Saturday, March 26, 2011

Venzuela Goes for Renewable Energy

Venezuela is looking to add itself to the renewable energy map, particularly in wind energy. According to an insider who did not want to be named, Venezuela is poised to build enough wind farms to produce about 1,600MW of renewable electricity by 2020. To kick start this process, there are at least three wind projects already in the works.

There have been reports that claim that Venezuela has the potential to generate about 20,000 MW in electricity, while others state 10,000 MW. The insider states that, “Those numbers are definitely too big.” going on to say “If you consider that 45,000 MW will be installed in the whole North Sea by 2050, how can nearly half of that be put to work in Venezuela?”

Source: Solar Energy

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