Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Today, renewables are the cheapest source of power,” said IRENA’s Director-General Francesco La Camera. “Renewables present countries tied to coal with an economically attractive phase-out agenda that ensures they meet growing energy demand, while saving costs, adding jobs, boosting growth and meeting climate ambition. I am encouraged that more and more countries opt to power their economies with renewables and follow IRENA’s pathway to reach net zero emissions by 2050.
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to buy, how long will that last??
Roll on that update!
It’s not often that we get any mining news out of Tanzania so this is welcome news for coal miners, especially when we know:
“The Company has recommenced discussions with the Tanzanian Government and recently been invited to submit an unsolicited proposal for the supply of coal to an on-site power station owned and operated by the Tanzanian Government. The Tanzanian Government power planning programme shows the need for a base load plant by 2026”
A difficult time for the naysayers!
Very well placed !
I think 1 or2 of us have been saying this for some time now, EDL and KIBO look well placed.
Of course coal is dead, LOL!!!
Tanzania Daily News (Dar es Salaam) 13 August 2021
THE Tanzania Electric Supply Company (TANESCO) and State Mining Corporation (STAMICO) have inked a deal to produce electricity from coal targeting to pump into the national grid about 200 megawatts of electricity.
Speaking immediately after signing the agreement at TANESCO headquarters in Dodoma, STAMICO Acting Director General, Dr Venance Mwasse, said there was over 300 metric tonnes of coal at the area. He said the amount was enough to produce electricity for the nex
"This project will help add value of the precious mineral in the country, allowing the nation to benefit greatly," he said, adding that it is expected to start after the experts have conducted a thorough feasibility study.
According to the acting DG, the project was in line with the government industrial economy drive which demands for more and reliable electricity production. Speaking at the signing ceremony, TANESCO's Director General, Dr Tito Mwinuka, noted that the government was committed to increasing electricity production into the national grid through different sources, including coal. He added that the signed deal was part of the initial agreement between the two institutions as the experts commence initial studies any time soon. Dr Mwinuka observed that production of electricity from coal would reduce the cost of power in the country and increase stability at the national grid.
The TANESCO boss stated that currently there were mainly two sources of electricity production in the country as 55 percent come from gas while 36 percent from hydro production.
"Power production from coal therefore will be the third source of production and probably the cheapest" he said.
According to Dr Mwinuka, the mineral at Kiwira have not been exploited for a long time and once the production starts, it can produce 200 megawatts of electricity to the national grid.
He said TANESCO will have the responsibility to oversee implementation of the projects, adding that it will help connecting many Tanzanians with the utility.
Not quite dead lol
Great skill knowing what everybody connected to Edenville is saying !
What a sad negative world you live in !!
Said no one connected to Edenville.
Not long now. …
Saus sadly your jam tomorrow rns comments have come to fruition and 10yrs on they still trying it lol every RNS has jammmmmmmmmmmm tomorrow
It's embarrassing being associated with this compnqy and bod really is only myself to blame though what a joke outfit.
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"In the event that all of these contracts materialise as anticipated in Q3 2021, "
Half way through Q3 and still nothing
And not much happening.
I wonder what the price will be this Friday?
Shambles phew!!!
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......Tony Buckingham be announced as the new non-executive director?
Spreadex?
A lot of my shares are the same.
What's with all the small red trades over the last days, weeks and even months?
Shocking, 11 trading days away from being a year late on the hand over.
They must know how much coal they produced last week, the week before.... but still no news.
What happened to the activity they expected to start in July
This is the worst company I know for comms, another email into Tim and Jeff when I can get around to writing something.
No news again someone wake the bod up.
Lol True or false it makes no difference at all to those invested in Edenville, and that’s all that matters here!