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Karpowership launches enhanced public consultations to detail benefits of its projects

By: Schalk Burger 9th November 2022 As part of floating power station company Karpowership South Africa’s environmental authorisation application, it has started an enhanced process of additional public consultations to ensure all stakeholders fully understand the benefits these projects will bring to the country. “Karpowership... →

World’s carbon dioxide hotspots pinpointed by Al Gore-backed climate project

By: Bloomberg 9th November 2022 A consortium of dozens of research nonprofits on Wednesday launched a free online platform that details greenhouse gas emissions around the world across 20 economic sectors. Climate Trace, which can be viewed on a web browser, includes a zoomable world map that displays and ranks the dirtiest 72... →

Photo by Bloomberg
Al Gore addressing delegates at COP27

Ten-week project cements supplier storage capacity

By: Halima Frost 4th November 2022 Heavy lifting and rigging specialists Lovemore Bros successfully concluded a substantial materials handling, stowage and delivery project of 73 parts weighing 307.1 t for a client based in Witbank, Mpumalanga. The project, which started in the second week of May, was finished when the last item... →

A large element of a gas plant which was dismantled and transported by Lovemore Bros being offloaded and then placed on a ship using heavy materials handling machinery at he Richards Bay port

STOWAWAY The stowage project undertaken by Lovemore Bros was concluded when the last part of a gas plant was delivered to the Richards Bay port

Commission refers competition complaint against Vita Gas to the tribunal

By: Donna Slater 2nd November 2022 The Competition Commission has referred to the Competition Tribunal a complaint against Vita Gas for the alleged abuse of market dominance in the supply of liquified petroleum gas (LPG) from import terminals in the Western Cape. The commission found that Vita Gas allegedly contravened the... →

Developing country carbon emissions clemency not applicable to South Africa – Nicholls

By: Donna Slater 2nd November 2022 South Africa cannot be allowed to breach its climate change mitigation measures and Paris Agreement declarations despite it being an emerging country that is dependant and still heavily reliant on fossil fuels, South African Presidential Climate Commission mitigation head Steve Nicholls told... →

Photo by Creamer Media's Donna Slater
South Africa is a significant carbon-intensive emitter, sharing an emissions contributing position among the highest, globally

Moody’s boosts Eskom’s ratings outlook to positive after budget

By: Bloomberg 1st November 2022 Moody’s Investors Service improved its outlook on Eskom Holdings’s debt ratings to positive after South African Finance Minister Enoch Godongwana announced last week the government could take over a substantial portion of the power company’s debt. Moody’s boosted the outlook from negative,... →

Energy crisis sparked by Ukraine war to speed up green transition – IEA

By: Reuters 27th October 2022 The drop in Russian fossil fuel exports after its Ukraine invasion this year will transform the global energy landscape for decades and can help to hasten a green energy transition, the International Energy Agency (IEA) said on Thursday. The IEA's annual World Energy Outlook acknowledges the... →

IEA executive director Fatih Birol

Higher revenue collections support consolidation as growth headwinds strengthen

By: Terence Creamer 26th October 2022 Better-than-expected revenue collection enabled Finance Minister Enoch Godongwana to report an improvement in government’s fiscal position relative to the one forecast in the February Budget. However, slowing global and domestic growth together with ongoing power cuts pose a risk to the fiscal... →

Finance Minister Enoch Godongwana

Details of Eskom debt relief to be unveiled in Feb as loadshedding crimps growth outlook

By: Terence Creamer 26th October 2022 Finance Minister Enoch Godongwana has confirmed that government will take over between one-third and two-thirds of Eskom’s R400-billion debt, as intense loadshedding, which government expects to persist for 18 months, contributed to a downward revision to the country’s growth outlook. The... →

Eskom debt plan in focus at South Africa's mid-term budget

By: Reuters 25th October 2022 South Africa's finance minister is expected to announce a plan to take on part of power utility Eskom's mammoth debt in a mid-term budget on Wednesday, although analysts say the legally complex transfer will take time to execute. State-owned Eskom has been mired in financial crisis for years and... →

Rand takes big hit as investors worry about Godongwana speech, Beijing developments

By: News24Wire 25th October 2022 On Tuesday morning, the rand approached R18.50/$ - trading at levels last seen in early 2020 as the country digested the implications of the first hard Covid-19 lockdown. The currency is under pressure ahead of Wednesday's medium-term budget speech announcement, and has also taken a knock as... →

World is in its 'first truly global energy crisis' - IEA's Birol

By: Reuters 25th October 2022 Tightening markets for liquefied natural gas (LNG) worldwide and major oil producers cutting supply have put the world in the middle of "the first truly global energy crisis", the head of the International Energy Agency (IEA) said on Tuesday. Rising imports of LNG to Europe amid the Ukraine... →

