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Coal & Diesel News

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

By: Terence Creamer     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... 

Solidarity ranks SOEs, lambastes 'cadre merry-go-round'

By: Anine Kilian     14th November 2017 Trade union Solidarity has ranked South African Airways (SAA) as the most poorly managed State-owned enterprise (SOE) in the country. Speaking at the launch of its latest report ‘South African State Institutions and the Value for Tax Money’, on Wednesday, Solidarity CEO Dirk Hermann said SAA... 

Solidarity ranks SOEs, lambastes 'cadre merry-go-round'

Eskom admits liquidity is ‘not at desired levels’

By: Terence Creamer     13th November 2017 State-owned electricity producer Eskom acknowledged on Monday that its liquidity levels were “not at the desired levels” and indicated that securing the balance of its funding requirement for the current financial year would depend on addressing pressing governance and leadership issues.... 

Eskom admits liquidity is ‘not at desired levels’
Photo by Duane Daws
Eskom interim CEO Sean Maritz

Innovative civil engineering solution to social ills – Manuel

By: Megan van Wyngaardt     10th November 2017 Unless South Africa and its citizens deal with the issue of widespread corruption, the country will not be able to provide the “kinds of engineering services” that it ought to provide to people, former Finance Minister and Minister in the Presidency Trevor Manuel has said. Speaking at a South... 

Innovative civil engineering solution to social ills – Manuel
Photo by Duane Daws
Trevor Manuel

Ncondezi signs non-binding agreement to develop Mozambique project

By: Anine Kilian     9th November 2017 Aim-listed solar energy equipment supplier Ncondezi Energy has signed a non-binding offer (NBO) with China Machinery Engineering Corporation (CMEC) and General Electric (GE) South Africa to develop, construct and operate the integrated Ncondezi 300 MW coal-fired power project and openpit coal... 

Trillian whistleblower says Eskom’s Singh paid R30.6m for no reason

By: African News Agency      3rd November 2017 A whistleblower on Friday told the parliamentary inquiry into Eskom the power utility settled a fraudulent invoice from Trillian for R30.6-million. Former Trillian Management Consulting (TMC) chief executive Bianca Goodson said she found her signature on a cover letter to the invoice that was... 

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

By: Terence Creamer     3rd 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... 

US energy research body aims to increase African impact with focus on energy poverty
EPRI senior regional manager Barry MacColl

Newly inaugurated PV microgrid to supply almost 50% of Robben Island’s electricity

By: Mia Breytenbach     3rd November 2017 Robben Island, a World Heritage Site has gone green with the installation of a R25-million solar energy, lithium-ion battery storage microgrid that will supply almost half of the island’s yearly electricity requirement. The Department of Tourism, together with the appointed engineering,... 

Newly inaugurated PV microgrid to supply almost 50% of Robben Island’s electricity
Photo by Duane Daws
LEON VILJOEN This system makes it the ideal solution, not only for the environment, but also from a business perspective

Report outlines vision for a million South African ‘climate jobs’

By: Terence Creamer     2nd 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... 

Report outlines vision for a million South African ‘climate jobs’

Treasury grilled on R74bn deviation procurement

By: News24Wire      2nd November 2017 Treasury's Director General Dondo Mogajane was grilled by members of SCOPA on Wednesday on how it was possible for state entities and institutions to have been allowed to deviate from required procurement processes to the tune of a total of R74-billion in 2016/17. While the public procurement... 

Eskom gave Tegeta prepayment on day Optimum purchase price was due, inquiry hears

By: African News Agency      1st November 2017 A business rescue practitioner on Wednesday told the parliamentary inquiry into Eskom that the power utility agreed to pay Tegeta almost R600-million in advance for coal on the same day it became clear that the Gupta-affiliated company was short of that same sum to purchase the Optimum coal mine.... 

Heavy increase in irregular expenditure in South Africa, now pegged above R45bn, says AG 

By: African News Agency      1st November 2017 Irregular expenditure by government departments and State-owned entities has ballooned by over 50% in 2016/2017 when compared to the previous financial year, topping R45-billion, Auditor-General Kimi Makwetu revealed on Tuesday. “Irregular expenditure has increased by 55% since the previous year... 

Heavy increase in irregular expenditure in South Africa, now pegged above R45bn, says AG
Auditor-General Kimi Makwetu

Trillian raked in money for nothing, knew Nene and Gordhan would be fired, Eskom inquiry hears

By: African News Agency      31st October 2017 A former top executive of Trillian Capital Partners on Tuesday confirmed that the company did work for Eskom to the tune of R600-million without any formal contract with the power utility after earning R93-million from Transnet for no services rendered. Mosilo Mothep’s testimony before... 

