BOGOTA,COLOMBIA, (BERNAMA-NNN-IDB) — Latin America and the Caribbean’s renewable energy endowment is large enough to cover its projected 2050 electricity needs 22 times over, according to a new report commissioned by the Inter-American Development Bank (IDB).
The report, Rethinking our Energy Future, argues that lower prices and new technologies are making renewables a viable alternative. Solar, geothermal, wave, wind and biomass sources in this region could produce up to 80 petawatt-hour of electricity.
One petawatt-hour is equivalent to 1 trillion kilowatt-hour, roughly three times the amount of electricity Mexico consumes in one year. At present, Latin America generates 1.3 petawatt hour. By 2050, demand is expected to grow to between 2.5 to 3.5 petawatt- hour.
This story does not mention Montserrat, but the information and excitement, should be of interest to Montserrat. Read the full story here: http://tinyurl.com/jw4afhv
