The money Eskom is hoping to claw back from the National Energy Regulator of South Africa (Nersa), in an effort to plug its revenue shortfalls, could potentially mean as much as a 9% increase in electricity tariffs if it is approved. But the regulator has warned that any increase would be carefully weighed
Browsing: Chris Yelland
The gap left by Eskom’s erstwhile finance director and head of capital projects, Paul O’Flaherty, looms large as the utility struggles over delays at its Medupi power station amid massive power constraints on the country. Despite his resignation, which was only officially announced in November but
Google’s planned US$12m (R120m) investment in a US$260m solar photovoltaic (PV) power plant near Kimberley in the Northern Cape is simply a sound investment decision and will generate good publicity for the cash-rich online giant, according to industry analysts. On Thursday, Google announced that
Both Eskom CEO Brian Dames and public enterprises minister Malusi Gigaba may have shied away from saying that load shedding is on its way, but analysts and people working in the industry believe it is a very real possibility, given that our electricity system is running with almost no reserves
By May this year, Eskom will have paid businesses at least R2,9bn to cut back on power usage in a bid to prevent blackouts. Had the National Energy Regulator of South Africa (Nersa) not rejected its request for provision to be made for an R8bn, five-year buy-back project, the amount, over a seven-year period, would