South Africans rejoiced when the National Energy Regulator of South Africa (Nersa) awarded Eskom just half the tariff increase it had applied for in February this year. But in the power utility’s annual report released on 10 July, Eskom said it would respond to its funding problem by holding off
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Eskom has assured South Africans they will not experience power cuts, similar to those in 2008, because of problems at the Medupi power plant, SABC news reported on Wednesday. “For the last five years, we have kept the lights on. South Africa has seen no load shedding,” Eskom CEO Brian Dames
Eskom on Monday morning announced that the Medupi power station’s first unit will not come online by December 2013 as planned, with the more realistic deadline being the second half of 2014. This set the deadline of the whole project back by six months to a year. The delay was announced
One of the Medupi’s six 800MW units will not meet its deadline to deliver power to the grid by the end of the year, Eskom said on Monday. “Eskom has confirmed that the December 2013 target date is unlikely to be met. A more realistic target for the first synchronisation of unit six to the grid is the second half of 2014,” the
The unexpected delay in processing the Independent Systems and Market Operator Bill in parliament sends the wrong signals to investors, creates uncertainty in the market and hinders those trying to enter the electricity market, according to independent power producers. The bill is
The country’s electricity reserve margin slid to a perilously low 63MW, or 0,2%, early last week, heightening concerns that South Africa is a hair’s breadth from experiencing rolling power cuts. Despite the heightened risk, Eskom has several options to manage the very tight power system, said its spokesman, Hilary Joffe
Eskom denied on Tuesday morning that “load shedding” has started, according to an interview broadcast on radio station SAfm. According to radio reports, there were power cuts on Monday evening in Roodepoort, west of Johannesburg, Greymont
Much has been made about green industry being a new vehicle for industrial development in South Africa. It is part of the industrial policy action plan. For now, the focus is mainly on increasing the local content of components, which fall under the renewable energy independent producers’ procurement programme
Construction on Eskom’s Sere wind farm in the Western Cape is well under way but its purported ability to produce electricity at a far cheaper price than independent power producers (IPPs) has raised questions about the repercussions for the fledgling renewables industry in South Africa
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