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.
Today, energy journalist Nicholas Newman releases two reports on the renewable energy sector in Europe. One report covers the wind sector and the other report, the solar sector. Both reports, are free to down load. These reports describe technological, market, policy, regulatory progress, and challenges that are facing stakeholders in […]
Nicholas Newman Afrelec October 2017 Since taking office in January 2017, President Nana Akufo-Addo, alarmed that Ghana’s dash for electricity risked swinging from power shortages to a power glut — and paying too much in the process – has applied the brakes on the power procurement process. Renewable power projects, […]
Here are a few examples describing or introducing some of my recent energy journalism, copywriting and other corporate communication work, which I have completed for various clients during the month of June. Content Cloud Biomass Market Prospects A look at the investment prospects of investing in biomass heat and power […]
Nicholas Newman Eniday June 2017 The only country in North Africa without commercial scale reserves of oil or gas is Morocco, which depends on imports of variable priced (but usually expensive) fossil fuels to satisfy domestic demand. Currently, annual electricity and fuel imports costing $3 billion supply 96 percent of Morocco’s […]