CTL beneficial as a synfuel

By: Marleny Arnoldi     27th October 2017 Depending on market forces and subsequent regulations, coal-to-liquids (CTL) as a fuel alternative could be beneficial for the synfuels industry, especially for companies that diversify outside of conversion processes to include other capabilities, says synfuel company Synfuels Americas.  

CTL beneficial  as a synfuel
JUDD SWIFT The cost of cleaner resources and technology makes conversion unreasonable for developing economies

Initiatives aim to reduce carbon footprint and production costs

By: Simone Liedtke     27th October 2017 Current initiatives in the global synthetic fuels (synfuels) industry are focussing on using coal feedstock more efficiently to reduce operational and capital costs of production, states chemicals process engineering company Holland and Hausberger CEO Dr Brendon Hausberger. 

Initiatives aim to  reduce carbon footprint and production costs
GENERAL PUBLIC PERCEPTION The general public perception is that coal is a dirty and undesirable environment-costly option

US Energy Secretary defends its stance on nuclear and clean coal

By: Kim Cloete     26th October 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... 

Eskom a ‘risk to entire economy’, Gigaba says as he reaffirms unaffordability of nuclear 

By: Terence Creamer     25th October 2017 As guarantor over a significant portion of Eskom’s debt, the prevailing governance problems at the State-owned utility were of “grave concern” and had become an “enormous risk” to government and the entire economy, Finance Minister Malusi Gigaba said on Wednesday. Delivering his first Medium-Term... 

Eskom a ‘risk to entire economy’, Gigaba says as he reaffirms unaffordability of nuclear

Aggreko commissions 7.4 MW diesel facility to power Yanfolila processing plant

By: Creamer Media Reporter      25th October 2017 Temporary power generation equipment supplier Aggreko has commissioned a 7.4 MW diesel power facility at Aim-listed Hummingbird Resources’ Yanfolila mine, in Mali. The facility will provide power to the mine’s process plant. 

New initiative to be launched at tenth Africa Energy Indaba

By: Simone Liedtke     24th October 2017 In the run-up to the tenth yearly Africa Energy Indaba (AEI) in February, the South African Electrotechnical Export Council (SAEEC) on Tuesday announced that it would launch its African Energy Consultants initiative at the event. The SAAEC, which is a partner of the AEI Trade Association that... 

High Court to hear Zuma's State of Capture report review application

By: News24Wire      24th October 2017 The North Gauteng High Court is on Tuesday expected to hear President Jacob Zuma's application to review the remedial action contained in former Public Protector Thuli Madonsela's State of Capture report. The case has been set down for three days. 

High Court to hear Zuma's State of Capture report review application
Photo by Reuters
President Jacob Zuma

Brian Molefe’s young wife boosted his pension payout

By: News24Wire      20th October 2017 Former Eskom CEO Brian Molefe's marriage to Arethur Moagi in December 2016 boosted his pension payout, according to Sibusiso Luthuli, CEO of the Eskom Pension and Provident Fund (EPPF). Luthuli was briefing Parliament’s public enterprises committee as part of its state capture inquiry. 

Parly committee rejects BLF’s demand that it stop Eskom inquiry

By: African News Agency      20th October 2017 Parliament’s portfolio committee on Public Enterprises on Friday rebuffed a demand from Black First Land First (BLF) to stop its inquiry into Eskom, which the group termed a witchhunt against the Gupta family. Committee chairperson Zukiswa Rantho asked MPs how she should respond to the missive,... 

Parly committee rejects BLF’s demand that it stop Eskom inquiry

Eskom approval is last remaining hurdle for R2.3bn Seriti Coal deal

By: Terence Creamer     20th October 2017 The black-empowerment consortium selected as the preferred bidder for Anglo American’s Eskom-tied coal operations is optimistic that the State-owned utility will approve the ceding of three coal supply agreements (CSAs) from Anglo to Seriti Coal by year-end. The R2.3-billion transaction was... 

Eskom approval is last remaining hurdle for R2.3bn Seriti Coal deal
Photo by Duane Daws
Thebe Energy and Resources CEO Sizwe Mncwango

Outa accuses Eskom consultants of ‘gambling’ with public money

By: Kim Cloete     19th October 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... 

Outa accuses Eskom consultants of ‘gambling’ with public money
Photo by Duane Daws
Ted Blom

‘Absolutely no need' for nuclear, Dames says in State-capture testimony

By: Kim Cloete     18th October 2017 Former Eskom CEO Brian Dames has revealed that he faced a breakdown in communication between the board and management, as well as death threats during his time at the state utility.  He has also told Parliament’s Portfolio Committee on Public Enterprises that there is "absolutely no need" for... 

