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 […]

Sick benefit fund committee’s statement on sick benefit subsidies

The Sick Benefit Fund Committee for Region A and Region B would like employers to note that the subsidy in relation to contributions to the National Sick Fund will be strictly applied. The main collective agreement requires that employers pay over contributions to the Bargaining Council for the Electrical Industry by the 15th day of the […]

Analysis paralysis over South Africa’s IRP for electricity presents massive economic risk

. It has been four months now since the release of the Department of Energy’s latest draft Integrated Resource Plan for electricity (Draft IRP 2018) for public comment on 27 August 2018, and two months since the closing date for public comments on 25 October 2018. So where’s the IRP? Initially energy minister Jeff Radebe […]

How to deal with Eskom’s ever-rising electricity tariffs

. Eskom has applied to the National Energy Regulator of South Africa (NERSA) for a 15% tariff increase from 1 April 2019 for three consecutive years compounded, on top of a 4,5% RCA price increase already awarded by NERSA for this date, and further RCA applications in the pipeline. The power utility is facing dire […]

Quo vadis Eskom?

The South African economy relies on the availability of a reliable, affordable and adequate supply of electricity. Economic growth is thus dependent upon the success of Eskom as its prime supplier of electricity. The power utility’s leaders are working to improve its performance, but are they moving the utility in the right direction? In a […]

Why giving South Africans title deeds isn’t the panacea for land reform

The land reform debate in South Africa has become increasingly polarised since Parliament resolved to consider amending the country’s Constitution to allow for the expropriation of land without compensation. But the slow pace of land reform – a process that aims to address the dispossession of the previously oppressed black majority – will not be solved by amending the Constitution. That is […]

The life-saving urgency of reducing air pollution

The severity of the impact of climate change on health is increasingly clear. A report tabled by the World Heath Organisation (WHO) following the recent COP24 meeting in Poland, presents important findings and makes vital recommendations.  The drivers of climate change – principally fossil fuel combustion – pose a heavy burden of disease, including a major […]

Coal 2018: Analysis and forecasts to 2023

Coal remains a major component of global fuel supplies, accounting for 27% of all energy used worldwide and making up 38% of electricity generation. It plays a crucial role in industries such as iron and steel. But concerns about air pollution and greenhouse gas emissions cloud the future of coal. This year’s annual IEA coal […]

Eskom COO Jan Oberholzer explains…

. A refreshing openness by Eskom’s new management was demonstrated yesterday in an exclusive interview with Eskom COO Mr Jan Oberholzer by EE Publishers. The interview followed dramatic developments in the operations of Eskom this year, including the decline in the utility’s generation plant performance, shortages of coal at power stations in Mpumalanga, the return […]