R/€ = 16.45 Change: -0.04
R/$ = 13.88 Change: 0.09
Au 1291.99 $/oz Change: 1.03
Pt 935.50 $/oz Change: -3.50


Alberta creates C$40m worker support fund as coal phase-out deadlines loom

By: Henry Lazenby     11th November 2017 The Alberta provincial government has announced a C$40-million worker transition fund to provide income support for employees transitioning from working in the fossil-fuel-rich Western Canadian province’s thermal coal mines and coal-fired power plants, to new jobs or retirement. The new Coal... 

Australian govt strikes deal with gas exporters on domestic supply

By: Esmarie Swanepoel     28th September 2017 Australia’s three largest gas exporters, Shell, Origin Energy and Santos, have struck a deal with the federal government to supply the expected gas shortfall in 2018. The Australian Competition and Consumer Commission (ACCC) and the Australia Energy Market Operator (AEMO) have both warned of... 

Southern African Power Pool could learn from Nordic countries’ approach to energy market

By: Natasha Odendaal     13th September 2017 Southern Africa can take heed of the success of the Nordic region’s achievement of energy security through successful cross-border trade and integration, its integrated markets and other critical elements of the Nord Power Pool. This is the message that emerged from the first day of the three-day... 

Elon Musk exposes deep coal divide in energy-hit Australia

By: Bloomberg     14th July 2017 Elon Musk’s intervention in Australia’s energy crisis is widening a divide over the future of coal. The billionaire Tesla Inc. founder, who has promised to help solve an Australian state’s clean energy obstacles, sees no place for the fossil fuel. That conflicts with the national government’s... 

QRC wants states that buckle under activist pressure penalised

By: Esmarie Swanepoel     5th July 2017 The Queensland Resources Council (QRC) has called on the Australian government to penalise states that do not develop resources because of pressure from foreign-funded green activists. Speaking at the Queensland Media Club, QRC CEO Ian Macfarlane noted that both Queensland and Western Australia... 

Finkel's electricity market report recommends more gas

By: Esmarie Swanepoel     9th June 2017 The Australian Petroleum Production & Exploration Association (Appea) has welcomed the release of the final report of the independent review into the Future Security of the National Electricity Market. Australia’s Chief Scientist Dr Alan Finkel on Friday unveiled a blueprint to optimise the... 

Need for businesses to become energy efficient

     9th June 2017 According to the International Energy Agency, many companies are using up to 100% more energy than they would if they were best practice energy efficient businesses, says provider of efficient solutions for reducing energy costs and carbon emissions Ensight Energy Solutions CEO Francis Barram. 

Coal industry expresses ‘serious concern’ about Australia’s electricity market review

By: Mariaan Webb     5th June 2017 The Australian coal industry has expressed “serious concern” about reports that the Finkel review of the national electricity market has turned its back on coal-fired electricity, in favour of renewable energy. Minerals Council of Australia CEO Brendan Pearson said on Monday that the country... 

Renewable Energy Holdings signs private power supply contract

By: Megan van Wyngaardt     29th May 2017 Bethlehem Hydro, an independent power producer (IPP) and subsidiary of Renewable Energy Holdings (REH), has entered into a contract under which the full output from its 4 MW Merino hydropower plant, near Clarens, in the Free State, will be sold to electricity trader PowerX. REH and Bethlehem... 

Liquid metal battery inventor questions lithium-ion as grid-scale storage solution 

By: Terence Creamer     29th March 2017 Liquid metal battery inventor Professor Donald Sadoway, of the Massachusetts Institute of Technology, believes the technology has the potential to provide the “missing piece” in an electricity market that relies on “redundancy and overcapacity” to balance supply and demand – a feature that will... 

Turnbull, east coast gas providers agree plan to ensure cheaper, reliable energy

By: Esmarie Swanepoel     16th March 2017 Prime Minister Malcolm Turnbull has met with east coast gas providers to formulate a plan to help deliver cheaper and more reliable energy. A series of measures have been developed and all participants have agreed to ongoing work to deliver on the targets that have been set out. 

