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Bill outlines broad ‘energy value chain’ mandate for State petroleum company

Mineral Resources and Energy Minister Gwede Mantashe has released a draft Bill for public comment outlining the establishment of the South African National Petroleum Company (SANPC), which the proposed legislation defines as the “State’s energy champion and facilitator of energy infrastructure across the energy value chain”. The Bill states that the Minerals Resources and Energy Minister will be the sole shareholder of the SANPC.
November 14, 2023 by

South African unions to launch just transition labour research centre

Four South African trade union federations have come together to launch a just transition research centre to develop the technical expertise to help the labour movement in addressing the potential risks posed to workers as a result of the restructuring that will accompany the transition to greater climate resiliency. The centre will initially be housed at Trade and Industrial Policy Strategies (TIPS) and will be supported by the Congress of South African Trade Unions, the Federation of Unions of South Africa, the National Council of Trade Unions and the South African Federation of Trade Unions.
November 10, 2023 by

Africa must do more to advance its own development – Manuel

Africa’s business sector and governments must push harder in addressing the challenges facing the continent, as the biggest threat to its development is complacency, said insurance and investment management company Old Mutual chairperson and former South Africa Finance Minister Trevor Manuel. “Economic growth of Southern Africa this year is expected at 2.5% and may go higher over time. However, the demographic dividend suggests that the population is growing faster than the economy is growing.
November 10, 2023 by

Reducing grid reliance to reduce costs

With loadshedding impacting productivity and income generation, and increasing safety and security risks, investing in solar photovoltaic (PV) has become more common. Consequently, getting a thorough electrical usage and needs analysis done to determine the best system design is a need that renewable-energy franchise One Energy Group helps companies meet, providing guidance to ensure that they receive a favourable return on their solar investment. “The proper monitoring and analysis of electricity usage will reveal when the peak electricity demand happens and how much is used on a variety of circuits,” One Energy Group marketing director Teresa Settas explains.
November 10, 2023 by

Thermal solutions increase efficiency

An integrated site energy management plan is strongly advised amid South Africa’s power constraints, as it demonstrates opportunities – such as integrating electrical and thermal systems – to increase overall energy efficiency, says steam and boiler operations and maintenance service provider Associated Energy Services (AES). In terms of alternative energy solutions and the optimisation of manufacturing plants, “it’s all about preserving resources of production and any reduction in their use through efficient processes, operations or systems integration to lower production costs”, says AES commercial director Dennis Williams.
November 10, 2023 by

New spray increases energy efficiency

Sustainability has propelled the creation of new technologies, with the economical use of energy resources becoming an important objective within metalworking companies, says fluid technology solutions specialist technotrans business development manager Hary Kosciesza. Consequently, technotrans Sassenberg will be introducing its new resource-preserving spray lubrication systems at the Blechexpo 2024. 
November 10, 2023 by

Eskom’s Hex battery the first of eight utility-scale projects being deployed across four provinces

Eskom has officially started operating the first of eight utility-scale battery energy storage system (BESS) projects being introduced as part of Phase 1 of a World Bank-funded programme to add batteries with a combined storage capacity of 199 MW and the ability to discharge 833 MWh of electricity over a minimum of four hours. The project in question is the 20 MW/100MWh Hex BESS site, which has been built on Eskom’s distribution network in Worcester in the Western Cape using batteries supplied by Hyosung, of South Korea.
November 9, 2023 by

South Africa still weighing impact of charging Eskom interest

South Africa is still assessing the effect of adding interest to a R254-billion debt relief package for state-owned Eskom Holdings as the company prepares to split into three, according to a National Treasury official. Treasury announced in last week’s budget that it would convert the loans in the deal announced in February from interest free to interest bearing — at a rate yet to be determined — to better reflect the cost of the arrangement.
November 9, 2023 by