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Reform momentum must be sustained ‘regardless of the form or composition’ of new government

President Cyril Ramaphosa has underlined the importance of the new government – which is yet to be formed after no single party secured an outright majority in the recent elections – continuing with the economic reforms under way in the electricity, logistics, water and telecommunications sectors. Writing in his weekly newsletter days after the national executive committee of the African National Congress (ANC) agreed that it should initiate talks with other parties on the formation of a possible government of national unity (GNU), Ramaphosa insisted that there was “broad support for the continuation of economic reforms” that have been spearheaded under Operation Vulindlela.
June 10, 2024 by

SAWEA, Germany’s BWE partner to stimulate wind energy investment

Industry organisation the South African Wind Energy Association (SAWEA) and the German Wind Energy Association (Bundesverband Windenergie or BWE) signed a memorandum of understanding on June 6 with the mutual goal of promoting wind energy and advancing renewable energy solutions globally. The South African and German markets are expected to attract investment and facilitate knowledge exchange, with South Africa learning from Germany’s extensive experience in wind energy technology and infrastructure, SAWEA said in a statement.
June 6, 2024 by

Eskom ‘decouples’ renewables roll-out from coal station closure plan

Eskom CEO Dan Marokane reports that a decision has been made to “decouple” the closure of its coal stations from the building, in partnership, of new renewable energy generation capacity linked to its goal of being a net-zero emitter by 2050 and the just energy transition strategy. In an address to members of the South African National Energy Association, Marokane also revealed that a board decision had been made for Eskom to participate directly in renewables projects on land adjacent to its existing power stations rather than releasing those grid-ready sites to private generators.
June 6, 2024 by

Marokane says R285m spent on diesel in May compared with R2.8bn in May 2023

Eskom CEO Dan Marokane has rebuffed persistent suggestions that the utility is keeping loadshedding at bay owing to an “excessive” reliance on the diesel-fuelled open cycle gas turbines, reporting that it spent R285-million on diesel during May compared with R2.8-billion in the same month last year and against a budget for the month of R1.7-billion. Addressing the South African National Energy Association AGM against a backdrop of deep suspicion about how Eskom has managed to avoid resorting to rotational power cuts for 71 days, including over a highly competitive election period, Marokane attributed the stabilisation to the Generation Recovery Plan, which had been under way since March 2023.
June 6, 2024 by

Namibia’s audacious plan to become a global green hydrogen hub

Early in May, King Philippe of Belgium was on the edge of the Namib desert to inaugurate a project that aims to help decarbonize European industry, and which might just enable one of Africa’s smallest economies to hit the clean-energy big time. It was a humble start for such grand designs, as Namibian President Nangolo Mbumba hosted the king at an unfinished site near the port of Walvis Bay on the southern Atlantic Ocean, the baking rust-colored dunescape silent except for an occasional truck passing on the new roadway.
June 6, 2024 by

Investment in clean energy to reach $2tr this year, outpacing investment in fossil fuels

Investment in clean energy technologies will climb to $2-trillion this year, almost double the amount spent on fossil fuels, according to the International Energy Agency (IEA). Two-thirds of the record $3-trillion invested in energy sources in 2024 will be devoted to sectors such as renewables, electric vehicles, nuclear power, grids, storage and efficiency, even as higher financing costs hinder projects, the Paris-based agency said. The remaining $1-trillion will go to coal, gas and oil — a level that’s still too high to conform with global climate goals.
June 6, 2024 by

Eskom confirms conviction of suspect found tampering with infrastructure at Matla

State-owned power utility Eskom reports that one of the two accused suspects in a case involving critical infrastructure tampering has been convicted at the Kriel Magistrate Court and sentenced to ten years’ imprisonment.

The two suspects were arrested on February 24, 2022, on suspicion of stealing copper bars and installed copper at a substation in Mpumalanga. Eskom used drone surveillance to confirm the crime and suspects involved.

June 5, 2024 by