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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.
“This is a corrupt deal because the investors in Seriti are Batho Batho Trust and Thebe Investment, both investment arms of the ANC,” said Ted Blom.
“Delays to the projects will extend debilitating energy shortages that President Ramaphosa said are a ‘massive risk’ for the economy,” says Bloomberg.
In a shock announcement yesterday, President Cyril Ramaphosa said that the cap for private power generation without a licence would be raised from 1MW to 100MW.
Just 18 months in the hot seat and Eskom CEO Andre de Ruyter has reduced debt by over R90bn – remarkable, but there’s still R400bn to pay back.
Government has made a shortsighted decision in utilising powerships for the majority of SA’s emergency power generation, according to experts.
Who will pay for the funeral when Koeberg reaches the end of life? Chris Yelland exposes Eskom’s lack of planning for nuclear energy decommissioning.
Eskom has proposed a new fee structure which will give high usage customers a break, but lower use customers will pay more.
Romeo Kumalo told axed Eskom executives that an independent inquiry would take long, forcing them to accept a settlement.
Two Eskom board members raised questions over the unusual deal which was eventually signed off by the utility’s CEO and CFO.
Tito Mboweni says the PIC is working with Eskom and National Treasury to arrange further assistance for the debt-laden SOE