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Coal & Diesel News
South Africa must build renewable energy momentum, and then move on to other sectors – Mavuso
By: Schalk Burger 22nd January 2024 The rapid pace at which South Africa is building renewable energy projects, driven by private sector investment, is viewed as positive in the global context, including at the recently held World Economic Forum's (WEF's) yearly Davos meeting, said business organisation Business Leadership South... →
Marokane to officially report for duty as Eskom CEO on March 1
By: Terence Creamer 19th January 2024 Eskom has announced that Dan Marokane – who was named group CEO on December 8, almost a full year after André de Ruyter formally resigned – will assume office on March 1, 2024. Previously, Eskom indicated that Marokane would join the organisation no later than March 31, 2024, so as to allow him... →
Reliable electricity must be prioritised over transition
19th January 2024 The sheer urgency of addressing energy insecurity in Africa demands that a reliable grid is prioritised first and other energy concerns, such as transitioning to renewable-energy sources, second, says energy advocacy group African Energy Chamber executive chairperson NJ Ayuk. Ayuk critiques... →
Electricity Regulation Amendment Bill essential to resolving energy crisis
19th January 2024 The Electricity Regulation Amendment Bill will accelerate South Africa’s shift towards a decentralised, modern, and low-carbon energy system, says industry association Energy Council of South Africa CEO James Mackay. This shift will enable vital reforms that will help end loadshedding as well as... →
Proposed new IRP met with some skepticism
By: Creamer Media Reporter 12th January 2024 Engineering News editor Terence Creamer discusses the background to the publication for public comment of the latest Integrated Resource Plan (IRP); the main changes in the IRP 2023, compared with the IRP 2019; the initial reaction to the new IRP; and the public commentary process. →
Busa warns that lack of detail in IRP 2023 makes it impossible to assess plan’s credibility
By: Terence Creamer 8th January 2024 Business Unity South Africa (Busa) will approach the Department of Mineral Resources and Energy (DMRE) to secure the technoeconomic information that has been used to inform the assumptions contained in the draft Integrated Resource Plan (IRP), which was released for public comment on January 4... →
South Africa's new energy plan is 'shoddy' and will probably fail – analysts
By: News24Wire 6th January 2024 South Africa's new energy generation plan lacks detail and leaves many unanswered questions, according to some energy analysts. The long-awaited draft of the Integrated Energy Plan (IRP) of 2023 was gazetted for public comment this week. →
Eskom soot pollution is at a 31-year-high, 42 times worse than China
By: Bloomberg 19th December 2023 Coal-fired power plants operated by South Africa’s state utility are emitting pollutants that primarily cause respiratory diseases such as asthma at almost 42 times the intensity of those in China. Eskom Holdings, in the second week of December, said in the six months through September,... →
Eskom set for seventh full-year loss as power cuts grip South Africa
By: Bloomberg 13th December 2023 South Africa’s Eskom Holdings is on track to post its seventh consecutive full-year loss as the utility crumbles under the weight of its debt pile and high financing costs, poor plant performance and a ballooning municipality arrears book. The state-owned electricity provider posted a 1.62... →
COP28 ends with deal on transition away from fossil fuels
By: Bloomberg 13th December 2023 The COP28 climate talks in Dubai ended in a deal that saw a commitment to transition away from all fossil fuels for the first time. The president of this year’s UN-sponsored summit, the UAE’s Sultan Al Jaber, brokered an agreement that was strong enough for the US and European Union on the need... →
Ntshavheni confirms draft IRP 2023 contains ‘significant’ revisions, but offers no clarity on consultation process
By: Terence Creamer 11th December 2023 Minister in the Presidency Khumbudzo Ntshavheni has confirmed that the draft Integrated Resource Plan (IRP) approved by Cabinet for public comment includes two time horizons as well as significant changes to the underlying assumptions that inform the plan when compared with the prevailing... →
IRP update approved by Cabinet includes new coal decommissioning schedule
By: Terence Creamer 10th December 2023 Electricity Minister Kgosientsho Ramokgopa reports that Cabinet has approved the release of an updated Integrated Resource Plan (IRP) for public comment and also confirms that the document contains a revised decommissioning schedule for Eskom’s aged coal power stations when compared with the... →
