Eskom has made “key” progress in restructuring the operations of the business, with the power utility committed to meeting the “ambitious” unbundling target date of 2021.
Browsing: Energy and sustainability
Eskom CEO André de Ruyter said on Thursday the state power utility could become financially viable and do without government bailouts if it could more than halve its debt to R200-billion.
Cape Town said it could buy its own renewable energy within five to six years if it wins a court case against the government.
New power from wind and solar is set to fall this year for the first time in two decades due to factory closures, workers’ needs for social distancing and developers’ financial concerns.
Zimbabwe’s state power transmission company has invited bids for the construction of 500MW of solar power plants as part of a drive to increase its use of renewable energy and end power cuts.
Energy regulator Nersa said on Friday it will allow utility Eskom to recover R13.3-billion from customers for electricity supplied in the 2018/2019 financial year.
The City of Cape Town is awaiting a court ruling on whether it can buy its own electricity from suppliers other than national power utility Eskom without getting approval from the energy minister.
South Africa is drafting a plan to procure an additional 2.5GW of nuclear power capacity within the next five years, according to the department of mineral resources & energy.
This is bigger than the market havoc of the pandemic. The collapse in the cost of solar energy is just the beginning of an energy world with more and more moments of being better than too cheap to meter.
Eskom is seeking low-carbon solutions to repurpose the coal-fired stations that are scheduled for decommissioning, according to tender documents.