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African market is opening up to corporate PPAs – Baker McKenzie

By: Marleny Arnoldi     15th February 2019 At a time when electricity tariffs are increasing and the shift towards greener energy is gaining momentum, law firm Baker McKenzie says Africa is starting to see a surge in the signing of corporate power purchase agreements (PPAs).  

On-The-Air (15/02/2019) 

By: Martin Creamer     15th February 2019 African countries are streaking ahead of South Africa on the mining automation front; mining companies are opting for solar power because it is cheaper than Eskom power; and only black-owned companies will be allowed to buy the seven mining operations that are up for sale in Mpumalanga.... 

The world still doesn’t have enough places to plug in cars

By: Bloomberg     15th February 2019 Even in the biggest electric vehicle markets, a driver venturing too far from home can have a hard time finding a place to recharge. Try your luck on California’s Pacific Coast Highway. The roughly 600-mile route between San Diego and San Francisco has dramatic sea cliffs, off-the-grid retreats,... 

Banks urge Ramaphosa to put politics aside in fixing State firms  

By: Bloomberg     15th February 2019 A lobby group representing South African banks urged President Cyril Ramaphosa to prioritise the country’s wider interests rather than securing votes for the ruling African National Congress if he is to boost confidence in the economy before May elections. Ramaphosa’s plan to split its troubled... 

Tanzania hydropower dam to cost more than double government estimate – study

By: Reuters     15th February 2019 Tanzania's Stiegler's Gorge Dam, due to be built on a Unesco World Heritage site, will cost more than double the government's estimates, an independent study showed on Thursday. In December, Tanzania signed a deal with two Egyptian companies, El Sewedy Electric Co and Arab Contractors, to build... 

Fortune says Whati all-season road construction to start this year

By: Creamer Media Reporter      15th February 2019 The Northwest Territories government has signed an agreement with North Star Infrastructure to construct the Tlicho all-season road to the community of Whati, 50 km south of TSX-listed Fortune Minerals’ proposed Nico cobalt/gold/bismuth/copper mine. As part of its proposed development, Fortune... 

Load-shedding 'not likely' on Friday – Eskom

By: African News Agency      15th February 2019 Eskom was not likely to implement load shedding on Friday, the power utility said. "Due to further improvement in generation performance and the notable strides made in replenishing water and diesel reserves, Eskom is not likely to implement load shedding on Friday. We thank South Africans and... 

Energy capacity shortfalls stunting Africa’s industrialisation efforts

By: Paige Müller     15th February 2019 Insurance company the Export Credit Insurance Corporation of South Africa (ECIC) says there are significant shortfalls and backlogs in Africa’s installed energy capacity, which is stunting the continent’s efforts to industrialise and expand its local economies. ECIC COO Mandisi Nkuhlu stresses... 

Renewable grids present investment opportunity

By: Paige Müller     15th February 2019 The recent trend towards the development of renewable energy, including those based on smart grids and microgrids in Africa, has encouraged the establishment of a new renewable energy equity fund. With the Africa Energy Indaba set to take place from February 19 to 20 at the Sandton Convention... 

Renewables ensure cleaner national energy

By: Paige Müller     15th February 2019 The wide-scale adoption of renewable energy projects throughout South Africa will result in a more cost-effective and cleaner national energy supply, says renewable-energy development and management company G7 Renewable Energies. “About 20 years ago, the renewables debate was about environmental... 

Listen to the customer?

By: Terence Creamer     15th February 2019 One of the most hotly contested technical points debated during the National Energy Regulator of South Africa’s (Nersa’s) nationwide hearings into Eskom’s application for allowable revenue of R863-billion for the coming three-year period related to the elasticity of electricity demand. Eskom is... 

As renewables soar, BP sees China hitting brakes on energy growth

By: Reuters     14th February 2019 Global demand for renewable power will soar at an unprecedented pace over the coming decades, BP said in a benchmark report on Thursday, while China’s energy growth is seen sharply decelerating as its economic expansion slows. Still, China is set to remain the largest energy consumer by a long... 

Ramaphosa promises to correct lack of consultation with labour on Eskom unbundling 

By: Terence Creamer     14th February 2019 President Cyril Ramaphosa acknowledged on Thursday that there had been insufficient consultation with labour on government’s plan to unbundle Eskom into three separate companies, but he also stressed that the proposed restructuring would not result in privatisation. In his response to the debate... 