AMSA keen to tap power tariff deal as Eskom mulls ‘incentive pricing’  

By: Terence Creamer     10th February 2017 Steel producer ArcelorMittal South Africa (AMSA) is optimistic that Eskom, with the support of the energy regulatory, could extend pricing incentives to it and other energy-intensive businesses in light of its surplus position and government’s appeal for interventions to reignite growth in the... 

Brown says current power build ‘trajectory’ may be detrimental to consumers 

By: Terence Creamer     30th November 2016 Public Enterprises Lynne Brown says that South Africa is currently adding electricity capacity to the grid at rate higher than what is required and argues that the “current trajectory” could be detrimental to consumers. She asserts, therefore, that it is “critical that the Integrated Resource... 

Fast-developing Asian nations to underpin coal demand

By: Esmarie Swanepoel     17th November 2016 Strong economic development in South East Asia and India will underpin global coal demand, which is set to return to 2014 levels in the next four years, paving the way for Australia to increase its share of global trade. Citing the World Energy Outlook (WEO) 2016 report by the International... 

Building Energy to take part in the 2016 South Africa – Italy Summit 

     17th October 2016 Fabrizio Zago, CEO of Building Energy, will illustrate the opportunities in the electricity market during a debate on how to cooperate in the energy sector to overcome the challenges of the future Building Energy, multinational company operating as Global Integrated IPP in the Renewable Energy... 

Appea says S Australia blackout shows importance of gas in energy mix

By: Esmarie Swanepoel     5th October 2016 The Australian Petroleum Production and Exploration Association (Appea) has claimed a win for the role of natural gas in South Australia’s power sector, citing a new report by the Australian Energy Market Operator (AEMO). The preliminary report into last week’s state-wide blackout – brought on by... 

Turnbull steps up attack on renewables after South Australia blackout

By: Bloomberg     29th September 2016 Australia’s Prime Minister Malcolm Turnbull stepped up his government’s attack on renewable energy by seizing on a storm-driven blackout in the mainland state that’s most reliant on wind and solar generation. South Australia, which draws 41% of its energy from renewable energy, is working to... 

Capital follows certainty, Cennergi warns amid IPP flux 

By: Terence Creamer     8th September 2016 South African independent power producer (IPP) Cennergi, which is a joint venture between Exxaro and Tata Power, warns of possible investor “flight” unless the prevailing uncertainty surrounding the future of IPPs in South Africa is urgently resolved. Speaking to Engineering News Online ahead of... 

Eskom letter sends shock waves through private power sector 

By: Terence Creamer     21st July 2016 News of Eskom’s letter to Energy Minister Tina Joemat-Pettersson – seeking clarity on the approach the utility should take to contracting in future with independent power producers (IPPs) – sent shock waves through the private power community, which is only just starting to find its feet in a... 

Temporary power plants an immediate solution to energy challenges

     8th July 2016 Temporary power plants represent an immediate, reliable, scalable and cost-efficient solution to Southern Africa’s power concerns, says large-scale power solutions provider Altaaqa Global Cat Rental Power marketing manager Robert Bagatsing. 

Increased demand for air pollution control in power industry

     8th July 2016 Increasing pressure on manufacturers in South Africa to reduce their environmental impact has seen a strong demand for mining and bulk handling equipment supplier Tenova Takraf Africa’s air pollution control technology from the power generation industry. 

Victorian miners face higher royalty rates

By: Esmarie Swanepoel     26th April 2016 The Minerals Council of Australia (MCA) on Tuesday lashed out at the Victorian state government over a three-fold increase on royalties paid by the brown coal industry. State Treasurer Tim Pallas over the weekend revealed the new royalty rate, which would be detailed in the state budget this... 

Potential impact of COP 21 resolutions on coal, uranium ‘remains contested’

By: Ilan Solomons     24th March 2016 The reality is that countries will not “ditch” fossil fuels until clean energy alternatives are viable, states diversified active asset manager Allianz Global Investors environmental, social and corporate governance analyst Robbie Miles. “Electricity generation, the largest source of emissions,... 

