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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

Wits seeks commercial partner for scalable DC-microgrid innovation

22nd September 2017 Researchers at the University of the Witwatersrand are aiming to commercialise a plug-and-play DC-microgrid innovation, which is incrementally scalable to any number of power sources, loads and batteries. The direct-current solution has already been proved at a laboratory level through a test-bed... 

Business and labour want Eskom placed on ‘more sustainable path’

22nd September 2017 Business and labour raised serious questions on Friday about the sustainability of State-owned electricity producer Eskom in light if its current governance failings, which were now undermining its financial health to the point where government could be force to assist the utility in meeting its... 

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

22nd 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... 

TOUGH TO TICK

22nd September 2017 Finance Minister Malusi Gigaba faces the most daunting Medium-Term Budget Policy Statement yet to be delivered by a South African finance minister. Not only has government’s credibility taken a nosedive under President Jacob Zuma, but there is now even a deep lack of trust surrounding the Finance... 

Tariff push-back

22nd September 2017 The National Energy Regulator of South Africa (Nersa) has outlined the process it will be following to assess Eskom’s request for a 19.9% tariff increase for the 2018/19 financial year, setting a deadline of October 13 for the submission of written comments. Nersa has approved Eskom’s request to... 

Eskom not generating enough cash to cover interest on debt – report

21st September 2017 A new report analysing Eskom’s financial position warns that the State-owned utility is simply not generating enough cash through operations and electricity sales to cover the interest on its borrowings, which will peak at around R500-billion in the coming three years. However, it also argues... 

‘Rebasing’ for lower Eskom sales to trigger 9.4% hike even before any revenue adjustment

20th September 2017 State-owned electricity utility Eskom has sounded that warning that, even if its allowable revenue is not increased at all for the 2018/19 year, tariffs will still need to rise by 9.4% simply to accommodate a “rebasing” electricity sales volumes when compared with those approved in the third... 

World Bank blames lack of innovation for South Africa’s dismal productivity performance

19th September 2017 The World Bank’s tenth and latest South Africa Economic Update points to serious weaknesses in the area of domestic innovation, which it says lies at the heart of a worrying divergence in the country’s productivity performance when compared with both advanced economies and the country’s Brics... 

Big fall in DBSA disbursements partly attributed to renewables stand-off

19th September 2017 The Development Bank of Southern Africa (DBSA) recorded a sharp fall in disbursements to R12.4-billion in 2017, from a record R17.1-billion in 2016, but has promised to "step up" its role as a catalyst of development in 2018, setting a R20-billion disbursement target for the year. The development... 

Nelson Mandela Bay chamber says 19.9% power hike would be ‘crippling’

15th September 2017 The Nelson Mandela Bay Business Chamber has expressed extreme disappointment with Eskom’s application for a 19.9% tariff increase from April 1, 2018, warning that such a hike would be “crippling” to business and the economy. Should the increase be approved it could translate to a 27.5% municipal... 

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