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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

IRP decision time

26th October 2018 The comment period for the draft Integrated Resource Plan 2018 has closed and it’s now up to the Department of Energy (DoE) to sift through the responses and assess whether or not any adjustments should be made before asking Cabinet to approve the final version. The draft has been generally... 

Infrastructure at heart of reprioritised, stimulus-aligned expenditure plan

24th October 2018 Finance Minister Tito Mboweni has confirmed that expenditure worth R32.4-billion will be reprioritised over the coming three years in line with government’s recently released Economic Stimulus and Recovery Plan. The figure appeared to fall short of the R50-billion reprioritisation target outlined... 

Mboweni calls for ‘open-minded’ approach to reconfiguration of State firms

24th October 2018 Finance Minister Tito Mboweni has called for a reconfiguration of South Africa’s debt-laden State-owned companies (SoCs) and has appealed to stakeholders to adopt an open-mind with regard to the form such restructuring could take, particularly in the cases of Eskom and South African Airways... 

Nersa unveils adjudication schedule for Eskom’s 15% hike application

23rd October 2018 The National Energy Regulator of South African (Nersa) has unveiled its adjudication timetable for Eskom’s fourth multiyear price determination (MYPD4) revenue application, which will include public hearings in all nine provinces between January 14 and February 1, 2019. The regulator has also... 

Eskom gearing up for big grid-scale battery storage roll-out

22nd October 2018 State-owned electricity utility Eskom is preparing to roll-out battery energy storage systems (BESS) across multiple sites as part of a replacement plan for the 100 MW Kiwano concentrated solar power (CSP) project initially approved as part of the $3.75-billion World Bank loan extended to the... 

Growing risk of ‘reform by default’ as South Africa battles to adapt to electricity transition

19th October 2018 There is a growing risk of “reform by default” in South Africa’s electricity industry, which is already showing symptoms of the “proverbial utility death spiral”, whereby sales volumes fall as tariffs rise, with consumers opting for alternatives. This argument is outlined in a paper titled ‘The... 

Jobs Summit described as ‘outline of emerging social compact’

19th October 2018 The detailed 84-page framework agreement unveiled by President Cyril Ramaphosa at the much-anticipated Presidential Jobs Summit earlier this month includes a reaffirmation of a commitment by the financial sector to invest R100-billion in black-owned industrial enterprises over the coming five... 

Aveng to sell rail business to Mathupha Capital for R133m

19th October 2018 JSE-listed infrastructure group Aveng announced earlier this month that it would sell its rail business to black-owned investment company Mathupha Capital for R133-million. The proposed transaction is subject to several conditions, including Competition Commission approval, but it is nevertheless... 

Technology cost assumptions used to produce IRP explained

19th October 2018 An experienced electricity system modeller has corrected a suggestion that the draft 2018 Integrated Resource Plan (IRP 2018) uses levelised cost assumptions for the various generation technologies tested, explaining that overnight capital cost assumptions for each technology are key inputs. The... 

Supportive climate

19th October 2018 South Africans were naturally preoccupied on October 8 with whether or not Nhlanhla Nene’s offer to resign as Finance Minister would be accepted by President Cyril Ramaphosa, who subsequently appointed Tito Mboweni to the post. On that same day, however, representatives from 195 countries... 

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