World-class smart metering competences move closer to Turkey’s utilities

     25th January 2016 The demand for intelligent solutions for running a better and more efficient supply business is growing in Turkey. Now one of the world’s leading suppliers of smart metering solutions, Danish Kamstrup, opens a new local subsidiary in Istanbul to provide better support and to be closer to their... 

Going gas?

By: Terence Creamer     27th November 2015 Despite the absence of the long awaited Gas Utilisation Master Plan, or Gump, South Africans are nevertheless starting to seriously weigh the future gas options, with a strategic environmental assessment for shale gas development under way and with strong interest having reportedly been recorded... 

Eskom must find way of becoming part of renewables ‘in a big way’ 

By: Terence Creamer     19th November 2015 A senior Eskom official has made the case for the utility playing a more active role in deployment of large- and small-scale renewable-energy solutions in South Africa, suggesting that previous arguments against its participation in the sector were becoming less relevant. In fact, Barry MacColl,... 

Alcoa pulls the plug at Anglesea

By: Esmarie Swanepoel     12th May 2015 The Anglesea coal mine and power station is expected to close at the end of August, after owner Alcoa Australia was unable to secure a buyer for the site. The Anglesea power station previously supplied about 40% of the power needs for the Point Henry smelter, in Victoria. The Point Henry... 

FMF seeking implementation of 1998 electricity policy, establishment of 'energy market' 

By: Leandi Kolver     5th March 2014 The Free Market Foundation (FMF) is seeking council in an attempt to mandate government to implement the 1998 White Paper on Energy Policy, which had been adopted under Section 198 of the Constitution, FMF executive director Leon Louw said on Wednesday. During a media briefing, following the... 

Draft energy plan says nuclear decision can be delayed in light of demand slump

By: Terence Creamer     13th December 2013 The Department of Energy (DoE) has called for public comment on an updated version of the Integrated Resource Plan (IRP) 2010-2030, in which a materially lower demand outlook is projected over the 20-year horizon. In fact, the update anticipates that 6 600 MW less capacity will be required by... 

IRP update cuts demand outlook, suggests nuclear decision be delayed 

By: Terence Creamer     3rd December 2013 The Department of Energy (DoE) has called for public comment on an updated version of the Integrated Resource Plan (IRP) 2010-2030, in which a materially lower demand outlook is projected over the 20-year horizon. In fact, the update anticipates that 6 600 MW less capacity will be required by... 

SA urged to create a competitive electricity market 

By: Joanne Taylor     5th June 2013 Solving South Africa’s power crisis will assist the country in achieving sustainable economic growth and help government deliver on its National Development Plan, Free Market Foundation director Eustace Davie said on Wednesday. He stated that the Department of Energy had to open doors and tweak... 

Adani publishes EIS for $10bn Qld coal mine

By: Esmarie Swanepoel     13th December 2012 The Queensland Resource Council (QRC) on Thursday welcomed the release of an environmental-impact statement (EIS) for the $10-billion Carmichael coal mine and rail project being developed by India’s Adani Mining. QRC CEO Michael Roche said that progress towards development of the Galilee basin... 

Ncondezi upbeat about Mozambique coal, power project

By: Megan van Wyngaardt     4th December 2012 Aim-listed Ncondezi CEO Nigel Walls is upbeat about prospects in Mozambique, where the company is developing an integrated coal mine and power project in the Tete province. He said on Tuesday that conditions were “very favourable”, pointing out that Mozambique was the fastest growing electricity... 

Company Announcement: : juwi Group Introduces Partnership With Austrian VERBUND AG

     27th August 2012 Austrian electricity provider already generates 90 percent of its power from renewable sources 

Space created for private sector in Morocco’s renewables push, consultancy says 

     6th April 2012 Surging demand and a strong need to reduce dependency on expensive coal and oil imports have motivated the recent development of the renewable energy sector in Morocco, creating considerable opportunities for private sector participation, says market research and analysis company Frost and... 


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