The world is changing fast and to keep up you need local knowledge with global context.
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.
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.
South Africans looking for signs of an end to the latest round of power cuts were left disappointed after the minister responsible for power utility Eskom said he doesn’t have answers yet.
The Development Bank of Southern Africa is funding a program intended to give renewable energy projects in the electricity-starved country a boost by making them more appealing to commercial banks.
Eskom’s air pollution has fallen well behind its peers in other parts of the world, including developing countries such as India and China.
South Africa plans to expand use of renewable power as the coal-dependent nation expects traditional, centralised generation plants to “disappear,” Energy Minister Jeff Radebe said.