Aim- and AltX-listed renewable-energy-focused development company Kibo Energy will potentially introduce an additional revenue stream to its 2.7 MW plastic-to-syngas power plant, which resides within its 65%-owned Sustineri Energy subsidiary. This potential new revenue stream involves the production of synthetic oil from non-recyclable plastic waste, in addition to the production of electricity from syngas, which promises significant added benefits to the project.
The Steel and Engineering Industries Federation of Southern Africa (Seifsa) says Eskom’s 18.65% tariff increase comes at a time when the cost of living is already exorbitantly high for many South African households and businesses and will see investment being redirected from growth initiatives to survival efforts.
While the federation acknowledges that the National Energy Regulator of South Africa, which granted Eskom the increase, has a difficult balancing act to manage, the increase has been granted when Eskom cannot provide sufficient electricity to its customers at the moment and into the foreseeable future.
City Power in Johannesburg will embark on a three-day revenue collection effort from Tuesday to recover R363-million. The electricity supplier plans to cut off defaulting business accounts in Region E, Alexandra.
The Energy Intensive Users Group (EIUG) has confirmed that its large mining and industrial members have a 4 GW-plus pipeline of generation projects that can be connected to the grid over the next five years to help close the electricity supply gap. However, it argues that other supply- and demand-side interventions are urgently required to reduce the intensity of both loadshedding and load curtailment. “We are of the view that Eskom and government alone will not be able to resolve these issues soon and, hence, other options need to be explored considering that this is a crisis and business-as-usual contributions are no longer adequate,” CEO Fanele Mondi tells Engineering News.
The VDMA, the largest association for machinery and equipment manufacturers in Europe, has joined other industry associations to warn European countries in general and Germany in particular that massive offshore wind power expansion projects need secure supply chains and skilled workforces if they are to succeed. Currently, Germany plans to create more than 20 GW of offshore wind energy capacity by 2030. The country reportedly had, as of June last year, a total installed wind power capacity of …
Drakenstein mayor Conrad Poole has raised a formal objection against the 18.65% electricity tariff increase that was approved for State-owned power utility Eskom from April 1, asking that the increase not be higher than the country’s inflation rate of 7.4%.
The tariff increase was granted to Eskom by the National Energy Regulator of South Africa (Nersa) for the 2023/24 financial year.
Industry organisation the African Energy Chamber (AEC) says it strongly supports the Makelele biogas project, in the Democratic Republic of Congo (DRC), which includes a 60 MW gas-to-electricity system to connect consumers in the Goma and North and South Kivu provinces through existing trading hubs. The AEC recognises this development as a critical step to unlocking a new era of energy resilience and industry growth on the back of biogas development and exploitation.
Civil rights organisation AfriForum has decided to take legal action against ailing power utility Eskom for not making public the contract information for its service providers. AfriForum wants information on active contracts that Eskom has with various service providers, including coal suppliers and transport companies.
The second Wind Industry Internship Programme (WIIP) will be doubling its placements this year, in addition to offering supplementary work readiness training for the first time. The programme supports the development of specialist skills that are needed to facilitate the exponential growth of the wind energy industry and support economic growth in South Africa.
South Africa’s National Energy Crisis Committee, a body run by the office of President Cyril Ramaphosa, expects record power outages to ease as measures put in place, including a new law to fast-track plant development, take effect. The committee, of which several cabinet ministers are members, told business and labour leaders on Monday that a range of interventions have been made at a time when South Africans was enduring blackouts of as much as 12 hours a day.
INDUSTRY NEWS
- DMRE to push for Cabinet approval of new-look IRP by end-March despite big revisionsNovember 26, 2024 - 6:04 pm
- NTCSA appoints EPC suppliers for transmission substationsNovember 25, 2024 - 5:05 pm
- Eskom finalises technical breakthrough enabling it to extend deadline for meter conversionsNovember 25, 2024 - 1:04 pm
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