IEA executive director Fatih Birol

Eskom lenders hire PwC as power cuts grip South African utility

By: Bloomberg 19th October 2022 Lenders to Eskom Holdings have hired financial advisers as South Africa’s State-owned power utility restructures its business. The banks asked consultants at PwC to assist them with negotiations, said people familiar with the matter, who aren’t authorized to talk about it and asked not to be... →

Mantashe restates his positions on energy at conference, but highlights nuclear

By: Rebecca Campbell 18th October 2022 Mineral Resources and Energy Minister Gwede Mantashe delivered his third keynote address to his third international energy conference in Cape Town, in as many weeks, on Tuesday. This time it was to Africa Energy Week. Unsurprisingly, the three speeches differed only slightly in content and more... →

Solar is cheapest energy option for Africa, but gas could be valuable

By: Rebecca Campbell 18th October 2022 The world was currently in the midst of an energy crisis. This affected countries differently, but it affected all countries. This was highlighted by International Energy Agency (IEA) deputy executive director Mary Burce Warlick in her keynote address to the Africa Energy Week conference in Cape... →

Sabia tackles biogas promotion with new vigour

By: Marleny Arnoldi 17th October 2022 The Southern African Biogas Industry Association (Sabia) has laid out its industry advancement priorities after undertaking an in-depth review of the industry’s challenges over the last 18 months. Some of these challenges include government direction on biogas, access to funding, regulations... →

Court upholds environmental authorisation for Eskom gas plant

By: News24Wire 11th October 2022 The North Gauteng High Court in Pretoria has dismissed a bid to have the environmental authorisation for Eskom's proposed gas power plant in Richards Bay overturned, but has taken aim at the deficient public participation process. In the judgment handed down by Judge Anthony Millar last week, the... →

EIUG, SAPVIA, Busa welcome appointment of new Eskom board with balanced skills

By: Schalk Burger 3rd October 2022 Industry nonprofit the Energy Intensive Users Group (EIUG) welcomes the "overdue reconstitution of the Eskom board" and says "the new board seems complete and well balanced in terms of its skills and experience". The previous board was "heavily handicapped" with a number of vacancies, which... →

Association revamps to improve services

By: Halima Frost 30th September 2022 The Southern African Biogas Industry Association (Sabia) will introduce its updated business plan and path to reach its 2030 goals at its ‘Vision 2030 – building a sustainable Southern African biogas market’ round table next month. Hosted by Sabia, it will include a discussion by representatives... →

A large domed biogas digester with a flute burning flare for heat at the plant

BURNING TOPIC The development of South Africa's biogas industry will be addressed at a round table discussion hosted by Sabia next month

Prototype waste-to-fuel pilot plant designed

By: Halima Frost 30th September 2022 In its drive to become a leading global supplier of green value from waste solutions, local waste solutions provider Explorius has designed its first coal fines and waste-to-fuel pilot plant for the manufacture of briquettes and pellets from waste generated during industrial processes. The pilot... →

Contamination at source affecting recycling

By: Halima Frost 30th September 2022 A substantial portion of plastic waste is not recycled and ends up in landfills, contributing greatly to plastics being regarded as the biggest environmental threat, says industry body Plastics SA executive director Anton Hanekom. Forty-three percent of recyclable plastic waste in South Africa... →

A group of Bricks baled together made out of cement and polystyrene which makes them more cost effective, lightweight and insulated

Plastics SA executive director Anton Hanekom discusses the circular economy and how plastic must maintain its position in it instead of in the environment

Circular economy uptake addressed

By: Halima Frost 30th September 2022 The need for and uptake of the circular economy mindset by larger organisations locally and globally was addressed during a webinar hosted by the Southern African Institute of Mining and Metallurgy (SAIMM) last month. The webinar, titled ESGS Webinar: Circular economy: Opportunities and Benefits,... →

A man wearing protective gloves holding a handful of shredded tires which have been broken down for recycling at the Unki Mine in Zaimbabwe owned by Anglo American Platinum

GETTING TIREDThe world does not have enough resources to cater to the growing population, forcing companies to take up the circular economy

Sacci calls for independent commission to select, recruit SOE board members, CEOs

By: Schalk Burger 29th September 2022 Business organisation the South African Chamber of Commerce and Industry (Sacci) says changes to power utility Eskom's board of directors should take place within normal rotation principles in line with established corporate governance policy. However, it remains concerned as to what credible and... →

Karpowership aims for environmental ruling in South Africa by April

By: Bloomberg 28th September 2022 Karpowership, the Turkish company seeking to supply 1 220 MW of power to South Africa, will refile an application to the environment department in a bid to move its project forward at a time when the nation is suffering its worst-ever power cuts, a person familiar with the situation said. The... →

SAB launches ESG strategy

By: Darren Parker 28th September 2022 Beverage producer South African Breweries (SAB) has launched its first environment, social and governance (ESG) strategy, and will release its first Global Reporting Initiative-compliant ESG report in November. Speaking at the launch of the SAB ESG strategy in Johannesburg on September 28, SAB... →

In this video, SAB corporate brand director Sphe Vundla talks about the launch of SAB's ESG strategy and upcoming ESG report.

