An Eskom appeal board has rejected an application for bulk electricity to a new mixed housing development on the West Rand, a media report said on Friday. It said the flagship public-private partnership near Kagiso in Mogale City was to provide 9 315 residential units.
The Western Cape’s Koeberg nuclear power station is firing on all cylinders again, the South African Broadcasting Corporation reported on Monday. Eskom spokesperson Andrew Etzinger said one of the Koeberg units, which had been taken offline for maintenance, was recommissioned over the Easter weekend.
While power supply was expected to remain steady over the long weekend, there was still a risk of load-shedding, Eskom said on Friday. Spokesperson Erica Johnson said in a statement: ”We don’t expect any load-shedding over the long weekend as demand patterns are historically lower during holidays.”
The National Energy Regulator of South Africa cannot ignore Eskom’s request for a 53% tariff increase, a business research and consulting firm said on Thursday. ”If the country expects the electricity utility to resolve the current capacity crisis, it must be given the resources to do so,” said Frost & Sullivan.
South Africa’s power situation has improved after a two-day crisis that threatened supplies to mines, state electricity firm Eskom said on Wednesday, but rolling cuts are set to continue. Eskom has been struggling to contain South Africa’s power crisis, the result of years of underspending on electricity generation capacity.
Eskom has applied for a 53% hike in electricity tariffs, the National Energy Regulator of South Africa announced on Tuesday. It said it had received the application earlier in the day. Eskom is seeking this hike in place of the 14,2% increase it was granted in December last year.
Two Eskom electricity-generating units were restored on Tuesday and two more should be back on line in the evening, removing any immediate threat of power cuts to mines, Eskom said. In January, power shortages forced gold and platinum mines to shut down for five days.
Power may have to be cut to South Africa’s vital gold and platinum mines if more generators fail because of bad weather, Eskom said on Tuesday, sending local mining shares tumbling. ”At the moment we are in a very tight situation,” said Eskom spokesperson Andrew Etzinger.
Gold added $24,95, or 2,49%, to trade at $1 025,05 by 1.30pm on Monday — this after rising more than 3% to a record $1 032,60 a troy ounce in overnight trade. Oil prices have also rallied in response to the dollar’s weakness overnight with Nymex crude setting a fresh all-time high of $111,80.
Eskom will carry out countrywide rolling load-shedding on Monday because of a rise in demand due to cold weather and after four generators tripped. The power failures, the first since February 4, are likely to continue until Thursday, but would not affect large industrial customers, who are operating with about 90% of their normal power requirements.
South Africa’s business confidence fell sharply to a seven-year low in the first quarter of 2008, as the sector fretted about an uncertain economic and political outlook, a survey released on Wednesday found. The Business Confidence Index, sponsored by Rand Merchant and the Bureau for Economic Research, fell by 19 index points to 48.
Seven French electricity experts visited South Africa last week to assist Eskom in dealing with the electricity crisis facing South Africa, the French embassy said on Monday. During his state visit to South Africa on February 28 and 29, French President Nicolas Sarkozy announced that France would be sending engineers to work closely with their South African counterparts.
The government is considering the division of South Africa into two time zones. This is according to Portia Molefe, Director General of Public Enterprises, who was on Wednesday briefing the minerals and energy committee in Parliament on the present electricity crisis.
Incandescent lamps will be exchanged for energy-saving lamps in all provinces from April onwards, Eskom said on Wednesday. The exchange programme for compact fluorescent lamps is already under way in several of the country’s provinces and has seen more than 12-million lamps distributed in three years.
Eskom may delay approval for connecting new construction projects that are bigger than a residential home to its grid for up to six months in a bid to alleviate a power crisis, it said on Wednesday. The crisis forced a shutdown of crucial mines for five days in January and since then mines have been operating with only 90% of their power.
South Africa’s advanced nuclear reactor technology programme will include United States-based Westinghouse Electric as a partner and a new shareholders’ contract is expected by the end of the month, an official said on Tuesday. South Africa is currently testing elements of the Pebble Bed Modular Reactor and wants to build 24 to 30 reactors for its own energy needs.
Bedrooms (or the Oval Office, as the case may be) and boardrooms: they tend to share a characteristic — closed curtains. And when you ask the big guy whether he’s been fooling around, literally or figuratively, the answer all too often is "trust me". But once in a blue moon a reluctant witness comes forward with a stained blue dress. Does Hillary trust her man? No way.
