Wind power with benefits
Thursday, April 19, 2012 - 08:02
in Mathematics & Economics
Which renewable energy sources should be funded in developing and emerging countries? A team of scientists headed by Tobias Schmidt from the ETH Zurichs Department of Management, Technology and Economics (D-MTEC) looked into this question. The researchers calculated and compared what it would cost to generate a tenth of the electricity demand with wind power or photovoltaics for six selected countries in the south. The result: with one franc or dollar of funding, you can produce more electricity in all the countries examined Brazil, Egypt, India, Kenya, Nicaragua and Thailand if the money is invested in wind power plants.