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Terence Creamer

Terence Creamer

Terence Creamer is the Editor of Engineering News and a Deputy Editor for Mining Weekly.

He also has editorial responsibility for Polity.org.za and Creamer Media's Research Channel Africa.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Eskom to fast-track socioeconomic assessments for five coal stations facing closure

14th April 2017 State-owed electricity utility Eskom is prioritising the completion of socioeconomic impact assessments for its coal-fired power stations in Mpumalanga, five of which having been earmarked for decommissioning over the coming five years, owing to flat demand and the introduction of new Eskom and... 

Grid-scale storage is critical ‘missing piece’ in electricity market

14th April 2017 Liquid metal battery inventor Professor Donald Sadoway, of the Massachusetts Institute of Technology, believes the technology has the potential to provide the “missing piece” in an electricity market that relies on “redundancy and overcapacity” to balance supply and demand – a feature that will... 

Incapable State and economic sabotage

14th April 2017 The decision by President Jacob Zuma to retain in his Cabinet Bathabile Dlamini and Faith Muthambi (albeit with the latter in a new role as Public Service and Administration Minister) brought to mind arguments about the vital relationship between an individual’s competence and her or his ability... 

Eskom seeking Tegeta ‘consent’ to disclose value of Optimum settlement

13th April 2017 Department of Public Enterprises director-general Mogokare Seleke revealed on Thursday that Eskom’s legal representatives had approached Tegeta Resources, owner of the Optimum coal mine, to obtain “consent” in making details of a recent arbitration settlement, relating to a R2.2-billion penalty... 

Sasol finalises currency hedges worth $4bn

11th April 2017 Energy and chemicals group Sasol reported on Tuesday that it had finalised currency hedges with a total notional amount of $4-billion for its 2018 financial year. The hedges represent about 70% of its expected net rand/US dollar exposure for the period, which runs until June 30, 2018. The... 

Solar body urges Energy Minister to provide revised PPA signing date

11th April 2017 The South African Solar Photovoltaic Industry Association (Sapvia) expressed confidence on Tuesday that the latest delay in signing of power purchase agreements (PPAs) for 37 renewable-energy projects procured in 2015 would be “short-term” in nature. However, it urged newly appointed Energy... 

Renewables contracts will not be signed on April 11

10th April 2017 The signing of power purchase agreements (PPAs) for the projects procured under the fourth bid window of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) will not take place on April 11 as initially envisaged. The date had been set by former Energy Minister Tina... 

Power-intensive firms back Eskom proposal for new pricing deals

7th April 2017 The Energy Intensive User Group of Southern Africa (EIUG) believes there is policy, legislative and regulatory space to introduce new electricity pricing arrangements to help restart of idle mining and process-industry activities, as well as encourage new investments to absorb Eskom’s surplus,... 

Eskom rating affirmed on ‘extremely high’ likelihood of government support

7th April 2017 S&P Global Ratings has sustained a negative outlook on Eskom after affirming its 'BB-' sub-investment-grade rating this week, pointing to the State-owned electricity utility’s weakening liquidity position as a result of a “lower-than-expected” tariff increase for 2017/18. On February 23, the... 

Manage the transition

7th April 2017 Nearly every day there is news about a new innovation in electricity generation, storage or efficiency as researchers respond to the pressing challenge of securing more energy, while producing less carbon dioxide. Scientists are continuing to improve the performance of solar panels, old coal... 

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