Posts tagged as Kusile

Energize Inbox, August 2016

Our winning letter re: Renewable energy is an uneconomical source of energy Sir I think the CEO of Eskom has accurately described the renewable situation. Certain renewables, primarily wind and solar  are in reality uneconomic as major baseload power suitable for industry and the all-important manufacturing and mining industries. In essence they are a failed […]

Understanding the cost of electricity from Medupi, Kusile and IPPs

  In order to understand and compare the cost of electricity from a power plant, whether it is coal-fired, nuclear, hydro, gas, wind or solar, one needs to look further than simply the capital, fuel or operating and maintenance costs in isolation, to a concept known as the “levelised cost of electricity” over the lifetime […]

Massive cost and time overruns at Eskom’s Medupi and Kusile power stations

  Besides the financial results themselves for Eskom’s financial year ending 31 March 2016, perhaps the most important new information to come out at the media briefing at Megawatt Park on 5 July 2016, was Eskom’s latest estimate of the overnight capital costs, or cost to completion (CTC), for its Medupi and Kusile power stations. […]

Conceived in the resource-rich 20th century, SA’s two immense power plants stumble

  Credit: This article is published with permission from Circle of Blue, the news and science center that reports on the competition between water, food, and energy globally.  Conceived in the resource-rich, ecologically stable, and capital-abundant 20th century, South Africa’s two immense coal-fired Medupi and Kusile power stations were viewed as reasoned answers to South Africa’s growing demand for electricity, […]

Small start-up to supply crucial parts for new power station

  On 15 September 2015, Siemens hosted over 50 people, including representatives from Eskom and the Department of Trade and Industry to celebrate the official handover of the new lean manufacturing cell to Fearless Technical Contracts and Services at their manufacturing facility in North Riding, Johannesburg, which is an incubator for small enterprises. The Fearless […]

Eskom bullish about the future despite a fall in earnings and profit

  Eskom has reported a R3,6-billion net profit for the year ending 31 March 2015. The power utility’s net profit in the previous year (1 April 2013 to 31 March 2014) was R7,1-billion. Speaking at the company’s integrated results meeting on 11 August 2015, Brian Molefe, the utility’s acting chief executive, said that he was […]

Energize Inbox, June 2015

Our winning letter: Sir re: What is the cost of new build? With reference to the article by Mike Rycroft on page 9 of the April edition of Energize, I agree that the capital cost of some of the supposedly cheap renewable is high against this measure. I like the measure “capital per deliverable MWh […]

R1-billion Eskom Kusile automation contract cancelled and reinstated with ABB

  On 20 March 2014, Eskom announced the termination, with effect from 17 April 2015, of the approximately €100-million (approx R1-billion) control and instrumentation (C&I) works contract placed with Alstom in 2011 for its 4800 MW Kusile power station, which currently under construction near eMalahleni (Witbank) in Mpumalanga Province, South Africa. Shortly thereafter Eskom announced […]

Losses put Eskom’s sustainability at risk

  Eskom predicts that it will post a net loss of R8,8-billion for the six month period from September 2014. This loss will virtually wipe out the utility’s R9,3-billion profit by 31 March 2015, undermine the utility’s capex and opex budgets, and put the utility’s sustainability at risk. Speaking at Eskom’s interim financial results presentation on […]