http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.48Change: 0.08
R/$ = 11.46Change: 0.05
Au 1228.13 $/ozChange: -10.36
Pt 1231.50 $/ozChange: -11.50
 
 
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 Electricity News
Updated 3 hours ago Eskom will implement stage one loadshedding from mid-Tuesday morning, the parastal announced. The utility posted on its Twitter feed shortly after 09:00: "Eskom will implement loadshedding stage 1 from 10:30 today. It is likely to continue until 22:00. We will give...
Temporary power generation services provider Aggreko has extended the contract for its 200 MW gas-fired power project in Côte d'Ivoire by three years, with the option to extend this by a further two years.
Article contains comments
Eskom CEO Tshediso Matona
Apart, perhaps, from the Stoney ginger beer pick-me-up on his conference table and the queue of awaiting visitors in his reception area, there are few other signs of the pressure Eskom CEO Tshediso Matona is under. His corner office on the third-floor at Megawatt...
More
 
 
Latest News
Updated 33 minutes ago Petochemicals group Sasol and the Lion Match Company have inked a deal that will see Sasol subsidiary and candle manufacturer Price’s Candles being absorbed into Lion’s portfolio of homecare brands. Lion Match Company group CEO Alisdair Sinclair said the acquisition...
Updated 2 hours 10 minutes ago After receiving the most number of votes at PPC’s annual general meeting (AGM) on Monday, Tito Mboweni, Charles Naude, Daniel Ufitikizeri, Nicky Goldin, Timothy Leaf-Wright and Peter Nelson have been appointed to the board of the cement group. Shareholders were...
Updated 3 hours ago Eskom will implement stage one loadshedding from mid-Tuesday morning, the parastal announced. The utility posted on its Twitter feed shortly after 09:00: "Eskom will implement loadshedding stage 1 from 10:30 today. It is likely to continue until 22:00. We will give...
More
 
 
Recent Research Reports
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.
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.
 
 
 
 
 
This Week's Magazine
BRUCE BRADFORD The 3D printers have a clear upgrade path to eventually print in wood, ceramics and metal-alloys
Three-dimensional (3D) printers being sold in South Africa by electronics distributor Rectron currently print in two types of plastic, but have a clear upgrade path over the next five years to eventually print in wood, ceramics and metal-alloy materials, says Rectron...
The world’s two dominant commercial aircraft manufacturers, Airbus of Europe and Boeing of the US, both recently announced that they had made record aircraft deliveries in 2014. Boeing set a global record for the industry with 723 commercial aircraft delivered, while...
The Western Cape is shifting further into the renewable-energy space with the official opening of a factory specialising in solar inverters, a key component of solar photovoltaic (PV) plants. The investment in the manufacturing facility in Cape Town aims to boost the...
Business Leadership South Africa (BLSA) last month welcomed Cabinet’s establishment of a technical team war room to undertake various interventions to improve electricity supply security over the short- and medium-term, but added that the private sector also had a...
Despite a rapid rise in mobile connections and the economic and social benefits of such connectivity, more than half of the world ended 2014 unconnected. For this reason, industry commentators believe the biggest impact of mobile technology is still to come –...
 
 
 
 
 
 
 
 
 
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