With the City of Cape Town being an emerging leader in the new energy space in South Africa, Cape Town Mayor Geordin Hill-Lewis says hosting the Africa Energy Indaba (AEI) at the Cape Town International Convention Centre (CTICC) bodes well for the city’s energy plans. “While we want to focus the attention on Cape Town as a tourism and event’s destination, we also want to showcase the innovative work that the city is doing on energy: reducing our reliance on State-owned power utility Eskom, increasing our reliance on renewable power, buying our own independent power and generation capacity and investing in storage. Our plans regarding the procurement of significant renewable power of our own in Cape Town will be publicly released in upcoming weeks.”
The South African Electrotechnical Export Council (SAEEC), supported by the Department of Trade, Industry and Competition (DTIC), is collaborating with the Africa Energy Indaba (AEI) to profile South African companies in the energy sector at the event. SAEEC is coordinating the engagement between business advisers from Africa with South African companies, and collaborating with AEI organisers regarding content to be discussed at the event.
The National Cleaner Production Centre South Africa (NCPC-SA) aims to raise awareness of the importance of Power Quality in the manufacturing industry at this year’s Africa Energy Indaba (AEI). Power Quality refers to the degree to which a power system conforms to established standards; in the South African context the standard is NRS048. It refers to voltage, waveform, and frequency parameters of power, and deviations in these parameters affect equipment connected to the power system in its ability to function properly.
Engineering procurement and construction (EPC) company Lesedi is participating at this year’s Africa Energy Indaba (AEI) as a gold partner, says Lesedi business development executive Shane Pereira. This will be the company’s eighth year of participation.
This year’s Africa Energy Indaba (AEI) will focus on the growing need for energy access throughout Africa, says exhibitions company Siyenza MD Liz Hart. The event will be held at the Cape Town International Convention Centre (CTICC) from 1 to 2 March 2022.
Law firm Norton Rose Fulbright will participate at this year’s Africa Energy Indaba as a partner, providing a legal perspective on energy sector laws. The global law firm provides a business law service, with an industry focus throughout major key industries, including the energy industry.
Forestry, Fisheries and the Environment Minister Barbara Creecy has welcomed the announcement by Finance Minister Enoch Godongwana that government plans to progressively increase the carbon price every year to reach $20/t of carbon dioxide equivalent (CO2e) by 2026, $30/t of CO2e by 2030 and $120/t of CO2e by 2050. “This policy trajectory for the carbon tax really will be very helpful in allowing us to achieve the Nationally Determined Contribution that we submitted for 2025 and 2030 to the United Nations in October last year,” she noted.
The National Energy Regulator of South Africa (Nersa) announced on Thursday that Eskom’s tariff would rise by 9.61% on April 1, an increase that is less than half the 20.5% hike for which Eskom had applied. The tariff decision includes allowable revenue of R250-billion, against the R293-billion for which Eskom applied, which translates to a sub-inflation increase in the retail tariff of 3.49%.
South Africa’s government intends making it mandatory for all metal traders to get licenses and prevent them from dealing in cash, a measure aimed at combating a massive illegal trade in cables and wiring stripped from rail, power and telecommunication lines. Traders will also be required to conduct due diligence on their customers and track the origins of their products, the National Treasury said in the annual budget review, which was published in Cape Town on Wednesday.
South Africa is looking to build out funding opportunities and partnerships with international donors and countries that are aiming to decarbonise their own economies through the use of green hydrogen, Department of Science and Innovation (DSI) hydrogen and energy chief director Rebecca Maserumule said this week. In an address at the Energy & Mines virtual summit, on February 23, she outlined the highlights of South Africa’s newly released Hydrogen Society Roadmap, which was unveiled by Higher Education, Science and Innovation Minister Blade Nzimande earlier in the month.