Mongolia eyes renewable energy as climate warms SMH June 5, 2013 Mongolia, which is banking on a mining-led investment boom to develop its economy, is aiming to turn itself into a regional renewable energy hub as it tries to fight off the pressures of global warming, the country’s president said.
“We have some ideas of how Mongolia can be Asia’s super grid for wind power and solar power, and other renewable energies. If we use all the wind power (potential) in the country, we can enhance the energy supply of China and all over Asia.”
Mongolia was chosen to host the U.N.’s World Environment Day on June 5, and at a news conference to mark the occasion, officials said the country also planned to better regulate a mining sector that is polluting an already fragile environment……..
Achim Steiner, head of the U.N. Environment Programme told Reuters during a visit this week that Mongolia had seen average temperatures rise 2.1 degrees Celsius (3.8 F) in the past 60 to 70 years – about three times faster than the global average.
Its high altitude and sparse vegetation in many regions made the nation vulnerable…..
Mongolia to Increase Renewable Energy Development, Xinhua Says http://www.bloomberg.com/news/2012-11-12/mongolia-to-increase-renewable-energy-development-xinhua-says.html By Ehren Goossens - Nov 12, Mongolia plans to increase the amount of energy produced from renewable sources, the country’s President Tsakhia Elbegdorj said Monday, according to China ’s official Xinhua News Agency.
The country expects to produce 20 percent to 25 percent of its electricity from wind, solar and other renewable resources by 2020, Elbegdorj said at the Northeast Asia Renewable Energy Resources Cooperation Forum. He didn’t say how much renewable energy is produced now.
Mongolia has the potential to meet its entire domestic energy demand with renewable power, Elbegdorj said.
The group has six wind-power plant projects that are due to bring 1,000 megawatts online in the country by 2020. In the U.S., that would be enough to power about 800,000 homes. In Mongolia’s economy, it would stretch much further.
Mongolia’s Renewables Belittle World’s Nuclear Supply, Bloomberg, By Yuriy Humber Jan 5, 2012 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.
That’s what Newcom Group’s acting Chief Executive Office Byambasaikhan Bayanjargal recently told investors in Hong Kong. Of that, close to 40 percent of the potential is in wind, and Bayanjargal is eager to harness it….. Read more »
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