For the second year in a row, Eskom management and key staff members will not take leave in the festive season as the power utility struggles to halt power outages.
Browsing: Gwede Mantashe
In South Africa, solar and wind are in, and coal is gradually on the way out. That’s the key takeaway from the latest Integrated Resource Plan, which maps out the energy mix for the next decade.
As South Africa enters its third day of blackouts, investors are still awaiting word from President Cyril Ramaphosa’s administration on how it’s going to fix the ailing state power company.
South Africa’s struggling state-owned power utility said it will implement a second day of controlled blackouts to prevent a total collapse of the electricity grid amid a shortage of capacity.
South Africa has been promising for months to fix Eskom. While little tangible progress has been evident so far, several key decisions are due to be taken this month.
A panel of experts under the leadership of the CSIR has submitted a proposal to declare eMalahleni, Klerksdorp and Beaufort West as preferred locations for wind and solar photovoltaic power projects.
South Africa is asking independent power producers to lower electricity costs as part of the rescue of Eskom, the insolvent state-owned utility.
Labour unions that oppose the government’s plans to split Eskom into three units will ultimately have to support the reforms, according to mineral resources & energy minister Gwede Mantashe.
Finance minister Tito Mboweni says government borrowing will surge and taxes may rise to fund the troubled Eskom. Yet no plan has been announced to restructure the overstaffed company.
As delegates from the ANC gather this week to pick a new leader to succeed President Jacob Zuma, they face a challenge that’s threatening to overshadow the contest: to stop the party from splitting. The likelihood of a break-up is