Thursday, October 19th, 2017

Badly located renewable power plants cost Europe $100 billion: Davos report

<img src="http://www.davidsellers.com/wp-content/plugins/wp-o-matic/cache/3692b1dfc8_2015-01-20T200336Z-1-LYNXMPEB0J0VR-RTROPTP-2-GERMANY.JPG" width="130" height="86" alt="solar panels are seen under a cloudy sky in Bad Hersfeld” align=”left” title=”solar panels are seen under a cloudy sky in Bad Hersfeld” border=”0″ />By Geert De Clercq PARIS (Reuters) – Europe could have saved itself $100 billion by installing solar power panels in sunnier countries and wind turbines in windier places, the World Economic Forum's "Future of Electricity" platform said in a report released on Tuesday. It said that even though Spain gets about 65 percent more solar energy than Germany (1750 kilowatt-hours per square meter/year compared to 1050 kWh/m2 for Germany), Germany has installed about 600 percent more solar photovoltaic capacity (33 gigawatts compared to 5 GW).


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