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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

DTI denies ‘rivalry’ with EDD over amendments to Competition Act

9th February 2018 The Department of Trade and Industry (DTI) has denied reports of rivalry with the Economic Development Department over proposed amendments to the Competition Act, which its claims to support. In a statement released on Thursday, the department underlined its concern over the “excessive... 

Cyberattacks pose risk to financial stability, SARB warns

9th February 2018 Rising cybersecurity risks could undermine financial stability, South African Reserve Bank (SARB) deputy governor Francois Groepe warns. Speaking in Cape Town at the thirteenth Basel Committee on Banking Supervision – Financial Stability Institute high-level meeting for Africa, Groepe said the... 

Eskom applies to recoup R66bn through three RCA applications

9th February 2018 The National Energy Regulator of South Africa (Nersa) will hold public hearings across all of South Africa’s nine provinces between May 7 and May 25 to consider three revenue claw-back applications, collectively valued at R66.6-billion, submitted by cash-strapped power utility Eskom. The... 

Disrupting mindsets

9th February 2018 The main disruption in the global energy milieu over the past five years has been a “disruption in the mindset,” Engie CEO Isabelle Kocher asserted during a recent panel discussion at the World Economic Forum in Davos, Switzerland. In fact, she argued that this shift in thinking (about the role... 

Editorial: Is Eskom loan a case of good money after bad?

8th February 2018 It seems an eternity since there has been anything to be excited about when it comes to South Africa’s most important, and most embattled, State-owned company (SoC), Eskom. Since 2008, the business has lurched from supply crunch to wet-coal chaos, from funding crisis to construction confusion,... 

Coal opponents prepare for yet another court battle over Thabametsi power project

6th February 2018 Civil society organisations opposing the development of new coal-fired power generation capacity in South Africa say they will again approach the courts to challenge the latest environmental authorisation granted for the 557 MW Thabametsi coal-fired power station project, proposed for development... 

PIC advances R5bn bridging loan to fund Eskom through February

5th February 2018 The Public Investment Corporation (PIC) announced on Monday that it is advancing R5-billion to cash-strapped power utility Eskom in the form of bridging finance to fund the company’s operations during February. The one-month loan, which has been advanced on behalf of the Government Employees... 

Eskom given go ahead to sign stalled deals with renewables IPPs

2nd February 2018 Public Enterprises Minister Lynne Brown announced on Friday that Eskom’s application to purchase additional renewable energy from independent power producers (IPPs) had been approved, clearing the way for the signing of power purchase agreements (PPAs) for 27 wind and solar projects procured by... 

Albeit modest, metals sector poised for second consecutive year of growth

2nd February 2018 South Africa’s metals and engineering sector is poised for a second consecutive year of modest growth, with the Steel and Engineering Federation of Southern Africa (Seifsa) forecasting a 1.1% expansion for 2018. The sector grew by 2.7% in 2017, breaking a streak of three consecutive years of... 

SA’s renewables production costs minimised at high penetration levels, NREL study shows

2nd February 2018 A new independent study published by the National Renewable Energy Laboratory (NREL), in the US, concludes that significant production cost savings could be achieved if South Africa added between 60 GW and 100 GW of additional variable renewable energy (VRE) by 2035. The NREL study is a pure... 

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