South Africa’s deputy energy minister expects the latest round of climate talks will make global markets cleaner starting next year and defended her nation’s coal use as a way to reduce poverty.
Browsing: Eskom
South Africa’s state-owned power utility has started consultations about possible job cuts for executives as the cash-strapped company looks to rein in soaring costs despite stagnant electricity output.
The Democratic Alliance announced on Monday that it will revive legislation to break Eskom’s monopoly on the generation and transmission of electricity by introducing a private member’s bill.
South Africa has a lot going for it when it comes to renewable energy. But several factors stand in the way of its ability to move entirely away from coal.
South Africa’s recovery from corruption at its state-owned companies requires thorough reform and punishing those responsible, according to public enterprises minister Pravin Gordhan.
Eskom on Monday night narrowly averted load shedding despite a decline in peak energy demand compared to 2007 and the addition of more than 7.5GW of installed generation capacity over the last decade.
Standard electricity users will bear the brunt of the R32.7-billion the state-owned power utility can recover in unbudgeted costs incurred in the 2014 to 2017 financial years.
The failure of Eskom to adopt sound project management strategies could have circumvented billions of rand wasted due to administrative failure and non-compliance.
The board of Transnet said it plans to dismiss CEO Siyabonga Gama after losing confidence in his ability to lead South Africa’s state-owned ports and rail company.
More than half of South Africa’s core coal plants are running low on fuel, with at least four holding less than 10 days of supply, and the country’s power utility plans on trucking and railing emergency stocks as far as 400km.