Nersa extends the deadline for comments on Eskom’s proposal to reserve grid space for IPPs, aiming to stabilize South Africa’s electricity supply with more renewable energy.
In the News
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Saudi Arabia is contemplating a multi-billion dollar share sale of oil giant Aramco as early as June. This potential deal could raise around $10 billion and be a significant step towards the country’s economic diversification goals.
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The Development Bank of Southern Africa is negotiating to establish an office to manage auctions for transmission projects, enhancing grid integration for renewable energy.
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Outa’s CEO, Wayne Duvenage, criticizes the Karpowership deal for environmental risks and poor public consultation. The government defends it for energy security, while Outa seeks a legal halt for a thorough review.
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Amid escalating shareholder tensions, Republican states advocate for ExxonMobil, underscoring deep divides over corporate environmental policies.
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UNDP’s report identifies six measures to boost green business growth in Africa, emphasizing investment and sustainability for renewable energy development.
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Natural gas remains vital for South Africa’s energy security and transition to renewables, offering a cleaner alternative to coal and supporting economic growth
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Schneider Electric introduces EVLink, a new electric vehicle charging solution tailored for the African market, aimed at supporting the continent’s shift towards electric vehicles.
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Russia admitted to exceeding its oil production quota for April, attributing it to technical challenges. This surprise move casts doubt on Russia’s commitment to coordinated production cuts with OPEC+, a key group of oil-producing nations. The development comes ahead of a crucial OPEC+ meeting in June to determine future production policy.
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Africa’s energy transition requires strong policies and partnerships to overcome challenges and leverage opportunities for sustainable development.