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 […]

Nedbank withdraws funding for new coal IPPs

. Nedbank lived up to its slogan as the “green” bank in a decision to  withdraw its funding of two proposed new coal-fired power stations in South Africa, Thabametsi and Khanyisa. This decision fits with the banking group’s commitment to “green” funding, responsible lending and supporting sustainability initiatives. The bank says its initial proposal for […]

Work on UK nuclear project suspended

Hitachi has announced its intention of pulling away from two large nuclear projects in the UK due to failed financial negotiations. The company’s Wylfa Newydd and Oldbury-On-Severn projects, which were expected to be the future home of new advanced boiling water reactors, which were approved by Britain’s nuclear power regulator in December 2017, will now […]