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Articles in category: Utilities
Power parastatal Eskom has signed a contract that will see the replacement of steam generators at the Koeberg nuclear power plant, it confirmed.
“Eskom is pleased to announce that the contract between it and Areva NP was signed on Friday,” said Eskom on Saturday.
The signing of the contract comes as Westinghouse Electric, a manufacturing company, withdrew its high court application to interdict Eskom. Westinghouse had filed an urgent application to the court in order to see documentation relating to Eskom’s awarding of the R4 billion tender.
While the Department of Energy (DoE) has indicated that standard documents would be developed to reduce transaction costs related to bidding for the small projects Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), local advisory firm Infrastream director Grant Berndsen has urged prequalified bidders not to delay their preparation for the first Stage 2 submission in anticipation of these documents being released.(Read Full Article)
THE government hopes to contain electricity tariff increases to a maximum of 12% over the next four years in an effort to balance Eskom’s financial sustainability with the potential damage of higher tariffs to the economy.
The recommendation is believed to be part of a package of measures put forward to the Cabinet by an interministerial task team charged with finding a solution to Eskom’s financial crisis, according to several participants in the process.
Eskom faces a revenue shortfall of R225bn, which must be met through a combination of increased tariffs, savings and cash, most likely in the ...(Read Full Article)
Eskom acting CEO Collin Matjila on Wednesday told MPs there had been no bias in the tender process that led to French company Areva securing the contract to replace six steam generators at the Koeberg nuclear power plant.
"We believe the process was beyond reproach," Matjila told members of Parliament's economic development and energy portfolio committees.(Read Full Article)
ESKOM, under newly appointed CEO Tshediso Matona — currently the director-general of the Department of Public Enterprises — will be more tightly controlled by the department in future.
Not only will Mr Matona want to improve on what he says was Eskom’s failure to account properly, but he will have to ensure that the utility complies with a proposed bill that the department is working on.
The Government Shareholder Management Bill, which the department hopes to submit to Parliament by the end of the fiscal year, will set the legislative framework in which all state-owned companies will have to function.(Read Full Article)
THE Cabinet decided on Wednesday to appoint Department of Public Enterprises director-general Tshediso Matona as the new CEO of Eskom.
Mr Matona will take up his new position from September 1. Eskom has been under the stewardship of acting CEO Collin Matjila since April.
In making the announcement, Public Enterprises Minister Lynne Brown said she had “absolute faith” in Mr Matona who brought with him a wealth of experience and was conversant with the challenges facing Eskom.(Read Full Article)
France’s Areva won a contract to replace six steam generators at South Africa’s Koeberg nuclear power plant, state utility Eskom said on Saturday.
The refit is part of a programme to install up to 9,600 megawatts of new nuclear power by 2030, as Africa’s largest economy tries to overcome chronic electricity shortages and slow greenhouse gas emissions.
The vast majority of South Africa’s electricity is generated from coal and the government is struggling to ensure that supply stays a step ahead of growing demand.(Read Full Article)
ESKOM has put in place short-term measures to limit the effects of the disruption the labour strike in the metal and engineering sector has caused to the construction of its Medupi power station.
But the power utility expressed concern on Wednesday that if the three-week-old industrial action persisted it could delay the completion date.
The commissioning of Medupi, already postponed several times over several years, is critical to easing power supply constraints that have held back South Africa’s economic growth and caused periodic load-shedding.(Read Full Article)
France will be making a sound investment by taking a stake in Alstom, its chief executive said on Monday, adding however that the government would be buying in too late to have a say in the use of proceeds from its tie-up with General Electric.
France won an option to buy 20 percent of Alstom from conglomerate Bouygues on Sunday, in an eleventh-hour deal clearing the way for the agreed sale of most of Alstom's energy business to GE.(Read Full Article)
Thirteen municipalities, including three metros, want to hike their electricity prices above the nationally recommended increase.
The National Energy Regulator (Nersa) was to hold public hearings today in Pretoria on the applications. The nationally recommended electricity price increase for municipalities is 7.39 percent.
This is the guideline price increase set by Nersa, and it’s the overall increase for each municipality, so within that, some municipal customers may be charged greater increases and others less(Read Full Article)
Business leaders surveyed by AT Kearney, the global management consultancy, have more confidence in South Africa as an investment destination than they do in many western European countries and emerging powerhouses like Chile and Malaysia.
One reason is Pretoria's much lauded renewable energy program which in the view of London-based risk analysts IHS has made South Africa "the world's most attractive country for solar energy" investment. Since late last year, a growing parade of solar and wind power projects has begun feeding hundreds of badly needed megawatts into South Africa's national grid.(Read Full Article)
Eskom’s senior executives will not take their annual bonuses for the financial year 2013/14 in light of the R225-billion revenue shortfall experienced over the five-year period between 2013 and 2018.
