CoJ signs deal with Kelvin power station for extra 100 MW

The City of Johannesburg (CoJ) signed a power purchase agreement (PPA) with the privately-owned Kelvin Power Station to increase electricity supply for the city by 100 MW. CoJ executive mayor Mpho Moerane signed the PPA on October 8 alongside Gauteng Premier David Makhura and CoJ Environment and Infrastructure Services Department executive council member Tania Oldjohn at the City Power headquarters, in Booysens.
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Kearney unpacks the decentralised power transition in Africa

Africa is on the cusp of a transition into a new energy paradigm, one in which technological and commercial innovation is delivering increasingly decentralised power to the continent in new ways, says consultancy Kearney.

Kearney has outlined in a white paper, the overarching strategic considerations for African utilities to forge a path to sustainability against the backdrop of this global paradigm shift.

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Sacci business confidence lower in September, but remains above pre-Covid levels

The South African Chamber of Commerce and Industry’s (Sacci’s) business confidence index (BCI) declined to 91 in September after having registered its highest level this year to date of 97 in May. The level of 91 in September, nevertheless, reflects a better business confidence level than the pre-Covid level of 89.9 in March 2020, Sacci notes.
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Ramaphosa lends his weight to plans for raising concessional funding for ‘just transition’

President Cyril Ramaphosa has doubled down on his argument that South Africa needs to act with “urgency and ambition” in transitioning to a low-carbon economy, but stressed that such increased ambition could not be achieved without financial support from developed economies. In his latest weekly newsletter, the President backs moves to raise grants and loans, at concessional rates, from the international community to support the country’s and Eskom’s just transition.
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