Eskom board to be reconstituted, restructured

By: Darren Parker 27th September 2022 Public Enterprises Minister Pravin Gordhan has announced that, following the finalisation of an extensive review, the board of State-owned Eskom would soon be reconstituted and restructured. Gordhan has met with members of the Eskom board whose term expired in 2021 and was extended subject to a... →

Photo by Creamer Media
Public Enterprises Minister Pravin Gordhan

IEA launches Cost of Capital Observatory to improve borrowing costs transparency

By: Schalk Burger 23rd September 2022 Intergovernmental organisation the International Energy Agency (IEA) and several partners have launched a new tool, the Cost of Capital Observatory, to track financing costs for energy projects around the world, with the aim of identifying and addressing risks that have impeded vital investment... →

Kibo acquires waste-to-energy project in the UK

By: Darren Parker 22nd September 2022 Renewable energy development company Kibo Energy has signed a definitive share purchase agreement (SPA) to acquire a 100% interest in a waste reception, anaerobic digestor (AD) and combined heat and power (CHP) power plant named Southport at Merseyside, in the UK. The company said on September 21... →

eThekwini has R324bn plan to end power cuts

By: Bloomberg 20th September 2022 The South African municipality that includes the Port city of Durban, eThekwini, has laid out plans to attract R324-billion in power plant investments by 2035 amid the country’s worst-ever electricity outages. This city of about four-million people, South Africa’s third biggest, plans to issue a... →

Eskom invites experts to join skills crowdsourcing platform

By: Schalk Burger 16th September 2022 State-owned power utility Eskom is developing a crowdsourcing digital platform to allow it to supplement its existing skills base to help address its operational challenges. It has invited organisations and individuals, including experienced engineers and technical experts, to participate. The... →

Nersa says Eskom is seeking deviation from IRP to build 3 000 MW of combined cycle gas

By: Terence Creamer 14th September 2022 The National Energy Regulator of South Africa (Nersa) has confirmed that Eskom has not applied for a Ministerial determination for a 3 000 MW combined cycle gas power plant at Richards Bay in terms of the Integrated Resource Plan of 2019 (IRP2019), but is instead seeking permission to deviate... →

Nersa corrects gas concurrence notice, says 3 000 MW relates to Eskom Richards Bay request

By: Terence Creamer 13th September 2022 The National Energy Regulator of South Africa (Nersa) has published an erratum to a consultation paper published for public comment on August 25 in relation to it providing concurrence to a Ministerial determination for the procurement of 3 000 MW of gas-fired electricity. The original notice and... →

Vissershok landfill to generate electricity from 2024/25 – City of Cape Town

By: Irma Venter 9th September 2022 The City of Cape Town says the landfill gas well field and flaring system at its Vissershok Landfill will soon begin operation, complementing existing systems at the Coastal Park and Bellville landfills. The city says it is also making steady progress toward the generation of electricity from... →

Eskom restarts sale process for R9bn home-loan book

By: Bloomberg 9th September 2022 South Africa’s indebted power utility Eskom Holdings restarted the sale of its mortgage unit, one of many measures the utility is taking to stabilise its finances. Eskom “commenced with a process” to sell Eskom Finance, which has a R9-billion loan book, by inviting prospective bidders, the... →

TNPA secures board approval for big expansions at Durban, Richards Bay ports

By: Terence Creamer 6th September 2022 The Transnet National Ports Authority (TNPA) board has approved plans that open the way for various expansions at the Durban and Richards Bay ports, including a new berth for handling liquified natural gas (LNG) at the Port of Richards Bay. TNPA, which has been established as an independent... →

Port of Durban

Sasol, Itochu sign MoU to develop green ammonia industry

By: Darren Parker 2nd September 2022 Global chemicals and energy company Sasol and Japanese trading group Itochu have signed a memorandum of understanding (MoU) to jointly study and develop the market and supply chain for green ammonia, with a focus on its use as a bunkering fuel and for power generation. The parties will also... →

Gas resources to meet future power demand

2nd September 2022 Following its recent and substantial oil and gas discoveries, Senegal is preparing to ensure that its vast natural gas resources help meet future electricity demand and put an end to the excessive electricity prices undermining its economy. Senegal’s domestic gas reserves will mainly be used to... →

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