ANC offers strong endorsement of Eskom’s just energy transaction following lekgotla

Mining News Pro - The National Executive Committee (NEC) of the African National Congress (ANC) has given its backing to the just energy transaction being pursued by State-owned electricity producer Eskom.

ANC offers strong endorsement of Eskom’s just energy transaction following lekgotla

Mining News Pro - The National Executive Committee (NEC) of the African National Congress (ANC) has given its backing to the just energy transaction being pursued by State-owned electricity producer Eskom.

Eskom approves higher Duvha coal price

Mining News Pro - State-owned electricity producer Eskom confirmed on Monday that the Duvha coal supply agreement (CSA) had been increased to facilitate the sale of South32’s majority shareholding in South32 SA Energy Coal Holdings (SAEC) to black-owned resources group Seriti.

Eskom highlights financial limitations as it mulls industrial applications for discounted tariffs

Mining News Pro - State-owned electricity producer Eskom confirms that it has been approached by customers in various industrial sectors with regard to possible applications for discounted Negotiated Pricing Agreements (NPAs), but says its weak financial position prevents widespread implementation.

Seriti rejects calls for probe into South32 deal that will make it Eskom`s largest coal supplier

Mining News Pro - Under siege Seriti Resources whose impending acquisition of South32 coal mines has raised calls for an investigation has dismissed the complaints against it as "vague" lacking substance.

Eskom, Sasol face government ultimatum to meet emission limits

Mining News Pro - Eskom Holdings and Sasol, South Africa’s two biggest polluters, must comply with emission limits even if it costs them tens of billions of rand, Environment Minister Barbara Creecy said.

Eskom board to initiate probe into racism allegations against De Ruyter

Mining News Pro - The Eskom board has resolved to initiate an investigation into an allegation of racism made against CEO André de Ruyter, indicating in a statement that an independent senior counsel would be appointed to conduct the probe.

Eskom could launch bidding for repurposing and repowering of Komati within two months

Mining News Pro - Eskom is preparing a pioneering request for proposals (RFP) for the repowering and repurposing of the Komati power station, in Mpumalanga, which is among the first four coal plants scheduled for decommissioning in the coming few years.

Zondo blasts `negligent` former Eskom board over R1.68bn prepayment to Gupta entity

Mining News Pro - Failure by the 2015 Eskom board to interrogate the submission to authorise a R1.68-billion prepurchase payment to a Gupta-owned company cast doubt on the directors prudence, with State Capture Commission chairperson Deputy Chief Justice Raymond Zondo going as far as calling them negligent on Wednesday.

Eskom, Sasol rebuffed, Creecy says as she fights pollution suit

Mining News Pro - Environmental Affairs Minister Barbara Creec said she rejected pleas for leniency from senior executives at the country’s two biggest air polluters as she responded to a lawsuit that says her office has breached constitutional rights to clean air.

Eskom approaches court to have R23bn equity injection added back this year

Mining News Pro - State-owned electricity utility Eskom will make the case later this month for the immediate execution of a High Court order stipulating that an amount of R23-billion stripped unlawfully from its allowable revenue in 2019 by the National Energy Regulator of South Africa (Nersa) be added back during its 2021/22 financial year.

There was no alternative to Eskom`s R1.68bn prepayment to Tegeta

Mining News Pro - Matshela Koko, the former head of generation at Eskom, told the state capture commission of inquiry that there was nothing wrong with a controversial R1.68-billion pre-payment which the power utility made to Gupta-owned Tegeta Exploration and Resources after the company clinched a coal supply deal in 2015.

Eskom’s bailout emerging as equity swap by biggest bondholder

Mining News Pro - South Africa’s biggest pot of available cash – R1.91-trillion of civil-servant pensions and unemployment funds managed by the Public Investment Corporation (PIC) – is emerging as the key to rescuing the debt-stricken national power monopoly.

EIUG notes concern about Eskom`s operational

Mining News Pro - The Electricity Intensive Users Group of Southern Africa (EIUG) says it remains concerned about the operational and financial performance of power utility Eskom.

Eskom moves to finalise just energy transition framework as shutdown of Grootvlei

Mining News Pro - Eskom expects to complete its socioeconomic impact studies by the end of March for the planned shutdown of the Grootvlei, Komati and Hendrina power stations, in Mpumalanga, which are the first of ten coal plants scheduled for decommissioning by 2040.

Eskom moves to appoint advisers to structure `green` transaction

Mining News Pro - South Africa’s coal-heavy power utility is moving to appoint financial advisers to assist it in structuring a potential transaction that could unlock discounted ‘green’ funding for the debt-laden State-owned entity in return for it meeting agreed decarbonisation targets.

Eskom tests market for Medupi flue gas desulphurisation solutions

Mining News Pro - Eskom has issued a no-obligation request for information (RFI) in a bid to gain insight into what flue gas desulphurisation (FGD) technologies are currently available and to assess their potential suitability for deployment at the Medupi power station, in Limpopo.

Eskom launches new ‘system status’ portal in bid to begin bolstering transparency

Mining News Pro - South Africa’s electricity utility Eskom has added a new page to its website through which it is providing information relating to the status and performance of the power system, including the use of load-shedding as a mechanism to stabilise the national electricity grid.

Eskom resumes rolling blackouts after generation units break down once more

Mining News Pro - South African utility Eskom said on Tuesday it would be forced to resume rotational power cuts from 12:00 to 22:00 due to breakdowns in its generating units which slashed power supply

Eskom replaces energy chief

Mining News Pro - Eskom Holdings, South Africa’s monopoly power utility, shuffled some senior managers weeks after missing its own target for restricting power outages.

Eskom initiates procurement process for first large-scale battery energy storage system

Mining News Pro - Electricity utility Eskom has called for bids for the design and construction of a battery energy storage system (BESS) to be installed at the Skaapvlei substation at Vredendal, in the Western Cape, where the group’s 100 MW Sere wind farm is located.

ANC suggests pension funds take some Eskom assets

Mining News Pro - The Economic Transformation Committee of South Africa’s ruling African National Congress suggested that pension funds take over some of the assets of the indebted state power company.

South African court sides with Eskom in clawback dispute

Mining News Pro - South Africa’s High Court on Monday sided with Eskom in a dispute over the amounts energy regulator Nersa allowed the state utility to claw back from customers for electricity supplied in the 2014/15, 2015/16 and 2016/17 financial years.

Eskom’s new just energy transition office assessing green finance options for repurposing of old coal stations

Mining News Pro - Eskom CEO Andre de Ruyter reports that the State-owned utility’s newly created just energy transition (JET) project office is evaluating green financing options that could help accelerate the deployment of renewables and facilitate the repurposing of its older coal plants in ways that improve Eskom’s sustainability and sustain livelihoods in coal mining towns.

Eskom informs lawmakers it will not meet DPE`s unbundling timeline

Mining News Pro - In a presentation to lawmakers on Wednesday, Eskom indicated that it would not meet the unbundling timetable outlined for the vertically integrated power utility by the Department of Public Enterprises (DPE) in a policy paper released in October, titled a ‘Roadmap for Eskom in a Reformed Electricity Supply Industry’.

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