http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.01Change: 0.00
R/$ = 10.67Change: -0.04
Au 1287.51 $/ozChange: 0.01
Pt 1424.50 $/ozChange: -1.50
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Nov 13, 2008

Eskom says electricity demand likely to fall next year

Back
 
Africa|Eskom|GM Andrew Etzinger|Industrial|Merafe Resources|Projects|Resources|Xstrata Alloys|Africa|South Africa|Demand-side Management|Electricity Demand|Power Producer|Andrew Etzinger|Etzinger|Power
Africa|Eskom|Industrial|Projects|Resources||Africa|||Power
africa-company|eskom|gm-andrew-etzinger|industrial|merafe-resources|projects|resources|xstrata-alloys|africa|south-africa|demand-side-management-industry-term|electricity-demand|power-producer|andrew-etzinger|etzinger|power
© Reuse this



Power producer Eskom expects electricity demand in South Africa to fall in 2009, as many of its key industrial customers adjusted outputs in light of the global economic downturn.

“The impact of the global slowdown, as well as the commodity cycles, is really impacting on our iron and ferroalloy customers hard, and you would have seen that a number of ferrochrome furnaces, would be decommissioned,” Eskom demand-side management GM Andrew Etzinger said.

Ferrochrome producer Xstrata Alloys and its South African joint-venture partner, Merafe Resources, will temporarily suspend six furnaces, while Assmang will switch off two of its ferrochrome furnaces due to lower demand.

However, he emphasised that in terms of the medium- to long-term, the utility could not make any capacity decisions based on the operational decisions of these customers to shut off the furnaces.

He reiterated that this put Eskom in a difficult position, because if a company experienced a quick turnaround in demand, a furnace could be very quickly restarted, thus, Eskom could not adjust its long-term growth forecast.

The downturn in demand could bounce back very quickly, Etzinger stated.

“If we have a long-term protracted downturn, of course, it could be longer. So we are doing our sums now on what our demand could be next year,” he added.

He said that, at the same time, Eskom was also receiving indications that certain projects for expansions of facilities were likely to be reconsidered, or delayed.

“Now there you would have the potential for capacity reduction, on the generation side with Eskom. But it is still early days, and I think a decision to delay or put on hold projects is not taken overnight, or it's not taken as easily by the same companies as to shut down a furnace for a week or two or three,” Etzinger said.

“So, we are already at the start of a process of a possible step-change in electricity demand, but we would need to see how that turns out,” he concluded.

Edited by: Mariaan Webb
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Video News
More
 
 
Latest News
The pump prices of both grades of petrol and wholesale diesel, as well as the maximum retail prices of illuminating paraffin and liquefied petroleum gas (LPG), are set to decrease from September 3, the Department of Energy said on Friday. Petrol would drop by 67c/l,...
The amount owed to municipalities for services has continued to rise, reaching R94-billion by June, compared with the R93.3-billion recorded in December. Households still accounted for the bulk of the aggregate municipal consumer debts; however, this had declined...
More
 
 
Recent Research Reports
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...
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.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
 
 
 
 
 
This Week's Magazine
South African State-owned defence industrial group Denel has announced its fourth consecutive year of profits. The group's results for the financial year 2013/2014 were recently announced at its head office in Centurion, south of Pretoria. Revenues grew by 17%, net...
There is little opportunity for JSE-listed infrastructure company Group Five to grow shareholder value in the domestic market, says CEO Mike Upton. He says value can still be found in the private sector, in the renewable and industrial power sector, as well as in...
The National Association of Automobile Manufacturers of South Africa (Naamsa) has announced the event dates of the 2015 Johannesburg International Motor Show (JIMS). The event will take place from October 14 to October 25, 2015, at the Johannesburg Expo Centre, Nasrec.
UK engineering support services provider Babcock is set to deliver the largest order of global truck manufacturer DAF’s truck tractors in Southern Africa to bulk carrier road-based logistics company Ngululu Bulk Carriers (NBC), with 133 trucks to be delivered in...
Digital radio communications in the African local government space can open up the world, but have many challenges to overcome, notes integration and migration of legacy radio communications infrastructure with digital mobile radio company Emcom Wireless head of...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks