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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

Cross-border power trade expected to rise as Southern Africa returns to surplus

7th September 2017 The Southern Africa Power Pool (SAPP) is expecting growth in regional electricity trade in 2017 after a return to surplus power generation capacity across Southern Africa, led by South Africa’s State-owned utility Eskom. Nevertheless, the potential for cross-border electricity trade is expected... 

Caution creeps in as renewables industry digests implications of 77c/kWh tariff cap

4th September 2017 South Africa’s solar photovoltaic (PV) and wind industry bodies have added a degree of caution to their initial positive reactions to an announcement by Energy Minister Mmamoloko Kubayi regarding the signing of power purchase agreements (PPAs) for 26 renewable-energy projects that have been on... 

Kubayi sets 77c/kWh price cap and October deadline for signing of 26 renewables projects

1st September 2017 Energy Minister Mmamoloko Kubayi opened the window on Friday for the signing of contracts for 26 renewable-energy independent power producer (IPP) projects that have been on hold since 2015 when Eskom indicated it was no longer willing to enter into further power purchase agreements (PPAs), owing... 

Boost Competition Act to address concentration, stimulate transformation – Ramaphosa

1st September 2017 Deputy President Cyril Ramaphosa has called for a broadening of competition policy and legislation to address ongoing structural concentration in the ownership and control in key economic sectors in South Africa, while still continuing to address anticompetitive behaviour by companies. Speaking... 

Sasol review may result in sale or closure, or expansion of assets

1st September 2017 Chemicals and energy group Sasol has announced that an asset-review process is under way that could result in the sale, closure or growth of certain assets. However, the JSE-listed company has also stressed that there will be no “fire sale”. Joint president and CEO Bongani Nqwababa reports that... 

Sasol turns to courts to deal with R12.8bn tax shock

1st September 2017 JSE-listed energy and chemicals group Sasol will approach the Supreme Court of Appeal (SCA) to resolve a tax dispute with the South African Revenue Service (Sars), which has slapped it with assessments for outstanding tax liabilities and penalties worth R12.8-billion. The company made a... 

No eclipsing integration?

1st September 2017 For many observers of global political and economic developments, the recent coast-to-coast total solar eclipse in the US would have epitomised the current state of the world: a blocking out of global integration in favour of bellicose nationalism. For some others, however, the shadow cast over... 

Antagonism between public, private sectors not conducive to job-rich growth

1st September 2017 In the context of State capture and corruption, former Deputy Finance Minister Mcebisi Jonas believes South Africa’s “developmental-State project is almost dead”, with resources being diverted away form dealing with the country’s serious unemployment crisis towards poorly governed State-owned... 

Electricity-intensive firms to approach Nersa for new job-saving tariff deal

1st September 2017 The Energy Intensive Users Group (EIUG) will approach the National Energy Regulator of South Africa (Nersa) before the end of September with a proposal for structural changes to Eskom’s tariff for large power users by removing existing cross-subsidies to assist businesses whose future... 

Uncertain power price path heightening grid-defection risk, EIUG warns

31st August 2017 Energy Intensive Users Group of Southern Africa’s (EIUG’s) Piet Van Staden has expressed serious anxiety about the near-term sustainability of South Africa’s electricity industry in light of the prospect of yet more tariffs hikes, which would further damage industrial demand and, in turn, trigger... 

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