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Coal & Diesel News

Kibo’s shares rise as Mbeya coal mine recommended for special mining licence

By: Simone Liedtke     Updated 3 minutes ago Aim- and JSE-listed Kibo Energy’s share price on the LSE increased by 10.69% on Wednesday morning after the company announced that the Mbeya coal mine, which comprises the mining component of the Mbeya coal-to-power project (MCPP), has been recommended for the grant of a special mining licence... 

New Eskom strategy to include pan-African expansion roadmap

By: Terence Creamer     25th September 2018 State-owned electricity utility Eskom has confirmed that its new strategy, which will involve far-reaching changes to its business model, will seek to position the company for opportunities arising in the rest of Africa. “Growth opportunities for Eskom are not restricted to South Africa. To grow... 

New Eskom strategy to include pan-African expansion roadmap

Life After Coal continues fight against coal-fired IPP projects

By: Marleny Arnoldi     20th September 2018 The Life After Coal Campaign contends that two proposed independent power producer (IPP) coal-fired power stations will never be built. The organisation is opposed to the construction of the proposed 557 MW Thabametsi project, near Lephalale, in Limpopo, and the proposed 306 MW Khanyisa project... 

Eskom delays finalisation of new strategy to mid-November 

By: Terence Creamer     18th September 2018 South Africa’s electricity utility Eskom has delayed the publication of a new strategy blueprint to mid-November from an initial deadline of the end September to allow for greater consultation with external stakeholders. Following the appointment of a new board in February, a strategy review was... 

Eskom delays finalisation of new strategy to mid-November

Japan's Marubeni to halve coal-fired power capacity by 2030

By: Reuters     18th September 2018 Japan’s Marubeni Corp said it would no longer start new coal-fired power plant projects and will halve its net coal power generating capacity of about 3 GW by 2030 to cut greenhouse-gas emissions and tackle global climate change. “As a general principle, Marubeni will no longer enter into any new... 

Kibo Energy to review tender opportunity for Tanzania power utility

By: Marleny Arnoldi     18th September 2018 Africa-focused energy company Kibo Energy is assessing an opportunity to further participate in the development of Tanzania’s energy sector. This follows after Tanzania Electricity Supply Company (Tanesco) announced on Monday that a tender process has been initiated for superior coal technology... 

Calls mount for Eskom board to take the fall for coal shortages 

By: African News Agency      17th September 2018 The Energy Expert Coalition said on Monday that the Eskom board should take accountability after news surfaced that the power utility was facing yet another disastrous coal shortage. Eskom confirmed that there were currently eight power stations with less than 20 days of coal stockpiles, or nine... 

 Calls mount for Eskom board to take the fall for coal shortages

Eskom has coal shortages at ten power plants – spokesperson

By: Reuters     17th September 2018 South African power utility Eskom said on Monday that it had fewer than 20 days of coal supplies at 10 of its 15 coal-fired power stations, posing a threat to national power supplies. A company spokesman said a major supplier, owned by the Gupta family, had cut supplies as it seeks insolvency... 

Eskom has coal shortages at ten power plants – spokesperson

Philip Lloyd – a passionate educator and energy thought leader 

By: Schalk Burger     7th September 2018 Cape Peninsula University of Technology (CPUT) Energy Institute researcher, South African Academy of Engineering (SAAE) Fellow, energy expert and passionate educator professor Philip Lloyd passed away last month. He championed the role of science and how one needs to learn the language of... 

Philip Lloyd – a passionate educator and energy thought leader
PHILIP LLOYD Philip Lloyd contributed to the nation as an eminent engineer, as well as through mathematics and science education programmes for underprivileged children

Coal-transition support should aid workers and communities, not Eskom – report

By: Terence Creamer     6th September 2018 A new report into South Africa’s coal sector argues that any subsidies set aside for the country’s “inevitable” transition away from coal in electricity production should be tailored to protect workers, their dependants and communities, rather than Eskom, or the coal sector as a whole. Published... 

Coal-transition support should aid workers and communities, not Eskom – report

SABS gears up to restart partial testing in response to industry frustration

By: Terence Creamer     4th September 2018 The South African Bureau of Standards (SABS), which was placed under administration by Trade and Industry Minister Dr Rob Davies earlier this year, intends lifting its two-year moratorium on the partial testing of product conformance, also referred to as customer specific requirement testing. The... 

SABS gears up to restart partial testing in response to industry frustration
Photo by Creamer Media
SABS acting CEO Garth Strachan

Waste gas fuels smelter

By: Halima Frost     31st August 2018 A gas processing plant, built by backup and continuous power solutions provider Diesel Electric Services, in Boshoek near Rustenburg, has achieved over 45 000 lost-time injury-free hours in its first year of operation. The project –  which started in January 2016, and took about 16 months to... 

