Renewable energy potential is a resource that needs to be exploited to promote social well-being. In spite of the fact that, by definition, renewable resources are naturally replenished, sub-optimal exploitation of these resources not only implies failure to capitalize on the benefits, but also additional costs (e.g. opportunity costs associated with not utilizing a resource, not utilizing it to its maximum potential or not utilizing it at the most appropriate time). In other words, decision-making regarding the exploitation of this potential is limited by the sectoral costs and benefits.

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