the demand for FF likely isn't going anywhere, the manufacturing of green tech requires....... OIL!We really missed our chance not getting filthy rich from the Oil boom of the last sixty years
the demand for FF likely isn't going anywhere, the manufacturing of green tech requires....... OIL!
Oil will never disappear in use, in fact it’ll only get more demand in the future. We still can catch the Oil boom after we stabilize SomaliaWe really missed our chance not getting filthy rich from the Oil boom of the last sixty years, the profits from that era could have funded a pi to renewables independently and without falling into debt.
So we basically get mass foreign investment by promising electricity to our neighboring regions in Middle East and Africa?Somalia could justify massive wind power projects by selling GWs to other countries. The total potential is more than THREE times that of the proposed Inga Dam of the Congo (70GW) where multiple countries have already shown interest in purchasing GWs.
Our advantage is Somalia’s pristine location at the gateways of multiple booming geographic zones; Africa, the Middle-East, Asia and with the continuous advancement of submarine cable technology perhaps even Europe.
Submarine power cables connecting the wind and solar farms of Somalia with the grids of Saudi Arabia, the Gulf States, and India or overland transmission cables connecting with the whole of Northeast Africa and Southeastern Africa would net Somalia hundreds of billions of dollars through the export of renewable energy.
We really missed our chance not getting filthy rich from the Oil boom of the last sixty years, the profits from that era could have funded a pi to renewables independently and without falling into debt.
As for the future, each time the Federal or a regional government establishes a wind or solar farm it should directly power an important factory, industrial park or processing facility in the region like a Salt or Cement plant so the profits could be reinvested into new projects, while the surplus energy could be transferred to the national and regional grids.
This is how normal countries work.