By Steve Hedden Sustained power cuts, caused by under-investment and a shortage of generating capacity, have damaged the South African economy. The response has been a belated thrust towards more power supply, from a combination of coal-fired power plants, oil and gas, wind and solar, and potentially a fleet of new nuclear power stations. Fixing … Continue reading
By Christine Mungai In 1977, the average price of generating energy from sunshine was $76.67 a watt. Today, the price has dropped to just $0.60 a watt. It’s a stunning 99.2% drop in 38 years, and solar energy is soon going to reach “grid parity” all over the world – the point where it is cheaper, or at … Continue reading
Conventional oil producers are not the only ones affected by falling oil prices. The energy crisis has also hit shale production and green energy in the US, Marin Katusa, chief energy investment strategist from Casey Research told RT. “In America most of the green energy, whether you talk about solar or wind, the technologies aren’t … Continue reading