The price of diesel will jump again this week, adding further impetus to inflation, which is threatening to burst above the Reserve Bank’s 3-6% target range.
Browsing: Energy and sustainability
Karpowership said it’s committed to delivering what would be its biggest-ever project as activists mounted a fresh legal challenge against the company’s plans.
Outa is challenging the energy regulator’s decision to approve the construction of floating gas power stations in three South African ports.
South Africa’s efforts to wean itself off coal will require funding of more than R1-trillion by 2030, a top government official said on Tuesday.
Eskom has asked Karpowership to indemnify it against any adverse outcomes from corruption allegations in return for securing a supply contract.
After a week of debilitating rolling blackouts imposed by Eskom, President Cyril Ramaphosa has vowed to bring an end to load shedding.
The current debilitating bout of crippling load shedding will end at 10pm on Friday evening, Eskom said, even as the utility warned that the systems remains “severely constrained”.
Eskom said it remains on track to end load shedding by the weekend, and is hopeful that there won’t be any rolling power cuts next week.
Eskom CEO André de Ruyter has dismissed any suggestion that the South African power grid is in immediate danger of a total system blackout.
Eskom will later on Wednesday reduce to stage 3 the current bout of severe load shedding that is crippling South Africa’s economy.