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Don’t hurt farmers with higher electricity tariffs, says Agri Western Cape

By: Kim Cloete     15th January 2019 Sharp electricity tariff hikes would have a major detrimental effect on the agricultural sector, Agri Western Cape has said during public hearings into electricity tariffs. In its submission to the National Energy Regulator of South Africa (Nersa), Agri SA said high increases in electricity costs... 

Nersa cancels Eskom revenue application hearings in Northern Cape, Limpopo

By: Tasneem Bulbulia     15th January 2019 The National Energy Regulator of South Africa (Nersa) has cancelled the public hearings into Eskom’s third multiyear price determination (MYPD3) regulatory clearing account (RCA) Year 5 (2017/18) application and its MYPD4 revenue application, that were scheduled to take place in Kimberley, in the... 

Electricity increases will badly hurt the poor, say community leaders, residents  

By: Kim Cloete     15th January 2019 Community and faith leaders, as well as pensioners and residents, have called on the National Energy Regulator of South Africa (Nersa) to oppose Eskom’s request for a tariff hike, with a projected overall increase of 45% to 2021. “If granted, this price increase will severely impact on all... 

'Find it in your heart, Eskom' – public's pleas on 'unbearable' tariff hikes 

By: News24Wire      15th January 2019 Granting power utility Eskom the 15% annual tariff hike it has asked for will only add pressure to already struggling households, the National Energy Regulator of South Africa (Nersa) heard on the second day of public hearings.  The energy regulator, which sets prices and tariffs for Eskom,... 

Organisations criticise ‘untransparent’ and ‘inefficient’ Eskom

By: Kim Cloete     14th January 2019 The Organisation Undoing Tax Abuse (Outa) has suggested that Eskom should be granted an electricity tariff increase of only 5% over the next three years and pushed for a radical overhaul of the utility. “We recommend a consumer price index tariff increase of 5% a year for the multiyear price... 

Salga warns of the dangers of raising electricity tariffs

By: Kim Cloete     14th January 2019 The South African Local Government Association (Salga) has rejected Eskom’s appeal for a 15% tariff increase over the next three years, saying the utility is "out of touch with reality". “There is already too much burden hanging over South African customers. We can’t expect them to pay,” Salga... 

Eskom warns of 'debt trap' as it pleads for 15% hike 

By: Kim Cloete     14th January 2019 Eskom CEO Phakamani Hadebe has apologised for the severe predicament Eskom is in, but has pleaded for an electricity tariff increase of 15% over the next three years.   Hadebe made the call at the opening of public hearings into electricity tariffs held by the National Energy Regulator of South... 

Western Cape spends millions on drought relief

By: Creamer Media Reporter      14th January 2019 The Western Cape Local Government, Environmental Affairs and Development Planning Department will have spent R78.2-million by March 31 on drought alleviation projects across the province. The average dam level in the Western Cape was 51% on Monday, nearly double the 26.5% recorded in the... 

Nersa begins public hearings on Eskom tariffs

By: African News Agency      14th January 2019 The National Energy Regulator of South Africa (Nersa) on Monday began public hearings on Eskom's application to increase electricity tariffs annually by 15 percent for the next three years. The hearings on the multi-year price determination (MYPD4) kicked off in Cape Town, with heated objection... 

We must apologise to South Africans for 'avoidable' challenges – Eskom CEO

By: News24Wire      14th January 2019 Eskom's 15% tariff increase for the next three years may seem steep, but Eskom has run into challenges which it cannot solve alone, CEO Phakamani Hadebe said. The executive made opening remarks at the National Energy Regulator of South Africa's (Nersa) nationwide public hearings, which kicked off... 

BRPs to meet with Optimum, Koornfontein creditors to vote on proposed business rescue plans 

By: Simone Liedtke     10th January 2019 The joint business rescue practitioners (BRPs) of Optimum Coal Mine (OCM) and Koornfontein Mines (KFT) expect to convene meetings with creditors within the next few weeks to vote on the proposed business rescue plans for the mines. The meetings will take place once the BRPs have resolved... 

Second member resigns from Ramaphosa's Eskom task team 

By: News24Wire      10th January 2019 A second member of President Cyril Ramaphosa's task team on Eskom has stepped down, the Presidency spokesperson Khusela Diko confirmed to Fin24. Diko told Fin24 on Thursday via Whatsapp that Sy Gourrah of Actom had asked to leave the task team in December. 