Waste gas fuels smelter
HOUSING THE GASSES 13 gas generators are housed 300 m away from the smelter

Ncondezi receives in principle support from all loan holders for loan restructuring

By: Simone Liedtke     30th August 2018 Aim-listed Ncondezi Energy has received “in principle” support from all loan holders to enter into a loan restructuring for its existing $5.1-million loan and on the process to conclude a binding joint development agreement (JDA) for the company’s integrated 300 MW power and coal mine project in... 

Ring-fence Eskom’s ‘bad bank’ generation assets, says energy expert  

By: Terence Creamer     29th August 2018 A leading electricity expert is warning that there is little or no prospect that Eskom can trade itself out of its current financial difficulties and that restructuring – including a vertical separation of its cash-guzzling generation assets from its transmission, system operator and distribution... 

Ring-fence Eskom’s ‘bad bank’ generation assets, says energy expert
University of Cape Town Graduate School of Business’ Professor Anton Eberhard outlines a ‘pragmatic’ restructuring plan for Eskom. Camera Work: Nicholas Boyd. Editing: Christo Greyling. Recorded: 28.8.2018

Kibo, GE expand their collaboration on energy projects

By: Creamer Media Reporter      29th August 2018 Aim- and AltX-listed Kibo Energy has entered into an expanded collaboration agreement with US-based General Electric (GE). Under the terms of the agreement, GE will work with Kibo to develop its portfolio of energy projects in Tanzania, Botswana and Mozambique, as well as enhance its strategy of... 

Eskom needs to be 'rightsized' – Mabuza

By: Kim Cloete     28th August 2018 Eskom chairperson Jabu Mabuza says the utility is up to 33% overstaffed at all levels and may need to be "rightsized" in time. “We don't know whether we will downsize but we are determined to rightsize. We will do that within the confines of the Labour Relations Act. We can’t tell people here how... 

Eskom to sue Trillian; warns some dismissed Eskom employees still have their tentacles in the utility

By: Kim Cloete     28th August 2018 Eskom CEO Phakamani Hadebe says Eskom will continue to tighten the screws on implicated former and current employees and suppliers who have drained the utility of its resources and plunged it into debt. He told Parliament on Tuesday that Eskom would also sue Gupta-linked Trillian later this year... 

Coal suppliers urged to put South Africa first 

By: Kim Cloete     28th August 2018 Public Enterprises Minister Pravin Gordhan has suggested that Parliament call in some of the big and small coal suppliers to account for their export of coal, amid increasing concerns about the shortage of coal in the country. Gordhan was speaking after several Members of Parliament suggested... 

Coal suppliers urged to put South Africa first

Solar body raises concern over procurement gap, as lobby group slams inclusion of IPP coal

By: Terence Creamer     28th August 2018 The South Africa Photovoltaic Industry Association (SAPVIA) has added its voice to concerns being expressed over the three-year gap outlined in the draft Integrated Resource Plan (IRP 2018) during which no allocations have been made for new renewable-energy capacity additions. In a statement,... 

Solar body raises concern over procurement gap, as lobby group slams inclusion of IPP coal

No new nuclear in IRP update as time horizon is trimmed to 2030 

By: Terence Creamer     27th August 2018 Energy Minister Jeff Radebe released the much-anticipated draft updated Integrated Resource Plan (IRP) for public comment on Monday, offering stakeholders 60 days to provide written feedback.   The comment period was extended from the 30 days initially envisaged after a meeting of the National... 

No new nuclear in IRP update as time horizon is trimmed to 2030
Energy Minister Jeff Radebe

Maimane asks Ramaphosa to table terms, conditions of R33bn Eskom-China loan in Parliament

By: African News Agency      24th August 2018 Main opposition Democratic Alliance leader Mmusi Maimane said on Friday he had written to President Cyril Ramaphosa requesting that he table in Parliament within 14 days, the full terms and conditions of a R33-billion loan agreement state power firm Eskom recently signed with the Chinese... 

Rental market, power-as-service offerings underpinning demand for generators

By: Schalk Burger     24th August 2018 A growing rental market and the provision of expert services, including electrical engineering services, is providing global generator manufacturer Himoinsa with good growth in Southern Africa, says Himoinsa Southern Africa business development director Matt Bell. The rental market provides it... 

Rental market, power-as-service offerings underpinning  demand for generators
Photo by Dylan Slater
MATT BELL and CHRIS DAVISON Himoinsa can integrate and synchronise a range of generators to provide power for larger applications

Eskom expects to reduce staff by 15% in five years

By: Reuters     23rd August 2018 South Africa's State-run power utility Eskom expects to have 7 000 less staff in five years from now, a senior manager at the utility that is struggling to emerge from a financial crisis said on Thursday. Cash-strapped Eskom is critical to Africa's most industrialised economy as it supplies more... 

Eskom begins stakeholder interactions on ‘Strategy 2035’ 

By: Terence Creamer     23rd August 2018 South Africa’s electricity utility Eskom has initiated a series of interactions with stakeholders as part of a review process designed to deliver a new long-term strategy, dubbed ‘Strategy 2035’, for the beleaguered organisation. The new leadership at the State-owned company, together with Public... 

