South Africa is asking independent power producers to lower electricity costs as part of the rescue of Eskom, the insolvent state-owned utility.
Browsing: Jeff Radebe
With South Africa’s state electricity utility in dire financial straits and straining to meet demand, the government has reverted to courting independent renewable energy producers to help power the economy.
South Africa plans to expand use of renewable power as the coal-dependent nation expects traditional, centralised generation plants to “disappear”, energy minister Jeff Radebe said.
South Africa is looking to spend billions of rand to secure energy from mega-projects on the continent at a time when state power utility Eskom is broke and struggling to supply enough electricity.
South Africa is considering doubling the amount of electricity it plans to buy from a proposed multibillion-dollar hydro power plant in the Democratic Republic of Congo.
The price of petrol will plummet by R1.84/l on Wednesday, thanks to a stronger rand exchange rate and a sharp fall in international oil prices.
South Africa has dropped proposals to boost supply from nuclear plants in its latest energy blueprint and will increasingly bring in renewable sources as it trims a reliance on coal.
South Africa plans to invite bidders for additional renewable power projects that may amount to as much as R50bn of investment and help stimulate local and black-owned business. The fifth bid window for 1.8GW of
Energy minister Jeff Radebe has signed agreements with 27 independent power producers after more than two years of delays. The deals promise to revive South Africa’s renewable energy programme that was once the
Government’s long-awaited signing of agreements with 27 renewable energy independent power producer projects on Tuesday was blocked by an interdict that the National Union of Metalworkers of South Africa