Developing Future African Innovators at Eskom Expo for Young Scientists

By: Creamer Media Reporter      10th January 2019 Grand prize winner receives three and a half year Mechatronics/Electronics apprenticeship in Berlin worth over R1million Three further local bursaries in Mechatronics/Electronics, tablets and science kits to learners and schools Siemens is committed to supporting and developing African innovators 

Eskom is said to extend job cuts beyond top management tier 

By: Bloomberg     7th January 2019 Eskom Holdings will extend its strategy of trimming top executive positions to include lower ranking managers and finally the general workforce as South Africa’s cash-strapped power utility looks to cut costs, according to a person familiar with the plans. The state-owned company last month... 

NUM welcomes removal of Eskom general manager in Free State

By: African News Agency      4th January 2019 The National Union of Mineworkers (NUM) Free State region on Thursday welcomed the removal or transfer of Eskom general manager in the province, Lindi Mthombeni. The union has been pleading with the power utility for months to remove Mthombeni, saying that workers had lost trust in her and... 

State asset manager buys up struggling Denel's bonds

By: Reuters     20th December 2018 South Africa's state asset manager has quietly bought up almost 90% of cash-strapped arms manufacturer Denel's bonds in the past 12 months, data from the country's main securities depositary showed. The previously undisclosed funding by the Public Investment Corporation (PIC), which manages... 

Eskom evaluating bids for mortgage business

By: Reuters     15th December 2018 Cash-strapped power utility Eskom is evaluating bids for its finance company that specialises in mortgage lending to employees, its spokesman said on Friday. State-run Eskom is scrambling to keep the lights on in Africa's most advanced economy and has been implementing frequent controlled power... 

Ramaphosa appoints high-level Eskom sustainability task team to resolve problems 

By: African News Agency      14th December 2018 President Cyril Ramaphosa has appointed a high-level task team to come up with solutions to the many challenges that Eskom faces, the Presidency said in a statement on Friday. And as a signal of the urgency of its task, the President has asked the Eskom sustainability task team to submit initial... 

Transfer of Eskom's debt to South African government credit neutral – Moody's

By: Reuters     14th December 2018  Power utility Eskom's request for government to take up R100-billion of its debt could cause the country's overall debt ratio to jump two%age points from the current 55.8%, ratings agency Moody's said on Friday. Moody's, the last of the top three ratings firms to still rate Pretoria's debt at... 

Denel's accounts littered with flaws – Auditor General

By: Reuters     14th December 2018 Shoddy and incomplete accounting at South Africa's troubled state-run arms firm Denel left the country's Auditor General unable to make a judgement on the soundness of its most recent financial statements, according to the firm's annual report. In the report the Auditor General listed more than... 

South Africa faces more power cuts, raising Ramaphosa reform risk

By: Reuters     3rd December 2018 South Africa faces more power cuts, electricity utility Eskom warned on Monday as it sought to prevent the collapse of its power grid in a test for President Cyril Ramaphosa's reforms. Eskom implemented a fifth day of controlled power cuts on Monday, putting more strain on an economy already... 

Upcoming protest not the first amid talks of transition away from coal – SAWEA

By: Simone Liedtke     16th November 2018 The South African Wind Energy Association (SAWEA) has defended the industry’s job creation potential. This comes ahead of a peaceful march by the National Union of Mineworkers (NUM), which is planned for November 17, to protest potential job losses in the coal-fired power generation sector as a... 

Morwe signals strategy shift as he prioritises restoration of trust amid ‘turbulance’ 

By: Terence Creamer     7th November 2018 Transnet acting CEO Tau Morwe is prioritising the restoration of trust, internally and externally, which he acknowledges has been affected by the “turbulence” associated with recent action taken by the board to tackle corruption and recover money “siphoned” from the State-owned company. However,... 

Is there a risk of load-shedding this summer? 

7th November 2018 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about Eskom’s plant performance challenges, whether there is a risk of load-shedding and the importance of determining the future energy availability factor at Eskom’s coal-fired power plants. 

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,... 

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,... 