South32 finalising preferred list of coal mine bidders 

By: Martin Creamer     14th February 2019 The complete preferred list of bidders for South32’s energy coal interests is still being finalised, South32 CEO Graham Kerr told Mining Weekly Online on Thursday, when he also provided three reasons why the company’s Australian manganese operations are doing better than its South African... 

KenGen to raise funds from the market this year, eyes green bond

By: Reuters     14th February 2019 The Kenya Electricity Generating Company plans to raise funds from the market later this year and it may opt to issue the country's first green bond, its chief executive said. KenGen has a 1 631 MW annual capacity and it supplies 70% of the East African nation's electricity. Private investors... 

2019 Budget will present South Africa with ‘a path of hope’ – PwC 

By: Simone Liedtke     13th February 2019 With Finance Minister Tito Mboweni scheduled to deliver the 2019 Budget Speech, in Cape Town, on February 20, expectations are high as the country waits to hear how he plans to balance competing expenditure priorities to stimulate economic growth, in spite of fiscal consolidation measures. In the... 

Gordhan: Those responsible for Eskom's failures may soon be in 'orange uniforms'

By: News24Wire      13th February 2019 Public Enterprises Minister Pravin Gordhan has said that government plans to hold those responsible for Eskom's failures to account. Gordhan said there would be litigation against those responsible for the poor design of Medupi and also suggested that, in terms of corruption, some people might... 

Eskom grid upkeep increasingly problematic – DRDGold  

By: Martin Creamer     13th February 2019 The quality of maintenance of the Eskom distribution infrastructure is becoming increasingly problematic, DRDGold CEO Niël Pretorius said on Wednesday. At the company's presentation of power-hit interim results for the six months to December 31, Pretorius said that although DRDGold's own power... 

Eskom and the multi-billion rand mega projects that could have saved SA 

By: News24Wire      13th February 2019 Corruption and State capture are major reasons why coal plants Medupi and Kusile are not delivering electricity as planned and why South Africa is facing crippling blackouts, say energy experts. Kusile and Medupi, the third and fourth largest coal power plants in the world, were originally due to... 

Eskom to implement Stage 3 load shedding

By: African News Agency      13th February 2019 Eskom will implement Stage 3 load shedding on Wednesday from 8am to 11pm as a result of a shortage of capacity, the power utility said. The shortage was a result of a number of generating units that are out of service due to breakdowns, it said. 

Battle lines drawn as opposition parties contest Ramaphosa’s Eskom unbundling plan  

By: Terence Creamer     12th February 2019 The future structure of South Africa’s debt-laden electricity producer Eskom emerged as the central topic during the debate on President Cyril Ramaphosa’s February 7 State of the Nation Address (SONA), in which he announced that the utility would be split, under Eskom Holdings, into three... 

Harmony cuts energy consumption, ushering in solar, mulling biofuels  

By: Martin Creamer     12th February 2019 Gold mining and exploration company Harmony Gold is intensifying its efforts to cut electricity consumption to a minimum while also looking at introducing solar power and biofuel energy. CEO Peter Steenkamp said on Tuesday when the company issued its half-year results that Eskom’s problems could... 

Opinion: Are there really more jobs in coal than in renewables? 

By: Tobias Bischof-Niemz     12th February 2019 There is considerable support in South Africa for the notion that a transition in the electricity system from coal to renewable energy will trigger a jobs bloodbath at both Eskom and the Mpumalanga coal mines. A detailed analysis of the job numbers, however, suggests quite the opposite. In fact,... 

First US coal plant in years opens where no options exist

By: Bloomberg     11th February 2019 One way to boost coal in the US: Find a spot near a mine with no access to oil or natural gas pipelines, where it’s not particularly windy and it’s dark much of the year. That’s how the first coal-fired plant to open in the US since 2015 bucked the trend in an industry that’s seen scores of... 

New statistics point to renewables playing a role in load-shedding mitigation  

By: Terence Creamer     11th February 2019 Newly released statistics on the performance of South Africa’s small, but expanding, renewable-energy fleet point to a positive contribution from the country’s wind and solar plants during those hours towards the end of 2018 when Eskom resorted to load-shedding. Compiled by the Council for... 

