Correction issued regarding Eskom’s RCA recovery

The National Energy Regulator of South Africa (NERSA) has published its Reasons for Decision (RfD) documents on Eskom’s regulatory clearing account (RCA) applications for Year 2 (2014/15), Year 3 (2015/16) and Year 4 (2016/17) of the third multi-year price determination (MYPD3). On 14 June 2018, the regulator approved a total RCA balance of R32,69-billion for […]

Radebe replaces Necsa board over ‘defiance’ and ‘ineptitude’

. Energy Minister Jeff Radebe said that the replacement or the chairman Dr Kelvin Kemm and complete board of the Southern African Nuclear Energy Corporation (Necsa) was warranted given its failures to exercise its fiduciary duties. The minister was speaking at a briefing in Pretoria on Friday 7 december 2018. Necsa conducts research and development […]

Black company makes renewable energy history

A 100% black-owned company has made history in the highly competitive South African renewable energy industry by pioneering and leading the development of a large-scale concentrated solar power (CSP) station that is now supplying electricity to Eskom’s severely constrained national grid. The R11-billion, 100 MW Ilanga CSP1 power station is the first of 92 large-scale […]

Load shedding: Minister cracks the whip

Public enterprises minister Pravin Gordhan on Thursday announced immediate plans to put an end to the load shedding that has been a daily occurrence countrywide since 29 November and threatens to gobble up any green shoots of economic growth. Gordhan had called the Eskom leadership back from an investor roadshow to its Megawatt Park headquarters […]

Nuclear sector governance in South Africa heads for the courts – again

  Following a landmark judgement in the Cape Town High Court on 26 April 2017 that stopped the procurement of 9,6 GW of new nuclear power reactors by Eskom and Necsa in its tracks, nuclear sector governance in South Africa is heading for the courts again. Since the financial crisis at Eskom, the Nuclear Energy […]

Necsa board, chairman and CEO on the ropes…

Independent reports are being received by EE Publishers that energy minister Jeff Radebe has requested the Necsa board to provide reasons why it should not be removed, and that issues relating the Necsa chairman are central to this matter. It appears that the issues raised by the minister with the board concern matters of governance, […]

Eskom is unsustainable in its present form

Eskom’s road to sustainability will be long, hard and painful. The power utility is facing severe challenges financially and operationally. The risk of load shedding in the coming months remains fairly high; the cost of keeping the lights on will further impact financial performance; and tough decisions are necessary to achieve full recovery. That’s the […]

South African nuclear radio-isotope production facility back in business, but…

The Necsa NTP production facility at Pelindaba, which produces medical nuclear radio-isotopes and associated products and services, is back in partial operation after approval to restart was given by South Africa’s National Nuclear Regulator (NNR). The facility is the main supplier of medical nuclear radio-isotopes such as Molybdenum-99 in Africa, and one of only four […]

Light at the end of the tunnel? Eskom reveals recovery plan

Eskom’s new chief executive officer, Phakamani Hadebe, says the board has approved a turnaround strategy which will address the power utility’s major difficulties. The institution has compiled a 9-point recovery plan which is designed to overcome problems in its generation division and enable the power utility to meet its obligations to provide a reliable supply […]