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Kim Cloete

City of Cape Town gearing up for battle to directly procure power from IPPs

17th November 2017 The City of Cape Town says it is prepared for a legal battle with the National Energy Regulator of South Africa (Nersa) in a bid to directly procure power from independent power producers (IPPs). This was the culmination of two years of trying to get permission, said City of Cape Town enterprise... 

Investment in solar has overtaken coal globally, says IEA

16th November 2017 Breaking all-time records, renewables currently account for two thirds of global net capacity additions, according to one of several reports about how renewable energy is powering ahead. The trend is set to continue. “All renewables will grow at double the velocity of fossil fuels within the next... 

Global wind power continues to propel forward in 2017

16th November 2017 China is surging ahead in wind power, blowing away the US – the world’s second-largest wind power market – by a long margin, while African countries are making more inroads despite facing challenges, delegates attending the yearly Windaba conference and exhibition, in Cape Town, have heard.... 

Wind energy industry optimistic despite frustrations

15th November 2017 The South African Wind Energy Association (SAWEA) is confident that the tide will turn and that Eskom will soon, and finally, sign the outstanding power purchase agreements (PPAs) that have delayed the renewable energy industry for the past two years. SAWEA chairperson Mark Pickering outlined the... 

Oil prices still struggling but huge potential ahead for Africa

10th November 2017 Experts from UK-based Standard Chartered Bank expect the oil price will remain in the $45/bl to $60/bl-plus range. “We are in a lower for a longer cycle,” Standard Chartered Bank global head of energy and natural resources Peter Gaw told delegates at the Africa Oil Week, in Cape Town. 

Perry defends US stance on nuclear and coal

10th November 2017 US Energy Secretary Rick Perry has defended the US government’s suggested pivot towards clean coal and nuclear energy, saying nuclear and coal producers had been discriminated against in the Obama era. “Basically, we’re saying the government is going to be fair to nuclear and coal . . . no... 

US to strengthen energy partnerships in Africa, says Energy Secretary

10th November 2017 US Energy Secretary Rick Perry says his government is committed to strengthening its energy partnerships with African countries, but has called for a clear and transparent regulatory environment. “There is no more important message that governing bodies can send to both the US government and the... 

Outa accuses Eskom consultants of ‘gambling’ with public money

3rd November 2017 The Organisation Undoing Tax Abuse (Outa) has alleged that Eskom consultants Trillian Capital Partners have been “dabbling” in derivatives and losing billions of rands in the process. “Trillian has been dabbling in derivatives with our public money, racking up losses of R27-billion,” Outa... 

Evidence of blatant corruption at Eskom unpacked as Parliament’s inquiry moves ahead

27th October 2017 Parliament’s Portfolio Committee on Public Enterprises has kicked off its inquiry into alleged State capture with a report revealing “overwhelming evidence of grand corruption”, governance failure and a stream of irregularities at Eskom, South Africa’s largest State-owned entity. Research... 

‘Disturbing’ allegations of State capture need to be brought into the open

27th October 2017 Parliament’s Portfolio Committee on Public Enterprises has started its keenly awaited inquiry into allegations of State capture, with a warning that key witnesses will not be allowed to shy away from appearing before Parliament. “We have a right to subpoena a witness if we think that witness has... 

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