Publication Details
Issue: Vol 8, No 5 (2025)
ISSN: 2576-5973

Abstract

This study examines the economic and operational aspects of alternative energy sources, including solar, thermoelectric, biogas, and wind power systems, focusing on their development, design, and large-scale implementation. It evaluates the advantages, challenges, and financial constraints associated with these technologies while addressing key management strategies for efficient deployment. The research also explores entrepreneurship opportunities to expand the labour market for young professionals in the energy sector. The findings highlight the necessity of integrating economic planning with engineering expertise to ensure cost efficiency, sustainability, and regulatory compliance. By analyzing operational principles, material costs, and environmental impacts, this study provides insights into the feasibility of renewable energy sources. The results contribute to informed decision-making, supporting the transition to a sustainable and resilient energy framework.

Keywords
Economic challenges power plant management renewable energy alternative energy sources sustainable development energy efficiency environmental impact cost-benefit analysis energy entrepreneurship technological innovation.