Energy News from South Africa & the World - Tiles

View: Headlines | Tiles

Ethiopia: African Union Seeks to Seize Initiative Over Nile Dam Talks

[allAfrica] Cape Town -- Days after President Donald Trump accused Ethiopia of breaking a deal he had negotiated over Egypt's rights to water from the Nile, the African Union is kick-starting renewed trilateral talks on the issue between Ethiopia, Egypt and Sudan.

IDC aims to ‘catalyse’ recovery plan, but won’t go it alone as impairments bite

The Industrial Development Corporation (IDC) – which reported a R3.8-billion loss for the 2019/20 financial year, driven by a surge in impairments from R4.8-billion to R9.6-billion – has revised its investment strategy with the aim of “catalysing” government’s Reconstruction and Recovery Plan through risk-sharing partnerships with private and public co-financiers. CEO TP Nchocho stressed that the State-owned development finance institution (DFI) would continue to operate at the “upper end of the risk spectrum” in supporting the plan,  announced by President Cyril Ramaphosa on October 15 and which included strong infrastructure, industrial, energy and agricultural components.

South Africa: Just Transition Transaction Case Study - Towards Energy Equity

[UCT] Three University of Cape Town (UCT) climate change experts have carried out a case study to understand what a just transition of South Africa's energy landscape into a low-carbon environment could look like. This Just Transition Transaction (JTT) aims to simultaneously solve the electricity supply crisis in South Africa while moving the country towards renewable energy, its emissions commitments and job creation in terms of the Paris Agreement.

Nigeria: Govt Creating Jobs for Youths With 5 Million Solar, Others - Mamman

[Daily Trust] The Minister of Power, Engr. Sale Mamman, has said the Federal Government is creating massive job opportunities for Nigerian youths in the power sector through the five million Solar Home System (SHS) project, the Mass Metering Programme (MMS), the Siemens deal, among others.

Nigeria: NERC - DISCOs Raked in N114 Billion Revenues in Q1, 2020

[This Day] Abuja -- The 11 Electricity Distribution Companies (Discos) in the country raked in a total of N114 billion in the first three months of 2020, the latest quarterly report of the Nigerian Electricity Regulatory Commission (NERC), has indicated.

Transnet Pipelines notes another theft incident

Pipelines operator Transnet Pipelines (TPL) says it continues to experience theft of fuel from its petroleum pipelines, with the latest incident in the Ladysmith area on its 24-inch multiproduct pipeline transporting fuel from Durban to the Gauteng inland terminal. The incident resulted in diesel spraying onto the N3 motorway. The emergency plan has been activated and all response teams are on site to minimise the extent of the contamination and start with the clean-up process, the organisation assured.

Kenya: Kenya Power Risks Sh1.7 Billion Fine Over Unclaimed Assets

[Nation] Kenya Power risks a Sh1.765 billion penalty for not surrendering to the State unclaimed assets that include dividends and stale cheques as required by the law.

Tanzania: Plans to Sustain Jnhpp Underway

[Daily News] AS the construction of Julius Nyerere Hydropower Project gathers pace, human resources succession plan to maintain the plant and its sustainability is an important component that energy sector stakeholders are working on.

Resgen shares to remain suspended until November 9

Energy resources company Resource Generation's (Resgen's) securities on the ASX and JSE will remain suspended, at the company’s request, until November 9. This is an extension from the initially expected trading restart date of October 26.

Nigeria: Metering - Sefton Fross Urges NERC, Others to Tackle Regulatory, Fiscal, Technical, Financial Problems

[Vanguard] Barely one year to its 2021 target, Sefton Fross, a Lagos-based energy law firm, has urged the Nigerian Electricity Regulatory Commission, NERC, to tackle the various problems currently affecting metering in the nation.

Nigeria: New Hampshire Metering Services to Deploy Over 400,000 Meters for Discos

[Premium Times] New Hampshire Metering Services Limited, a subsidiary of New Hampshire Capital Limited has announced immediate plan to roll-out over 404,000 smart prepaid meters for Ikeja and Ibadan Electricity Distribution Companies under the Meter Asset Provider (MAP) scheme.

South Africa: Renewable Energy - Reiping the Whirlwind

[Daily Maverick] One of the most complex issues in economic development is the extent to which a government should intervene in the free market. Politicians are typically under pressure to be seen to be 'doing something' to generate jobs or achieve other political goals. The result is often a mess that results in unintended consequences. But the demand for local manufacture to create jobs is a siren call politicians can't resist.

Kenya: Nuclear Energy Project Spills Over 2030

[Nation] Kenya's plan to have a nuclear power plant will now wait beyond the 2030 timeline envisioned when the idea was conceptualised.

Namibia: Youth Ministry Creates Employment in Biomass Sector

[Namibian] FIFTY-FIVE youths are set to benefit from a pilot project by the Ministry of Sport, Youth and National Service on the production of charcoal.

South Africa: South Africa's Electricity Pricing Structures Are As Clear As Mud

[Daily Maverick] Comparing customer accounts across the power utility, local councils and everything in between is helluva complicated. It's all relative to where you live, what time electricity is consumed and whatever other sundry expense it takes to balance the budget of bureaucracy.

South Africa: Government Backs Eskom for Adopting Trengove Report

[SAnews.gov.za] Deputy President David Mabuza says government has no reason to doubt the findings of the Trengove report in a forensic investigation that cleared the Eskom CEO of allegations of misleading the board.

South Africa: Powering Up - the Future of South Africa's Electricity System

[Daily Maverick] Creating an independent transmission system and market operator is critical to Eskom's restructuring, as it will secure the reliable, abundant and competitively priced power needed to drive South Africa's economy in the years ahead.

