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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’s ‘death spiral’ under the microscope

21st November 2017 A major topic of discussion during recent public hearings into Eskom’s 2018/19 revenue application, was whether a further double-digit tariff hike could trigger a “utility death spiral”, whereby rising tariffs and utility costs spark an exodus of energy-intensive customers from the network,... 

Eskom rejects call for inflation-capped hike, as Nersa gears up for Dec 7 decision

20th November 2017 State-owned power utility Eskom has rejected calls for its 2018/19 tariff to be capped at the level of inflation, arguing that such a move would be financially unsustainable as it would result in a revenue reduction, which would further squeeze its liquidity and could place the country’s credit... 

Eskom’s business model is ‘no longer fit for purpose’

17th November 2017 Organised business made an impassioned plea this week for government to urgently review Eskom’s business model, which it said was “no longer fit for purpose”. In a presentation to the National Energy Regulator of South Africa, business also warned that, in the absence of a holistic view within... 

US energy research body aims to increase African impact with focus on energy poverty

17th November 2017 Leading US public interest energy and environmental research organisation the Electric Power Research Institute (EPRI) is aiming to increase its relevance and impact in Africa by integrating the problem of energy poverty into its portfolio of research activities. Senior regional manager Barry... 

Report outlines vision for one-million South African ‘climate jobs’

17th November 2017 A new report has been released in an effort to mobilise South Africans behind the vision of creating a million ‘climate jobs’ as part of the country’s response to the threat posed by climate change. Published by the Alternative Information and Development Centre, the 60-page report has been... 

Clear delineation of roles seen as key as new SAA leadership takes flight

17th November 2017 Finance Minister Malusi Gigaba has promised that there will be a clear delineation of the roles between the shareholder, the board and the CEO at embattled national carrier South African Airways (SAA), following the constitution of the new board on November 3 and the appointment of Vuyani Jarana... 

We have a demand problem, Minister

17th November 2017 National Energy Regulator of South Africa and Eskom executives will naturally be relieved that hearings into the State-owned utility’s revenue application for 2018/19 have drawn to an end. However, it is somewhat of a pity that Energy Minister David Mahlobo did not have an opportunity to attend.... 

Eskom’s ‘business-as-usual’ tariff application comes under fire

16th November 2017 The “business as usual” stance adopted by Eskom in its application for a 19.9% increase in tariffs for 2018/19 came under sustained attack during the Gauteng leg of the National Energy Regulator of South Africa’s (Nersa’s) public hearings on Thursday. Eskom interim CEO Sean Maritz kicked off the... 

CSIR signals renewables-led electricity mix by 2050

16th November 2017 The CSIR Energy Centre has published updated research outcomes indicating that South Africa’s least-cost electricity mix, by 2050, includes predominantly solar photovoltaic (PV) and onshore wind contributing nearly 80% of the country’s electrical energy. The research outcomes, which were released... 

Study urges Eskom to accelerate station decommissioning, curtail Kusile to shore up solvency

15th November 2017 A new study argues that cash-strapped Eskom could make immediate costs savings of up to R17-billion and boost its liquidity, without undermining security of supply, by accelerating the decommissioning of three of its older coal-fired power stations and by halting construction of units 5 and 6 at... 

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