2009 Nov 27
SADC Member States are slowly turning to wind power to boost production and meet the ever-growing demand for electricity in the region, as the need for cleaner and alternative energy sources gains momentum.
Among the countries leading the search on how to harness the huge wind potential that lies untapped in the region areMadagascar, Mozambique, Namibia, South Africa and Tanzania. Sub-Saharan Africa has the potential to provide more than 170 gigawatts (GW) of additional power generation capacity - far more than the sub-region's current installations through exploiting "low-carbon" energy sources such as wind, hydro and solar, according to the African Development Bank (AfDB).
Wind energy, which involves using air to turn turbines and generate electricity, is regarded as one of the most reliable and clean forms of power that does not pollute the environment compared to other forms such as thermal. Wind farms are also relatively easier to construct - as it takes only a year to build one with a capacity of 100 megawatts (MW). Because of this, SADC Member States are scaling up their efforts to exploit the alternative source of energy that has emerged as one of the most lucrative source of "carbon financing" under the Clean Development Mechanism. South Africa plans to commission at least 400 MW of wind power by independent power producers within the next three years. Most of the plants will be located along the West Coast that has the potential to generate about 10,000 MW of electricity.
Read more: http://www.tradingmarkets.com/.site/news/Stock%20News/2683715/
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