Eskom’s senior executives will not take their annual bonuses for the financial year 2013/14. The utility’s interim CEO, Collin Matjila, says that this decision was made as part of Eskom’s efforts to cut costs in light of the projected R225-billion revenue shortfall over the five-year period 2013 – 2018. The decision to forgo bonuses […]
Energy losses continue to be a challenge for utilities globally, both in developed and developing economies. As a result of increasing production costs in the value chain, utilities have to manage these losses at acceptable levels. In South Africa the problem is exacerbated by Eskom’s generation capacity challenges. Losses incurred in electrical power systems […]
Vector publishes a regular round-up of large projects in the pipeline as a heads-up to readers who may be interested in submitting tenders. A million homes to get power Delivering his budget speech in Cape Town recently, the minister of finance said the housing budget for the 2013/14 financial year was R143-billion. This would […]
Eskom has published a press release quoting the utility’s chairman, Zola Tsotsi, reaffirming his board’s confidence in the ability of Collin Matjila to lead and manage Eskom in the interim period, and stating that it is satisfied that Matjila has no aspiration for the permanent appointment as CEO. Tsotsi says that the board has noted the allegations which are […]
Tina Joemat-Pettersson faces a daunting task as South Africa’s new energy minister. She will be the seventh energy minister since the advent of democracy in 1994 (on average, ministers have occupied the position for less than three years). None have truly put their stamp on the sector and the challenges the new minister faces […]
Eskom congratulates the twelve finalists from South Africa who participated in the prestigious Intel International Science and Engineering Fair over a week in Los Angeles, California. The learners had done very well at the Eskom Expo for Young Scientists last year and were therefore selected to represent South Africa at the largest high school science […]
Eskom is awaiting a determination later this month from the National Energy Regulator of South Africa (NERSA) on its submission for the evaluation and approval of the regulatory clearing account (RCA) balance for its previous multi-year price determination (MYPD2) control period. The RCA submission was made during the last quarter of 2013 in line […]
Dr. Steve Lennon, Eskom’s Group Executive for Sustainability, was honoured with a Lifetime Achievement award at African Utility Week’s Industry Awards in Cape Town recently. The Industry Awards celebrate the triumphs and successes of Africa’s power and water sectors, highlighting those companies and executives which have been responsible for pioneering new frontiers, pushing boundaries, […]
Engineers must lead from the top was the strong message from Dr. Pat Naidoo when he delivered his inaugural presidential address at the South African Institute of Electrical Engineers (SAIEE)’s annual general meeting earlier this year. “It is all about growing world class customer focussed engineers who must lead from the top.” In my […]
Delivering the SANEA lecture to an audience of about 100 at the Sasol auditorium in Rosebank, Johannesburg on the evening of 13 May 2014, Dr. Hendri Geldenhuys, a corporate specialist in smart grid technology at Eskom, discussed the importance of embedded generation (also known as distributed generation) to the overall energy supply in South Africa. […]