Eskom's new CEO confirmed
By: News24Wire 8th December 2023 Daniel Leseja Marokane has been appointed as chief executive officer of Eskom. On Friday afternoon, Minister of Public Enterprises Pravin Gordhan said Marokane would join Eskom no later than 31 March 2024. →
South Africa set to pick Dan Marokane as new Eskom CEO
By: Bloomberg 7th December 2023 Dan Marokane is expected to be appointed as the new CEO of South Africa’s state power utility Eskom Holdings after an almost year-long search for a candidate, according to people familiar with the decision. The company’s failure to boost generation from its old and poorly maintained power plants... →
Eskom acknowledges difficult trade-offs ahead as it pursues energy transition
By: Darren Parker 7th December 2023 State-owned utility Eskom is expecting to have to make “difficult trade-offs” in its pursuit of a just energy transition (JET) strategy, as it grapples with ongoing short-term operational struggles and budgetary shortfalls. Speaking at a South African National Energy Association webinar on... →
Eskom, Sasol pollution harms children, government studies find
By: Bloomberg 6th December 2023 Two studies ordered by South Africa’s government into the impact of air pollution on community and child health showed emission limits it imposed on companies that emit the toxins are insufficient. The studies were undertaken in key industrial regions by academics at the University of... →
Opinion: How many jobs will the JET create in Mpumalanga?
5th December 2023 In this opinion article, Renew-e managing partner and co-founder Etienne Rübbers argues that where the green energy jobs are created will be important in ensuring that the energy transition is just. →
Ramaphosa concerned developed countries not meeting climate funding obligations
By: Sane Dhlamini 4th December 2023 President Cyril Ramaphosa has expressed concern that the developed economies are still not meeting their obligations to support developing countries with the finance, technology and capacity building needed for effective climate actions. In his weekly newsletter, following his attendance at the... →
South Africa warns others not to go from electricity to darkness
By: Bloomberg 1st December 2023 One of the architects of South Africa’s groundbreaking deal with rich nations to move more quickly away from coal sounded a note of caution to other countries considering similar agreements. Environment Minister Barbara Creecy urged developing nations to make sure energy security and jobs are... →
COP 28 to host fossil fuels debate
By: Halima Frost 1st December 2023 This year’s Conference of the Parties to the United Nations Framework Convention on Climate Change, referred to globally as COP 28 and being held from November 30 to December 12 in Dubai in the United Arab Emirates (UAE), will look to address environmental issues, including decarbonisation... →
Financial backing boosts decarbonisation initiative
1st December 2023 Financial institution Standard Bank announced last month it had finalised an agreement to support global carbon project developer The African Stove Company (TASC) with funding for what is believed to be the first carbon credit project of its kind in South Africa. The carbon credit project has... →
Mantashe says special Cabinet meeting will consider IRP update after Ministers request time to ‘apply their minds’
By: Terence Creamer 30th November 2023 Mineral Resources and Energy Minister Gwede Mantashe confirmed that an update of the Integrated Resource Plan, which he has previously dubbed ‘IRP2023’, had served before Cabinet on November 29, but that his Ministerial colleagues had requested more deliberation time before approving the document... →
As Eskom outlines worsened prognosis, City Power confirms loadshedding schedule review amid ‘Stage 8’ uproar
By: Terence Creamer 27th November 2023 Having outlined an improving power system prognosis for the working week on Sunday, following the shock implementation of Stage 6 on Friday November 24, Eskom has since reported that the outlook has deteriorated and has declared Stage 4 until 5:00 on Saturday. A day earlier, a faster... →
Graphics confirm 2023 as loadshedding’s annus horribilis
By: Terence Creamer 27th November 2023 South Africans are already painfully aware that 2023 has been a devastating year for power disruptions, with the latest bout of Stage 6 loadshedding having provided yet another traumatic reminder of just how far away South Africa is currently from fully addressing its supply deficit. A pain that... →
S&P’s upgrades Eskom’s ratings on the back of govt bailouts
By: Marleny Arnoldi 27th November 2023 State-owned power utility Eskom’s long-term issuer credit rating has been upgraded to ‘B’ from ‘CCC+’ with a stable outlook on the group’s senior secured and senior unsecured debt. Ratings agency S&P’s Global Ratings has also upgraded Eskom’s national scale rating to ‘zaBBB/zaA-2’ from ‘zaB/zaB’,... →