South Africa: DA Welcomes Deputy President's Commitment to Discuss Our R75,000 Solar Tax Rebate Proposal As a Step Forward

[DA] The Democratic Alliance (DA) welcomes the commitment from Deputy President, David Mabuza, that he will discuss our proposal of a R75 000 tax rebate for households wishing to install a rooftop solar system with the Ministers of Finance, Public Enterprises and Mineral Resources and Energy, and apply his mind to seriously implementing this. He made this commitment during the parliamentary question session on Thursday.

Tanzania: President Touts Power Projects

[Daily News] Moshi -- MAJOR power projects undertaken by the government are aimed at revitalising and strengthening industrial development in the country, Dr John Magufuli said yesterday.

Zimbabwe: Sanctions Have Crippled Zesa - Gata

[The Herald] ILLEGAL sanctions imposed on Zimbabwe by the West have crippled ZESA Holdings operations, resulting it generating less than half of its capacity of between 4 000 to 5 000 megawatts, ZESA executive chairman Dr Sydney Gata said.

Oil demand may see lasting impact from pandemic, World Bank says

Oil demand could see “lasting impacts” from the coronavirus while modest gains are projected in metals and agriculture prices as commodity markets recover from the shock of the pandemic, according to the World Bank. The World Bank boosted its projections from April for the average oil price in 2020 and 2021 to $41 a barrel and $44, respectively, as a slow recovery in demand is matched by an easing in supply restrictions. That still leaves prices well below 2019 levels of $61. Outside of energy, a small decline in metal prices will be offset by an increase in agricultural prices this year.

Zimbabwe: Power Utility Revamps Ailing Fleet

[The Herald] Mashonaland Central Bureau

Namibia: MTC Invests Heavily in Rural Electrification

[New Era] Namibia's first telecommunications company, MTC, is leading the way in rural electrification. According to MTC spokesperson, Tim Ekandjo, the mobile giant has invested over N$85 million over the last two years and will invest a further N$11 million to build power lines to various rural areas across the country.

Nigeria: Adeosun - Ardova Is Transforming Into Integrated Energy Firm

[This Day] The Chief Executive Officer, Ardova Plc, Mr. Olumide Adeosun, has said the company is moving from being an oil firm to becoming an integrated energy company in its efforts to broaden its value proposition to the market.

Mozambique: Mozambique Plans Sovereign Wealth Fund From Gas Bonanza - What Could Go Wrong?

[Daily Maverick] Mozambique's central bank has mooted investing more than half the revenue from its expected natural gas bonanza into a sovereign wealth fund. This might not be a bad move, but history suggests it is more likely to take the Angolan route than the Norwegian one -- and that would spell disaster on a grand scale.

South Africa: Rocketing - Electricity Prices Up 177 Percent in a Decade - Water Costs Up 213 Percent

[Daily Maverick] The sky-high cost of electricity, water, rates and taxes drives inflation and can stamp out green shoots of economic recovery, suggests research by the SA Reserve Bank.

Resgen requests trading halt ahead of announcement

Trading of energy resources company Resource Generation's (Resgen's) securities on the ASX and the JSE will temporarily be halted, at the company’s request, until October 26. The company’s decision to halt security trading follows its reliance on formalising an extension to the first repayment date under the facility agreement with Noble Group and securing access to additional working capital to cover the period through to financial close and the first drawdown of funds to develop the Boikarabelo coal project.

Nigeria: Pushing Campaign for Efficient Energy Utilisation Policy

[This Day] Seven years after the acquisition and rebranding of the Egbin Power Station by Sahara Energy Group as Egbin Power Plc, the power generating company is taking the campaign of efficient energy utilisation a step further.

Uganda: Govt Moots Power Submarine Cable to Kalangala Island

[Monitor] Energy Minister Goretti Kitutu is today expected to commission the laying of a 33 kilovolt submarine cable through Lake Victoria to evacuate electricity from the mainland via Bukakata in Masaka District to Bugoma Island to the west Kalangala.

Botswana: Electricity Vital for Production

[Botswana Daily News] Talana Farms -- Assistant Minister of Investment, Trade and Industry, Mr Molebatsi Molebatsi says government through ministry of Mineral Resources, Green Technology and Energy Security should expedite addressing issue of getting electricity at production areas.

Renergen drilling programme back on track

Emerging domestic natural gas and helium producer Renergen’s re-drill of the inclined drilling programme (referred to as P2V2) at its flagship Virginia gas project, in the Free State, is expected to be at, or be close to, target by the end of the first week of November. In a statement on October 21, the JSE- and ASX-listed company confirmed that the re-drill had completed setting of the intermediate casing and that it was on track to drill through to the base of the Karoo and the targeted gas-bearing fault structures.

Malawi: Mera Warns Against Unlicenced Electricity Installation

[Malawi News Agency] Kasungu -- , 2020; The Malawi Energy Regulatory Authority (MERA) has warned against unprofessional and unlicenced electricity installation saying the development has contributed to the rise in fire incidences in the country.

Pipe theft causes crude oil to flow into Durban's Umbilo river

The theft of a pipe has caused a crude oil spill in the Bellair area, in Durban, affecting the Umbilo river. The river flows into the Durban Harbour.

South Africa: Joburg Electricity Costs Spiral As City Suffers Covid-19 Revenue Loss

[Daily Maverick] Johannesburg city bosses have pushed electricity tariffs so high that they are now the most expensive in the country. This was revealed in research conducted by Eskom. Now consumers are feeling the pinch.

South Africa: Science and Innovation On South Africa's Platinum Valley Project

[Govt of SA] Platinum Valley project to pull SA's hydrogen initiatives into one ecosystem

Nigeria: CBN Releases Framework for Financing of Mass Metering

[Vanguard] Central Bank of Nigeria (CBN) has released its framework for the National Mass Metering Programme (NMMP).