NewEnergyNews: Emerging New Energy Markets Are Key

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  • TODAY’S STUDY: Testing Grid Modernization State By State
  • QUICK NEWS, November 12: What Big Oil Is Doing About Climate Change; A Tale Of New Energy In Two States
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    Founding Editor Herman K. Trabish

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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  • TODAY AT NewEnergyNews, November 13:

  • TODAY’S STUDY: The Many Values Of Solar Power Plants
  • QUICK NEWS, November 13: This Is What It Looks Like; Astonishing Things About New Energy, Part 1

    Friday, June 22, 2018

    Emerging New Energy Markets Are Key

    Supporting renewable projects in emerging markets is key, says new study

    June 20, 2018 (ESI Africa)

    “…At the end of 2016, 102 renewable energy projects were selected under South Africa’s REIPPPP, procuring a total of 6,376 MW…However, 460 bids were received, which equates to a total of 26.7GW of capacity…In 2017, Botswana called for an expression of interest for a proposed 100MW solar power project, to which 166 responses were received…Political challenges in South Africa stalled the renewables market for almost three years, but a switch in leadership saw the market begin to flow again almost as quickly as it stalled…[T]his is a prime example of how political factors can impact not only projects but the whole industry [according to a new report from K2 Management]…Despite attractive rates of return, investors can still be preoccupied with political risk, including changes to regulatory and tax regimes, currency non-recoverability and tariff changes…[E]mbedding early risk mitigation measures in governments’ Power Purchase Agreement (PPA) strategy encourages international investment due to lower financial risk…South Africa is ahead of the curve in this regard, as PPAs in the region are underwritten by Treasury, ensuring a backing in the event payment delays are experienced for power…” click here for more

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