Four-bln-dlr electricity warehouse planned for Mexico

Dec 09, 2010
Dubai-based company Rubenius plans to invest four billion dollars in a massive alternative energy storage site in northwest Mexico, Mexican President Felipe Calderon said Wednesday.

Dubai-based company Rubenius plans to invest four billion dollars in a massive alternative energy storage site in northwest Mexico, Mexican President Felipe Calderon said Wednesday.

"Without any doubt, it will be the biggest investment of its type in the world," Calderon said at a UN-backed climate conference in Cancun, on the Mexican Caribbean, that is seeking accords on reducing .

The project aims to relay solar and wind energy to Mexico's electricity network and will be implemented over seven years, said the firm's chairman Claus Rubenius.

"No one can control when wind and is generated, but it's possible to store the energy generated so it can be used at a suitable moment, in a suitable place," Calderon said.

The warehouse -- which Calderon said will be able to respond to the needs of "a whole city" -- will lie in Baja California, a hub for high-tech companies near the US border.

It will use solar, wind and geothermic energy already produced in the region, and be connected to generators on both sides of the border, Rubenius said.

Explore further: Imaging fuel injectors with neutrons

add to favorites email to friend print save as pdf

Related Stories

Blending wind and solar meets peak energy demands

Aug 13, 2010

In parts of Texas and California, a good match between renewable energy production and peak energy demands could be obtained by combining wind power with solar power, according to a U.S. Department of Agriculture ...

Report: Use 'brownfields' as energy parks

Jan 29, 2009

Northwest Michigan could generate hundreds of new jobs and generate enough electricity for thousands of its residents by converting abandoned factories and other brownfield sites for renewable energy production.

Could solar wind power Earth?

Oct 04, 2010

(PhysOrg.com) -- As we strive to find sources of alternative energy, a number of researchers continue to look to what we consider the ultimate in renewable energy -- the sun. However, on earth creating efficient ...

'Smart' fridges stay cool by talking to each other

Jan 13, 2009

(PhysOrg.com) -- 'Smart' fridges that run on renewable electricity and are capable of negotiating the most energy efficient way to keep food cold have been developed by researchers from CSIRO’s Energy Transformed ...

Recommended for you

Future of energy storage

40 minutes ago

MIT professor Fikile Brushett is in the process of taking the power generated by wind and solar, chemically lashing it to molecules derived from flora and fauna, and storing it in liquids until it's needed ...

Toyota, Grenoble set stage for test in ride-sharing

Sep 14, 2014

Toyota is testing ride-sharing. As simple as that may sound, the experiment indicates an innovative model for the future of urban transportation. The Grenoble metro area could turn out to be the trial stage ...

User comments : 0