US onshore oil production averages a 33 percent IRR, observes a Wood Mackenzie report ‘How oil & gas Majors can scale in renewables’. By comparison, a wind project in a developed country generates around 7 percent IRR, while solar earns just 5 percent.
Month: December 2018
Here are a few examples of some of the recent work as a journalist, writer, researcher for various corporate clients and publications in the month of November. Cavendish Group International Completion of all editorial content of the Q4 edition 2018. Power Engineering and Technology Q4 18 PGT Contents Updates redT […]
Today investment in renewables projects is no longer looked at as an eccentric thing to do. Increasingly, not investing in such projects is seen as eccentric. Here are a few examples of planned and proposed renewable energy projects in various parts of the world. If these projects prove bankable and […]
The Amazon rainforest is home to 11,676 known species of trees and is larger than the rain forests of the Congo Basin and Indonesia combined… To help restore some of the 29.6 million acres of Brazil’s rainforest, a multimillion-dollar initiative, “ the largest tropical reforestation project in history” aims to plant 73 million new trees on […]
For the state of California, offshore wind is a matter of catch up, since they have to catch up with offshore wind developers and experts in Europe. One thing is for certain, it is no longer a prospect of if there will be an offshore wind business in California, but one of figuring out the best solution for making it work.