http://www.engineeringnews.co.za
R/€ = 14.49 Change: -0.01
R/$ = 11.73 Change: -0.06
Au 1330.06 $/oz Change: -17.02
Pt 1002.00 $/oz Change: -11.11
 

Electricity News

Coal opponents prepare for yet another court battle over Thabametsi power project

By: Terence Creamer     6th February 2018 Civil society organisations opposing the development of new coal-fired power generation capacity in South Africa say they will again approach the courts to challenge the latest environmental authorisation granted for the 557 MW Thabametsi coal-fired power station project, proposed for development... 

GE, Arenko collaborate on building energy storage systems

By: Megan van Wyngaardt     6th February 2018 Digital industrial company GE and flexible energy storage systems operator Arenko Group have entered into a strategic alliance to build grid-scale energy storage systems in the UK. The companies will seek to leverage the advantages of combining GE's battery technology solutions, power electronics... 

GE, Arenko collaborate on building energy storage systems

PIC advances R5bn bridging loan to fund Eskom through February

By: Terence Creamer     5th February 2018 The Public Investment Corporation (PIC) announced on Monday that it is advancing R5-billion to cash-strapped power utility Eskom in the form of bridging finance to fund the company’s operations during February. The one-month loan, which has been advanced on behalf of the Government Employees... 

PIC advances R5bn bridging loan to fund Eskom through February

AfDB boosts ALBC Fund books with R140m loan

By: Megan van Wyngaardt     5th February 2018 To further enhance the African Local Currency Bond Fund (ALCB Fund) portfolio and promote the development of domestic capital markets across the continent, the African Development Bank (AfDB) has approved a loan of R140-million. The senior loan, with a seven-year tenor including a two-year grace... 

KfW, RMB create specialised debt fund vehicle for small-scale renewables projects

By: Anine Kilian     2nd February 2018 German government-owned KfW Development Bank and Rand Merchant Bank (RMB) on Thursday signed an agreement that establishes South Africa’s first specialised debt fund vehicle for small-scale renewables projects. Known as The Facility for Investment in Renewable Small Transactions (First), this... 

Eskom given go ahead to sign stalled deals with renewables IPPs

By: Terence Creamer     2nd February 2018 Public Enterprises Minister Lynne Brown announced on Friday that Eskom’s application to purchase additional renewable energy from independent power producers (IPPs) had been approved, clearing the way for the signing of power purchase agreements (PPAs) for 27 wind and solar projects procured by... 

Eskom given go ahead to sign stalled deals with renewables IPPs

African expo and conference expanding

By: Jessica Oosthuizen     2nd February 2018 To cater for a growing interest in power generation and water, this year’s African Utility Week (AUW) will occupy the entire Cape Town International Convention Centre (CTICC) as well as the new building, CTICC 2. The new 31 148 m2 building consists of 10 000 m2 conference and exhibition space... 

African expo and  conference expanding
NETWORKING HUB The African Utility Week conference and expo will feature over 300 speakers

Production starts at Algerian gasfield

     2nd February 2018 Energy company Repsol has started production from the Reggane Nord gasfields, in Algeria. With construction completed in December, the company explains that the Reggane Nord gasfields are expected to produce eight-million cubic metres a day of gas. 

Production starts at Algerian gasfield
Photo by Bloomberg
CONTROLLING THE BLAZE There are several blocks of gas producing fields currently controlled by Repsol in Algeria

Eskom expects to sign emergency funding deals in ‘day or two’ 

By: Terence Creamer     1st February 2018 Cash-strapped State-owned power utility Eskom confirmed on Thursday that its negotiations with funders to meet immediate debt-repayment obligations were at an advanced stage and that it expected to sign-off on the deals “in a day or two”. Eskom acting CEO Phakamani Hadebe revealed this week that... 

Eskom expects to sign emergency funding deals in ‘day or two’
Eskom chairperson Jabu Mabuza and acting CEO Phakamani Hadebe on the options being considered to improve the group's capital structure. Camera work & editing Darlene Creamer.

