http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.93Change: 0.00
R/$ = 12.68Change: -0.02
Au 1096.06 $/ozChange: 0.88
Pt 983.50 $/ozChange: 1.50
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Feb 25, 2009

TWP submits three biowaste IPP energy projects to Eskom

Back
TWP Holdings CEO Nigel Townshend tells Engineering News Online's Martin Creamer that TWP is proposing three independent power projects to Eskom. Video: Danie de Beer. Video Editor: Darlene Creamer.
 
 
 
Engineering|Expertise|Africa|Botswana|CoAL|Eskom|Gas|Mining|PROJECT|Projects|TWP|Waste|Africa|Energy|Solutions|Power|Waste
Engineering|Expertise|Africa|Botswana|CoAL|Eskom|Gas|Mining|PROJECT|Projects|TWP|Waste|Africa|Energy|Solutions|Power|Waste
engineering|expertise|africa-company|botswana|coal|eskom|gas|mining|project|projects|twp|waste-company|africa|energy|solutions|power|waste
© Reuse this



JSE-listed projects company TWP has submitted three independent power projects (IPPs) to Eskom for evaluation.

TWP Holdings CEO Nigel Townshend tells Engineering News Online that the company's initial IPP projects are being undertaken in association with timber producers and timber mills.

The biowaste-based IPPs, which will be for the own account of the cash-generative, debt-free traditionally mining-oriented TWP, will make use of the large volume of timber discard that arises in the timber milling.

"A tree has something like 60% waste," says Townshend, whose company has clinched agreements with timber producers in George, Knysna and Richards Bay.

The timber producers are an equity component of TWP's IPP offerings because they provide the feedstock.

"It's fairly small. We are looking at 7,5-MW power plants, which will cost about R120-million each, and that is our initial focus, but it's a green and environmentally friendly option and the power is produced at the ends of the national grid, which is where Eskom wants it produced," Townshend adds.

Importantly, the proposed projects are economically viable without any government assistance.

"We are led to believe that the cost under which the projects will be approved is R1,05/kWh, on a downward sliding scale, over a period of about eight years," says Townshend.

While it is fairly difficult to make a project pay under such a framework, Townshend believes that TWP can manage it with the timber-based projects, in which the timber biowaste is gasified with the gas then used to generate electricity.

"Our equity partner will be the actual timber supplier, so, to all intents and purposes, we are getting free feedstock," says Townshend.

Biowaste solutions earn significant carbon credits, which add to the viability of projects, and TWP, through TWP Investments under Dean Cunningham, has the skills to raise the necessary funding for the three IPPs, should Eskom give the go-ahead in March.

TWP is, in addition, working with solar companies intent on using their solar technology in power stations in South Africa and Botswana.

The company is studying solar array power and solar towers, which, Townshend says, are starting to look "quite attractive".

"The problem with any alternative energy sources at the moment, be it wind or solar or tidal, is that they are quite expensive. A long-term view has to be taken of them and the government needs to offer more incentive because the cost of the power is significantly more than coal-based projects.

"We are involved in 15 to 18 projects at the moment, most at early stage and some going into feasibility stage," he says.

The company's new energy division falls under TWP Projects CEO Digby Glover, who says that the company's new streamlined structure involves TWP Projects incorporating TWP Mining, TWP Process and TWP Energy, which will be able to tap into the group's expertise.

TWP is investigating options of bringing 1 000 TWP Projects staff together, on the same premises.

 

Edited by: Creamer Media Reporter
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
 
Latest News
Embattled South African steel producer ArcelorMittal South Africa (AMSA) has offered insight into the “fair pricing model” it has tabled before government in return for tariff protection and a government stipulation that locally manufactured steel be designated for...
Telecommunications group Telkom on Friday said it had posted a 1.7% uptick in net revenue for the three months to June 30, on the back of a strong performance by mobile on data revenue and higher fixed-line subscription revenue. Mobile net revenue for the first three...
Dangote Cement revised its 2015 spending plans to $1-billion from the $700-million estimated nine months ago after it commissioned two new African plants this June, Nigeria's biggest listed company said on Friday. The company, majority owned by billionaire Aliko...
More
 
 
Recent Research Reports
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Construction 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Electricity 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Road and Rail 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
 
 
 
 
 
This Week's Magazine
Daimler truck test engineer Dirk Stranz pushes one button, and then retracts his hands from the steering wheel of the Mercedes-Benz Future Truck 2025. “And now the truck is driving itself.”
The statutory body responsible for skills development and support in the banking sector, BANKSETA, was investing R68-million in the capacity building project of the University of Venda (UniVen), announced Bankseta company secretary Caroline King at a media event in...
LIONEL MOYAL Cloud services providers must compete against other cloud services providers for business by providing up-to-date systems and services
Legacy information technology (IT) systems are becoming increasingly obsolete because of the maturity, efficiencies and cost effectiveness of cloud-based IT services, says information and communication technology major T-Systems subsidiary Intervate head Lionel...
ARMANDÉ KRUGER Balancing the collection and processing of data must be aligned to strategy
Many complementary services enable companies to derive broad value from data inside and outside them. The complexity of data management means that companies’ strategies determine the various data systems and functions they will use, says PBT Group regional sales...
The South African Civil Aviation Authority (SACAA) has announced that it had awarded the country’s first remotely piloted aircraft systems (RPAS) pilot’s licence. It was issued on Friday, July 10, to SACAA employee and qualified commercial pilot Nicole Swart,...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96