Posts tagged as Eskom

Eskom powers ahead with nuclear plans, report shows

Despite terminating its nuclear new build request for information in 2017 following a court decision to halt the process, Eskom is powering ahead with plans in preparation for the tender programme to be rebooted.  Acting Eskom Group CEO Sean Maritz Nuclear vendors from France, Russia and China had prepared lengthy documents to submit to Eskom […]

Eskom’s sales, revenue and debtor management challenges

The low electricity price increase granted by the regulator, NERSA, for the 2016/17 financial year, coupled with declining sales volumes, rising costs and debtor payment challenges, are all working to put Eskom’s revenue, cash flow and bottom line under severe pressure. As a result, the Eskom Group profit of R6,38-bilion for the 6-month period ending […]

Eskom should curtail Kusile construction, decommission older coal-fired power stations to save costs

New research shows that Eskom should decommission its older coal-fired power stations and consider curtailing the Kusile construction programme to save costs. These interventions can be achieved without affecting security of supply. The study, “Eskom’s financial crisis and the viability of coal-fired power in South Africa: Implications for Kusile and the older coal-fired power stations” […]

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 […]

EPRI appoints African representative

The Electric Power Research Institute (EPRI) has strengthened its coverage in Africa with the appointment of Barry MacColl as EPRI International’s a senior regional manager facilitating technology transfer. MacColl will be based in Johannesburg.  MacColl joined EPRI International from Eskom, where he was general manager of the Research, Testing and Development Business Unit. He had […]

The renewable energy, new coal and gas-to-power IPP programmes in SA – quo vadis?

South Africa’s energy sector is at the cross roads in an uncertain and incoherent policy environment caused by the self-induced chaos of the Zuma administration, with three ministers of energy in 2017 alone, and further political change likely after the ANC’s elective conference in mid-December 2017. According to Finance Minister Malusi Gigaba, failures of governance, […]

Delegates briefed on energy storage technologies and developments in SA

Dylan Tudor-Jones, the country manager for Gransolar Group in South Africa, opened the Large Scale Solar Power Event at Nedbank in Sandton recently by reminding the audience of an old joke regarding the invention of a solar-powered torch. Today, however, solar-powered torches are a reality and are the often one of the easiest ways to […]