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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.
The Kouga Wind Farm is generating enough electricity to supply approximately 50,000 average South African households yearly.
South Africa’s government has established a “war room” to tackle energy shortages that have led to managed blackouts and contributed to the economy’s contraction in the second quarter.
Investors are pulling back from wind farms in Nordic nations as the lowest electricity prices in 12 years cut the profitability of new projects.
Renewables are a lone bright spot in South Africa’s struggling power industry.
Energy Minister Tina Joemat-Pettersson now says ‘they’re not in a hurry’ to finalise the funding model for the proposed $100bn nuclear project.
President Jacob Zuma opened SA’s first new power plant in 20 years on Sunday, warning that the country’s perennial energy shortages, hampering economic growth.
Buffett’s Berkshire Hathaway has been buying shares in Phillips 66. The value of this investment now exceeds a $3.7bn stake in oil supplier Exxon Mobil.
Plans to build new nuclear plants are encountering mounting opposition from within the government and ruling party over the project’s affordability.
Kelvin Kemm says a new nuclear power station in South Africa is near, with construction set to start in 2016.
Utility and power grid managers in the U.S. are learning that the best way to cut carbon emissions and improve efficiency is the easiest: Just change your lightbulbs.