22 Feb '12, 9pm

Marshaling the Winds of Mongolia

Construction is to begin in March on Mongolia’s first wind farm, and its backers hope it will be the beginning of a renewable energy boom. Mongolia’s first wind installation is a $120 million project that will provide 5 percent of the country’s electricity demand. Transmission lines were installed last year, while turbine construction waited out the fierce Mongolian winter. It is scheduled to begin in March. The 50-megawatt installation will provide the first new power added to Mongolia’s grid since 1986 — when the population was 30 percent smaller — and it is the country’s first-ever private energy enterprise. “The rest of the energy sector is all state owned. We are essentially breaking a monopoly,” said Bayanjargal Byambasaikhan, chief executive of the Mongolian investment firm Newcom, which holds a 75 percent share in the project. Until 1990, a Soviet-style communist p...

Full article: http://green.blogs.nytimes.com/2012/02/22/marshalling-the...

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Green Blog: Marshaling the Winds of Mongolia: A...

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