Less than a week after Electricity Minister Kgosientsho Ramokgopa said he was confident that Eskom had enough generating capacity to withstand the cold weather, the power utility announced the implementation of Stage 6 loadshedding. “Due to the loss of additional generating units overnight, the extensive use of Open Gas Cycle Turbines and the inability to replenish pumped storage dam levels, Stage 4 load shedding will be implemented at 07:00 this morning until 14:00,” the utility said.
The eThekwini Metro says its already fragile electricity grid will be at a higher risk after the National Energy Regulator of SA (Nersa) rejected its proposed 18.5% electricity tariff hike. In a letter addressed to city manager Musa Mbhele, which News24 has seen, Nersa CEO Nomalanga Sithole said, at a meeting on 2 June, it approved a 15.1% tariff increase for the 2023/24 period.
The market for critical minerals used in electric vehicles, solar panels and wind turbines has doubled over the past five years, reaching $320-billion in 2022, and is expected to continue to growth strongly amid record deployments of clean energy technologies such as solar and batteries. The International Energy Agency’s (IEA’s) inaugural ‘Critical Minerals Market Review’ shows that, from 2017 to 2022, the energy sector has been the main factor behind a tripling in overall demand for lithium, as well as the 70% jump in demand for cobalt and the 40% rise in nickel demand.
Eskom on Monday announced that Stage 2 and 4 loadshedding will continue to be implemented until further notice. This was due to increased demand, it said.
Struggling Capetonians are feeling the pinch after the City of Cape Town’s 17.6% electricity tariff increase came into effect from July 1. Locals are up in arms saying they are getting no value for their money.
Electricity Minister Dr Kgosientsho Ramokgopa says the first part of the Energy Action Plan’s (EAP’s) two-part goal of reducing the intensity of loadshedding has been largely achieved as the plan approaches its first-year anniversary. However, he says more work is required to address the second part, which relates to reducing the frequency of power cuts, which remain a daily reality. Delivering his weekly update on the implementation of the plan as the high-load Gauteng province was being hit by a cold front, Ramokgopa moved to highlight the supply and demand improvements that had been made since the EAP’s unveiling by President Cyril Ramaphosa on July 25 last year.
Eskom reports that concessional funding of $497-million secured for the repowering and repurposing of the Komati coal power station, in Mpumalanga, is expected to become effective at the end of July. The final unit of Komati, which entered into commercial operation in 1961, was shut on October 31 last year and the site has since emerged as the flagship location for Eskom’s Just Energy Transition (JET) strategy.
Democratic Republic of Congo and South Africa on Thursday pledged to revive Congo’s giant Inga 3 hydroelectric project that South Africa hopes will help solve its crippling power crisis. The $14-billion project, which will harness the power of the Congo River, has been repeatedly delayed by red tape and disagreements between Congo and its partners.
Grid capacity constraints and skills shortages have been highlighted by several renewable industry leaders as the primary issues that are holding South Africa back from overcoming the current energy crisis. In a webinar hosted by Creamer Media last month, pundits from various industry bodies discussed the role that renewable energy might play in assisting South Africa in overcome loadshedding.
The KwaZulu-Natal Industrial Technology Exhibition, also known as KITE, will be held at the Durban Exhibition Centre from July 18 to 20 for the fortieth consecutive year. Attendance numbers are expected to exceed those of last year, at 2 716, even though the 2022 event was the first in-person trade show to be hosted following the Covid-19 lockdowns.
INDUSTRY NEWS
- IMF urges South Africa to prioritise ongoing electricity and logistics reform to enhance …November 27, 2024 - 5:04 pm
- Eskom reports successful conversion of its prepaid customer base to KRN 2November 27, 2024 - 12:04 pm
- Eskom welcomes S&P rating upgrade to positive from stableNovember 27, 2024 - 11:04 am
WHERE TO FIND US
Address
9 Yellow Street
Botshabelo Industrial Area
Botshabelo, Free State
Call / Email Us
Tel: +27 (0) 51 534 1651
Email: info@transfix.co.za