South African coal faces bleak outlook

South Africa’s coal mining industry is on the brink of permanent decline as the country’s main export markets prepare to reduce reliance on imports and global divestment from fossil fuels increases at an exponential rate. Eskom and Sasol, which together take nearly two thirds of the 250-million t of coal produced by South African mines […]

South African coal exports outlook: Approaching long-term decline

. The Institute for Energy Economics and Financial Analysis (IEEFA), a respected international energy think-tank, published an important new report on 16 September 2019 on the future outlook for South African coal exports, which points to an industry in long-term decline with significant risks ahead. The Executive Summary of the IEEFA report is provided below […]

Without ongoing financial support from government, Eskom will collapse

Eskom’s chairperson and acting CEO, Jabu Mabuza, says that the power utility is no longer able to borrow money from financial institutions – because it is struggling to meet the commitments on its massive existing debt – and that its only short-term option is to turn to the shareholder (i.e. the South African government) for […]

No loadshedding this summer, we hope, says Eskom

  Eskom says no loadshedding since March and the synchronisation of the final generating unit at Medupi shows that its turnaround strategy is working. Speaking at the power utility’s latest State of the System briefing recently, Jabu Mabuza, the chairman and acting group chief executive, said that the utility’s nine-point plan is bearing fruit. No […]

Analysis: Eskom unveils next stage of restructuring and turnaround plan

. A leaked Eskom vision and strategy document, apparently prepared by the Boston Consulting Group for Eskom, has revealed the next steps of a long-awaited restructuring and turnaround plan for the embattled utility.  The document was presented on 22 August 2019 to the Eskom Executive Forum, a group of about 600 senior Eskom managers and […]

Corpses block main gate to Eskom’s HQ

There were amazing scenes at Eskom’s head office in Johannesburg this morning. In a protest action arranged by Greenpeace Africa, the main entrance was littered with “corpses” on cots, and chained together to prevent security personnel from removing them. When EE Publishers’ investigative editor and cub reporter, Chris Yelland, arrived to attend a prearranged meeting […]

Pyrrhic victory for fired former Necsa board members

. It was a somewhat hollow victory for former Nuclear Energy Corporation of South Africa (Necsa) board members Kelvin Kemm, Pamela Bosman and Phumzile Tshelane, in a judgement handed down in the North Gauteng High Court by Hon. Justice A J Mtati in Pretoria on Friday 16 August 2019. Phumzile Tshelane and Kelvin Kemm This […]

Little-known tax incentives boost business case for renewable energy

South Africa’s government, energy regulator and Eskom have often been criticised for obstructing the introduction of distributed, small-scale embedded generation (SSEG) which would help businesses to cut costs and ensure the stability of their power supply during load shedding. But, in fact, there are significant and far-sighted tax breaks put in place by National Treasury […]

Position of new Eskom Group chief executive attracts interest

. Mr Andy (Andries) Calitz, a highly respected leader in the global oil and gas energy sector, has confirmed to EE Publishers that he applied for the job of Group CEO of Eskom Holdings to replace outgoing Group CEO Phakamani Hadebe before the closing date of 2 August 2019. “Given the need for due transparent […]

Nedbank and EE Publishers seminar: Enabling a viable gas energy sector in SA

. Nedbank and EE Publishers are hosting a morning seminar on: “Enabling a viable gas energy sector in SA” This is the 3rd in a series of important infrastructure seminars from Nedbank & EE Publishers DATE: Wednesday 18 September 2019 TIME: 09h00 to 14h30 (see detailed programme below) VENUE: Nedbank Main Auditorium, 135 Rivonia Road, Sandton, […]