Eskom’s sales, revenue and debtor management challenges

The low electricity price increase granted by the regulator, NERSA, for the 2016/17 financial year, coupled with declining sales volumes, rising costs and debtor payment challenges, are all working to put Eskom’s revenue, cash flow and bottom line under severe pressure. As a result, the Eskom Group profit of R6,38-bilion for the 6-month period ending […]

Eskom should curtail Kusile construction, decommission older coal-fired power stations to save costs

New research shows that Eskom should decommission its older coal-fired power stations and consider curtailing the Kusile construction programme to save costs. These interventions can be achieved without affecting security of supply. The study, “Eskom’s financial crisis and the viability of coal-fired power in South Africa: Implications for Kusile and the older coal-fired power stations” […]

Multi-product fuel pipeline commissioned

Transnet has recently upgraded its Durban-to-Johannesburg trunk line to multi-petroleum mode. In addition to transporting diesel, which it has done since 2012, it can now also transport Unleaded 93 Octane, Unleaded 95 Octane, and jet fuel at a capacity of 1-million l of fuel per hour (1000 m3/h). The 60,96 cm diameter pipeline forms part […]

An alarming picture emerges as Eskom’s liquidity dries up

A final draft report from Eskom to its shareholder for the second quarter of 2017 ending 30 September 2017 paints an alarming picture of funding difficulties and declining liquidity (cash and cash equivalents plus investments in securities), primarily driven by perceptions of poor governance. The report, which has been viewed by EE Publishers and Fin24, provides […]

EPRI appoints African representative

The Electric Power Research Institute (EPRI) has strengthened its coverage in Africa with the appointment of Barry MacColl as EPRI International’s a senior regional manager facilitating technology transfer. MacColl will be based in Johannesburg.  MacColl joined EPRI International from Eskom, where he was general manager of the Research, Testing and Development Business Unit. He had […]

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