The Interim Chief Executive, Mr Collin Matjila says, “The top executives at Eskom have acknowledged the financial constraints by agreeing to forgo their annual performance bonuses this year as one of the efforts to cut costs.(Read Full Article)
Widespread surprise, mixed with a good deal of concern, greeted news of Tina Joemat-Petterssen’s appointment as South Africa’s new Energy Minister – she replaces Dikobe Ben Martins, who himself only took up the position from Dipuo Peters following a Cabinet reshuffle in July last year.(Read Full Article)
A South African solar energy atlas is in the process of being developed to further stimulate the deployment of both solar photovoltaic (PV) and solar thermal technology solutions in the sun-rich country. Science and Technology Deputy Minister Michael Masutha reported this week that the South African Weather Services was in the process of establishing 12 solar radiation stations across the country, with six already operational.(Read Full Article)
The fact that Eskom had been granted half the tariff hike it had anticipated had had a “dire” impact on the power utility, as it had been forced to delay projects and lay off some staff, a senior company official said yesterday.
Projects that could be delayed without affecting Eskom’s quality of supply, such as automation of certain processes to improve cost efficiency, had been put on the back burner, Mongezi Ntsokolo, Eskom’s transmission executive, said at African Utility Week in Cape Town.(Read Full Article)
Alstom on Wednesday said it was considering a binding offer from General Electric (GE) to acquire its energy assets, leaving the France-headquartered company to expand its transport sector activities. The deal, representing an equity value of €12.35-billion and an enterprise value of €11.4-billion, comprised the Alstom’s thermal, renewable and grid power sectors, as well as its related corporate and shared services.(Read Full Article)
South Africa may have difficulty in financing new nuclear power plants (NPPs), an Academy of Science of South Africa symposium in Pretoria has been warned. The concern was expressed by University of Cape Town Energy Research Centre director Professor Harald Winkler.(Read Full Article)
State logistics group Transnet has applied for a licence to generate electricity, and plans to regenerate 38MW by 2017, mostly using the technology of its new locomotives.
Transnet, a member of the Energy Intensive Users Group, will need as much as 66% more energy than its present consumption to implement its R300bn port, rail and pipeline expansion plans.
Eskom is struggling to meet growing electricity demand and it is urging its major customers to cut consumption. Transnet Freight Rail applied to the National Energy Regulator of South Africa (Nersa) for a power-producer licence in November 2012.(Read Full Article)
Energy Minister Dikobe Ben Martins confirmed on Monday that the long awaited cogeneration and coal independent power producer (IPP) procurement programmes would be initiated in April and May respectively. In addition, in something of a surprise move, the Minister announced that further renewable-energy projects would be added to the list of 17 preferred projects selected in November, following the third bid window under the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).(Read Full Article)
President Jacob Zuma on Friday launched the more than R12.45-billion Mzimvubu water project, which would include the building of the Ntabelanga and Laleni dams, in the Eastern Cape.
The Ntabelanga dam, which would store about 490-million cubic meters of water, would be used for domestic and agricultural water supply requirements, while the Laleni dam would be used for hydropower generation.(Read Full Article)
Outgoing Eskom CEO Brian Dames reported on Tuesday that the utility was considering restarting some of the energy-saving programmes that were suspended in late 2013 as a result of funding constraints. Speaking at a briefing hosted by the South African Chamber of Commerce and Industry, Dames said he had requested the integrated demand management (IDM) unit to prepare a proposal for board for approval.(Read Full Article)
Africa’s energy sector has long been working to widen energy access to unlock the continent’s vast potential. Energy access remains a critical priority for this dynamic region.
Africa’s energy sector has long been working to widen energy access to unlock the continent’s vast potential. Energy access remains a critical priority for this dynamic region.(Read Full Article)
Eskom confirmed on Friday that it had decided to extend “at risk” short-term electricity purchases from independent power producers (IPPs) and municipal generators to the end of May, despite not having received regulatory approval to do so. However, it was still in discussions with government about securing the necessary financial resources to continue with the contracts after May.(Read Full Article)
The Waterberg Coal Joint Venture Partners (WCJVP) have delivered a feasibility study into the development of a ten-million-tonne-a year opencast coal operation, in Limpopo, to prospective offtake partner Eskom. This followed the cementing of a memorandum of understanding between the Waterberg joint venture (JV) and Eskom for a proposed coal supply agreement (CSA), which would see the envisaged mining operation delivering product to the coal-dependant parastatal for an initial 30-year term.(Read Full Article)