The Penman-Monteith equation is a widely used formula for estimating evapotranspiration from land surfaces, particularly in agricultural and hydrological studies. This equation combines both energy balance and aerodynamic principles to provide a comprehensive estimate of how much water is lost from soil and plants through evaporation and transpiration. It plays a crucial role in water balance calculations by providing a reliable method to quantify evapotranspiration, which is essential for understanding water availability and management in various ecosystems.
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