Eskom sees opportunity for emerging coal miners to improve utility’s security of supply, logistics

By: Mia Breytenbach     1st February 2018 State-owned power utility Eskom’s demand for about 750-million tonnes of coal between now and about 2040, has seen the utility identify opportunities arising for emerging coal miners in respect of two of its strategic objectives – the security of supply and logistics optimisation. Speaking at the... 

Koko‏ suspended from Eskom

By: African News Agency      1st February 2018 Eskom's head of generation Matshela Koko on Wednesday, confirmed that he was suspended from South Africa's power utility. "I have since this evening received a confirmation of my suspension from Eskom. I have been served with new charges. I welcome these developments and once again look forward... 

Fitch downgrades Eskom

By: Creamer Media Reporter      31st January 2018 Ratings agency Fitch Ratings has downgraded State-owned power utility Eskom on the back of weakening liquidity and uncertain capacity to fulfil its short-term financial commitments. The ratings agency downgraded the parastatal’s long-term local currency issuer default rating and unguaranteed... 

Eskom permanently suspends Maritz pending investigation

By: Creamer Media Reporter      31st January 2018 State-owned power utility Eskom has permanently suspended chief information officer Sean Maritz pending an investigation into allegations of impropriety. The parastatal temporarily suspended Maritz last week, pending a hearing, held on Tuesday. 

Former Eskom boss Brian Molefe plans to appeal court order to repay pension benefits

By: African News Agency      31st January 2018 The former boss of state power utility Eskom, Brian Molefe, is seeking leave to appeal a high court order compelling him to repay a pension payout it said he was not entitled to.  

Former Eskom boss Brian Molefe plans to appeal court order to repay pension benefits
Photo by Duane Daws
Brian Molefe

Eskom cannot commit to nuclear expansion – acting CFO 

By: Reuters     30th January 2018 South Africa's power utility Eskom cannot afford a nuclear power station expansion, acting Eskom chief financial officer Calib Cassim said on Tuesday during the release of its financial results. South Africa's government has said it will push ahead with its nuclear expansion plan but will now do... 

Eskom cannot commit to nuclear expansion – acting CFO
Acting Eskom CFO Calib Cassim on the utility’s inability to take on a new nuclear build programme, owing to its balance sheet stresses. Video and video editing: Darlene Creamer. Recorded 30.1.2018

Eskom looking beyond shareholder to tackle ‘unsustainable’ capital structure 

By: Terence Creamer     30th January 2018 Having secured “in principle” commitments from funders to enable Eskom to meet looming debt obligations of R20-billion by the end of February, the new leadership at the power utility has started weighing various options, including asset sales, for shoring up the group’s fragile balance sheet.... 

Eskom looking beyond shareholder to tackle ‘unsustainable’ capital structure
Newly appointed Eskom chairperson Jabu Mabuza and acting CEO Phakamani Hadebe speak on governance, sustainability and Eskom’s immediate liquidity challenge. Camera Work & Editing: Darlene Creamer. Recorded:30.1.2018

AfDB renews commitment to connect 29.3m Africans to electricity grids

By: Megan van Wyngaardt     30th January 2018 The African Development Bank (AfDB) plans to provide 29.3-million people on the continent with access to electricity by 2020. Speaking during meetings of the United Nations Economic Commission for Africa, in Addis Ababa, at the weekend, AfDB president Akinwumi Adesina pledged support for the New... 

AfDB renews commitment to connect 29.3m Africans to electricity grids

Eskom H1 profits down 34%, new board aims to stabilise firm

By: Reuters     30th January 2018 South African State-run power utility Eskom said on Tuesday interim profits were down 34% to R6-billion ($504-million) on the back of declining sales and higher finance costs. Eskom, which has been embroiled in a governance crisis and allegations of undue influence in awarding tenders, said in a... 