Agri SA warns of negative impact of load-shedding on agriculture

By: Tasneem Bulbulia     11th February 2019 Agri SA has noted its concerns about the potential negative impact of load-shedding on the agricultural sector and the broader value chain. In a statement on Monday, the company highlighted that electricity is an important input cost for many farmers, especially farmers that depend on irrigation. 

Industry shares sentiments on Eskom, energy landscape following SoNA 

By: Marleny Arnoldi     8th February 2019 Following President Cyril Ramaphosa’s State of the Nation Address (SoNA) on Thursday evening, Business Unity South Africa (Busa) said it concurred on the urgent need to implement an effective turnaround strategy at Eskom.  The organisation also welcomed the general thrust of policies mapped out... 

Ethiopia moving to scale up investments in solar

By: John Muchira     8th February 2019 Ethiopia is scaling up investments in solar energy after unveiling six projects that will have a capacity to generate 750 MW.   As part of its ambitions to become a net exporter of electricity, the Horn of Africa nation said the six projects estimated to cost $800-million will be implemented... 

Denel urges govt to use, support its new cybersecurity unit

By: Rebecca Campbell     8th February 2019 State-owned defence industrial group Denel has urged the Government to support the development of and make use of the capabilities of the group’s recently established division, Denel Sovereign Security Solutions (Denel S3). The aim is to ensure that cyber security for Government information and... 

Hydrogen fuel cell power plant, South Korea

By: Sheila Barradas     8th February 2019 Hanwha Energy is building a fuel cell power plant, which will be the first in the world to be powered solely by hydrogen that is extracted as a by-product from petrochemicals production.  

Ramaphosa promises ‘meaningful consultation’ as he confirms split of Eskom into three units 

By: Terence Creamer     7th February 2019 President Cyril Ramaphosa confirmed on Thursday that South Africa’s embattled State-owned electricity producer would be split, under Eskom Holdings, into three separate entities – generation, transmission and distribution – in an effort to bring credibility to the turnaround of the utility and to... 

Sort out Eskom or beneficiation will suffer, warns Mantashe

By: Kim Cloete     7th February 2019 Mineral Resources Minister Gwede Mantashe has expressed concern about progress in beneficiating minerals, while Eskom is still battling. “If we don’t sort out Eskom problems, we are going to be in trouble with beneficiation. There must be an arrangement for certain categories of customers for an... 

Sebenza substation officially opened

By: Tasneem Bulbulia     7th February 2019 City Power on Thursday officially launched the newly-built Sebenza 400 kV – 275/132 kV intake substation, built and project managed by Consolidated Power Projects (Conco) on behalf of City Power. The ribbon cutting marking the opening was undertaken by Johannesburg Mayor Herman Mashaba and City... 

Steel group to approach Nersa for power-tariff relief  

By: Terence Creamer     7th February 2019 Steel producer ArcelorMittal South Africa (AMSA) says it will submit site-specific applications to the National Energy Regulator of South Africa (Nersa) to secure tariff relief from Eskom for its operations in Gauteng, KwaZulu-Natal and the Western Cape. The submissions will be made in line with... 

AMSA reports first profit since 2010 on back of higher steel prices  

By: Terence Creamer     7th February 2019 Following years of sustained losses, steel producer ArcelorMittal South Africa (AMSA) reported a full-year profit in 2018, on the back of a 12% rise in average realised prices and a 5% increase in sales volumes, supported by a 21% rise in export sales. The company last reported a full-year profit... 

Working together can deliver mining’s massive benefits – Friedland 

By: Martin Creamer     6th February 2019 Mining can and will deliver massive benefits if all stakeholders work together, Ivanhoe Mines executive co-chairperson and founder Robert Friedland said on Wednesday Speaking on the third day of the Investing in African Mining Indaba, he outlined the huge potential of collaborative government,... 

Minerals Council welcomes President’s statements at Mining Indaba

By: Tasneem Bulbulia     6th February 2019 The Minerals Council South Africa has welcomed the statements made by President Cyril Ramaphosa during his address at the Investing in African Mining Indaba, in Cape Town, on Tuesday. The Minerals Council said the President had, throughout his address, echoed the sentiments expressed by Mineral... 

Sanedi ready to support the mining industry in energy efficiency

By: Kim Cloete     6th February 2019 The mining sector has been encouraged to use more renewable energy and tighten up on energy efficiency, with the support of the South African National Energy Development Institute (Sanedi). Energy Minister Jeff Radebe said the mining industry would need innovative and novel solutions to reduce... 

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