Which energy source is associated with higher costs but a lower percentage of electric generation?

The choice of renewable energy as the correct answer relates to the dynamics of energy production and costs. While renewable energy sources, such as wind, solar, and hydropower, have made significant advancements and are increasingly being adopted, they often come with higher upfront investment costs compared to traditional energy sources like coal and natural gas. This is primarily due to the technology required for capture and conversion, as well as infrastructure development.

In terms of electric generation, renewable energy contributes a smaller percentage to the overall energy mix compared to fossil fuels and nuclear power. While the market share of renewables is growing significantly, it still represents a relatively smaller portion of total electricity generation when looking at historical and current data.

Understanding this balance between cost and generation percentage is crucial. As renewables continue to advance, efficiencies may improve, leading to lower long-term operational costs. However, the characteristic that makes renewable energy a high-cost option at the outset remains a significant discussion point in the energy sector.