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Terence Creamer

Terence Creamer

Terence Creamer is the Editor of Engineering News and a Deputy Editor for Mining Weekly. He also has editorial responsibility for Polity.org.za and Creamer Media's Research Channel Africa.

By Terence Creamer

National Treasury director-general Dr Duncan Pieterse

PPP reforms could avert need for prescribed-assets policy to increase private infrastructure investment – Pieterse

1st March 2024

National Treasury director-general Dr Duncan Pieterse says the reforms being proposed to facilitate greater private sector investment into infrastructure could obviate the need to introduce a... 


Wind, solar, batteries

Innovative 128 MW solar-wind-battery project achieves financial close

1st March 2024

The 128 MW Oya Energy hybrid project, which will combine variable renewables and batteries to produce dispatchable electricity daily between 5:00 and 21:30 for injection into South Africa’s... 


Electricity tariffs are currently determined using the MYPD methodology and involve various adjudication steps, including the public hearings pictured here

Not practical to implement new ‘black box’ tariff rules from 2025, Eskom insists

1st March 2024

Eskom says the Electricity Pricing Determination Rules (EPDR) approved by the National Energy Regulator of South Africa (Nersa) in December cannot be implemented for the 2025/26 financial year as... 


Powerlines

Former IPP Office head sees definite role for private sector in grid development but highlights need for consultation

1st March 2024

The former head of South Africa’s Independent Power Producer (IPP) Office, Karen Breytenbach, believes there is a compelling case for the injection of private sector investment to accelerate the... 


Photo of Terence Creamer

Full transparency

1st March 2024

The decision to drawdown R150-billion from the Gold and Foreign Exchange Contingency Reserve Account (GFECRA) to reduce government borrowings and surging debt-servicing costs was the major feature... 


Acting TFR CEO Russell Baatjies and Sasol CEO Fleetwood Grobler (seated at centre) sign the agreement, in front of their respective teams, including (standing from left to right) Mario Klaasen, Loven Naidoo, Bonginkosi Mabaso, Pierre Koch, Pierre Taljaard and Kevin Govender, with Ayanda Mokhesi seated to the left of Baatjies and Brad Griffith and David Mokomela seated to Grobler’s right

Cabinet and business praise Sasol and TFR for ‘first-of-its-kind’ partnership to repair 128 ammonia tankers

29th February 2024

Both Cabinet and organised business have lauded the five-year public-private partnership agreement between Sasol and Transnet Freight Rail (TFR), under which the energy and chemicals group will... 


TFR train

Business sees appointment of Phillips as key step in accelerating Transnet Recovery Plan

29th February 2024

Organised business says the appointment of a permanent executive team at Transnet – led by CEO Michelle Phillips, who has been acting in the role since September and who has been with the utility... 


TFR acting CEO Russell Baatjies and Sasol CEO Fleetwood Grobler sign the agreement, alongside their respective teams

Sasol to fund TFR’s maintenance of 128 ammonia tankers

28th February 2024

JSE-listed Sasol has signed a five-year public-private partnership (PPP) agreement with Transnet Freight Rail (TFR), under which the energy and chemicals group will fund the maintenance and repair... 


AECI CEO Holger Riemensperger

Amid disposals, AECI aligns internationalisation strategy to regions geared for rapid critical minerals growth

28th February 2024

JSE-listed AECI, which is undergoing far-reaching restructuring to re-focus on its core mining and chemicals businesses and reduce debt, reports strong initial interest in the six noncore companies... 


Lineworkers work on a high-voltage powerline

Settling on funding solutions for expedited grid infrastructure set as a Just Energy Transition Investment Plan priority

27th February 2024

Finalising funding solutions for the expedited expansion of South Africa’s electricity transmission grid has been identified as a key priority for the Just Energy Transition (JET) project... 


Sasol CEO Fleetwood Grobler

Sasol prioritising coal de-stoning investment as it seeks to allay fears over big Secunda output dip

26th February 2024

Energy and chemicals group Sasol has moved to address investor concerns that its yearly production at Secunda will need to fall to only 6.7-million tons for it to meet its goal of reducing the... 


Grid infrastrucuture

Ramokgopa says govt close to finalising structure for private grid financing

26th February 2024

Electricity Minister Kgosientsho Ramokgopa says all the work being done by government on the financial structure to facilitate private investment into the country’s transmission infrastructure is... 


