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 […]

How to deal with Eskom’s ever-rising electricity tariffs

. Eskom has applied to the National Energy Regulator of South Africa (NERSA) for a 15% tariff increase from 1 April 2019 for three consecutive years compounded, on top of a 4,5% RCA price increase already awarded by NERSA for this date, and further RCA applications in the pipeline. The power utility is facing dire […]

Eskom COO Jan Oberholzer explains…

. A refreshing openness by Eskom’s new management was demonstrated yesterday in an exclusive interview with Eskom COO Mr Jan Oberholzer by EE Publishers. The interview followed dramatic developments in the operations of Eskom this year, including the decline in the utility’s generation plant performance, shortages of coal at power stations in Mpumalanga, the return […]

Local start-up strikes gold in Ghana and Mali: An interview with the MD

Ignite Energy, a local, two-year old, power generations solutions company, has been selected to set up a 40 MW hybrid solar, battery and heavy fuel oil plant at Resolute Mining’s Syama Gold Mine in Mali. This is in addition to a 20 MW grid-tied solar PV project that the company is involved in at a […]

Interview: Is there light at the end of Eskom’s tunnel?

. Bruce Whitfield, the host on Talk Radio 702’s Money Show, interviewed Chris Yelland, an energy commentator and the managing director at EE Publishers, following Eskom’s media briefing on 28 November 2018, where it released its interim financial results for the 6-month period to 30 September 2018. Whitfield asked Yelland about Eskom’s position and the […]