Posts tagged as Eskom

Eskom claims R762-billion over the next three years

The National Energy Regulator (Nersa) has received Eskom’s Third Multi-Year Price Determination (MYPD3) Regulatory Clearing Account (RCA) Year 5 (2017/18) application, totalling R21,6-billion, as well as the Fourth Multi-Year Price Determination (MYPD4) revenue application, totalling R762-billion (R219-billion, R252-billion and R291-billion for 2019/20, 2020/21 and 2021/22 financial years, respectively). In February 2013, Nersa approved a total […]

Electricity tariffs to increase dramatically

The National Energy Regulator of South Africa, Nersa, has approved the liquidation of Eskom’s third mutli-year determination (MYPD3) regulatory clearing account (RCA) balances for the 2014/15, 2015/16 and 2017/18 financial years over a four-year period. On 14 June 2018, the regulator approved that a total RCA balance of R32,69-billion will be recoverable from standard tariff customers, […]

Concerns mount over Eskom’s medium-term system adequacy outlook

. Following the recent exposé by EE Publishers on the deepening coal supply crisis facing Eskom, alarm bells are also sounding regarding the utility’s worsening generation plant performance impacting South Africa’s medium-term (five-year) system adequacy outlook. There are deepening concerns about the overall state of Eskom’s aging fleet of coal-fired power plants, and the ability […]

Eskom’s anticipated long-term strategic recovery plan delayed

Eskom says its long-term strategic recovery plan will be published later than originally announced. This state-owned power utility – the largest in Africa and for many years the model for and envy of many international power companies – is virtually broke. It is in so much debt that servicing that debt is eroding any profit […]

The coal crisis at Eskom worsens…

Information being received by EE Publishers indicates that the coal crisis at Eskom is worsening, with at least four and possibly more of Eskom’s 15 coal-fired power stations now having less than ten days of coal at hand on their stockpiles. Eskom has advised EE Publishers that it requires an additional 1,3-million tons of coal […]

Challenges and opportunities in South African and German electricity markets

South Africa’s electricity sector is undergoing a multifaceted transformation brought about by energy security concerns, rising electricity prices, the emergence of renewable energy technologies and the introduction of independent power producers. This article considers the fundamental elements which characterise the German and South African energy markets, highlights the challenges which are prevalent in the energy […]

An invitation to invest in South Africa’s energy sector

The minister of energy invites all investors in the energy sector to consider South Africa as a developing nation with huge potential to grow in a politically stable environment. The country is open for business and welcomes foreign direct investments. Addressing ministers, senior government officials, company CEOs and other dignitaries from Kenya, Togo, Benin, Sao […]