Subject: East Timor needs to invest US$600 million in renewable energy
East Timor needs to invest US$600 million in renewable energy [
Dili, East Timor, 3 June ? The government of East Timor will have to
invest over US$600 million in order that by 2020 half of the energy
produced in the country is from renewable sources, according to a
statement published Wednesday by the country's Council of Ministers.
Following the presentation to the government of a study ordered from
Portuguese company Martifer on the country's potential to produce
alternative energy, the Council of Ministers issued a statement noting
that, "focusing on renewable energy is fundamental for the country."
In the statement the Council of Ministers said that the target would
save more than 50 million litres of fuel and reduce emissions by over 3
million tons of equivalent CO2."
The study was ordered from Martifer by the State Secretariat for
Energy Policy, with the aim of "defining a global, concrete and phased
plan for expanded distribution of energy across the Country, based on
The study that was carried out included an exhaustive assessment of the
main renewable resources, which required the analysis of the flow of
Timor's main rivers in order to identify potential hydro power
facilities and installation of wind measuring towers to estimate the
possibility of energy production.
Martifer's study concluded that there is a high potential for
electricity production from renewable sources, particularly water
resources (252 MW) and wind (72 MW).
Significant potential energy from solar, biomass and solid urban waste
sources was also identified, along with over 50 potential projects with
installed capacity of 451 MW. (macauhub)
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