Categories: Coal

by Peter

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Categories: Coal

by Peter

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Marubeni says Thabametsi unaffected by group’s policy to halve coal capacity by 2030 <www.engineeringnews.co.za/article/marubeni-says-thabametsi-unaffected-by-groups-policy-to-halve-coal-capacity-by-2030-2018-09-27>
Japan <www.engineeringnews.co.za/topic/japan>’s Marubeni Corporation <www.engineeringnews.co.za/topic/marubeni-corporation> reports that the development of the Thabametsi coal <www.engineeringnews.co.za/topic/coal>-fired power <www.engineeringnews.co.za/topic/power> station, in South Africa <www.engineeringnews.co.za/topic/south-africa>, has not been affected by the group’s September 18 policy decision to “no longer enter into any new coal <www.engineeringnews.co.za/topic/coal>-fired power <www.engineeringnews.co.za/topic/power> generation business <www.engineeringnews.co.za/topic/business>”.
As part of the policy change, Marubeni announced that it would halve its coal <www.engineeringnews.co.za/topic/coal>-fired power <www.engineeringnews.co.za/topic/power> net generation capacity of 3 GW by 2030 and would expand the ratio of power <www.engineeringnews.co.za/topic/power> generated from renewable energy <www.engineeringnews.co.za/topic/renewable-energy> from about 10% currently to 20% by 2023. Marubeni has total net power <www.engineeringnews.co.za/topic/power> generating capacity of about 12 GW worldwide.
In response to questions posed by *Engineering <www.engineeringnews.co.za/topic/engineering> News Online*regarding the possible implications of the policy decision on Thabametsi, Marubeni said the policy dealt only with “new” coal <www.engineeringnews.co.za/topic/coal>-fired power <www.engineeringnews.co.za/topic/power> generation, with the South African venture regarded as a “committed project <www.engineeringnews.co.za/topic/project>”.
“So the policy is not applicable to Thabametsi,” Marubeni said.

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Business Report 1 July 2012. Optimal Energy chief executive Kobus Meiring is a disappointed man. The company is the developer of South Africa’s electric car but it officially closed on Friday with the loss of about 60 jobs. This follows its failure to get further funding from the government and the Industrial Development Corporation (IDC)... http://www.iol.co.za/business/business-news/why-sa-s-electric-car-is-not-going-anywhere-1.1331580#.T_E37xcjGq8

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