R/€ = 14.67
R/$ = 10.61
Au 1287.21 $/oz
Pt 1403.50 $/oz
Sep 10, 2008
Daily podcast – September 10, 2008Back
Johannesburg|Coega Development Corporation|Eskom|Firestone Africa|Lafarge|Mitsubishi|Total Coal South Africa|South Africa|Electricity|Electricity Supplier|Gas-fired Power Station|Bush|Clarence Oelofse|Diego De Bourges|Jacob Zuma|John McCain|Phillip Dexter|Senzeni Ndebele
© Reuse this This podcast is brought to you by Mitsubishi Fuso - you can rely on us.
Wednesday, September 10, 2008.
From Creamer Media in Johannesburg, I'm Shannon O'Donnell.
Making headlines today:
The operator of the Coega Industrial Development Zone is seeking to appoint an adviser to assist in the construction and operation of a gas-fired power station. The station could contribute as much as 3 200 MW to the country's grid by late 2012.
The project will be rolled out in three phases. The first phase will contribute 800 MW of electricity to the national grid by early 2011. Further expansions could boost capacity to 1 600 MW, 2 400 MW and possibly 3 200 MW by late 2012.
Coega Development Corporation spokesperson Senzeni Ndebele said that various government entities were involved the project. He declined to name the parties.
An estimated 20 000 MW will be needed from independent power producers by 2025. This takes into account the predicted demand and expected supply from State-owned electricity supplier Eskom.
IPPs were still unable to compete with the cost of electricity produced by Eskom. But Firestone Africa vice president Clarence Oelofse said that the expected steep increases in the national power tariff was good news for private producers.
He said that Eskom's coal-fired electricity had a supply cost of about 25c/kWh, while nuclear-generated power's cost was estimated at 50c/kWh.
Total Coal South Africa vice-president Diego De Bourges said on Tuesday that South African coal miners should be allowed to generate their own coal-fired electricity at new mines using their own coal waste.
He told the Mining Summit 2008 in Johannesburg that coal miners like Total had coal waste that could be turned to valuable account in self-generation initiatives.
He said that it had sufficient energy to fuel an on-site power station, which could be used initially to supply electricity to the new mine alone and then also to other mines within a mining group. He noted that the calorific value of such coal waste was too low to be transported economically.
Also making headlines:
Oil falls $1 as a strong dollar counters storm fears
The autocat industry calls for ‘substantial' new incentives as South Africa phases out the MIDP
Lafarge investigates the use of alternative fuels for its boiler operations
Rockwell Diamonds urges shareholders to take no action on an 'opportunistic' takeover bid
The Waterberg's coal-bed methane potential could boost South Africa's liquid fuel output
And, a South African union reiterates its call for a State-owned mining company
In political news:
A poll shows a big shift to John McCain among white women
Democrats hit Bush on his troop plan
The SACP says that donation row fears made Phillip Dexter quit
And, Jacob Zuma says the judiciary is not above criticism
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: Shannon de Ryhove© Reuse this Comment Guidelines
Other Intellectual Property Law News
Updated 1 hour 45 minutes ago Nigeria has awarded most of its long-term oil contracts worth an estimated $40-billion a year to local companies, according to a confidential list seen by Reuters, meaning global traders need to partner with them to access crude from Africa's top producer. Global...
Updated 2 hours 2 minutes ago JSE-listed Sephaku founding member Christiaan Rudolph de Bruin has resigned as a nonexecutive director and a member of the company’s remuneration and nomination committee, effective April 21. De Bruin, along with CEO Dr Lelau Mohuba and David Twist, founded the...
Updated 2 hours 8 minutes ago The Johannesburg Stock Exchange (JSE) will start phasing out its current technology in favour of a new multi-asset integrated clearing technology platform. The JSE, which currently uses different clearing technologies for different asset classes, has partnered with...
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,...