Rwanda’s Clean Energy Future

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Nov. 20 (Bloomberg) -- Bloomberg’s Kieron Stopforth reports on Rwanda's clean energy options and the cost associated with bringing renewable energy to the nation. He speaks on Bloomberg Television’s “The Pulse.” (Source: Bloomberg)

Go with fossil fuels or the to make a bolder decision to go with the clean energy fuels corp.

This is a tough decision, considering the history that the country has any energy demands for the people.

At some point, you have to think about it.

That is right.

In the study that we have done, we have shown that by 2020, will be looking at energy future that needs 100% of the energy demand through clean energy a loan.

That is giving electricity access to 100% of the population . at what cost?

They have a plan to expand the sector.

We have look to the clean energy future and we think it will only cost 2.9 billion and it works out cheaper.

What calculations are you making?

Clean energy is a evolving technology and will become cheaper.

Does that factor into your thinking?

We are looking at the up- front costs of the technology.

There is geothermal and hydropower.

Initial indications show that the government is positive on the plan and they want to monitor it more closely.

We are optimistic that they'll take a close look at this.

Money is one thing and risks are in other.

Are these technologies proven?

They have been used for a long time and they can deliver.

What risks are associated with going with clean energy?

Yes.

Clean energy in rwanda means bringing in solar technology and devastating that in a country where it has not been demonstrated before.

The country currently spends five percent of gdp every year on fuel.

Once we will leave it there.

Thank you very much indeed.

This is coming up.

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