KEY POINTS South Africa’s state-owned power utility, Eskom, has reported a sharp increase in profits, marking its second consecutive profitable year after nearly a decade of financial losses. The utility …
Energy Transition
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KEY POINTS South Africa’s state-owned power utility Eskom has reported a sharp improvement in its financial performance, recording a R30.3 billion profit after tax for the financial year ended March …
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KEY POINTS Three years after the Federal Government began promoting compressed natural gas, CNG, as a cheaper alternative to petrol, the initiative has yet to gain significant traction among private …
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Energy TransitionIn the News
14 South African Municipalities face Eskom Power Cuts Over Unsigned Deals
KEY POINTS Fourteen municipalities across South Africa are facing the possibility of electricity supply interruptions after failing to conclude Distribution Agency Agreements (DAAs) with Eskom ahead of a September 1 …
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KEY POINTS Sahara Power Enterprise Group has commenced construction of a $12 million gas-fired Independent Power Plant (IPP) in Lagos as part of efforts to improve electricity supply to businesses …
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KEY POINTS Shares in Italian energy giant Eni fell for the fifth consecutive trading session on Thursday as investors remained concerned about the possibility of a new windfall tax on …
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KEY POINTS South Africa’s power utility Eskom has safely taken Unit 1 of the Koeberg Nuclear Power Station offline following a turbine trip early Thursday morning. Eskom said the unit …
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KEY POINTS South Africa’s mining companies are rapidly increasing their investment in renewable energy as they seek to reduce dependence on the country’s state-owned electricity utility, Eskom, lower operating costs …
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KEY POINTS South Africa’s only nuclear power station, Koeberg Nuclear Power Station near Cape Town, has been forced to reduce electricity generation after a large buildup of dead sardines blocked …
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KEY POINTS Johannesburg has cleared its outstanding electricity debt to South African state power utility Eskom, bringing an end to a dispute that had threatened to trigger a major power …