.jpg)
FINDING answers to climate change is one of the greatest challenges of the 21st century. And energy efficiency plays a key role. Our innovations must efficiently generate, transmit and distribute the power we need while drastically reducing CO2 emissions. Sustainable and affordable electricity is good for the environment and or the people who depend on it to power their lives.
Our prospects for developing into a highly industrialised state are closely linked with the question of cheap and abundant energy supplies. The high and continually escalating price of oil is a serious problem. We have, therefore, to pay great attention to the possibility of using, as far as practical, technology which would reduce our dependence on imported fossil fuels. We must put aside our differences and think of wood, charcoal-and HYDRO-POWER. (AFHP)
The development of heavy industries, in particular, depends upon the availability of relatively cheap and abundant supply of energy. We have vast hydro-power potentials. If we could harness this potential of the Amaila falls, (AFHP) our future as an industrialised country would be assured. We have to identify the Amaila as the best source of hydro-power for our purposes at the moment. The studies show, according to IDB and World Bank, it was a carefully prepared project to link the generation of hydro-power at Amaila (AFHP) with the establishment for heavy industries.
This project fully accords with government’s basic strategy of linking industry with our resources and processing our raw materials to higher stages. The cost of this hydro-power project at today’s price is US$ 5.2 million. For us, this is an astronomical sum. But given the extremely highly cost of imported fuel and projections of continuing strong demand for manufacturing increases and the value of our raw materials for many years to come, the project is entirely feasible. As the President and the Private Sector Commission once remarked, the realisation of this project would bring Guyana, at one leap, into the 21st century. The realisation of this project must be a dominant consideration informing and influencing our foreign policy initiatives.
The price of oil running at US$140 per barrel has contributed to predictions that the investment climate is probably not stable enough to avoid a cyclical rebound to an economic recovery. Despite the challenges that lie ahead of the project, there are grounds for optimism pointing increasingly to an energy secure future for Guyana.
Our prospects for developing into a highly industrialised state are closely linked with the question of cheap and abundant energy supplies. The high and continually escalating price of oil is a serious problem. We have, therefore, to pay great attention to the possibility of using, as far as practical, technology which would reduce our dependence on imported fossil fuels. We must put aside our differences and think of wood, charcoal-and HYDRO-POWER. (AFHP)
The development of heavy industries, in particular, depends upon the availability of relatively cheap and abundant supply of energy. We have vast hydro-power potentials. If we could harness this potential of the Amaila falls, (AFHP) our future as an industrialised country would be assured. We have to identify the Amaila as the best source of hydro-power for our purposes at the moment. The studies show, according to IDB and World Bank, it was a carefully prepared project to link the generation of hydro-power at Amaila (AFHP) with the establishment for heavy industries.
This project fully accords with government’s basic strategy of linking industry with our resources and processing our raw materials to higher stages. The cost of this hydro-power project at today’s price is US$ 5.2 million. For us, this is an astronomical sum. But given the extremely highly cost of imported fuel and projections of continuing strong demand for manufacturing increases and the value of our raw materials for many years to come, the project is entirely feasible. As the President and the Private Sector Commission once remarked, the realisation of this project would bring Guyana, at one leap, into the 21st century. The realisation of this project must be a dominant consideration informing and influencing our foreign policy initiatives.
The price of oil running at US$140 per barrel has contributed to predictions that the investment climate is probably not stable enough to avoid a cyclical rebound to an economic recovery. Despite the challenges that lie ahead of the project, there are grounds for optimism pointing increasingly to an energy secure future for Guyana.
