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Terence Creamer

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.

By Terence Creamer

AECI CEO Holger Riemensperger

Amid disposals, AECI aligns internationalisation strategy to regions geared for rapid critical minerals growth

15th March 2024

JSE-listed AECI, which is undergoing far-reaching restructuring to re-focus on its core mining and chemicals businesses and reduce debt, reports strong initial interest in the six noncore companies... 


Lineworkers work on a high-voltage powerline

Settling on funding solutions for expedited grid infrastructure set as a JET Investment Plan priority

15th March 2024

Finalising funding solutions for the expedited expansion of South Africa’s electricity transmission grid has been identified as a key priority for the Just Energy Transition (JET) project... 


Sasol CEO Fleetwood Grobler

Sasol prioritising coal de-stoning investment as it seeks to allay fears over big Secunda output dip

15th March 2024

Energy and chemicals group Sasol has moved to address investor concerns that its yearly production at Secunda will need to fall to only 6.7-million tons for it to meet its goal of reducing the... 


Photo of Terence Creamer

Not so quiet revolution

15th March 2024

For several years, the roll-out of rooftop solar, batteries and inverters has been referred to as South Africa’s quite revolution. While Eskom struggled to keep the lights on and government battled... 


Incoming Aveng CEO Scott Cummins

No immediate plan to list Aveng in Australia, but future listing likely amid change in reporting currency to Aussie dollar

8th March 2024

JSE-listed Aveng, which recently relocated is management epicentre to Australia and changed its reporting currency from South African rands to Australian dollars, has no immediate intention of... 


Roads

Dispute over 5 km road could highlight far bigger road-building problem for Gauteng

8th March 2024

A legal dispute over the granting of an environmental authorisation for a 5-km new road, the K148, in southern Gauteng has the potential to highlight serious legal impediments to the development of... 


Forestry, Fisheries and the Environment Minister Barbara Creecy

Climate Change Response Fund to channel resources to adaptation, early-warning systems – Creecy

8th March 2024

Forestry, Fisheries and the Environment Minister Barbara Creecy reports that the Climate Change Response Fund announced by President Cyril Ramaphosa in his State of the Nation Address (SoNA) has... 


NO CARBON CRUNCH: The Presidency has expressed confidence that South Africa will meet its greenhouse gas emission reduction targets even if it keeps some coal-fired plants, such as the one pictured here, open beyond their current decommissioning dates. “It’s not about stopping decommissioning,” Rudi Dicks, head of the project management office in the Presidency, said last month. “It’s about delaying decommissioning until we have sufficient generating capacity and reserve margins.” Photograph: Bloomberg

NO CARBON CRUNCH

8th March 2024

The Presidency has expressed confidence that South Africa will meet its greenhouse gas emission reduction targets even if it keeps some coal-fired plants, such as the one pictured here, open beyond... 


Photo of Terence Creamer

Progress, but too slow

8th March 2024

There is growing impatience over the slow pace at which the South African government is moving to harness the $11.6-billion in concessional loans and grants pledged by several developed countries... 


Murray & Roberts CEO Henry Laas

M&R weighing capital-light re-entry into Australian mining market

7th March 2024

JSE-listed Murray & Roberts (M&R) says it still intends to regain a foothold in the Australian mining market, which it lost when RUC’s Australian holding company entered voluntary administration in... 


Pele Green Energy MD Gqi Raoleka

Pele Green Energy looking beyond R2.5bn funding innovation as it hastens towards ‘South African IPP’ vision

7th March 2024

Following its recent success in securing new public and private power purchase agreements, Pele Green Energy (PGE) is already having to consider additional funding options beyond the pioneering... 


Kendal power station

Move to formalise deal on injecting private skills into Eskom amid plan to add and recover 10.6 GW by end-2025

6th March 2024

Government and business have set a goal of increasing South Africa’s electricity generation capacity by 10.6 GW by the end of 2025 as part of ongoing collaborative efforts to tackle growth-sapping... 


Kusile stack

Eskom says it is on track for permanent repair of Kusile stack by December

5th March 2024

Eskom insists it is on track to complete the repairs to the ducts in the west stack at the Kusile power station by December 2024, ahead of the March 31, 2025, deadline set by the Department of... 