Eskom begins stakeholder interactions on ‘Strategy 2035’

Cabinet approves gazetting of updated IRP for public comment 

By: Anine Kilian     23rd August 2018 Communications Minister Nomvula Mokonyane confirmed on Thursday that Cabinet has approved the publication of the updated Integrated Resources Plan (IRP) and that it will be gazetted for comment by no later than August 27. Briefing media on the outcomes of the Cabinet meeting held on Wednesday,... 

Cabinet approves gazetting of updated IRP for public comment

South Africa's new coal-fired plants must have emissions technology

By: Reuters     21st August 2018 South Africa's first privately built coal-fired power plants must have the latest technology to reduce harmful emissions, the energy minister said on Tuesday, as a wave of court challenges threaten to derail the projects. Environmental activists have taken legal action against the new Thabametsi... 

South African govt to release long-term energy plan

By: African News Agency      21st August 2018 Government will release the reviewed Integrated Resource Plan later this week, Energy Minister Jeff Radebe said on Tuesday. Radebe told reporters the energy blueprint would be tabled to Cabinet on Wednesday and made public later in the week, "probably on Friday". 

South African govt to release long-term energy plan
Photo by Dylan Slater
Energy Minister Jeff Radebe

Study initiated to assess conversion of Kelvin power station from coal to gas

By: Terence Creamer     21st August 2018 A $1.3-million feasibility study has been initiated into the prospect of converting the coal-fired Kelvin power station, east of Johannesburg, into a 450 MW to 600 MW gas-fired power station. The study will also assess the potential for developing the Kelvin site into a gas distribution hub for... 

Study initiated to assess conversion of Kelvin power station from coal to gas
The Kelvin power station

State capture inquiry gets underway in Johannesburg

By: African News Agency      20th August 2018 The judicial commission of inquiry into alleged capture of the South African State and its entities, referred to as ''State capture'', is set to begin on Monday in Johannesburg. At the centre of the hearings are the fugitive Gupta family, who have since left the country as allegations of... 

State capture inquiry gets underway in Johannesburg
Deputy Chief Justice Raymond Zondo

NUM says ready to sign Eskom's wage offer

By: Reuters     16th August 2018 The National Union of Mineworkers (NUM) said on Thursday it was ready to sign a three-year wage offer from state power firm Eskom provided the utility agrees not to discipline staff who went on strike illegally. Investors want to see a resolution to the standoff between workers and Eskom as any... 

Kibo receives water permit approval for MCPP

By: Simone Liedtke     16th August 2018 Aim-listed Kibo Energy has received provisional approval from the Lake Rukwa Water Basin Board for water permits for the Mbeya coal-to-power project (MCPP), in Tanzania. An application was made to permit the operation of numerous water boreholes, which the Africa-focussed energy company said are... 

Hawks investigate cases related to Gupta-loot worth more than R40bn

By: News24Wire      16th August 2018 The Hawks are investigating cases related to the Guptas' state capture project that involves more than R40 billion which has been plundered from state coffers. Lieutenant General Godfrey Lebeya presented the Hawks' progress in several cases of state capture to the Portfolio Committee on Police on... 

Numsa rejects Eskom disciplinary action proposal against striking workers

By: African News Agency      16th August 2018 The National Union of Metalworkers South Africa has rejected Eskom's proposal to institute disciplinary action against workers who participated in industrial action during protracted wage negotiations, on the grounds that the power utility is an essential service.  On Wednesday Eskom declared a... 

Gordhan announces whistleblower hotline to boost fight against corruption

By: News24Wire      15th August 2018 Stabilising State-owned enterprises could take six months or longer, depending on the extent of corruption, said Public Enterprises Minister Pravin Gordhan. The minister on Wednesday briefed the portfolio committee on public enterprises on the progress made in addressing governance challenges at... 

Gordhan announces whistleblower hotline to boost fight against corruption
Photo by Dylan Slater
Public Enterprises Minister Pravin Gordhan

Kibo to acquire 60% stake in UK energy company

By: Simone Liedtke     15th August 2018 Africa-focussed energy company Kibo Energy has signed a memorandum of understanding (MoU) for the acquisition of a 60% equity interest in UK company Mast Energy Developments (MED). Under the terms of the MoU, Kibo can acquire a 60% shareholding in MED for £300 000 payable to existing MED... 

Municipalities owed R139bn for services – Cogta

By: News24Wire      15th August 2018 Minister of Cooperative Governance and Traditional Affairs Zweli Mkhize has revealed that municipalities are owed R139-billion for municipal services rendered. He said that the outstanding billions made it difficult for them to pay money owed to Eskom. Mkhize was responding to questions in the... 

Lazard drafting plan to bolster Eskom's balance sheet – sources

By: Reuters     14th August 2018 State-owned power firm Eskom has hired financial adviser Lazard to draft a plan to shore up its balance sheet as it struggles to emerge from a financial crisis, two banking sources told Reuters. Cash-strapped Eskom is critical to Africa's most industrialised economy as it supplies more than 90%... 

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