Posts tagged as DPE

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 […]

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. […]

No end in sight to Eskom delays in signing renewable energy PPAs

  There appears to be no end in sight for resolution of the impasse caused by Eskom’s refusal to sign any new power purchase agreements (PPAs) with renewable energy independent power producers (IPPs) in terms of the Department of Energy’s (DoE’s) internationally acclaimed Renewable Energy IPP Procurement (REIPPP) programme. In an interview with EE Publishers’ […]

SAREC: Failure by DoE to solve PPA saga disappointing

  The South African Renewable Energy Council (SAREC) is deeply disappointed that the Department of Energy (DoE) and Eskom failed to provide any certainty for investors during the recent update to parliament on Eskom’s failure to sign Power Purchase Agreements (PPAs) with Independent Power Producers (IPPs). The inter-governmental task team has instead proposed further delays […]

Eskom’s revolving door, endless scandals cloud SA’s energy future

  Eskom’s revolving door and constant scandals have not only crippled the state power utility, but hampered any meaningful debate on what energy technologies could shape South Africa’s economy. On Monday night embattled Eskom chairperson Ben Ngubane announced his exit, the latest in shock to hit the tumultuous state utility. While Eskom and South Africa’s […]

Recommendations to address the generation capacity “crisis” in SA

  The 2014 electricity blackouts in have brought into stark relief the failure by government, the Department of Energy, the Department of Public Enterprises, Eskom and municipalities to provide an adequate and sustainable electricity supply to meet the growing needs of the country, the economy and its people. The 1998 Government White Paper on Energy […]

Eskom shake-up on the cards…

  Shortly after new minister of public enterprises, Lynne Brown, read Eskom Generation the riot act at the 2014 Eskom financial results presentation on 11 July 2014, there are signs that a significant shake-up is on the cards at Eskom. Mike Rossouw, former general manager engineering at Richards Bay Minerals, group executive strategy and risk […]

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