City of Tshwane / PEU smart prepayment metering contract judged invalid

The North Gauteng High Court on Friday declared all the City of Tshwane’s agreements with PEU Capital Partners and its implementing agent TUMS constitutionally invalid. The court further ordered that R950-million in a special trust account set up for the purchase of PEU’s infrastructure be released to the city immediately. City of Tshwane Mayor Solly […]

Judges request Tshwane/PEU settle “unlawful” prepayment meter contract and involve Accenture

Moneyweb has learnt that three High Court judges on Tuesday requested business grouping AfriSake, the City of Tshwane and its controversial smart metering contractor PEU Capital Partners to try to reach a settlement. This came on the eve of the hearing of a review application launched by AfriSake and aimed at having certain agreements between […]

Eskom – a laggard in electricity utility transition

In South Africa, where electricity prices have quadrupled since 2007 and an expensive coal-fired power build-out threatens to drive prices even higher, renewables appear ever more appealing. Unfortunately, for the last two years Eskom has been stonewalling on this front, refusing to sign new renewable energy power purchase agreements, while claiming that renewable energy is […]

Key issues that Eskom is simply not ready to acknowledge publicly yet

It is now approaching 100 days since Public Enterprises Minister Lynne Browne appointed new Eskom Group Interim CEO Johnny Dladla to replace suspended former interim CEO Matshela Koko, who in turn was appointed to replace disgraced previous CEO Brian Molefe. Since then, the industry and the country has been waiting with bated breath for Mr. […]

Engineering study dispels myths on limits to renewable energy in the South African grid

A serious engineering study and report has dispelled the myths and propaganda peddled by fired former Eskom CEO Brian Molefe and suspended Eskom acting CEO Matshela Koko on the limits and costs of accommodating significant levels of variable renewable energy capacity in the South African power grid. Note: To ensure strict technical accuracy, significant parts […]