Eskom has issued a second tender for land leases that might see the constructing of as a lot as 500 megawatts of era capability, it stated in a press release.
The request for proposals, that may shut on February 27, is a part of a program to encourage personal producers to develop initiatives that may contribute to electrical energy provide. The 4 parcels of land in the most recent part are in Mpumalanga province.
The preliminary course of concluded lease agreements with 5 impartial producers for the event of an estimated 1,800 megawatts.
Cape Town to Seek 1 GW of Power Supply (Jan. 26 13:29 p.m.)
Cape Town, South Africa’s second-biggest metropolis, plans to make its largest try but to cut back its reliance on the ailing nationwide energy utility by holding a young subsequent month for the availability of as a lot as 1,000 megawatts of energy to the municipality.
The tender will search so-called dispatchable energy, which could be provided at any time when it’s wanted from anyplace in the nation. The transfer comes because the nation’s endures its worst-ever vitality disaster, with Eskom struggling to fulfill demand and imposing document blackouts.
Cape Town’s plans comply with laws handed in 2020 that enables municipalities to purchase electrical energy from suppliers aside from Eskom.
Johannnesburg Weighs Power Fund (Jan. 26 12:50 p.m.)
The City of Johannesburg is contemplating establishing an infrastructure fund to finance a R400 million plan to implement measures geared toward mitigating energy outages, Mayor Mpho Phalatse stated.
The cash can be used to fund the recommissioning of emergency energy vegetation, the implementation of a system to control high-energy use tools similar to geysers and swimming pool motors, and the implementation of a smart-meter system to restrict the quantity of electrical energy distributed to residents’ houses, Phalatse stated at a media briefing on Thursday.
The metropolis plans to method development-finance establishments, personal firms and the federal government to finance the venture, she stated.
Blackouts Threaten Platinum Mines (Jan. 26, 11 a.m.)
South Africa’s worst-ever energy blackouts that curbed platinum and palladium output in 2022 proceed to pose a menace to manufacturing, in accordance with Impala Platinum.
“If things don’t get better soon, then we are likely to have a worse period this year than last,” the corporate’s spokesman Johan Theron stated in an interview. “If it gets worse, it will get to a point when you have certain days where we will stop sending people underground.”
South Africa mines roughly 70% of the world’s platinum and about 40% of all palladium, in accordance with Metals Focus Ltd. Both are primarily used in autocatalysts that minimize auto emissions.
ANC Blames Everyone But Itself for Power Crisis (Jan. 25, 7:10 p.m.)
Senior members of South Africa’s governing African National Congress blamed a variety of things outdoors their management for an electrical energy disaster {that a} labor union ally stated is prone to value the occasion victory in subsequent yr’s elections.
Energy Minister Gwede Mantashe informed a gathering in Johannesburg that state energy utility Eskom isn’t exhibiting the required urgency to enhance its coal-fired vegetation and an emergency-procurement program has been scuppered by lawsuits. Public Enterprises Minister Pravin Gordhan added that Eskom, which he oversees, has suffered a sequence of mishaps and is hobbled by corruption.
Eskom Ramps Up Power Cuts as Generators Break (Jan. 25, 6:04 p.m.)
Eskom minimize 5 000 megawatts as an alternative of three 000 megawatts from the nationwide grid from 5am on Thursday after 4 producing models broke down and one other two couldn’t be returned to service. The utility plans to oscillate between 4 000-megawatt and 5 000-megawatt rolling blackouts till midnight Sunday.
Eskom Weighs Nuclear Fuel Impact After Pact Ends (Jan. 25, 3:56 p.m.)
Eskom is inspecting how the suspension of a pact that allows it to import nuclear gas elements from the US will have an effect on its sole atomic plant.
The Agreement for Cooperation in Peaceful Uses of Nuclear Energy between the US and South Africa expired on December 4. That resulted in Westinghouse Electric Co. dropping its license from the US Nuclear Regulatory Commission to export fuel-assembly elements to Eskom’s Koeberg plant close to Cape Town.
The growth could frustrate Eskom’s efforts to finish document nationwide energy outages which are crimping the financial system. The matter may very well be raised with US Treasury Secretary Janet Yellen, who’s visiting South Africa this week.
ANC Energy Crisis Meeting Disrupted by Blackout (Jan. 25, 4:30 p.m.)
An vitality convention in Johannesburg organized by the ANC was disrupted when a scheduled blackout meant that on-line audio system couldn’t be heard. After about quarter-hour of disruption, on-line attendees had been directed to the occasion’s social media accounts to observe the remainder of the assembly.
Capital City Owes Eskom $81 Million (Jan. 25, 11:58 a.m.)
The Tshwane municipality, which South Africa’s capital, Pretoria, owes Eskom R1.4 billion for electrical energy.
Tshwane has been “erratic” in paying its invoice and that exacerbates Eskom’s cash-flow disaster, the corporate stated in assertion on Wednesday. The utility threatened in August to disconnect the municipality.
“Eskom does not have the financial capacity to finance the City of Tshwane’s operations and calls on the city to do right by its residents and pay the bulk electricity account to enable Eskom to continue supplying electricity to the city,” it stated.
© 2023 Bloomberg