Global energy supply crisis can be ameliorated through greater focus on energy efficiency, says …

There are fears of a global energy supply crisis affecting electricity and fuel security, precipitated by Russia’s invasion of Ukraine, while uncertainty around oil supply from Russia, which is the world’s third-largest producer, has sent the oil price soaring. Further, with efforts by European countries to reduce their reliance on Russian gas, energy efficiency will become the single most effective tool to remedy high demand and low capacity or supply, says South African National Energy Development Institute (SANEDI) energy efficiency and corporate communications GM Barry Bredenkamp.
/by

Scatec project development VP Pilskop to succeed Carlsen as CEO

Renewable energy company Scatec has promoted project development executive VP Terje Pilskog to CEO, effective May 1, when incumbent Raymond Carlsen will step down after a 13-year tenure. “Pilskog has been instrumental in the strategic development of Scatec and has first-hand experience with both the commercial and operational aspects of the company. We are confident he is the right man to continue the development of Scatec as a . . . provider of renewable energy solutions globally,” said Scatec chairperson John Andersen Jr on March 28.
/by

Raubex anticipates more than 200% increase in earnings a share

JSE-listed construction materials supplier Raubex expects its earnings a share for the financial year ended February 28 to be at least 231% higher year-on-year, while its headline earnings a share are expected to be at least 250% higher year-on-year.

The company had posted earnings a share and headline earnings a share of 87.4c and 81.9c, respectively, in the prior financial year.

/by