13 May '12, 5pm

Wind Cheapest Form of Energy in Kenya and Nicaragua

Wind Cheapest Form of Energy in Kenya and Nicaragua

However, some government policies make wind’s cheap price less than obvious: “natural gas and crude oil are subsidised in many countries,” Fabio Bergamin writes on ETH Life . “Egypt, for instance, supplies its own natural gas to the electricity companies at about half the global market price. Also in other countries, there are hidden subsidies. Kenya, for example, maintains the electricity price at a low level and covers the deficits in the production of power caused by the rising oil prices with tax money.”

Full article: http://cleantechnica.com/2012/05/13/wind-cheapest-form-of...

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