Signing of PPAs removes uncertainty, creates job opportunities

Speaking at the signing of the outstanding power-producer’s agreements (PPAs) in Pretoria recently, the minister of energy, Jeff Radebe, said that South Africa has passed the period of uncertainty, not only for the renewable energy industry, but also for private sector investment in the energy sector. Radebe said that the procurement of 27 new projects is […]

Invitation to attend the inaugural AGM of SAESA

. You, your colleagues, business associates and all interested companies and persons are cordially invited to attend the the inaugural AGM of the newly-formed South African Energy Storage Association (SAESA). DATE: 26 March 2018 TIME: 16h00 to 18h00 VENUE: Conference room 2.1, GE offices, 60 Glenhove Road, Melrose Estate, Johannesburg Meeting room 5, Workshop 17 […]

Join the debate on the restructuring of Eskom

. You, your friends, colleagues, business associates and all interested persons are cordially invited to attend an open, energy sector debate to consider: Should Eskom be restructured, and if so, how and when? DATE: Thursday 10 May 2018 TIME: 15h00 for 15h30 to 18h00, with drinks and snacks thereafter VENUE: Axiz Auditorium (map here), International […]

Obituary: Brian Seligmann

Brian Seligmann, experienced telecoms professional and industry veteran, recently passed away in a domestic accident at his home on 11 March. Seligmann graduated with a BSc in electronic engineering from the University of KwaZulu-Natal in 1980, and received his Master’s in applied robotics from Canterbury University in 1999. He was an early member of the Transvaal Amateur […]

Parties agree to delay PPA signing for now

Contrary to earlier media reports, the High Court in Pretoria has not granted an interdict preventing Eskom from signing the 27 outstanding power producer agreements (PPAs). Instead, the court decided to postpone the matter until 27 March when the matter will be heard in full. The minister of energy, Jeff Radebe, announced on 8 March […]

Eskom gets another S&P downgrade following 2018 Budget

S&P Global Ratings has again downgraded the long-term debt of Eskom. The power utility’s debt has been rated ‘CCC+’, the seventh rung of non-investment grade, with a negative outlook. It was previously classed as ‘B-‘, the sixth rung of junk debt. In a media statement S&P said the cash-strapped power utility remains at risk of a default in […]

Thabametsi coal plant given go ahead despite staggering climate impacts

On 30 January 2018, Edna Molewa, the minister of environmental affairs, issued a long-awaited decision in relation to the environmental authorisation for the Thabametsi coal-fired power station. The Minister has decided that – despite the undisputed evidence of the significant climate impacts of the power station, and a landmark judgment of the High Court last year, […]

Presidency tackles Eskom’s governance, appoints new board

The government has announced a number of measures to strengthen governance at Eskom, including the appointment of new board members and the stabilisation of management at the electricity-generating parastatal. This follows a meeting of President Jacob Zuma, Deputy President Cyril Ramaphosa, Public Enterprises Minister Lynne Brown and Minister of Finance Malusi Gigaba on 19 January […]

Eskom’s latest work on the IRP for the DoE rejects nuclear

The findings of the latest work on the draft Integrated Resource Plan for Electricity, IRP 2017, by Eskom for the South African Department of Energy (DoE) are proving to be somewhat problematic for Energy Minister David Mahlobo. Click here to download the full Eskom IRP 2017 study for DoE dated November 2017 As a result, […]