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Breaking news and analyst commentary on the ever-changing energy sector in South Africa. Including conventional and renewable energy sectors and the latest energy producing and storing technologies.
Ever wondered what it is that enables lithium-ion batteries – the rechargeable ones that power cellphones, cars and many other devices that make our lives so much easier – to actually work?
Proper governance and financial management, according to John Kane-Berman, are not the only contradictory demands from Pravin Gordhan.
The extent of Eskom’s woes has been starkly brought to light in a series of charts by Bloomberg. Its analysis indicates that the bailout by the Government is not nearly enough to get the utility back on track.
Countries which have populations not connected to the electric grid, could make the transition to decentralised electricity markets far quicker.
Eskom’s debt burden, described by Goldman Sachs as the biggest threat to SA’s economy, has burgeoned, compounding the difficulty the government faces in formulating a turnaround plan.
The CEO of Eskom, in an interview that ticks all the right boxes, says corruption has largely been addressed, leaving a few small pockets, but certainly no tentacles that reach up into the board.
Standard has joined the exodus, following in the footsteps of both First Rand and Nedbank, saying it is no longer involved in financing either of the new coal IPP projects.
Chris Yelland recommends a system that will have many people contributing to electricity supply from private premises.
South Africa’s exposure to high carbon commodities could result in an aggregate R2trn worth of risk associated with the transition to a low carbon economy.
One of South Africa’s newest power plants, designed to supply the grid during peak-use periods, is defective and has been limited to operate at lower capacity.