R/€ = 14.49
R/$ = 10.50
Au 1294.90 $/oz
Pt 1407.50 $/oz
Jun 03, 2008
Daily Podcast - June 3, 2008Back
Johannesburg|Pretoria|Arch Coal|Eskom|Renewable Energy|Australia|South Africa|United States|Eskom Wind Farm|Renewable Energy|Western Cape|Amos Masondo|Mugabe|Steve Leer
© Reuse this Tuesday, June three, 2008.
From Creamer Media in Johannesburg, I’m Hilary Klopper.
Making headlines today:
Local government delegates on Monday kicked-off a two-day climate change summit that would hopefully result in a number of practical steps and proposals for policy and regulation regarding climate change, to be implemented at the local level.
The need to balance a growing economy with environmental sustainability was highlighted by various speakers from local government, including city of Johannesburg executive mayor Amos Masondo.
Delegates hoped to emerge from the summit with a local government declaration that could be adopted towards a lower carbon economy, with clearer strategies and aims.
Going forward, cities would be required to operate in new ways, with clear and decisive policies for climate change mitigation and adaptation, which included participation from the public sector, the private sector, and NGOs.
The National Energy Regulator of South Africa would on Thursday hold public hearings in Pretoria to consider the proposed Eskom wind farm, to be constructed near Koekenaap, in the Vredendal area of the Western Cape.
The project would involve the development of a wind farm with an initial capacity of 100 MW, which was likely to be increased to 200 MW. The plant would enable the storage of renewable energy for use during evening peak demand.
The wind farm was expected to be operational by early 2010 and would be South Africa's second commercial wind farm, following the launch of the first such wind farm near Darling, in the Western Cape, two weeks ago.
The world coal shortfall will last at least two or three years and could reach 70-million tons next year, Arch Coal chairperson and CEO Steve Leer said on Monday.
Leer said the shortfall has driven recent price increases, with benchmark US coal prices doubling in the past year to more than $100 a ton, but he declined to predict how high prices might go.
He forecast a strong market for at least two or three years, saying it will take at least that long to ease rail and port bottlenecks in Australia and electric power shortages in South Africa, both key producing countries.
Also making headlines:
House prices fall on rates rise and new credit laws
World Trade Organisation mediator suspends talks on industrial goods
Telkom approached by Mvela-led consortium
DRDGold says Blyvoor miners back at work
Caledonia completes sale of SA mine
And, Aquarius loses 1 300 oz after Everest workers down tools
In political news:
The AU and UN are to name a joint Darfur mediator
Somali traders in march against xenophobic attacks
Mugabe left out of UN summit dinner
Cape Bar Council meets on Hlope
And, a G8 draft shows the US blocking emissions targets
That’s a round up of news making headlines today. For more on these and other stories, visit engineeringnews.co.za, miningweekly.com and polity.org.za
Edited by: Hilary Klopper© Reuse this Comment Guidelines
Other Intellectual Property Law News
Recent Research Reports
Steel 2014: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2014 report provides an overview of the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon steel and stainless...
Projects in Progress 2014 - First Edition (PDF Report)
This publication contains insight into progress at the delayed Medupi and Kusile coal-fired projects, in Mpumalanga and Limpopo respectively, as well as at the Ingula pumped-storage scheme, which is under construction on the border between the Free State and...
Automotive 2014: A review of South Africa's automotive sector (PDF Report)
The report provides insight into the business environment, the key participants in the sector, local construction demand, geographic diversification, competition within the sector, corporate activity, skills, safety, environmental considerations and the challenges...
Construction 2014: A review of South Africa's construction sector (PDF Report)
Construction data released during 2013 hints at a halt to the decline in the industry during the last few years, with some commentators averring that the industry could be poised for recovery. However, others have urged caution, noting that the prospects for a...
Electricity 2014: A Review of South Africa's Electricity Sector (PDF Report)
This report provides an overview of the state of electricity generation and transmission in South Africa and examines electricity planning, investment in generation capacity, electricity tariffs, the role of independent power producers and demand-focused initiatives,...
Defence 2013: A review of South Africa's defence industry (PDF Report)
Creamer Media’s 2013 Defence Report examines South Africa’s defence industry, with particular focus on the key players in the sector, the innovations that have come out of the defence sector, local and export demand, South Africa’s controversial...
This Week's Magazine
The Electronic Systems Laboratory (ESL) of the Department of Electrical and Electronic Engineering at Stellenbosch University is strongly reaffirming its position as one of South Africa’s leading centres for satellite technology and expertise. It is currently...
The world’s lowest-cost diesel-electric locomotive is not made in China, but in Pretoria, at RRL Grindrod Locomotives’ newly upgraded 30 000 m2 plant. The company’s locomotive pricing is “more competitive than any other original-equipment manufacturer (OEM)...
The South African Defence Review 2012, released to the public at the end of last month (despite the year given in its title) recommends the creation of the post of Chief Defence Scientist. This official would be responsible for the management of defence technology...
AltX-listed engineering technology company Ansys has been awarded an R188-million contract by Transnet to supply integrated dashboard display systems to the freight rail utility’s locomotives. Black-owned and controlled Ansys developed the bespoke integrated system...
South Africa’s sole nuclear power station Koeberg, which is located in the Western Cape, breached a major operations milestone on April 4, which marked the thirtieth anniversary of Unit 1 having been connected to the grid. Eskom, which operates the two-unit plant,...