R/€ = 13.16
R/$ = 11.77
Au 1207.10 $/oz
Pt 1187.00 $/oz
Sep 10, 2008
Daily podcast – September 10, 2008Back
© 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 (150 word limit)
Other Intellectual Property Law News
Pedestrian Door Solutions specialists, ASSA ABLOY Entrance Systems South Africa (Pty) Ltd., have supplied and installed a number of Besam entrance systems to medical facilities both in South Africa and outside the country’s borders that offer fast, convenient and...
Rubber-in-compression couplings, from Renold Hi-Tec, provide fail-safe operation on applications such as mine winders, hoists, draw-works on drilling rigs and industrial overhead cranes. The intrinsically fail-safe construction of the couplings protects both people...
Engineering, management and specialist technical services company Aurecon achieved a first in Tshwane in 2011 when its Lynnwood Bridge Office Park building, situated just off of the N1 highway, achieved a 4 star GreenStar SA – [Office Design v1, Office Design v1]...
Recent Research Reports
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
This Week's Magazine
Subscribe to Engineering News and Mining Weekly for two years, but only pay for the first year. The weekly editions of Engineering News and Mining Weekly will be posted to your preferred postal address and also gain access to:
National flag carrier South African Airways (SAA) is in an advanced stage of renegotiating its deal with European airliner manufacturer Airbus to acquire A320 single-aisle (or narrow body) aircraft. The aim is to replace ten of the aircraft still on order with five...
Worldwide, the main thrust in the ports industry over the past decade or more has been to increase efficiency. Traditionally, ports have been run by engineers and mariners and, in the past, increasing a port’s capacity was achieved by expanding the harbour. “That has...
What do you do when an elephant has a toothache? You call Dr Gerhard Steenkamp from the University of Pretoria’s (UP’s) faculty of veterinary science, Onderstepoort, one of only two elephant ‘dentists’ in the world.
The 2015 Sanlam/Business Partners Entrepreneur of the Year (EOY) competition was launched earlier this month in Johannesburg, with the main focus on creating and inspiring entrepreneurs to create jobs and boost the economy.