De-escalation in loadshedding forecast for coming week as country emerges from renewed Stage 6 trauma
By: Terence Creamer 26th November 2023 Eskom is forecasting a de-escalation in the intensity of rotational power cuts for the coming week following the traumatic return of Stage 6 on Friday November 24 and complaints in certain distribution areas, notably Johannesburg, that the duration and frequency of the latest cuts exceeded those... →
Black Friday loadshedding triggered by depletion of reserves and heat-wave demand spike
By: Terence Creamer 24th November 2023 Electricity Minister Kgosientsho Ramokgopa attributed the “unwelcome” ramp up in the intensity of loadshedding to Stage 6 to a need for Eskom to rebuild its emergency reserves that had been depleted by the failure of large coal units during the week and a 1 500 MW spike in demand, which was... →
Loadshedding and port congestion make headlines
24th November 2023 Creamer Media editor Terence Creamer discusses the lagging procurement of new electricity generation and addition of crucial grid infrastructure, as well as the dire situation at Transnet's ports and rail systems. →
Petroleum industry significantly impacted on by loadshedding
By: Darren Parker 21st November 2023 The South African Petroleum Industry Association (Sapia) says the ongoing loadshedding crisis has significantly impacted on its members, with widespread power outages affecting various sectors of its business operations, with substantial implications. Among the areas of business most affected by... →
Cabinet approves Just Energy Transition Implementation Plan
By: Darren Parker 20th November 2023 Cabinet has approved the Just Energy Transition Implementation Plan (JET-IP), Minister in the Presidency Khumbudzo Ntshavheni announced in a briefing in Pretoria on November 20. “The implementation plan will guide South Africa's transition to a low-carbon economy through the scaling up of... →
Germany will lend South Africa €500m for energy switch
By: Bloomberg 17th November 2023 Germany, through its KfW development bank, will as soon as Friday sign an agreement to lend South Africa €500-million ($543-million) to help it transition away from the use of coal-fired electricity, people with knowledge of the pact said. The money forms part of the $8.8-billion in climate... →
Bill outlines broad ‘energy value chain’ mandate for State petroleum company
By: Terence Creamer 14th November 2023 Mineral Resources and Energy Minister Gwede Mantashe has released a draft Bill for public comment outlining the establishment of the South African National Petroleum Company (SANPC), which the proposed legislation defines as the “State’s energy champion and facilitator of energy infrastructure... →
Africa must do more to advance its own development – Manuel
By: Schalk Burger 10th November 2023 Africa's business sector and governments must push harder in addressing the challenges facing the continent, as the biggest threat to its development is complacency, said insurance and investment management company Old Mutual chairperson and former South Africa Finance Minister Trevor Manuel.... →
South Africa’s climate adviser rebuts report target to be missed
By: Bloomberg 9th November 2023 South Africa’s Presidential Climate Commission dismissed a report that said modeling shows that the country will miss its 2030 emissions reduction target, saying that no such forecasting exists. Reuters reported that as South Africa is considering keeping some coal-fired power plants open for... →
South Africa still weighing impact of charging Eskom interest
By: Bloomberg 9th November 2023 South Africa is still assessing the effect of adding interest to a R254-billion debt relief package for state-owned Eskom Holdings as the company prepares to split into three, according to a National Treasury official. Treasury announced in last week’s budget that it would convert the loans in... →
South Africa to miss 2030 emissions goal as it keeps coal plants burning
By: Reuters 9th November 2023 South Africa will miss its binding 2030 carbon emissions targets under the Paris climate agreement, three senior government officials confirmed, as the country plans to run eight coal-fired power plants for longer than planned. South Africa is the world's eleventh biggest greenhouse-gas emitter... →
Mantashe seeks to extend life of coal-fired power stations
3rd November 2023 Mineral Resources and Energy Minister Gwede Mantashe has called on the private sector to “please and come talk to us” if they have any ideas on extending the life of South Africa’s fleet of coal-fired power stations. “There are many that have been earmarked for decommissioning because they are... →
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