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Coal & Diesel News

How power utility Eskom is hobbling South Africa's economy  

By: Bloomberg     5th December 2018 It’s deja vu for South Africa as a chronic power deficit plunges large tracts of the country into darkness and casts a pall over the already struggling economy. Eskom Holdings, which supplies most of the nation’s electricity, has instituted daily rolling blackouts since November 29 to avert a... 

Gupta mining boss JP Arora gunned down

By: News24Wire      3rd December 2018 The CEO of Gupta-owned JIC Mining, JP Arora, was killed in a shooting on New Road in Midrand on Saturday night, police have confirmed. SAPS spokesperson Captain Kay Makhubele said he could not confirm reports of Arora's car being sprayed with bullets. News24 has learned that Arora was returning... 

Kibo to consider further deadline extension for Sepco III

By: Simone Liedtke     3rd December 2018 China-based Sepco III has requested a further extension on the Strategic Development Agreement with dual-listed Kibo Energy at the Mbeya coal-to-power project, in Tanzania. Kibo on Monday said the request would be considered by Kibo’s board this week. 

Almost half of coal power plants seen unprofitable to operate  

By: Bloomberg     30th November 2018 The surge in coal prices in the past three years is cutting into the profitability of power stations that burn the fuel, a prominent forecaster said. About 42% of the world’s coal generation capacity is losing money, according to Carbon Tracker, an energy researcher that advocates for climate... 

S&P maintains Eskom's CCC+ credit rating

By: African News Agency      30th November 2018 Standard & Poor’s on Thursday maintained Eskom's foreign and local currency long-term credit ratings at CCC+, below sub-investment status. The rating agency also affirmed Eskom’s ‘zaB’ and ‘zaB’ long and short-term national scale ratings. 

Eskom to implement Stage 1 load-shedding until 22:00

By: Creamer Media Reporter      29th November 2018 Power utility Eskom on Thursday said it would implement Stage 1 load-shedding from 12:00 to 22:00. This is as a result of increased generation plant being out for planned maintenance and unplanned outages. 

Eskom to implement Stage 1 load-shedding until 22:00

Another Eskom equity injection mooted amid R15bn loss warning   

By: Terence Creamer     28th November 2018 South Africa’s debt-laden electricity utility Eskom is in discussions with government about yet another equity injection, as well as various possible “debt-relief” options, as part of a turnaround plan, which chairperson Jabu Mabuza insists needs to be implemented immediately if the company is to... 

Another Eskom equity injection mooted amid R15bn loss warning
Eskom chairperson Jabu Mabuza on the utility's dire financial position and the board's proposed turnaround plan. Camera Work & Editing: Nicholas Boyd. 28.11.18

Parly committee adopts Eskom inquiry report, recommends top executives testify before Zondo

By: News24Wire      28th November 2018 Parliament’s portfolio committee on public enterprises has adopted its final report into allegations of State capture at Eskom and Transnet, which recommends that some of power utility's former board chairs and top executives be requested to appear before the ongoing judicial commission of... 

Parly committee adopts Eskom inquiry report, recommends top executives testify before Zondo

Ramatlhodi to testify at Zondo commission of inquiry

By: News24Wire      28th November 2018 Former Mineral Resources Minister Ngoako Ramatlhodi will be the fourth minister who served under former president Jacob Zuma to appear before the Zondo commission of inquiry into state capture on Wednesday. News24 understands Ramatlhodi and his former adviser and spokesperson advocate Mahlodi... 

Power system remains 'tight and vulnerable' as protests add further strain – Eskom

By: News24Wire      27th November 2018 There is low to medium probability of load shedding this week but protest action at the entrance of a coal mine could have a detrimental impact, says State power utility Eskom. Eskom on Monday night issued a statement indicating that the power system remains "tight and vulnerable". 

 Power system remains 'tight and vulnerable' as protests add further strain – Eskom

Ncondezi submits work programme to Mozambican liaison committee

By: Creamer Media Reporter      26th November 2018 Aim-listed Ncondezi Energy has submitted a final work programme and timetable for its Ncondezi integrated 300 MW power and coal mine project, in Tete, Mozambique, to a government-sanctioned liaison committee that is tasked with implementing the project. “The updated work programme and timetable... 

Audit outcomes of State-owned entities continue to regress

By: Kim Cloete     22nd November 2018 The audit outcomes of State-owned entities (SOEs) have regressed over the past financial year compared with both the previous year and 2014/15. The 2017/18 general report for the Auditor-General South Africa (AGSA) said there was an increase in noncompliance of the 16 SOEs it audited. It also... 

Coal to remain significant part of South Africa’s energy generation mix  

By: Simone Liedtke     21st November 2018 Notwithstanding recent and continued advances in the roll-out of renewable energy and energy efficiency measures, South African National Energy Development Institute (Sanedi) GM for cleaner fossil fuel use Professor Tony Surridge expects coal will continue to form a significant component of South... 