Solar panels

Another 124 power plants registered with Nersa raising total to 1 087 since 2018

23rd February 2024

The National Energy Regulator of South Africa (Nersa) reports that a further 124 generation facilities were registered during the third quarter of its financial year from October to December,... 


ArcelorMittal South Africa CEO Kobus Verster

AMSA sees plausible pathway for salvaging longs unit, but ready to reverse closure deferral if urgent progress is not made

23rd February 2024

Steel producer ArcelorMittal South Africa (AMSA) has deferred the wind-down of its long-products business by six months amid widespread concern regarding the detrimental impact of the closure on... 


Power lines

Nersa makes far-reaching changes to tariff rules, but implementation timing uncertain

23rd February 2024

The National Energy Regulator of South Africa (Nersa) has approved far-reaching changes to the way electricity tariffs will be set in future, but it could still take some time before the rules are... 


Bunker fuels terminal to be developed on a brownfield site at the Port of Richards Bay

Preferred bidder for Richards Bay bunker fuels terminal named

23rd February 2024

Transnet National Ports Authority (TNPA) has appointed FFS Tank Terminal as the preferred bidder to develop and operate a liquid bulk terminal specialising in bunker fuels on a brownfield site at... 


Photo of Terence Creamer

Crunch time

23rd February 2024

The consequences of policy failure in electricity are so obvious there is no need to ventilate them again. Not so for gas, however, given that they are only visible to those manufacturers that have... 


Construction worker

Proposed reforms to PPP framework to accelerate infrastructure delivery welcomed

22nd February 2024

There has been positive, albeit cautious, reaction to the reforms announced by Finance Minister Enoch Godongwana to improve infrastructure financing and delivery and attract private sector... 


Eskom EAF trend

Eskom insists downward EAF slide has been ‘arrested’ amid Stage 4 loadshedding

22nd February 2024

Eskom insists the performance of its unreliable generation fleet is on an improving trajectory, releasing a graphic-heavy statement on February 22 disputing a recent report stating that its... 


Finance Minister Enoch Godongwana

Godongwana draws down R150bn from gold and forex account to reduce borrowings and debt-service costs

21st February 2024

Finance Minister Enoch Godongwana unveiled a far-reaching reform in relation to government’s treatment of the Gold and Foreign Exchange Contingency Reserve Account (GFECRA), which will result in... 


R4bn may be removed from Eskom debt-relief for failure to meet EFC sale deadline

R4bn may be removed from Eskom debt-relief for failure to meet EFC sale deadline

21st February 2024

The South African government is proposing to reduce its planned allocations to Eskom under a previously announced R254-billion debt-relief package by R2-billion a year for the 2023/24 and 2024/25... 


Power lines

RFP for private transmission investment to be launched in July

21st February 2024

The South African government will release a request for proposals (RFP) in the coming months seeking private sector investment into a pilot electricity grid infrastructure project. The National... 


Incoming Aveng CEO Scott Cummins

No immediate plan to list Aveng in Australia, but future listing likely amid change in reporting currency to Aussie dollar

20th February 2024

JSE-listed Aveng, which recently relocated is management epicentre to Australia and changed its reporting currency from South African rands to Australian dollars, has no immediate intention of... 


Roads

Dispute over 5km road could highlight far bigger roadbuilding problem for Gauteng

20th February 2024

A legal dispute over the granting of an environmental authorisation for a 5-km new road, the K148, in southern Gauteng has the potential to highlight serious legal impediments to the development of... 


President Cyril Ramaphosa

New fund to mobilise public and private funding to climate-proof existing essential infrastructure

19th February 2024

President Cyril Ramaphosa has provided some additional background to the Climate Change Response Fund, the formation of which he announced in his recent State of the Nation Address. Writing in his... 


Forestry, Fisheries and the Environment Minister Barbara Creecy

Climate Change Response Fund to channel resources to adaptation, early-warning systems – Creecy

16th February 2024

Forestry, Fisheries and the Environment Minister Barbara Creecy reports that the Climate Change Response Fund announced by President Cyril Ramaphosa in his State of the Nation Address (SoNA) has... 


Eskom Distribution MD Monde Bala

Eskom backs Necom-level consultation on use of electricity tokens to upscale virtual wheeling

16th February 2024

Eskom Distribution MD Monde Bala has signalled the utility’s willingness to consider the integration of an Electricity Credit Token (ECT) financial instrument to accelerate the implementation of a... 