Digitisation set to shake up the energy sector

By: Kim Cloete     1st November 2018 Energy experts believe there are great opportunities to save money and boost efficiency with a move towards more digitisation in the energy sector. They are preparing for a shake-up, spurred on by a move away from conventional generation systems, a surge in renewable energy and the introduction... 

Load-shedding spectre returns as unplanned outages rise  

By: Terence Creamer     1st November 2018 The spectre of load-shedding, which has haunted South Africa and its economy since 2008, but has lifted somewhat in recent years, appears to have returned. State-owned electricity producer Eskom confirmed with Engineering News Online on Thursday that the system had become vulnerable once again,... 

New Eskom report warns of possible generation gaps in coming five years  

By: Terence Creamer     31st October 2018 Eskom’s newly released Medium-Term System Adequacy Outlook (MTSAO) report highlights several risks to South Africa’s electricity supply for the period 2018 to 2023 and indicates that additional capacity will be required during the period to restore generation adequacy should the energy... 

Greenpeace Africa affirms Mpumalanga is a nitrogen dioxide air pollution hotspot

By: Marleny Arnoldi     29th October 2018 Greenpeace Africa states that analysis from satellite data between June 1 and August 31 shows that Mpumalanga is the world’s largest nitrogen dioxide air pollution hotspot across six continents. The data points to coal and transport as the two principal sources of the nitrogen dioxide air... 

Fossil Fuel Foundation sees clean coal as a solution for South Africa 

By: Kim Cloete     29th October 2018 The Fossil Fuel Foundation (FFF) has advocated strongly for coal to be retained as a sustainable part of South Africa's energy mix for the short to medium term. “Contrary to the popular belief that ‘coal is dead’, South Africa’s coal resources are abundant and can provide low-emitting,... 

DA to tackle Eskom's 'monopoly' via new bill

By: News24Wire      29th October 2018 Introducing competition in the energy sector will keep electricity prices down, according to the Democratic Alliance (DA). DA leader Mmusi Maimane on Monday announced plans at a briefing to address "Eskom's monopoly" in the energy sector, through the introduction of a private member's bill known... 

Business concerned about coal sector job losses

By: Kim Cloete     26th October 2018 The National Society of Black Engineers (NSBE) and the Black Business Council (BBC) have called for amendments to the Integrated Resource Plan (IRP) 2018, telling Parliament's Portfolio Committee on Energy, on Friday, that the draft plan, with its emphasis on renewable energy rather than coal,... 

NGOs criticise IRP public hearings process

By: Kim Cloete     26th October 2018 Energy Governance South Africa (EGSA) has expressed concern about the way the public hearings process into the Integrated Resource Plan (IRP) has been conducted in Parliament, saying it had been a "one-way flow of information, without interrogation and interaction". The organization has penned a... 

Salga calls for new electricity demand forecasts

By: Kim Cloete     26th October 2018 The South African Local Government Association (Salga) has called for a reduced demand forecast for electricity to be included in the Integrated Resource Plan (IRP) 2018, in line with the slowdown in electricity sales and a drop in customer demand. Salga says the forecasts contained in the draft... 

On-The-Air (26/10/2018) 

By: Martin Creamer     26th October 2018 South Africa is ahead of the world in the new race to develop innovative ‘power fuels’ that prevent climate change. An Australian company is selling its four big South African coal mines in Mpumalanga to new black owners. The Mandela Mining Precinct this week took its first steps towards the... 

Eskom welcomes Fitch Ratings’ decision

By: Marleny Arnoldi     26th October 2018 Ratings agency Fitch Ratings has affirmed Eskom’s long-term local currency issuer default rating and unguaranteed local currency senior unsecured ratings of ‘BB-’ . Fitch also maintained the national long-term rating at ‘A(zaf)’ and the national short-term rating at ‘F1(zaf)’.  

CSIR points to 30 000 net jobs gain in electricity to 2030, despite fall in coal jobs 

By: Terence Creamer     26th October 2018 An analysis of the Department of Energy’s (DoE’s) recommended plan in the draft Integrated Resource Plan 2018 (IRP 2018) shows that there will be a 30 000 net increase in employment in the electricity industry to 2030, despite a 100 000 fall in coal jobs over the period. In its formal response to... 

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