Thursday, June 04, 2009

Will Emerging Markets Make Renewable Energy More Democratic? - Renewable Energy World

"Will Emerging Markets Make Renewable Energy More Democratic?
by By Jennifer Kho, Contributor

* Turkey, which more than quadrupled to 345 megawatts from 97 megawatts.

Steve Sawyer, secretary general for the GWEC, said he expects to see a boom in Turkey before the other emerging markets in Europe. The country's rapidly-growing economy, combined with "no indigenous fossil-fuel resources to speak of," tremendous wind resources and a government that's greening up to enhance its bid to join the European Union, has contributed to the speedy growth of wind power in Turkey, he said. The country's windiness and high electricity prices make wind projects competitive without any major subsidies, he added."

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