Wide-ranging post-SONA interview with Eskom CFO Calib Cassim reveals all…

. Considering its importance to the South African economy, many people are deeply concerned about Eskom’s financial status as a going concern. EE Publishers’ investigative editor and managing director, Chris Yelland caught up with Eskom’s new CFO to find out more about the utility’s financial position. Calib Cassim CA(SA) was appointed Eskom CFO in November […]

New pressures on Eskom’s plant performance and energy availability factor

. New pressures on Eskom’s generation plant performance and energy availability factor (EAF) are making themselves felt at Medupi, Kusile and a number of other coal-fired power stations, as a key Eskom contractor and service provider runs into severe financial difficulties. It has been established that Clyde Bergemann Africa (CBZ) has been unable to pay […]

SA mines must decarbonise, decentralise and digitise

South African mines must adopt and invest in renewable energy technologies and energy efficiency measures as part of their sustainability measures. This will require a programme of decarbonisation, decentralisation and digitisation. The minister of energy, Jeff Radebe, speaking to the Energy and Mining Sectors session at the recent Investing in Mining Indaba, held at Cape Town’s […]

BUSA responds to Eskom’s latest tariff increase application

Using the established multi-year price determination (MYPD) application system, Eskom has applied to the national energy regulator, Nersa, for tariff increases in excess of three-times the current inflation rate for the next three successive years. In response, Business Unity South Africa (BUSA) has made the following submission to Nersa regarding the power utility’s fourth multi-year price […]

Managing expectations and opposition to the restructuring of Eskom

. There has been much speculation in the media on the pending restructuring and unbundling of Eskom. It is expected that President Cyril Ramaphosa will be giving some direction in this regard in his forthcoming state-of-the-nation address on Thursday 7 February 2019. For more than a year, in order to secure ongoing funding, there has […]

FirstRand joins exodus of banks withdrawing funding of new coal-fired power plants in SA

. FirstRand Bank has joined the exodus of local banks that were funding new coal-fired power plants in South Africa, and in particular the Thabametsi and Khanyisa independent power producer (IPP) projects. These two projects are included in the draft integrated resource plan for electricity, Draft IRP 2018, for completion in 2023 and 2024. The […]