Coal station

Assessment of Eskom coal fleet warns ‘fixation on the EAF is a dead end’

1st March 2024

An expert assessment of the state of Eskom’s 14 coal-fired power stations conducted between March and May 2023 describes the prevailing “fixation” on the coal fleet’s energy availability factor... 


Wind, solar, batteries

Innovative 128 MW solar-wind-battery project achieves financial close

1st March 2024

The 128 MW Oya Energy hybrid project, which will combine variable renewables and batteries to produce dispatchable electricity daily between 5:00 and 21:30 for injection into South Africa’s... 


Electricity tariffs are currently determined using the MYPD methodology and involve various adjudication steps, including the public hearings pictured here

Not practical to implement new ‘black box’ tariff rules from 2025, Eskom insists

1st March 2024

Eskom says the Electricity Pricing Determination Rules (EPDR) approved by the National Energy Regulator of South Africa (Nersa) in December cannot be implemented for the 2025/26 financial year as... 


Powerlines

Former IPP Office head sees definite role for private sector in grid development but highlights need for consultation

1st March 2024

The former head of South Africa’s Independent Power Producer (IPP) Office, Karen Breytenbach, believes there is a compelling case for the injection of private sector investment to accelerate the... 


Photo of Terence Creamer

Full transparency

1st March 2024

The decision to drawdown R150-billion from the Gold and Foreign Exchange Contingency Reserve Account (GFECRA) to reduce government borrowings and surging debt-servicing costs was the major feature... 


Acting TFR CEO Russell Baatjies and Sasol CEO Fleetwood Grobler (seated at centre) sign the agreement, in front of their respective teams, including (standing from left to right) Mario Klaasen, Loven Naidoo, Bonginkosi Mabaso, Pierre Koch, Pierre Taljaard and Kevin Govender, with Ayanda Mokhesi seated to the left of Baatjies and Brad Griffith and David Mokomela seated to Grobler’s right

Cabinet and business praise Sasol and TFR for ‘first-of-its-kind’ partnership to repair 128 ammonia tankers

29th February 2024

Both Cabinet and organised business have lauded the five-year public-private partnership agreement between Sasol and Transnet Freight Rail (TFR), under which the energy and chemicals group will... 


TFR train

Business sees appointment of Phillips as key step in accelerating Transnet Recovery Plan

29th February 2024

Organised business says the appointment of a permanent executive team at Transnet – led by CEO Michelle Phillips, who has been acting in the role since September and who has been with the utility... 


AECI CEO Holger Riemensperger

Amid disposals, AECI aligns internationalisation strategy to regions geared for rapid critical minerals growth

28th February 2024

JSE-listed AECI, which is undergoing far-reaching restructuring to re-focus on its core mining and chemicals businesses and reduce debt, reports strong initial interest in the six noncore companies... 


Lineworkers work on a high-voltage powerline

Settling on funding solutions for expedited grid infrastructure set as a Just Energy Transition Investment Plan priority

27th February 2024

Finalising funding solutions for the expedited expansion of South Africa’s electricity transmission grid has been identified as a key priority for the Just Energy Transition (JET) project... 


Sasol CEO Fleetwood Grobler

Sasol prioritising coal de-stoning investment as it seeks to allay fears over big Secunda output dip

26th February 2024

Energy and chemicals group Sasol has moved to address investor concerns that its yearly production at Secunda will need to fall to only 6.7-million tons for it to meet its goal of reducing the... 


Grid infrastrucuture

Ramokgopa says govt close to finalising structure for private grid financing

26th February 2024

Electricity Minister Kgosientsho Ramokgopa says all the work being done by government on the financial structure to facilitate private investment into the country’s transmission infrastructure is... 


ArcelorMittal South Africa CEO Kobus Verster

AMSA sees plausible pathway for salvaging longs unit, but ready to reverse closure deferral if urgent progress is not made

23rd February 2024

Steel producer ArcelorMittal South Africa (AMSA) has deferred the wind-down of its long-products business by six months amid widespread concern regarding the detrimental impact of the closure on... 


Power lines

Nersa makes far-reaching changes to tariff rules, but implementation timing uncertain

23rd February 2024

The National Energy Regulator of South Africa (Nersa) has approved far-reaching changes to the way electricity tariffs will be set in future, but it could still take some time before the rules are... 


