Posts tagged as Eskom

Government’s roadmap to “reform” SA’s electricity industry

On Tuesday 29 October 2019, South Africa’s Department of Public Enterprises published its “Roadmap for Eskom in a reformed electricity supply industry“. The report states that Eskom will be divided into three operational entities; that power stations will compete with one another to reduce the cost of electricity to users for the good of the […]

Medupi magic fails Eskom and South Africa – the stuff of nightmares

Following major problems that brought Eskom’s Medupi power station to its knees during the height of the load shedding last week, Medupi’s power station manager, Rudi van der Wal, is leaving Eskom to take up a position overseas. Van der Wal had resigned before the mess started, and was due to leave in about two […]

Government urged to expedite IRP

The minister of mineral affairs and energy, Gwede Mantashe, says the long-awaited integrated resource plan (IRP) for electricity will go before Cabinet this week. Business Unity South Africa’s (BUSA’s) president Sipho Pityana, is urging the government to expedite the gazetting of a least-cost, least-regret option which will power the economy and create and sustain jobs. Pityana […]

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 […]

Teenagers rewarded for scientific investigations

Are school uniforms “silent killers”? This question was studied and answered by two teenagers from Cape Town’s Rondebosch Boys’ High School recently. Research undertaken by Grade 10 learners André Toerien and Zuhayr Halday, revealed an unexpected result and went on to win them the Hendrik van der Bijl  prize, sponsored by EE Publishers, at the […]

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 […]

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 […]

Electricity supply challenges are credit negative, with metros most affected

Municipalities in South Africa are heavily dependent on surpluses from the sale of electricity [1]. In FY2018, surpluses [2] from electricity distribution comprised roughly 44% and 46% of gross operating balance for rated metropolitan municipalities (metros) and local municipalities, respectively, leaving municipalities vulnerable to supply and demand dynamics in the sector. Over the past two […]

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 […]