Struggling state utility Eskom said on Tuesday that its board of directors would investigate an allegation of racism levelled against CEO André de Ruyter.
Browsing: Energy and sustainability
Elon Musk is getting into the Texas power market, with previously unrevealed construction of a gigantic battery connected to an ailing electric grid that nearly collapsed last month.
Promoted | With ever-escalating electricity prices and an unstable supply of power from the national energy utility, more and more South African consumers and businesses are looking to invest in solar. But what’s involved?
The price of petrol is set to increase by 65c/l as of Wednesday, the department of mineral resources & energy said.
Eskom bondholders are watching the latest round of rescue talks from a distance. Yields suggest they’re confident their money is safe, whether or not the discussions result in a sustainable solution for the utility’s debt.
Revego Africa Energy Fund, an investor in South African renewable projects, is looking to raise as much as R1.5-billion by April with the industry poised to grow.
Eskom is expected to complete its unbundling into three divisions by December 2022, according to national treasury.
Even with the 15.63% tariff hike to be implemented on 1 April, Eskom considers its electricity tariffs to be far from cost-reflective. Yet further big price hikes will mean alternative sources of energy become more viable.
South Africans are in for a hefty rise in the price of electricity, as energy regulator Nersa has agreed to Eskom increasing its tariff by over 15% for the 2021/2022 financial year.
A photograph in the entrance hall at Komati power station shows the plant in better times, its nine generating units belching steam and smoke into the night sky. Those days are never coming back.