Eskom H1 profits down 34%, new board aims to stabilise firm

Brown says boards of State-owned enterprises must shape up 

By: African News Agency      30th January 2018 Embattled Public Enterprises Minister Lynne Brown on Tuesday told MPs she expected the boards of South Africa's corruption-stricken, cash-strapped parastatals to perform or be replaced. "The message to the boards of all SOCs is that they must shape up or ship out. If they are unable to instill... 

Brown says boards of State-owned enterprises must shape up
Photo by Duane Daws
Public Enterprises Minister Lynne Brown

Rosatom JV signs contract for hydro facility in South Africa 

By: Anine Kilian     29th January 2018 Hungarian-Russian joint-venture company Ganz Engineering and Energetics Machinery, which forms part of Russia’s State Atomic Energy Corporation Rosatom, recently signed a contract with South African partner Blue World Power Energy and Resources to supply hydro-electric equipment for the... 

Egypt, Ethiopia and Sudan hope to break Nile dam talks deadlock in one month 

By: Reuters     29th January 2018 The leaders of Ethiopia, Egypt and Sudan on Monday set a one-month deadline for laying out the ways to break a deadlock in talks over a mega dam Addis Ababa is building along its share of the Nile, an official said. Egypt and Ethiopia are at loggerheads over the construction of the Grand... 

Botswana power plant expansion plan stalls over terms 

By: Reuters     29th January 2018 A planned $800-million expansion of a coal-fired power plant in Botswana by Japan's Marubeni Corp and South Korea's Posco Energy has been put on hold due to a disagreement over terms, the energy minister said on Monday. Marubeni and Posco Energy were due to start work in January last year on a... 

Akuo secures €78m to build Mali solar plant

By: Schalk Burger     29th January 2018 French independent power producer (IPP) Akuo Energy has secured €78-million in financing to build the 50 MW Akuo Kita Solar Photovoltaic (PV) power plant, in southern Mali. Private sector infrastructure funding organisation Emerging Africa Infrastructure Fund (EAIF) reports that the plant will be... 

Anglo to sell New Largo assets to Seriti, partners for R850m

By: Anine Kilian     29th January 2018 LSE- and JSE-listed Anglo American is making further progress with its strategy of disposing of its Eskom-tied coal assets, announcing on Monday that it will sell its New Largo thermal coal assets, which are owned by its 73%-held subsidiary Anglo American Inyosi Coal, to New Largo Coal, for... 

Anglo to sell New Largo assets to Seriti, partners for R850m
Norman Mbazima

‘Any nuclear new build a poor choice for South Africa’, not just a Russian build

By: Terence Creamer     26th January 2018 Not just Russian but any nuclear new build is a poor choice for South Africa, Rocky Mountain Institute chief scientist Amory Lovins and University of Cape Town (UCT) emeritus professor Anton Eberhard argue in a newly release occasional paper published by the UCT Graduate School of Business.... 

‘Any nuclear new build a poor choice for South Africa’, not just a Russian build
Photo by Duane Daws
Professor Anton Eberhard

Nersa welcomes Mkhize as petroleum pipelines regulator

By: Megan van Wyngaardt     26th January 2018 The National Energy Regulator of South Africa (Nersa) has appointed Muzuvukile Mkhize as full-time regulator member responsible for petroleum pipelines regulation, following Cabinet approval. Mkhize will fill the role for a five-year term from January 16 this year to January 15, 2023. His... 

Rosatom competition winners tour nuclear facility

By: Nadine James     26th January 2018 Russian nuclear corporation Rosatom’s African subsidiary Rosatom Africa sponsored an all expenses paid trip to Russia for winners of the yearly student competition, held for the third time last year. The students visited the Novovoronezh nuclear power plant (NPP), as well as its training... 

Rosatom competition winners tour nuclear facility
RED SQUARE The prize comprised of a site visit to a Nuclear Power Plant and a cultural tour of Moscow, including Red Square and the Museum of Cosmonautics

Growing global trend for small, compact and cost-saving VSDs

By: Simone Liedtke     26th January 2018 Owing to a global trend in cost efficiency and going green, drive engineering specialist SEW-Eurodrive sales engineer Sean Tibbott foresees the demand for a small, compact and cost-saving variable-speed drives continuing to grow worldwide. 