Coal to remain significant part of South Africa’s energy generation mix
South African National Energy Development Institute GM for cleaner fossil fuel use Professor Tony Surridge speaks to Mining Weekly Online about South Africa's status quo surrounding carbon dioxide storage and utilisation. Video & Editing: Nicholas Boyd

Big plans afoot for training more young people in renewable energy

By: Kim Cloete     20th November 2018 The South African Renewable Energy Technology Centre (Saretec), which provides training for wind turbine service technicians and which has recently expanded into training solar photovoltaic (PV) installers, has been officially launched in Cape Town. The sophisticated and state-of-the-art training... 

South Africa’s coal output continues to decline   

By: Simone Liedtke     20th November 2018 XMP Consulting senior coal analyst Xavier Prevost expects South Africa’s coal production to soon “drop drastically” as a result of low investment in new coal mining capacity and older mines reaching the end of their lives. Speaking to Mining Weekly Online on the sidelines of the Fossil Fuel... 

South Africa’s coal output continues to decline
XMP Consultants senior coal analyst Xavier Prevost speaks to Mining Weekly Online on the sidelines of the Clean Coal Technologies conference about the current and future trends in coal production, trade and markets in South Africa. Video & Editing: Nicholas Boyd.

Eskom’s monopoly plunging South Africa into power shortages – DA

By: African News Agency      19th November 2018 State-owned power utility Eskom needs a firm plan of action to make it more efficient and productive and its monopoly on electricity must be broken, the main opposition Democratic Alliance (DA) said on Monday. Eskom was forced to implement an emergency blackout on Sunday, referred to as stage one... 

Eskom’s monopoly plunging South Africa into power shortages – DA

Eskom is said to base executive revamp on consultant work

By: Bloomberg     19th November 2018 Eskom is proposing executive job cuts and a reorganisation of management units in an effort to improve the South African utility’s financial position, according to a document seen by Bloomberg. Eskom, which produces about 90% of the nation’s electricity, hired Boston Consulting Group earlier... 

Eskom to buy ‘emergency’ coal, splurge on diesel as load-shedding risk returns 

By: Terence Creamer     16th November 2018 South Africa’s power utility Eskom reports that it has received approval for the National Treasury from the “urgent procurement” of four-million tons of emergency coal to help address serious stock shortfalls at several of its 15 coal-fired power stations. More than 1.1-million tons have already... 

Eskom to buy ‘emergency’ coal, splurge on diesel as load-shedding risk returns
Photo by Dylan Slater
Eskom CEO Phakamani Hadebe

Masango resigns as Eskom capital division executive

By: Marleny Arnoldi     16th November 2018 Eskom group capital division executive Abram Masango has resigned, the Mail & Guardian reported on Friday. This follows after Eskom's announcement earlier in the day that it had suspended him, pending an investigation into various allegations of impropriety against him relating to the Kusile... 

Masango resigns as Eskom capital division executive
Eskom group capital division executive Abram Masango

SA electromechanical firm steadily growing its international presence

By: Schalk Burger     16th November 2018 Local electro-mechanical service provider Marthinusen and Coutts continues to receive service and repair contracts locally, in Africa and internationally, and expects demand for its outsourced services and maintenance offerings to continue to grow, says Marthinusen and Coutts marketing executive... 

SA electromechanical firm steadily growing its  international presence
Photo by Dylan Slater
140 T LATHE The new 140 t CNC lathe in the Benoni workshop

Leguan lifts introduced onto South African market

By: Thabi Madiba     16th November 2018 As part of expanding its product range, multitask articulated loader importer Avant South Africa (SA) started importing Leguan access lifts, developed and manufactured in Finland for maintenance purposes. Avant SA manager Steyn le Grange states that the first lift arrived in August in Boksburg... 

Leguan lifts introduced onto South African market
HIGH PLATFORM The Leguan lifts provide outstanding working height with stability

Eskom highlights risk of further debt accumulation as it gears up to defend big hikes 

By: Terence Creamer     14th November 2018 Debt-laden electricity utility Eskom is preparing for yet another bruising encounter with consumers in the coming months, during which it will seek to justify it latest R762-billion, three-year revenue application. If successful with its fourth multiyear price determination (MYPD4) application,... 

Eskom highlights risk of further debt accumulation as it gears up to defend big hikes

Policy support needed for development of sustainable alternative energy sources – SAEEC

By: Marleny Arnoldi     14th November 2018 Although natural gas is about 60% cleaner than coal in terms of carbon dioxide emissions, it currently contributes only 1.5% of the country’s total primary energy needs. Even through the National Development Plan (NDP) aims to delink economic development from environmental decay and... 

Municipal debt to Eskom climbs to R17bn

By: African News Agency      13th November 2018 The debt owed to Eskom by South Africa's municipalities continues to grow and had now reached R17-billion, Cooperative Governance Minister Zweli Mkhize told MPs on Tuesday.. "We have noted that debt stood at R14.3-billion and currently has gone up to R17-billion and that's just for Eskom and a... 