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/ 28 February 2008
France is giving a R15,5-billion (â,¬1,4-billion) coal-fired power station to South Africa as a gesture of friendship. The agreement was signed on Thursday between Buyelwa Sonjica, the Minister of Minerals and Energy Affairs, and Jean-Marie Bockel, the French Deputy Minister for North-South cooperation.
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/ 27 February 2008
The City of Johannesburg on Wednesday launched a timetable of possible four-hour power cuts to help industry and residents plan ahead. The timetable, effective from March 1, divides the city into eight geographic blocks and sets out the times when planned power cuts could occur, explained Vally Padayachee, director of engineering operations for City Power.
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/ 24 February 2008
The African National Congress has ordered an audit of all empowerment deals and tenders that were received by its investment company, Chancellor House, media reports said on Sunday. Earlier this month, the <i>Mail & Guardian</i> reported that Chancellor House would exit two multibillion-rand contracts with Eskom.
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/ 22 February 2008
Eskom wants the country’s energy regulator to raise a 14,2% tariff hike it granted the utility last year, citing escalating coal prices as it battles a nationwide power crisis. Eskom, which generates most of its electricity from coal, said on Friday it wants tariffs hiked even more than the 18,7% it had initially requested last year but which was rejected by the regulator.
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/ 20 February 2008
The government will fund embattled electricity producer Eskom to the tune of R60-billion over the next five years, according to national budget documents tabled by Finance Minister Trevor Manuel on Wednesday. At the same time, it will introduce a levy in a bid to get consumers to save electricity.
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/ 20 February 2008
Eskom is not as concerned about the domestic availability of sufficient coal as it is with the speed at which it could be mined, <i>Business Day</i> reported on Wednesday. The national power utility is also worried about logistical problems in transporting the coal to power stations.
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/ 20 February 2008
South Africa is sitting on gold, platinum and other minerals that are selling at record prices on world markets, yet its economy is, quite literally, underpowered. The rand, the worst performing currency this year, has lost 12% against the dollar in the past month since the country was hit with electricity shortages that kept mines from working.
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/ 15 February 2008
Eskom on Friday put out requests for proposals for cogeneration projects as part of its plan to bolster faltering electricity supplies. Eskom spokesperson Andrew Etzinger explained that ”cogeneration” is when industrialists sell waste by-products that can be used to generate electricity.
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/ 14 February 2008
The power situation has eased somewhat over the past few days and there has been no load-shedding since February 4, Eskom CEO Jacob Maroga told reporters on Thursday in Sunninghill, near Johannesburg. Maroga was announcing measures to be taken by Eskom to resolve the country’s electricity crisis.
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/ 5 February 2008
Eskom has removed the man in charge of its power stations, the <i>Business Report</i> said on Tuesday. Ehud Matya has been replaced by Brian Dames, another Eskom executive, who will now be responsible for primary energy, power plants and his existing portfolio of capital investment.
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/ 1 February 2008
Mines had their power levels increased from 80% to 90% on Friday but they still needed a guarantee of a reliable power supply, the Gold Fields mining company said on Friday. On Thursday, Eskom backtracked on an undertaking when it promised to provide 90% of its normal power supplies to mining companies.
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/ 31 January 2008
Understandably, in a time of crisis someone has to carry the blame.
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/ 31 January 2008
Gold Fields, the world’s fourth-largest gold producer, on Thursday warned that it may be forced to close shafts and restructure as a result of Eskom’s request that the mining industry reduce its power use by 10%. Gold Fields CEO Ian Cockerill warned that the power shortages in South Africa would affect production in the March quarter.
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/ 31 January 2008
South Africa’s crippling power crisis will not put off investors nor limit its ability to stage the 2010 Soccer World Cup, Public Enterprises Minister Alec Erwin said on Wednesday. Rolling power cuts have plagued homes, businesses and the mining industry in South Africa for weeks and are likely to continue for about five years, according to state power utility Eskom.
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/ 30 January 2008
South Africans can save electricity by going to sleep earlier and boiling less water, Minerals and Energy Minister Buyelwa Sonjica on Wednesday told a special sitting of Parliament to discuss the power crisis. Nationwide power cuts began again at 3pm on Wednesday, said electricity provider Eskom.