2. Africa Needs Power Vestas Market Entry Study South East Africa By Hans R. Vestergaard, Senior Vice President Sales, Vestas Central Europe Copenhagen, Beyond BRIC Conference -- 8 th December 2010
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4. “ AFRICA NEEDS POWER” … and we are going to bring just that!
17. Coega turbine had very short lead time V90 2MW. The biggest turbine in Africa Installed in Port Elizabeth, South Africa in June 2010 Supply about 2500 South African households with clean energy every year* * based on average 2005 data (Winkler et al. 2005).
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Editor's Notes
Wind energy is one of the only energy generation technologies that is available, cost‐effective and rapidly deployable and can help reduce emissions in the short term. Other energy options are theoretically available – but either they take more than a decade to build, or they are not as commercially ready. A wind farm can be built in less than two years, and provides immediate emission reductions and is cheaper than many other energy options. Wind turbines have increased their power generation by a factor of more than 100 since the beginning of the 1980s. Energy costs for wind have fallen by 80 percent in the past 20 years, making it competitive with coal and natural gas, on a level playing field. With the right framework and incentives, it has been predicted that wind power could provide up to 10 percent of the world’s electricity by 2020, though if we have our way it will be far far more than this prediction. Wind power is competitive –it improved Vestas turbine technology is bringing down the cost of wind energy, making it a highly competitive energy source. Wind power is predictable ‐ wind energy is a sound and reliable business investment, creating a strong case for adding more wind to the energy mix. Wind power is independent ‐ wind knows no limits or national boundaries. And harnessing this natural resource can boost local jobs and local energy production. Wind power is fast ‐ wind is abundant and readily accessible – and a wind power plant can generate a return on investment in just one year. Wind power is clean ‐ wind energy produces no CO2 and it doesn’t consume our precious fresh water resources in energy generation.
