil fuel industry 

it is still expensive 

Citations needed.

 

2 minutes ago, Zenith29 said:

Is not 100% reliable 

If you paid attention to what happened in Texas, you’d see the renewables were more reliable than the fossil fuels.

https://www.usatoday.com/story/opinion/2024/02/13/wind-solar-power-alternative-energy-extreme-weather-reliability/72568371007/

 

How about more evidence and fewer talking points?

2 hours ago, Zenith29 said:

Though there is a lot of importance given to renewable energy but is it really not the solution to energy problem because 

nich market and a tough competition with existing fossil fuel industry 

it is still expensive 

Is not 100% reliable 

 

A lot of importance is given to Faraday's new electromotive motor and there is considerable hype that it might be amenable to practical applications where Mr Watt's engine proves cumbersome.  However it's hard to see this ever going beyond a few niche markets, given the considerable expense and labor involved in the fabrication, not to mention the problems of creating a wide availability of electrical generation and transmission.  Mr Faraday's device appears to be more a toy than a real solution in providing mechanical power in quotidian uses.

12 hours ago, Zenith29 said:

Though there is a lot of importance given to renewable energy but is it really not the solution to energy problem because 

nich market and a tough competition with existing fossil fuel industry 

it is still expensive 

Is not 100% reliable 

 

Your premise appears to be false. Renewable generation is now competitive with fossil fuel electricity production: https://www.weforum.org/agenda/2020/06/cost-renewable-energy-cheaper-coal/

 

 

16 hours ago, Zenith29 said:

Though there is a lot of importance given to renewable energy but is it really not the solution to energy problem because 

nich market and a tough competition with existing fossil fuel industry 

it is still expensive 

Is not 100% reliable 

 

Since the energy problem is, that it's not sustainable, renewable energy is the only viable answer; dispite what the accountant says...

I wouldn't trust an accountant to organise my holiday, whatever budget I gave him/it/her, it would never be enough to make us both happy...

On 2/14/2024 at 9:38 AM, Zenith29 said:

Though there is a lot of importance given to renewable energy but is it really not the solution to energy problem because 

nich market and a tough competition with existing fossil fuel industry 

it is still expensive 

Is not 100% reliable 

 

 

If you want to make arguments to support these assertions you are welcome, but stating them doesn't make them true. In my experience pretty much only staunch doubt, deny, delay opponents of addressing global warming seem chronically unable to update what they are sure they know about climate science or climate policy or options for doing something, like renewable energy.

Around 3/4 of all new electricity generation being added around the world is now solar and wind, on their merits, as commercial decisions - not out of deep commitment to zero emissions (although the possibility of emissions accountability emerging in the future does figure into investment decisions) but because of this -

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