R/€ = 15.50 Change: 0.00
R/$ = 13.28 Change: 0.00
Au 1241.67 $/oz Change: 0.11
Pt 828.50 $/oz Change: -3.93


Coal is being squeezed out of power by cheap renewables

By: Bloomberg     21st June 2018 Coal will be increasingly squeezed out of the power generation market over the next three decades as the cost of renewables plunges and technology improves the flexibility of grids globally. That’s the conclusion of a report by Bloomberg New Energy Finance, which estimated some $11.5-trillion of... 

Finkel's electricity market report recommends more gas

By: Esmarie Swanepoel     9th June 2017 The Australian Petroleum Production & Exploration Association (Appea) has welcomed the release of the final report of the independent review into the Future Security of the National Electricity Market. Australia’s Chief Scientist Dr Alan Finkel on Friday unveiled a blueprint to optimise the... 

Coal industry expresses ‘serious concern’ about Australia’s electricity market review

By: Mariaan Webb     5th June 2017 The Australian coal industry has expressed “serious concern” about reports that the Finkel review of the national electricity market has turned its back on coal-fired electricity, in favour of renewable energy. Minerals Council of Australia CEO Brendan Pearson said on Monday that the country... 

The growth of a diversified economy through the development of mining and energy at ZIMEC 2017!

By: Creamer Media Reporter      3rd May 2017 Lusaka, Zambia – April, 2017 - With around 70% of Zambia’s earnings currently depending on copper mining, the Zambian government aims to diversify mining activities and strive towards a sustainable and viable mining sector.  

Wind, solar can supply bulk of South Africa’s power at least cost, CSIR model shows 

By: Terence Creamer     22nd August 2016 The dramatic fall in the cost of supplying power from wind and solar photovoltaic (PV) plants has moved the global electricity supply industry beyond a critical “tipping point”, which leading energy scientist Dr Tobias Bischof-Niemz says is irreversibly altering the operating model, with... 

Eskom has control back – Molefe 

By: Natasha Odendaal     12th May 2016 State-owned power utility Eskom has regained control of its national electricity system after experiencing a prolonged surge in unplanned maintenance and breakdowns amid challenges to meeting demand. Unpacking the parastatal’s quarterly State of the System briefing, CEO Brian Molefe on Thursday... 

Eskom chief expects first signs of turnaround in 18 to 24 months 

By: Terence Creamer     23rd January 2015 Eskom CEO Tshediso Matona believes positive results from the current turnaround plan at the embattled utility will begin showing through in the next 18 to 24 months and has committed to continue “telling it as it is and telling it like it has never been told” so that the issues facing the... 

Eskom aims to buy 500 MW more from IPPs ahead of Medupi, Kusile ramp-ups

By: Terence Creamer     5th June 2014 State-owned electricity utility Eskom will issue a tender soon for the procurement of an additional 500 MW of capacity from private generators, as part of a larger intervention to ensure supply security ahead of the introduction of new capacity from the Medupi, Kusile and Ingula projects. Interim... 

IEA urges ‘radical change’ in electricity investment patterns 

By: Terence Creamer     12th May 2014 A new International Energy Agency (IEA) report estimates that an additional $44-trillion in electricity investment will be required to ensure a “sustainable energy system” by 2050, as represented by its 2 ˚C Scenario (2DS). The scenario itself is aligned with the Intergovernmental Panel on... 

Major business disruptions as SA has first load-shedding relapse since 2008 

By: Terence Creamer     6th March 2014 State-owned electricity producer Eskom, which declared its fourth power emergency of the 2013/14 summer maintenance season on Thursday morning, began implementing load shedding from 9:00, causing shops to shut, disrupting cellular networks and raising fresh concerns about the constraint being... 

Eskom ‘very pleased’ by Coal Three call, Minister more ambivalent 

By: Terence Creamer     10th September 2013 A mixed picture emerged on Tuesday regarding the status of Cabinet’s resolution to pursue the development of a third new large-scale coal-fired power station, with Eskom welcoming the ratification of ‘Coal Three’ and Public Enterprises Minister Malusi Gigaba indicating that other projects might... 

SA moves on baseload IPP procurement 

By: Terence Creamer     26th August 2013 There are signs that the South African government is, at last, gearing up to procure electricity capacity from independent power producers (IPPs) besides that which is already being acquired from renewable-energy IPPs. A tender has been published for the appointment of transaction advisers, as... 

Creamer Media publishes Electricity 2013: A review of South Africa's electricity sector report

3rd April 2013 This report provides an overview of the state of electricity generation and transmission in South Africa and examines electricity planning, investment in generation capacity, electricity tariffs, the role of independent power producers and demand-focused initiatives, among other issues. 

Evraz Highveld signs Eskom buy-back deal, pushes ahead with cogen plan 

By: Terence Creamer     19th March 2012 South African steel and vanadium producer Evraz Highveld has signed a power buy-back deal with Eskom, which would enable the utility to request the JSE-listed group to reduced consumption by 25% for up to two hours a day should the electricity system come under strain. COO Franz Holy said that... 


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