Mongolia's Renewables Belittle World's Nuclear Supply - Bloomberg: "Untapped mineral riches are fueling Mongolia’s ambition to compete with Australia and Brazil in Asia. The nation's resource-based economy grew 21 percent last quarter alone.
This largesse obscures a potential aboveground treasure also awaiting investors.
The world’s most sparsely populated nation has the potential to generate 2.6 million megawatts of wind, solar, geothermal and hydropower, based on data collected by the U.S. National Renewable Energy Laboratory and the Mongolian National Renewable Energy Center.
That's a fantastic figure. It's seven times the capacity of all the world's operable nuclear reactors combined, according to world nuclear association data. In contrast, Mongolia’s current power capacity is less than that of one large coal plant, just 878 megawatts"
'via Blog this'
This largesse obscures a potential aboveground treasure also awaiting investors.
The world’s most sparsely populated nation has the potential to generate 2.6 million megawatts of wind, solar, geothermal and hydropower, based on data collected by the U.S. National Renewable Energy Laboratory and the Mongolian National Renewable Energy Center.
That's a fantastic figure. It's seven times the capacity of all the world's operable nuclear reactors combined, according to world nuclear association data. In contrast, Mongolia’s current power capacity is less than that of one large coal plant, just 878 megawatts"
'via Blog this'