Solar and Wind Energy Start to Win on Price vs. Conventional Fuels
The modern world has been waiting for a time where renewable energy is more cost efficient when compared to natural gases and other non-renewable resources. It seems that this day is finally arrived or, at least, very close. The cost to produce wind and solar energy farms has plummeted over the past year. So much so that it actually is more cost efficient to use these alternative methods over conventional ones.
Utility executives say that the new era has only just begun. There is much progress, but there is also much more to be done, such as, spreading the markets across the globe and pushing the prices even lower. The past year has brought many advancements in the green energy world and now the fruits of the United State's labor are finally present.
As an observer, I am glad to see that this change of energy ways and resources has finally arrived. The world isn't a bottomless pit and some of our resources will run dry, like oil and other natural gases. Now that the day is here where, in some parts of the US, depending on the climate, the cost of wind and solar energy production is actually cheaper than natural gases, the US need to know how to take this technology elsewhere and make the whole world a more suitable place for the future. Location and climate still present issues, but I'm sure it's nothing the United States can't handle.
Friday, December 19, 2014
Kenya to Develop Africa's Largest Wind Project- Oil Price
Kenya to Develop Africa's Largest Wind Projects
Wind Energy company, Vestas, recently won a contract with the Kenyan government, allowing the construction of the biggest wind farm in Africa. The company is looking to build, specifically, 365 wind turbines. Furthermore, the company stated that the location of the farm is quite unique and at a relatively high altitude suitable for wind energy production.
The farm will give Africa a starting point for alternative energy and spark a new era for Africa. The continent has a lot to work on to begin with, but this can be a starting point for the future of energy. Vestas happens to be owned by the Danes, but, still, Africa will now be introduced to a new type of production. All in all, the new farm has a lot of uses. Not only will it produce energy, but it will also aid Africa in starting a revolution and a new era in energy production.
The farm will cost 800 million dollars, but is said to save 186 million dollars per year in energy costs. Therefore, in four years time, the farm will provide Kenya with a profit in energy costs. This farm provides quite a few benefits ranging from costs to an advent of renewable energy in a third world continent. This revolution is something that I believe needs to occur in all parts of the world. We will run out of natural gases and there needs to be a alternative or there will be fatal consequences all around the world.
Wind Energy company, Vestas, recently won a contract with the Kenyan government, allowing the construction of the biggest wind farm in Africa. The company is looking to build, specifically, 365 wind turbines. Furthermore, the company stated that the location of the farm is quite unique and at a relatively high altitude suitable for wind energy production.
The farm will give Africa a starting point for alternative energy and spark a new era for Africa. The continent has a lot to work on to begin with, but this can be a starting point for the future of energy. Vestas happens to be owned by the Danes, but, still, Africa will now be introduced to a new type of production. All in all, the new farm has a lot of uses. Not only will it produce energy, but it will also aid Africa in starting a revolution and a new era in energy production.
The farm will cost 800 million dollars, but is said to save 186 million dollars per year in energy costs. Therefore, in four years time, the farm will provide Kenya with a profit in energy costs. This farm provides quite a few benefits ranging from costs to an advent of renewable energy in a third world continent. This revolution is something that I believe needs to occur in all parts of the world. We will run out of natural gases and there needs to be a alternative or there will be fatal consequences all around the world.
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