‘Absolutely no need' for nuclear, Dames says in State-capture testimony
Former Eskom CEO Brian Dames

‘You are too late’ – Dames on State capture inquiry

By: News24Wire      18th October 2017 Former Eskom chief executive Brian Dames told Parliament’s State capture inquiry on Wednesday that while the process is a great move, it was too late. “You are too late,” he said. “You should have done this a long time ago.” 

‘You are too late’ – Dames on State capture inquiry
Photo by Duane Daws
Former Eskom CEO Brian Dames

Zwane to Parliament – Am I being investigated?

By: News24Wire      18th October 2017 "Am I being investigated? I need to know so that we can start dealing with facts and not allegations that are in the media." Those were the introductory remarks from Mineral Resources Minister Mosebenzi Zwane who is currently appearing before Parliament's portfolio committee on mineral resources... 

Evidence of blatant corruption at Eskom unpacked at Parliament’s inquiry into State capture

By: Kim Cloete     17th 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... 

Evidence of blatant corruption at Eskom unpacked at Parliament’s inquiry into State capture
Research professor Anton Eberhard

Key witnesses in State capture inquiry will need to face the music, warns parliamentary committee chair

By: Kim Cloete     17th 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... 

Key witnesses in State capture inquiry will need to face the music, warns parliamentary committee chair

Eskom suspends power cuts in MP municipality after receiving payment

By: African News Agency      16th October 2017 South African power utility Eskom on Monday suspended its planned supply interruption to the Govan Mbeki local municipality in Mpumalanga after it reached a payment agreement with the municipality. This comes after Eskom started cutting the power supply to Govan Mbeki Local municipality from... 

DA to report minister Brown to public protector and ethics committee over Eskom contract

By: African News Agency      16th October 2017 The Democratic Alliance (DA) will ask Public Protector Busisiwe Mkhwebane to investigate Public Enterprises Minister Lynne Brown for any role she played in awarding lucrative oil contracts worth R1.2-million from Eskom “to her lover and close business associate” despite their lack of expertise in... 

Eskom facing threats on multiple fronts, Maritz acknowledges

By: Terence Creamer     12th October 2017 Eskom’s newest interim group CEO Sean Maritz has acknowledged that the utility is facing threats on multiple fronts in light of rapid changes to the global electricity landscape and the constrained outlook for domestic electricity sales. However, in a statement calling for “space and time to... 

Eskom facing threats on multiple fronts, Maritz acknowledges
Photo by Duane Daws
Eskom interim group CEO Sean Maritz

MPs dismayed as chief procurement officer silent on Eskom contracts

By: African News Agency      11th October 2017 Acting chief procurement officer Willie Mathebula apologised to Parliament’s standing committee on finance on Wednesday for giving a “sub-standard presentation” after members expressed dismay that he claimed no direct knowledge of the withdrawal of a damning report on Eskom’s coal contracts with... 

MPs dismayed as chief procurement officer silent on Eskom contracts

SA black consumer body urges regulator to reject Eskom’s tariff hike application

By: African News Agency      11th October 2017 The National Black Consumer Council (NBCC) on Wednesday said that it opposed Eskom’s proposed application for a 20% electricity tariff increase next year. TheNBCC urged the National Energy Regulator of South Africa (Nersa) to reject the troubled power utility’s application and rather grant it “a... 

Black Business Council says Eskom CEO musical chairs doesn’t inspire confidence 

By: African News Agency      9th October 2017 The Black Business Council (BBC) said on Monday that it was concerned by the sudden change of leadership at State-owned power utility Eskom, saying that government must give the enterprise some space and not meddle in its affairs. This comes after Eskom last week appointed its chief information... 

Eskom unveils Maritz as latest interim CEO, Dladla returns to Rotek 

By: Terence Creamer     6th October 2017 The board at embattled State-owned electricity utility Eskom announced on Friday that Sean Maritz had been appointed interim CEO, replacing Johnny Dladla, who himself only took up the position in June, when the previous acting CEO, Matshela Koko, was placed on leave. In a statement headlined,... 

Eskom unveils Maritz as latest interim CEO, Dladla returns to Rotek
Photo by Duane Daws
Sean Maritz

Opinion: South Africa’s coal mining sector could shrink by 46% 

6th October 2017 In this opinion article, independent economic risk consultant Rob Jeffrey argues that the mining industry and coal industry need to fight for their very future otherwise all is lost. Few people realise that future economic, political and social prosperity are at currently stake. Decisions made in... 

Opinion: South Africa’s coal mining sector could shrink by 46%
Rob Jeffrey

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