Growing global trend for small, compact  and cost-saving VSDs
MOVIGEAR MECHATRONIC DRIVE UNIT The units are able to reduce installation and start-up efforts and costs

High-performance chain offers enhanced strength and reliability

By: Simone Liedtke     26th January 2018 To ensure greater strength and durability, engineering consumables and components distributor BMG’s range of Tsubaki high-performance product chains now includes the robust Workhorse elevator series. 

Increasing energy cost prompts need for drive systems

By: Simone Liedtke     26th January 2018 The ever-rising cost of energy and the increasing pollution associated with power supply systems are continuously driving the need for alternating current drive systems with low harmonics and power regeneration, says Midrand-based variable-speed drive (VSD) and automation equipment supplier... 

Increasing energy  cost prompts need  for drive systems
U1000 MATRIX DRIVE The U1000 matrix drive does not require any additional filtering to achieve low harmonics

Misaligned pulleys affect belt efficiency and life span

By: Simone Liedtke     26th January 2018 Misaligned pulleys are one of the biggest contributors to premature failed belts, negatively affecting drive efficiency and shortening the life of the belt significantly, states engineering consumables and components distributor BMG power transmission GM Carlo Beukes. 

Misaligned pulleys affect  belt efficiency and life span
FENNER DRIVE ALIGNMENT LASER The Fenner Drive Alignment Laser is designed for accurate pulley and sprocket alignment

Motor solutions ensure simpler, more compatible installations

By: Simone Liedtke     26th January 2018 Owing to the installation of electrical products onto panels and enclosures being time-consuming and costly, electric solutions provider Magnet Group MD Brian Howarth says product installations need to be made simpler and more compatible with existing wiring through the supply of cost-effective... 

Motor solutions ensure simpler, more  compatible installations
EASYPACT TVS The EasyPact TVS range encompasses nine sizes of contactors that cover a broad range of current ratings

Multifunction vibration meter redefines vibration screening

     26th January 2018 Sandton-based distribution centre Comtest is offering electronic test tools manufacturer and distributor Fluke’s latest vibration meter, the Fluke 805, which provides quantifiable information on a bearing and the overall health of motors and other rotating equipment. 

VFD adoption triggers need for bearing protection rings

By: Simone Liedtke     26th January 2018 As the adoption of variable-frequency drives (VFDs) increases, so too will the need for the reliable mitigation of destructive shaft voltages, which will lead to increased demand for bearing protection rings, says bearing protection solutions provider AEGIS sales and marketing manager Adam... 

Economisers the key to boiler success

     26th January 2018 Fitting an economiser on a boiler is a small addition that can provide big results in terms of helping companies reduce their operating costs and decrease their environmental impact, says heat and energy generation equipment provider Steam Generation Africa MD John Rundle. 

Efficient boiler inspection saves downtime at power station

By: Robyn Wilkinson     26th January 2018 Inspection and certification services provider TÜV SÜD South Africa’s successful completion of an outage inspection project at State-owned power utility Eskom’s Medupi Unit 5 has ensured that the power station’s boiler meets the highest standards in terms of quality and safety. 

Efficient boiler inspection saves downtime at power station
ENSURING GOOD FUNCTION The detection of wear and damages plays a key role in preventing costly equipment failures

Natural gas boilers offer hidden benefits

By: Robyn Wilkinson     26th January 2018 The benefits of natural gas as fuel for boilers in industrial processes are too often overlooked by companies who continue to favour traditional coal-fired boilers, which they erroneously believe to be a more cost-effective option, says oil, gas boiler and burner specialist Combustion Technology... 

Natural gas boilers offer hidden benefits
Photo by Reuters
ALTERNATIVE OPTIONS While coal appears to be the more cost-effective boiler fuel option, there are a number of overlooked benefits of natural gas, which must be considered in cost calculations

Company Post

more

Latest News

more

Latest Videos

more

Press Office

more

Topics In These Articles

RSS Feed

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Now for $119 Close