New fossil fuel sources generally have a lower EROI than older ones. Energy generated in relation to the energy consumed to create it is measured using the Energy Return on Investment (EROI) ratio.
The ratio, for instance, would show how much energy is used on finding, extracting, transporting, and refining crude oil in comparison to the amount of usable energy produced. Energy sources that can be accessed relatively inexpensively will allow the price to remain low, hence the energy return on investment (EROI) is a major factor in determining the cost of energy. EROI is crucial because an energy plant is not economically feasible if its costs exceed its earnings from selling power. Organizations and governments may assess the profitability of various energy sources, such as nuclear vs. solar electricity, with the aid of EROI.
learn more about Energy return on investment here:
https://brainly.com/question/29317254
#SPJ4