Nersa gears up to release consultation paper on Eskom’s latest revenue application

The National Energy Regulator of South Africa (Nersa) will release a consultation paper on December 8 alongside Eskom’s fifth multiyear price determination application (MYPD5), which covers the three financial years from 2022/23 to 2024/25. The paper, which is currently being finalised, will outline why the tariff decision will be confined to the 2022/23 financial year, rather than all three financial years covered in Eskom’s application, which was formally lodged on June 2 and initially rejected by Nersa on September 30.
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Gas-powered electricity generation not South Africa’s best bet for the long term –WWF

The attractiveness of renewable energy, even in the face of using gas as a bridging fuel to take off from where coal is being disused, is continuing to increase, the World Wide Fund for Nature senior climate specialist James Reeler has said.

During a webinar titled ‘Fossil gas: decarbonisation solution, detour or dead end?’, on December 2, he said Bid Window 5 of the Renewable Energy Independent Power Producer Programme had shown that the price of renewables was lower than what was previously forecast to occur only in 2050.

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Garob Wind Farm successfully commissioned

The Garob Wind Farm, in the Siyathemba municipality of the Northern Cape, has successfully started commercial operations. The 145 MW facility was awarded to Enel Green Power South Africa in April 2015 as part of Bid Window 4 of the Renewable Energy Independent Power Producer Procurement Programme.
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The world’s first autonomous, emission-free container ship starts operations

The world’s first electric and self-propelled container ship – Yara Birkeland – has completed its maiden voyage in the Oslo fjord, Norway. “We are proud to be able to showcase the world’s first fully electric and self-propelled container ship,” says Yara CEO Svein Tore Holsether.
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Energy Regulator approves five LNG storage licences for DNG Energy

The Energy Regulator has approved five site licences for the importation and storage of liquefied natural gas (LNG) by black-owned energy company DNG Energy. The Energy Regulator approved the site licences, along with the licence conditions and reasons for decision, at its meeting on December 6, following a recommendation by the National Energy Regulator of South Africa’s (Nersa’s) Petroleum Pipelines Subcommittee.
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National Treasury aware of Eskom’s PFMA concerns but denies long delays in responding

The National Treasury says it is aware of Eskom’s concerns regarding the application of the Public Finance Management Act (PFMA) at the power utility and reports that there are ongoing engagements in an effort to address these concerns. The matter, it adds, is still being deliberated on and some of the concerns will be addressed through a legislative review, which is currently under way.
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