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Hydrocarbon earnings 'sub-optimal', but demand growing | Local Business

DESPITE natural gas being the country’s dominant hydrocarbon, the financial returns have been “sub-optimal” according to the Minister of Energy and Energy Industries Stuart Young.

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Govt amends rules, exempts captive projects from transmission licence

The exemption from licence for transmission lines is already available to generating companies and captive generating stations. The move will encourage a new category of bulk consumers to emerge, benefiting from more affordable electricity and grid reliability, the power ministry said in a statement.

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Wood to Support One of the World's Largest Offshore Wind to Grid Connection Projects

Wood has been awarded a contract by Dragados Offshore, to deliver engineering design and provide regulatory support for the development of three 2GW convertor stations that will transfer offshore wind power to Germany's power grid.

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