Amid a likely proposal that Eskom be allowed to extend the life of certain coal power stations beyond the decommissioning dates outlined in the Integrated Resource Plan, the Presidential Climate Commission (PCC), which is chaired by President Cyril Ramaphosa, reaffirmed its support for the broader reforms under way in the energy sector, as well as the Energy Action Plan (EAP). In a statement issued following a meeting that took place in Johannesburg on Thursday, the commission expressed particular support for the creation of an independent transmission company, as well as the lifting of the cap on embedded generation, and moves to incentivise rooftop solar generation.
International finance institution the World Bank has proposed a new framework to help develop a comprehensive financing approach for the energy transition. This comes as developing countries require an unprecedented transformation of power sector infrastructure, which includes scaling up of energy efficiency and renewable energy, as well as phasing down of coal-fired power generation.
The Energy & Water Sector Education Training Authority (EWSETA), together with the Department of Higher Education and Training and the United States Agency for International Development (USAID) on April 19 launched a renewable energy skills development programme for 100 women. The Electrical Engineering Renewable Energy Specialisation Skills Development Programme is seeing 100 artisans in electrical engineering being upskilled in renewable energy, over a six-month period.
Small and medium-sized enterprise (SME) financier Business Partners has launched a R400-million Energy Fund aimed at helping SMEs finance viable sources of alternative electricity and thereby keep them in business during loadshedding.
According to data published by the South African Reserve Bank, the accumulative loss business of Stage 6 loadshedding amounts to between R204-million and R900-million a day, with a portion of these losses incurred by thousands of small businesses that do not have the resources to install back-up sources of energy.
The Organisation Undoing Tax Abuse (Outa) has submitted written comments to the National Treasury on its proposal to exempt State-owned utility Eskom from disclosing irregular, fruitless and wasteful expenditure in its yearly financial statements for 2022/23 and the following two years. A Government Gazette notice granting the exemption from the relevant section of the Public Finance Management Act (PFMA) and Treasury regulation was published on March 31; however, following public outcry, it was withdrawn on April 6 and replaced by a call for comments on a proposed exemption.
South African President Cyril Ramaphosa pledged to meet the nation’s net-zero carbon emission target despite a push to keep coal-fired power plants open. Ramaphosa met with the Presidential Climate Change Commission on Wednesday to review reports it produced after its members met with communities and other stakeholders over the impact of the country’s climate goals, said Crispian Olver, executive director of the panel.
As the majority of the world embraces a shift in electricity generation away from fossil fuels towards greener, renewable sources of energy, Africa faces several challenges in attracting investment capital to undertake a significant energy transition, renewable energy support foundation Renewable Energy Solutions for Africa (RES4Africa) secretary general Roberto Vigotti stated on April 19.
Speaking during the first of RES4Africa’s Online Lab series, he said Africa’s energy sector was faced with five main decisions about its green energy trajectory, including its ambitions to achieve universal access to energy, meeting energy demand growth and building a reliable power system.
South African financial institution Standard Bank has highlighted that its online “home knowledge hub” LookSee provides extensive information regarding the choice, installation, financing and support of solar power systems for homeowners. (Standard Bank is not to be confused with UK-based multinational Standard Chartered Bank; the former ceased to be a subsidiary of the latter in 1987.) “Sunny South Africa gets more than 2 500 hours of sunshine a year and it ranks among the top three countries in the world in average direct solar radiation,” pointed out Standard Bank digital and eCommerce head Andrew van der Hoven. “Furthermore, as an infinite resource, solar power doesn’t just offer a way to keep the lights on, it also helps the environment by greatly reducing carbon emissions.”
A plan by South Africa’s state power utility to circumvent pollution controls at one of its two biggest coal-fired plants to enable it to bolster its generation capacity may lead to hundreds of deaths, according to the Centre for Research on Energy and Clean Air (CREA). Eskom Holdings’ application to partially bypass its flue-gas desulfurization unit at the Kusile station for just over a year could see it emit 280,000 extra tons of sulfur dioxide, while mercury emissions would jump 40%, the Helsinki-based pollution research nonprofit said in a report sent to Bloomberg News. It estimates that about 680 people could die as a result.
The South African Local Government Association (Salga) has acknowledged with concern the debt spiral that both State-owned utility Eskom and municipalities currently face. Municipalities were owed R306-billion as at December 31, 2022, while municipalities, in turn, owe Eskom R56.3-billion.
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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