Posts tagged as electricity

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. […]

BUSA responds to Eskom’s latest tariff increase application

Using the established multi-year price determination (MYPD) application system, Eskom has applied to the national energy regulator, Nersa, for tariff increases in excess of three-times the current inflation rate for the next three successive years. In response, Business Unity South Africa (BUSA) has made the following submission to Nersa regarding the power utility’s fourth multi-year price […]

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 […]