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Green Energy sector, winning the world¡¯s competitive advantage
Time£º3/5/2011 2:42:33 PM

Green Energy sector, winning the world’s competitive advantage

Africa has of late been called the ‘dark continent’ not from a colonial historical perspective, but also from the economic philosophy.
The energy  sector of Africa especially the solar mechanism is worthy to sustain the whole world with light, but however, due to limited preferences in the achievement of such projects, most African countries have, but been seating on the golden seat of huge income flow.

Estimates for the investment
Research has it that Africa has substantial new and renewable energy resources, most of which are under-exploited.
Only about 7% of Africa’s enormous hydro potential has been harnessed. Existing estimates of hydro potential do not include small, mini and micro hydro opportunities, which are also significant.
Geothermal energy potential stands at 9000MW, but only about 60MW has been exploited in countries like Kenya. Estimates further indicate that a significant proportion of current electricity generation in 16 Eastern and Southern African countries could be met by bagasse-based cogeneration in the sugar industry.
Based on the limited initiatives that have been undertaken to date, renewable energy technologies (RETs) could contribute significantly to the development of the energy sector in eastern and southern African countries.
The world energy economy has the largest influence on the decisions that people and governments make.
Current global consumption rates are depleting the planets ability to sustain our way of life. Increased demand means increased prices in every sector of the world economy. Swaziland together with South Africa are about to witness the reality of hike price in energy consumption.

Many alternative energy companies are creating new economies in order to facilitate a more sustainable energy market and due to this attempt, the question can be, what possibilities can be employed as to explore and sustain new energy techniques.
It is now certain that the current energy systems and technological advancements available in the world are not sufficient to make the planet free from the carbon dioxide and other harmful byproducts emitted from those resources.
To solve this problem, there is a scope to build new technologies and bring the existing technologies together to get maximum benefit from the entire energy system including energy production, transformation, to energy transportation and distribution in Swaziland and the world at large.
Work in this direction will have to be taken at both macro and micro level in most countries especially those whose main source of revenue has been from the sector of energy.

Diversification in the energy economic sector
From the common carbon monoxides of the ancient economic management, green energy is proving its uprising in most economies around the world today for example;
Tim McCabe, who is the director of the Oregon Economic and Community Development Department, said that Oregon was focusing resources on “all things renewable.”
The state always showed a keen interest in solar and renewable energy in the past few years. And their efforts are bearing much good fruits in the form of clinching several coveted projects such as Solar World in Hillsboro, which became operational in October and have the largest solar cell manufacturing facility in North America.
Better still, the Swaziland electricity corporation (SEC) has been flexing its muscle in the sense that there is an obvious push on not only using less energy, but in finding other forms of energy that will allow the country to recover from the years of literally pillaging its natural resources.
The country has been using some pretty innovative techniques to lead the way and their designers are coming up with more energy efficient homes all the time like that of pay as you go electricity tariffs. However, with the promotion of using a smart card hopes to make people even more aware of the energy that they are using and more importantly, wasting.

China takes the challenge in energy
The other interesting economy which has taken this initiative seriously is China. The country is often dubbed as a heavy user of fossil fuels and polluter or a climate killer. Because it meets the 70% of its power needs by exploiting coals.
But they are making changes on the environment front too. Slowly and steadily they are choosing wind and solar power as their source of energy. China has earned the distinction of having the world’s largest solar-powered building at present.  The building covers an area of 75 000-square-meter. The office building is modeled after the sun dial structure.

Europe takes the platform
In Europe today, we can talk about UK’s energy the government shares its opinion, to say that “We recognise that the North Sea has huge resources, we are exploiting those in the UK quite intensively at the moment. But there are projects where it might make sense to join up with other countries, so this comes at a very good time for us.”
They are aiming to create a clean and green supergrid. This supergrid will be connected to wind farms of Scotland, solar panels of Germany and hydro-electric dams of Norway.
This project will be ready soon and then the first green European electricity grid will become a reality. They have expanded a network of thousands of kilometres of highly efficient undersea cables that will of course cost huge sums of money, but one can with a thumbs up say its worth it.

Benefits of the African heat and wind
Most African countries are conditioned with harsh weather and blowing winds that one may think investment is just something not possible at all!
But one would believe it that some countries have really gain maximum benefit both from the various industries and tourism just because of maximising the utility of the natural resources according.
When we talk about the Middle East Asia, we imagine harsh terrain, blazing sun and sand dunes. Abu Dhabi is a part of the United Arab Emirates. Its currently hostile area is being developed as the world’s first carbon neutral city in the coming five to 10 years. This city will be a green example that will not be constructed using polluting technologies and fossil fuels.
The greatest irony is this city would be located in a country that is a leading producer of fossil fuels. Its architects and designers claim that the city will be powered up by various forms of renewable energy, including solar and wind power.  One may ask doesn’t Africa exist in the same way? And the answer is  clear, in the same way.

Green Investments, Obama’s one of the stimulus
Obama with great conviction about this matter stated that ‘We are experiencing the effects of economic recession remotely or directly.’ President Obama has already anticipated the future of solar energy and other renewable energy sources.
He has clearly emphasized this by stating, ‘the country that figures out how to make cheaper energy that’s also clean, is going to win the economic competition of the future.’
Had the solar energy and wind mills been used accordingly in Africa, today we would not have been talking of how to distributing the little food, little fuel, little income among countries, because for example the Nambi desert, the great Sahara desert and many hot regions in the various countries in Africa and Swaziland in particular would simply be maximising the given providence of solar and wind.

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