Entries by

SAB switching to renewable electricity to brew Castle Lite

South African Breweries (SAB) has committed to brewing with renewable electricity by 2025 as part of its efforts to take pressure off the national electricity grid and to meet its sustainability goals. The move is in line with holding company Anheuser-Busch InBev (AB InBev) globally committing to the 2025 Sustainability Goals in climate action by adding renewable electricity capacity to regional grids and to reduce carbon dioxide (CO2) emissions globally.
January 4, 2022 by

A Pebble-Bed Modular Nuclear Reactor supplies grid electricity – in China

Last month, a Pebble-Bed Modular Reactor (PBMR) nuclear power plant (NPP) was connected to an electricity grid and began to supply power to its region. This took place on December 20, at the Shidaowan NPP in China’s Shandong province. “From this moment on, the electricity generated from the Shidaowan nuclear power plant will be dispatched by the state to deliver daily electricity to thousands of households,” highlighted Tsinghua University. The PBMR NPP is composed of two reactors, which drive a single 210 MWe turbine. The first of the PBMRs achieved criticality in September and the second followed suit in November. It was the steam produced by the first reactor that was used to test the turbine. The official designation of the Chinese version of the PBMR concept is High Temperature Gas-Cooled Reactor – Pebble-bed Module (HTR-PM).
January 3, 2022 by

Eskom expects clarity on transmission unit start early this year

Power utility Eskom Holdings expects clarity early this year around the start of its independent transmission unit, which still awaits licence approvals and the sign-off of creditors. Separating the business, with generation and distribution arms to follow, is part of the company’s strategy to return to profitability. Eskom signed a legally binding agreement with the new subsidiary, though a number of steps remain before the process is complete.
January 3, 2022 by

Eskom splits off transmission division

South African power utility Eskom said on Monday it had executed the separation of its transmission division, subject to certain conditions, in line with an end-December deadline set in a restructuring plan. President Cyril Ramaphosa said in 2019 that the debt-laden utility would be split into three divisions – generation, transmission and distribution – to improve management of a company that has relied heavily on government bail outs and frequently implements nationwide power cuts.
December 21, 2021 by

Global coal-fired power demand at all-time high, threatening net zero goals

Global coal-fired electricity generation is powering towards an all-time high, as the rapid economic recovery of 2021 has pushed up demand faster than low-carbon supplies can keep up, while steeply rising natural gas prices have made coal more competitive, says the International Energy Association (IEA).

In its ‘Coal 2021’ report, published on December 17, the IEA states that electricity generation from coal is forecast to jump by 9% in 2021, to a record 10 350 TWh.

December 17, 2021 by

Eskom set to halve FY loss to R9bn, but R392bn debt remains ‘unsustainable’

State-owned electricity utility Eskom expects to cut its full-year loss to R9.1-billion in 2021/22, from R18.9-billion in 2020/21, but warns that its debt position remains unsustainable despite some positive financial momentum during the six months to September 30, including a reduction in its overall debt to R392-billion. CEO André de Ruyter reported on Thursday that Eskom made a R9.2-billion profit during the first half of its financial year, on the back of higher tariffs (15.06%) and sales volumes (8%) and reduced costs (R20-billion in savings targeted).
December 15, 2021 by

Eskom to release Mpumalanga land to catalyse investments in sub-100 MW renewables projects

Public Enterprises Minister Pravin Gordhan has announced that Eskom is preparing to release land in the coal-rich Mpumalanga province for sub-100 MW distributed electricity projects that can now be built without a licence and wheel electricity through the grid for self-consumption, or for sale to third-party consumers. Speaking during the State-owned utility’s interim results presentation, Gordhan said that Eskom owned about 36 000 ha of unutilised land in Mpumalanga, including in and around eMalahleni, which had also been designated as a Renewable Energy Development Zone.
December 15, 2021 by

REIPPPP Bid Window 5 to provide important link in local value chain

Wind turbine original-equipment manufacturer (OEM) Nordex Energy South Africa sees Bid Window 5 (BW5) of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) as an important link in driving the local value chain, saying it will directly stimulate the domestic job market.

MD Compton Saunders says the wind power industry is expected to drive an estimated R40-billion of investment each year over the next decade, with a fairly large percentage to come from the economic benefits of stimulating the local value chain.

December 15, 2021 by

DMRE releases Gas Masterplan base case report

The Department of Mineral Resources and Energy (DMRE) has released the Gas Masterplan base case report for public comment.

The Gas Masterplan, once developed, will serve as a policy instrument, providing a roadmap for taking strategic, political and institutional decisions, which will guide industry investment planning and coordinated implementation.

December 15, 2021 by

Ellies reports first-half loss in earnings despite load-shedding boom

JSE-listed diversified electronic and alternative energy products manufacturer and distributor Ellies, impacted by global and local supply chain challenges of the Covid-19 pandemic, the July civil unrest and weak trading conditions, has reported a loss before interest, taxes, depreciation and amortisation of R19.5-million for the six months ended October 31.

This is attributable to a 38.2% decrease in gross profit when compared with the comparative reporting period of 2020.

December 15, 2021 by