Eskom, supplier of around 95 percent of South Africa’s electricity, is in the grip of a severe financial crisis reporting a post- tax loss of R2.3 billion ($0.17 billion) , a 0.9 percent decline in sales and a rise in gearing ratio, (which measures debt relative to equity) to 72 […]
Traditional fossil-fuel based and capital-intensive energy projects, owned by national and international oil and gas companies or large utilities such as Eskom, RWE, Eon, are taking a turn… In contrast, established oil and gas companies are joining pioneering independent E&P companies, such as those that develop U.S. shale resources. At the same time, […]
Completion of the latest winter 2018 issue of Power Generation Technology. This involved the generation and editing of content for the magazine. This edition looks at some of the latest leading renewable power projects being developed or proposed, also examines some of the latest innovations concerning the usage of hydrogen, […]
Brings growth to green energy
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.