Why South Africa’s energy generator is in so much trouble

Eskom is by far the largest of South Africa’s many state owned companies. This near monopoly power utility is in crisis. It’s the single largest threat to South Africa’s economy, according to a former minister of finance. Wits Business School’s Adjunct Prof. Rod Crompton explains why this is the case and what can be done. […]

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 […]

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 […]

Can South Africa solve its energy crisis?

Policy debates in South Africa’s energy sector are becoming increasingly polarised, but it is critical to ensure broad participation if we want to re-imagine the energy sector and solve the country’s energy crisis, argued experts at a recent discussion hosted by the UCT GSB in conjunction with Power Futures South Africa. Breaking up Eskom’s vertically […]

Will unbundling Eskom ensure a sustainable electricity system?

. That Eskom needs to be restructured is no longer in question. In its current form, the organisation poses a systemic risk to the South African economy and is “too big to fail”. The real question is what form this restructuring should take.  For sure, the generation assets need to be separated from the transmission […]

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 […]

Analysis paralysis over South Africa’s IRP for electricity presents massive economic risk

. It has been four months now since the release of the Department of Energy’s latest draft Integrated Resource Plan for electricity (Draft IRP 2018) for public comment on 27 August 2018, and two months since the closing date for public comments on 25 October 2018. So where’s the IRP? Initially energy minister Jeff Radebe […]