Eskom rejects Nersa’s decisions regarding MYPD4 – heads to court; Nersa responds

According to Eskom, the reasons given by the National Energy Regulator of South Africa (Nersa), regarding allowed electricity tariff increases for the next three years, undermine the power utility’s ability to achieve financial sustainability. The utility says the reasons given do not align with the regulator’s own guidelines and will seek urgent financial relief.  Nersa regulates the tariff Eskom may charge for electricity through […]

US energy giant says renewables and batteries beat coal, gas and nuclear power

The energy industry is in the grip of massive change, with the cost of renewables and battery storage – without subsidies – beating gas, as well as existing coal and nuclear on costs. This is the view of Jim Robo, the CEO, president and chairman of NextEra, the biggest and most successful utility in the […]

International partners launch regional wind association for SADC

A collaborative effort between major players in the wind energy industry are creating a non-profit industry body which will work across sixteen countries to ensure wind power is fully utilised in the journey towards universal access to sustainable energy services in Southern Africa, while boosting jobs, skills and economic development. This collaboration resulted in the […]

Southern Africa to become global wind energy powerhouse

Southern Africa is moving towards becoming a top global wind energy destination. Enabling factors include an exceptional resource and a growing recognition that wind power can help plug Africa’s energy gap, attract investment, foster economic growth and create jobs. Speaking at the Windaba 2019 conference at the Cape Town International Convention Centre, Gwede Mantashe, the […]

Warning: Eskom’s new pricing plan could scupper rooftop PV in South Africa

To address its ever-decreasing revenue income, Eskom is considering a new pricing structure which will have a material impact on the value proposition of solar installations. Eskom generates revenue from two sources: fixed connection charges and electricity tariffs which vary based on usage. As a customer, the fixed connection charge is currently a relatively small […]

Status of nuclear power as world switches to renewables

The energy sector is the largest cause of global greenhouse gas emissions. The pertinence of mitigation strategy options needs to be judged, among others, according to three key criteria: feasibility, cost and speed. The latest World Nuclear Industry Status Report 2019 (WNISR2019) provides a comprehensive overview of nuclear power plant data, including information on age, […]

Financial institutions are restricting thermal coal funding

To date, over 100 globally significant financial institutions have announced their divestment from coal mining and/or coal-fired power plants. When significant investors act, global momentum increases. New announcements are occurring on average every week. One of the most recent to publish its policy on thermal coal financing is First Rand. The organisation says it recognises […]