http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.14Change: -0.15
R/$ = 12.05Change: -0.20
Au 1200.03 $/ozChange: -6.12
Pt 1139.50 $/ozChange: -16.00
 
 
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 Letters 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|Industrial|Projects|Resources|Africa|Power
Africa|Eskom|Industrial|Projects|Resources|Africa|Power
africa-company|eskom|industrial|projects|resources|africa|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 Electricity News
Updated 5 hours ago There are no scheduled power outages for Monday, Eskom said. Spokesperson Khulu Phasiwe said Eskom expected the power grid to remain "moderate" throughout the day.
Updated 7 hours ago Creamer Media’s Electricity 2015 report provides an overview of State-owned power utility Eskom and independent power producers, as well as electricity planning, transmission, distribution and the theft thereof, besides other issues.
DA Parliamentary leader Mmusi Maimane
Updated 7 hours ago Deputy President Cyril Ramaphosa must provide the country and Parliament with a comprehensive report on the state of Eskom, the Democratic Alliance said on Sunday. DA Parliamentary leader Mmusi Maimane said in a statement he had written to Ramaphosa requesting that...
Article contains comments
Article contains comments
More
 
 
Latest News
Updated 5 minutes ago Over 26 companies active in the logistics, support services, oil and gas contracting and drilling, marine and rig building, fabrication and repair and wells specialist industries have shown interest in relocating their businesses to the Saldanha Bay Industrial...
Updated 1 hour 9 minutes ago Tanzania plans to spend $14.2-billion to construct a new rail network in the next five years financed with commercial loans, the transport minister said, as the country aims to become a regional transport hub. Tanzania, like its neighbour Kenya, wants to capitalize...
Updated 1 hour 16 minutes ago The Airports Company South Africa (ACSA) has agreed to pay almost R2-million for fixing the prices of parking bays at OR Tambo International Airport in Johannesburg, the Competition Commission said on Monday. "In terms of the settlement, ACSA admits that it engaged...
More
 
 
Recent Research Reports
Projects in Progress 2015 - First Edition (PDF Report)
In fact, this edition of Creamer Media’s Projects in Progress 2015 supplement tracks developments taking place under the Renewable Energy Independent Power Producer Procurement Programme, which has had four bidding rounds. It appears to remain a shining light on the...
Electricity 2015: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2015 report provides an overview of State-owned power utility Eskom and independent power producers, as well as electricity planning, transmission, distribution and the theft thereof, besides other issues.
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...
 
 
 
 
 
This Week's Magazine
Projected capital expenditure (capex) in the South African automotive assembly industry should reach a record R7.48-billion this year, says the National Association of Automobile Manufacturers of South Africa (Naamsa) in its 2014 fourth quarter business review. Capex...
After several years of navigating project-threatening red tape and currency fluctuations, the 4.4 MW Bronkhorstspruit biogas power plant, which will supply clean energy to a leading automotive manufacturer in Gauteng, is expected to enter production before June....
RESOURCEFUL The raw material for the pilot plant would be supplied from the dissolving wood pulp plants at Sappi’s Saiccor and Ngodwana mills, in South Africa, and the Cloquet mill, in the US
South African paper and pulp producer Sappi reported earlier this month that it would build a pilot plant for the production of low-cost Cellulose NanoFibrils, or CNF (nanocellulose) at the Brightlands Chemelot Campus in Sittard-Geleen in the Netherlands.
The long-term outlook for Nigeria is a country that has the potential to be very strong. So affirmed International Monetary Fund (IMF) Nigeria Mission Chief and Senior Resident Representative Dr Gene Leon on recently. "But we are starting from a point of huge...
Poor infrastructure planning and inadequate maintenance are becoming increasingly problematic for new developments and the associated infrastructure required to support such developments. In many urban and rural municipalities, the state of infrastructure has been...
 
 
 
 
 
 
 
 
 
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
Subscribe Now for $96 Close
Subscribe Now for $96