Cuba has recently enacted its National Electric Development program that hopes to significantly increase its electricity production capacity. The Island hopes to increase the amount of its electricity that is generated from renewable sources to 24% by 2030. 96% of Cuba’s electricity is currently coming from fossil fuels. By cutting back on these and moving to more renewable energy options, Cuba would be able to save $780 million annually.
Currently, renewable energy output accounts for a mere 4.3% of the country’s total electricity production. This new plan, however, aims to increase investment in renewable energy initiatives by $3.5 billion in the next 15 years. The Communist Party reported that this is a strong attempt to develop the sector.
Cuba plans to install solar and wind farms and small hydropower stations. In addition to this, plans are being made to create bioelectric plants which function solely off burning marabou wood and sugar cane.
Source: http://www.telesurtv.net/english/news/Cuba-Seeks-to-Enhance-Renewable-Energy-Capabilities--20141108-0004.html
Currently, renewable energy output accounts for a mere 4.3% of the country’s total electricity production. This new plan, however, aims to increase investment in renewable energy initiatives by $3.5 billion in the next 15 years. The Communist Party reported that this is a strong attempt to develop the sector.
Cuba plans to install solar and wind farms and small hydropower stations. In addition to this, plans are being made to create bioelectric plants which function solely off burning marabou wood and sugar cane.
Source: http://www.telesurtv.net/english/news/Cuba-Seeks-to-Enhance-Renewable-Energy-Capabilities--20141108-0004.html
