http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.00Change: 0.01
R/$ = 10.66Change: -0.03
Au 1286.40 $/ozChange: -1.10
Pt 1423.50 $/ozChange: -2.50
 
 
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 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|Johannesburg|Africa|CoAL|Energy|Eskom|Gas|PROJECT|Projects|TWP|TWP Holdings|TWP Investments|Waste|Africa|Botswana|South Africa|Energy|Mining|Timber Producers|Richards Bay|Digby Glover|Nigel Townshend|Power|Waste|March|R1|Solar Technology
Engineering|Expertise||Africa|CoAL|Eskom|PROJECT|Projects|TWP|Waste|Africa||Energy|Mining|||Power|Waste||
engineering|expertise|johannesburg|africa-company|coal|energy-company|eskom|gas-company|project|projects|twp|twp-holdings|twp-investments|waste-company|africa|botswana|south-africa|energy|mining|timber-producers|richards-bay|digby-glover|nigel-townshend|power|waste|march-product|r1|solar-technology-technology
© 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)
 
 
 
 
 
 
 
 
Other Electricity News
Updated 4 hours ago South African utility Eskom said on Monday that a report in a business newspaper that power supply would be "highly constrained" for the next five years was a "worst-case scenario." "It would not be correct to say categorically that it would take five years. That is...
Mining and energy solutions firm Cronimet Mining Power Solutions officially broke ground and began its engineering, procurement and construction (EPC) contracting activities for a large Namibian photovoltaic (PV) power plant on August 18. The PV project is located in...
Article contains comments
To bolster its argument that renewable energy is critical to combating climate change, the World Wide Fund for Nature-South Africa (WWF-SA) has commissioned a series of reports that investigates the state of renewable energy in the country, focusing on how it can be...
More
 
 
Latest News
Telkom CEO Sipho Maseko
Updated 35 minutes ago As telecommunications group Telkom continued the turnaround that raised its share price from R11 a few years ago to the current R55 a share, the previously beleaguered group aimed to play a significant role in the provision of broadband to all South Africans....
Updated 1 hour 5 minutes ago Wilson Bayly Holmes-Ovcon (WBHO) had delivered “a reasonable performance” for the financial year ended June 30, said CEO Louwtjie Nel on Monday. “We are getting through this tough period. It hasn’t really improved much over the past two, three years, even...
Updated 1 hour 5 minutes ago The Independent Communications Authority of South Africa (Icasa) on Monday called for comment on a new roadmap aimed to promote investments, enable a “vibrant and competitive” telecommunications industry and ensure universal broadband access. Stakeholders would...
More
 
 
Recent Research Reports
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
 
 
 
 
 
This Week's Magazine
South African State-owned defence industrial group Denel has announced its fourth consecutive year of profits. The group's results for the financial year 2013/2014 were recently announced at its head office in Centurion, south of Pretoria. Revenues grew by 17%, net...
There is little opportunity for JSE-listed infrastructure company Group Five to grow shareholder value in the domestic market, says CEO Mike Upton. He says value can still be found in the private sector, in the renewable and industrial power sector, as well as in...
The National Association of Automobile Manufacturers of South Africa (Naamsa) has announced the event dates of the 2015 Johannesburg International Motor Show (JIMS). The event will take place from October 14 to October 25, 2015, at the Johannesburg Expo Centre, Nasrec.
UK engineering support services provider Babcock is set to deliver the largest order of global truck manufacturer DAF’s truck tractors in Southern Africa to bulk carrier road-based logistics company Ngululu Bulk Carriers (NBC), with 133 trucks to be delivered in...
Digital radio communications in the African local government space can open up the world, but have many challenges to overcome, notes integration and migration of legacy radio communications infrastructure with digital mobile radio company Emcom Wireless head of...
 
 
 
 
 
 
 
 
 
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