Electrifying the world no panacea for global warming, IEA says  

By: Bloomberg     13th November 2018 Driving electric cars and scrapping your natural gas-fired boiler won’t make a dent in global carbon emissions, and may even increase pollution levels. Higher electrification may lead to oil demand peaking by 2030, but any reduction in emissions from the likes of electric vehicles will be offset... 

Eskom warns of power cuts due to low coal stockpiles 

By: Reuters     12th November 2018 Cash-strapped power utility Eskom said on Monday the risk of nation-wide electricity outages had increased significantly due to a sharp fall in coal stockpiles at five of its power stations. "The risk of load-shedding is there and its rising," said Eskom spokesperson Khulu Phasiwe. 

Eskom warns of power cuts due to low coal stockpiles

Kibo submits mining right application for Mabesekwa project

By: Marleny Arnoldi     9th November 2018 Aim-listed Kibo Energy has submitted its application for a full mining right for the Mabesekwa coal independent power producer project, in Botswana. This follows the company’s formal presentation to Botswana’s Department of Mines, which outlined the project’s envisaged development plan.  

Lazard says ‘inflection point’ reached making new renewables cheaper than existing coal 

By: Terence Creamer     9th November 2018 A new US study comparing the costs of energy from various generation technologies indicates that an “inflection point” has been reached where, in some cases, it is more cost effective to build and operate new renewable-energy projects than to maintain existing conventional generation plants. The... 

Lazard says ‘inflection point’ reached making new renewables cheaper than existing coal

Global body forecasts continued growth in wind energy generation capacity

By: Kim Cloete     8th November 2018 China, the US, Germany, India and Spain are the top five markets for wind energy in the world, with 19.6 GW of installed capacity in 2017, according to the Global Wind Energy Council (GWEC). GWEC senior policy adviser Steve Sawyer said the figure was slightly down on the previous year, but was... 

Prices for renewable energy likely to drop further, suggests energy expert

By: Kim Cloete     7th November 2018 Prices for renewable energy are likely to continue to drop, while the next utility-scale renewable energy procurements will probably come sooner rather than later, suggests energy expert, Professor Anton Eberhard. “I have no doubt that we will see prices coming down further,” Eberhard told... 

Kibo welcomes Tanesco’s resumption of tender process

By: Creamer Media Reporter      7th November 2018 Multi-asset energy company Kibo Energy on Wednesday welcomed the announcement by the Tanzania Electricity Supply Company (Tanesco) that it had resumed the tender process for certain energy projects in the country. Kibo on Friday said certain procedural amendments needed to be made to the process... 

Eskom issues senior managers with retrenchment notice 

By: Terence Creamer     7th November 2018 The board at State-owned electricity utility Eskom has approved a process that could result in the retrenchment of senior managers, the company confirmed on Wednesday. Eskom said in a statement that, despite efforts to curb expenditure, operating costs had continued to increase dramatically,... 

Eskom issues senior managers with retrenchment notice

African Development Bank plans R10bn in loans to Eskom 

By: Reuters     7th November 2018 The African Development Bank plans to lend South African power utility Eskom around R10-billion ($720-million) in 2019 and 2020, the bank's president Akinwumi Adesina said. "We plan to lend around $620-million for the Medupi power plant, and around $100-million for Eskom's transmission network,... 

African Development Bank plans R10bn in loans to Eskom
Photo by Reuters
AfDB president Akinwumi Adesina

South Africa joins the IEA as an association country 

By: Kim Cloete     6th November 2018 South Africa has joined the International Energy Agency (IEA) as an association country in a move it believes will bring it closer to the cutting-edge of technology and global energy governance. It is the first country in Africa to be afforded this status. 

South Africa joins the IEA as an association country
IEA executive director Dr Fatih Birol and Energy Minsiter Jeff Radebe

Kibo says Tanesco tender to resume shortly

By: Creamer Media Reporter      2nd November 2018 An announcement by the Tanzania Electricity Supply Company (Tanesco) cancelling three tenders for large solar power, coal-fired generation projects and large wind power projects is “unfortunate, but not out of the ordinary”, dual-listed Kibo Energy CEO Leon Coetzer said on Friday. The company,... 

Small thermal plants hold promise for regions without grid electricity 

By: Nadine James     2nd November 2018 Small-scale power generation plants driven by hydrocarbon sources and biomass are still likely to play a valuable part in rolling out electricity in regions of Africa unserved by grid power and where renewable resources are insufficient to sustain a reliable energy supply, according to SRK... 

Big power users call for inflation-linked tariff ‘compact’ and industry review 

By: Terence Creamer     1st November 2018 The Energy Intensive Users Group (EIUG) has called for an electricity price compact that sustains tariff increases as close to consumer price inflation as possible for the coming five years. The proposal is made in a precursor to the EIUG’s official response to Eskom’s latest revenue application,... 

Big power users call for inflation-linked tariff ‘compact’ and industry review
Dr Tsakani Mthombeni

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