Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Electricity costs for solar and wind power have continued to fall significantly between 2010 and 2019 – by 47% for concentrated solar power, 82% for solar PV, 39% for onshore wind and 29% for offshore wind.
IRENA said that next year up to 1200GW of existing coal capacity could cost more to operate than the cost of new utility-scale solar PV.
Replacing the costliest 500GW of coal with solar PV and onshore wind next year would cut power system costs by up to $23bn every year and reduce annual emissions by around 1.8 gigatons of carbon dioxide (CO2), the report said.
This would also yield an investment stimulus of $940bn, which is equal to around 1% of global GDP, the report added.
IRENA said the fall in renewable electricity costs has been driven by improving technologies, economies of scale, increasingly competitive supply chains and growing developer experience
Yes quite a long journey indeed SB
I suppose many of the LTH's will read the news in the morning and the majority will breath a welcome sigh of relief.....atb
Near enough 10p a share at todays xrate (gross)
Suits me.
https://domainnamewire.com/2021/04/07/godaddy-to-acquire-mmx-club-design/
GoDaddy (NYSE: GDDY) has acquired 28 new top level domains from MMX, as well as the .Club and .Design top level domains.
The company is paying $120 million for the MMX strings. MMX, a publicly-traded new top level domain company had a market cap of $40 million. The MMX transaction will require shareholder approval and approval from some of MMX’s partners on some of the domains.
Yes same to you Bignuts. Keep the Aston well fuelled................norab O
Teaeye old fella, it's naive to think one has to have an ethical belief in a product in order to buy and sell it. This Edl vehicle has been a wonderful trading machine for the last 5 years. Coal is dead but whilst there are many clowns around with myopia, there is money to be made.
It's terrible weather today so I suggest you stay in bed and give Harry Aerial an extra cuddle.
Tanzania has a lot of renewable energy sources such as biomass, solar, hydropower, geothermal, biogas, wind, tidal, and waves . These sources are important for decentralized renewable energy technologies, which nurture the isolated nature of the settlements and are environmental friendly.
Coal is dead.
MSSH is a blessing for the Renewable lobby, she has well documented positive views on the benefits of renewable energy for TZ.
What is the renewable energy potential in Tanzania?
Tanzania has high resources for each of wind, solar, hydropower, biomass and geothermal:
Geothermal: as a result of the East African Rift System, Tanzania has a potential of 650MW of geothermal and around 50 potential sites have been identified as suitable for development. The GoT established the Tanzania Geothermal Development Company Limited as a dedicated public entity to oversee geothermal development in the country and is assisted in this by the African Development Bank (in its capacity as implementation agency under the World Bank’s Climate Investment Fund Scaling Up Renewable Energy in Low-Income Countries Program). On-going exploration work is being carried out by Geothermal Power Limited, a joint venture between German, Australian and Singaporean partners.
Wind: there are a cluster of wind project sites around Singida (as a result of average wind speeds of eight metres per second) and elsewhere in the country. One of these sites is being developed by East Africa Wind Energy (which is backed by Aldwych International, the IFC, Singida Municipality and the National Development Corporation). It is expected to start operating by the end of 2017 with a capacity of 100MW.
Hydropower: Tanzania has a potential hydropower capacity of 4700MW, only 561MW of which has been developed so far, so there is much room for further development. There are several major hydropower projects in the pipeline in Tanzania, such as the 358MW Ruhudji hydropower project which has been under development for some time, involving a consortium of investors led by Aldwych International. However, changing weather patterns and their impact on the existing hydropower plants (which saw generation drop to as low as 110MW in late 2015) has given fresh impetus to broadening the power mix away from what is viewed as the country’s traditional over-reliance on large-scale hydropower.
Biomass: various small scale biomass projects are being developed, particularly as part of agro-energy projects, and we see biomass as having significant potential in Tanzania.
Solar: the mean solar energy density in Tanzania is about 4.5kW per square metre per day, which indicates its potential use as an energy source. Various solar developers are setting up small solar photovoltaic (PV) projects (with the largest being a 60MW project in Shinyanga for which feasibilty studies are being carried out), but none as yet are operational.