R/€ = 13.85
R/$ = 10.93
Au 1231.31 $/oz
Pt 1248.50 $/oz
Sep 10, 2008
Daily podcast – September 10, 2008Back
Construction|Johannesburg|Africa|CoAL|Coega Development Corporation|Eskom|Firestone Africa|Industrial|Lafarge|Mitsubishi|Nuclear|PROJECT|Total Coal South Africa|Waste|Africa|South Africa|Electricity|Electricity Supplier|Energy|Gas-fired Power Station|Mining|Nuclear|Diamonds|Bush|Clarence Oelofse|Diego De Bourges|Jacob Zuma|John McCain|Phillip Dexter|Power|Senzeni Ndebele|Waste|Operations
© 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
Pharmaceutical companies typically invest substantial amounts of money into research and development. Their research, however, is not only aimed at discovering new active pharmaceutical ingredients (APIs). Instead, some companies make small modifications to existing...
A controversial patent process known as ‘ever-greening’ is being carried out by many pharmaceutical brands, and is preventing medications from being made available as generics, affecting many South Africans who are struggling to keep up with the cost of medication....
It has been over six years since the government began developing the draft policy on intellectual property (IP) that has been the focus of major public controversy following the PharmaGate scandal, which involved a leaked pharmaceutical industry email by Knowledge...
Recent Research Reports
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.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
This Week's Magazine
Integrated energy and chemical company Sasol has partnered with Unisa Graduate School of Business Leadership (SBL) professor and founder and CEO of PanAvest Partnership Dr Douglas Boateng to publish a series of books on executive supply chain management aimed at...
The World Wide Fund for Nature’s (WWF’s) 2014 Living Planet Index (LPI) indicates that there has been a 52% decline in vertebrate species since 1970. The Index tracked the trends of 10 000 discrete populations of over 3000 vertebrate species between 1970 and 2010.
Rwanda has joined a number of East African countries seeking to import electricity from Ethiopia as its demand grows. After it became apparent several generation project it is implementing will not come on stream early enough, now plans to import 400 MW from Ethiopia...
Metrorail’s first new passenger train will arrive in November next year, says Passenger Rail Agency of South Africa (PRASA) CEO Lucky Montana. “Next year we will be able to put our hands around the infrastructure and equipment we have been talking about for so long.”
The Competition Commission has launched an investigation into what it says are “price fixing, market division and collusive tendering in the market for the manufacture and supply of automotive components to original equipment manufacturers” (OEMs, or vehicle...