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Terence Creamer

Global Mining News in real time

Terence Creamer

Terence Creamer is the Editor of Engineering News and a Deputy Editor for Mining Weekly.

He also has editorial responsibility for Polity.org.za and Creamer Media's Research Channel Africa.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Eskom’s R178bn grid plan points to ‘scary’ step change in expansionary capex

26th October 2021 State-owned electricity utility Eskom has outlined a R178-billion grid investment plan for the coming ten years, which is premised on a dramatic acceleration of expansionary capital expenditure. The Transmission Development Plan (TDP) for the period 2022 to 2031 is largely geared towards... →

Diesel and load-shedding feature in summer outlook as Eskom's maintenance recovery takes longer than envisaged

25th October 2021 State-owned electricity utility Eskom says its reliability maintenance recovery (RMR) interventions have not yet succeeded in stabilising the performance of its unpredictable coal fleet and that more than year of ongoing maintenance is needed to address the poor performance of its generation... →

South Africa to set up finance workstream to assess climate-finance offers

22nd October 2021 The South African government is set to establish a high-level technical workstream, which will work under the direction of a Cabinet subcommittee, to evaluate possible concessional finance offers that could be made in support of the country’s just energy transition strategy. The workstream is yet... →

Infrastructure Fund says its first R5.4bn will ‘catalyse’ projects worth R21bn

22nd October 2021 The Infrastructure Fund has submitted four projects, collectively valued at R21-billion, for National Treasury approval and is finalising four more, valued at nearly R85-billion, for submission in 2022. Infrastructure Fund head Mohale Rakgate reports that the fund itself will contribute... →

PCC’s Olver sees updating IRP to exclude new coal as key policy priority

22nd October 2021 Presidential Climate Commission (PCC) executive director Dr Crispian Olver says updating South Africa’s energy policy to exclude any new coal capacity to 2030 and beyond, while increasing the allocation for renewable energy to at least 30 GW by the end of the decade should be key priorities for... →

Ramaphosa moots pursuing hydrogen projects ‘on a joint basis’ with Namibia

22nd October 2021 President Cyril Ramaphosa says South Africa stands ready to be a major exporter of green hydrogen and has described the special economic zone (SEZ) proposed for development at Boegoebaai, in the Northern Cape, as a major step towards realising the country’s potential to be a global leader in... →

Transnet building pipeline of transactions for private-sector participation

22nd October 2021 Transnet CEO Portia Derby says the State-owned group received a “fantastic” response to its two recent requests for information (RFIs) for private participation at the ports of Durban and Ngqura and that several other private sector participation (PSP) transactions are under development. The... →

What crisis?

22nd October 2021 South Africa has experienced yet another terrible year of electricity supply disruption. Even before the most recent bout of power cuts in October, the Council for Scientific and Industrial Research had indicated that load-shedding during the first half of 2021 was equivalent to more than 70% of... →

How South Africa plans to secure backing for its ‘Just Transition Financing Facility’ at COP26

21st October 2021 South Africa aims to meet with other governments and multilateral finance institutions on the sidelines of the upcoming COP26 gathering to progress talks on raising concessional funding, in phases, for a Cabinet-endorsed ‘Just Transition Financing Facility’ to fund green projects in the... →

South Africa’s integrated energy policy ‘vacuum’ discouraging investment, report warns

21st October 2021 The continued absence of a long-term vision for South Africa’s energy sector is creating a policy “vacuum” and undermining investment, the 2021 edition of the South African Energy Risk Report states. Published by the South African National Energy Association (Sanea), the report highlights that... →

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