Uninterrupted access to electricity is a prerequisite to economic growth, resilient communities and increasing quality of life. The planet is starting to understand the consequences of using fossil fuel sources. We know we have to change our perspective on energy production and consumption in short order if we are to keep a habitable planet for future generations to come.
At the same time, there remain areas of the world without reliable access to energy, renewable or otherwise. Rolling blackouts and interrupted services are holding back progress in many countries. In Africa, the population now stands over 1 billion with hundreds of millions of those people in countries south of the Sahara having no reliable access to electricity. We have been working closely with our partners in Africa to solve problems like this, powering progress in countries like Ghana in West Africa with new, clean, commercially-viable technologies in hydropower.
Interest in hydropower to produce renewable energy has skyrocketed over the past decade, particularly in hydropower which harnesses energy stored in moving water. 76% of all renewable global energy is hydroelectric. In fact, total hydropower production worldwide has increased by 45% since 2004 — up 4% in 2014 alone.
HYDROKINETIC POWER GENERATION
Our specially designed hydrokinetic turbines harness the energy in flowing water more effectively than has been traditionally possible. Quickly deployed, partially or fully submerged in deep or shallow waters, our systems are ideal for supplementing electrical supply and infrastructure at existing dams – or for rural electrification by extending power generation capabilities to remote river areas with no dams.
Traditional hydropower projects require costly infrastructure builds, present social and environmental challenges and take years to complete. Return on investment for hydro projects that require new dam construction can take decades or more. In contrast, Zoetic’s hydrokinetic solutions can be delivered in a fraction of the time, with quicker Return on Investment and far lower risk.