Wind farm

Impact of curtailment on BW7 under discussion

16th February 2024

The Independent Power Producer Office (IPPO) reports that it is engaging with Eskom on its newly released curtailment addendum to the latest Generation Connection Capacity Assessment (GCCA 2025) –... 


Artist impression of a green hydrogen facility

SA green hydrogen developers urged to bid for €270m German grant funding

16th February 2024

South African developers of mature green hydrogen or derivatives projects are potentially eligible for nonrefundable grant funding being extended under Germany’s €270-million Power-to-X (PtX)... 


Photo of Terence Creamer

Reform momentum

16th February 2024

From an economic perspective, the most important signal provided by President Cyril Ramaphosa in his State of the Nation Address was that the reform agenda remains in place, and that it will be... 


President Cyril Ramaphosa

Ramaphosa promises ‘completely transformed energy landscape’ as he admits to loadshedding’s ‘devastating impact’

15th February 2024

President Cyril Ramaphosa acknowledged the “devastating impact” of almost daily loadshedding on the economy and the lives of South Africans but insisted in a speech made in response to the debate... 


Powerlines

Former IPP Office head now sees definite role for private sector in grid development

15th February 2024

The former head of South Africa’s Independent Power Producer (IPP) Office, Karen Breytenbach, believes there is a compelling case for the injection of private sector investment to accelerate the... 


Wind, solar, batteries

Innovative 128 MW solar-wind-battery project achieves financial close

14th February 2024

The 128 MW Oya Energy hybrid project, which will combine variable renewables and batteries to produce dispatchable electricity daily between 5:00 and 21:30 for injection into South Africa’s... 


Sasol's gas processing facility and pipeline

Gas users call for urgent policy and infrastructure decisions to avert 2026 ‘day zero’

13th February 2024

The Industrial Gas Users Association – Southern Africa (IGUA-SA) is warning of a gas supply ‘day zero’ for several large and small manufacturing enterprises and says that urgent decisions will be... 


SAWEA CEO Niveshen Govender

IRP deadline extension an opportunity for more renewables ambition in line with SoNA vision - SAWEA

12th February 2024

The recent extension of the deadline for responses to the draft Integrated Resource Plan 2023 (IRP 2023) presents an opportunity to incorporate the vision presented by President Cyril Ramaphosa in... 


Electricity tariffs are currently determined using the MYPD methodology and involve various adjudication steps, including the public hearings pictured here

Not practical to implement new ‘black box’ tariff rules from 2025, Eskom insists

12th February 2024

Eskom says the Electricity Pricing Determination Rules (EPDR) approved by the National Energy Regulator of South Africa (Nersa) in December cannot be implemented for the 2025/26 financial year as... 


Electricity Minister Kgosientsho Ramokgopa

Ramokgopa denies President’s pre-Stage 6 SoNA assertions caused embarrassment and insists loadshedding ‘corner has been turned’

11th February 2024

Electricity Minister Kgosientsho Ramokgopa has move to defend the statement made by President Cyril Ramaphosa in his State of the Nation Address (SoNA) on Thursday night that “the end of... 


Energy Vault, consortium enter licensing  deal for gravity storage solution

Energy Vault, consortium enter licensing deal for gravity storage solution

9th February 2024

Grid-scale energy storage solutions company Energy Vault has signed a licensing and royalty agreement with a South African consortium, established with the aim of deploying the NYSE-listed... 


A road fright truck on the N3 corridor

Dedicated freight lanes and restricted truck operating hours mooted in draft plan to shift cargo back to rail

9th February 2024

The Department of Transport (DoT) is canvasing as series of interventions aimed at attracting freight back to South Africa’s struggling rail system from road, which has emerged as the country’s... 


Power line and substation

Independent transmission project office to be set up to procure new grid using ‘build, operate, transfer’ model

9th February 2024

Electricity Minister Kgosientsho Ramokgopa reports that government plans to establish an independent transmission project office, located either at the Development Bank of Southern Africa (DBSA) or... 


Photo of Terence Creamer

Worrying outlier

9th February 2024

The International Energy Agency’s (IEA’s) most recent report on the electricity sector includes a troubling section on Africa’s recent underperformance in this regard. In the section, the authors... 


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