Efforts to solve SA energy crisis could harm inward investment
South Africa is looking to spend billions of rand to secure energy from megaprojects on the continent at a time when Eskom is broke and struggling to supply enough electricity.
Energy
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.
FirstRand joins Nedbank in coal-fired power exodus
FirstRand has joined the exodus of local banks that were funding new coal-fired power plants in SA.
Eskom’s death spiral: Unions stand in way of any revival
There should be many options on the table when it comes to fixing Eskom. But the problem is that each one of these solutions would be rejected by unions.
Nedbank goes fully green, withdraws funding for coal IPPs
Nedbank lived up to its slogan as the “green” bank in a decision to withdraw its funding of two proposed new coal-fired power stations in South Africa.
R2 billion running repairs on inept Eskom power build
Eskom is facing a mounting repair bill at two new coal-fired power stations that are still under construction, compounding its already dire financial situation.
South Africa to double up on investment in Congo’s Inga 3 dam – a risky move?
South Africa is mulling committing to doubling the amount of electricity it will buy from a proposed multibillion-dollar hydro power plant in the Democratic Republic of Congo.
Eskom eyes cutting 10,000 jobs to help keep lights on
At least 10,000 people on Eskom’s payroll of 48,600 could lose their jobs, say insiders at the state-owned energy company.
Best of 2018: Team Cyril shuns nuclear for renewables – revives R56bn solar, wind projects
South Africa is back on track with its renewable energy programme after two years of uncertainty and government backtracking on its commitments to this multibillion-rand industry.
Eskom’s much-needed clean-up begins as 21 execs reduced to 9
Eskom has reduced the number of F-Band positions from a total of 21 to 9 by way of regrading or combining roles.
Meet Eskom COO Jan Oberholzer: A man in SA’s energy hot seat
A refreshing openness by Eskom’s new management has been demonstrated in an exclusive interview with Eskom COO Jan Oberholzer.