Bunker fuels terminal to be developed on a brownfield site at the Port of Richards Bay

Preferred bidder for Richards Bay bunker fuels terminal named

23rd February 2024

Transnet National Ports Authority (TNPA) has appointed FFS Tank Terminal as the preferred bidder to develop and operate a liquid bulk terminal specialising in bunker fuels on a brownfield site at... 


Photo of Terence Creamer

Crunch time

23rd February 2024

The consequences of policy failure in electricity are so obvious there is no need to ventilate them again. Not so for gas, however, given that they are only visible to those manufacturers that have... 


Eskom EAF trend

Eskom insists downward EAF slide has been ‘arrested’ amid Stage 4 loadshedding

22nd February 2024

Eskom insists the performance of its unreliable generation fleet is on an improving trajectory, releasing a graphic-heavy statement on February 22 disputing a recent report stating that its... 


Finance Minister Enoch Godongwana

Godongwana draws down R150bn from gold and forex account to reduce borrowings and debt-service costs

21st February 2024

Finance Minister Enoch Godongwana unveiled a far-reaching reform in relation to government’s treatment of the Gold and Foreign Exchange Contingency Reserve Account (GFECRA), which will result in... 


R4bn may be removed from Eskom debt-relief for failure to meet EFC sale deadline

R4bn may be removed from Eskom debt-relief for failure to meet EFC sale deadline

21st February 2024

The South African government is proposing to reduce its planned allocations to Eskom under a previously announced R254-billion debt-relief package by R2-billion a year for the 2023/24 and 2024/25... 


Power lines

RFP for private transmission investment to be launched in July

21st February 2024

The South African government will release a request for proposals (RFP) in the coming months seeking private sector investment into a pilot electricity grid infrastructure project. The National... 


Incoming Aveng CEO Scott Cummins

No immediate plan to list Aveng in Australia, but future listing likely amid change in reporting currency to Aussie dollar

20th February 2024

JSE-listed Aveng, which recently relocated is management epicentre to Australia and changed its reporting currency from South African rands to Australian dollars, has no immediate intention of... 


Eskom Distribution MD Monde Bala

Eskom backs Necom-level consultation on use of electricity tokens to upscale virtual wheeling

16th February 2024

Eskom Distribution MD Monde Bala has signalled the utility’s willingness to consider the integration of an Electricity Credit Token (ECT) financial instrument to accelerate the implementation of a... 


Wind farm

Impact of curtailment on BW7 under discussion

16th February 2024

The Independent Power Producer Office (IPPO) reports that it is engaging with Eskom on its newly released curtailment addendum to the latest Generation Connection Capacity Assessment (GCCA 2025) –... 


Artist impression of a green hydrogen facility

SA green hydrogen developers urged to bid for €270m German grant funding

16th February 2024

South African developers of mature green hydrogen or derivatives projects are potentially eligible for nonrefundable grant funding being extended under Germany’s €270-million Power-to-X (PtX)... 


Photo of Terence Creamer

Reform momentum

16th February 2024

From an economic perspective, the most important signal provided by President Cyril Ramaphosa in his State of the Nation Address was that the reform agenda remains in place, and that it will be... 


Electricity Minister Kgosientsho Ramokgopa

Ramokgopa denies President’s pre-Stage 6 SoNA assertions caused embarrassment and insists loadshedding ‘corner has been turned’

11th February 2024

Electricity Minister Kgosientsho Ramokgopa has move to defend the statement made by President Cyril Ramaphosa in his State of the Nation Address (SoNA) on Thursday night that “the end of... 


Energy Vault, consortium enter licensing  deal for gravity storage solution

Energy Vault, consortium enter licensing deal for gravity storage solution

9th February 2024

Grid-scale energy storage solutions company Energy Vault has signed a licensing and royalty agreement with a South African consortium, established with the aim of deploying the NYSE-listed... 


A road fright truck on the N3 corridor

Dedicated freight lanes and restricted truck operating hours mooted in draft plan to shift cargo back to rail

9th February 2024

The Department of Transport (DoT) is canvasing as series of interventions aimed at attracting freight back to South Africa’s struggling rail system from road, which has emerged as the country’s... 


Power line and substation

Independent transmission project office to be set up to procure new grid using ‘build, operate, transfer’ model

9th February 2024

Electricity Minister Kgosientsho Ramokgopa reports that government plans to establish an independent transmission project office, located either at the Development Bank of Southern Africa (DBSA) or... 


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