Oil markets breathe a ‘sigh of relief’ after Russian mutiny was aborted
Oil prices pared early gains on Monday, tracking a broader calm in financial markets as investors watched warily to see if there’ll be further fallout from an attempted insurrection in Russia that could disrupt energy supplies from one of the world’s largest oil producer nations. Mercenaries led by Yevgeny Prigozhin, leader of the Wagner group of […]
Ramaphosa’s Battle to Secure Funds for South Africa’s Energy Transition
In recent statements, President Cyril Ramaphosa emphasized the importance of securing funds to support South Africa’s Just Energy Transition. He echoed his sentiments expressed at the global summit on financing development and climate action in Paris, stressing that Africa should not be seen as mere beggars seeking charity. Recognizing the historical imbalances between the global […]
Eskom Reports Improved Power Generation Capacity and Breakdown Performance
Eskom, South Africa’s state-owned power utility, recently announced positive developments in its power generation capacity and breakdown performance at its major stations. This article aims to delve into the details of these improvements and highlight the factors contributing to Eskom’s progress. Additionally, it will address the remaining challenges that the utility faces in its ongoing […]
Projects to help South Africa’s electricity crisis are stalling – here’s why
South African renewable energy projects selected over a year ago to add generation from private producers and help end electricity shortages are struggling to reach financial close due to an escalation in costs and grid capacity, according to one of the developers. A dozen projects, with a combined capacity of more than 1,000 megawatts, remain […]
Good news for load shedding this week
Power utility Eskom says that generating capacity has been stable this week, allowing it to keep suspending outages during the day. The group said that load shedding will continue to be suspended from midnight until 16h00 each day, and moving to stage 3 in the evenings (16h00 to 00h00) until further notice. If the group […]
Russia and Saudi Arabia’s Oil Partnership Shows Strain
For most of the last six years, the leaders of Russia and Saudi Arabia worked with each other to control the global oil market during times of war, pandemic and dizzying price gyrations. But their alliance appears to be straining in ways that could help the Biden administration, which was eager to head off another […]
Eskom announces eased load shedding this week – here’s the new schedule
Power utility Eskom says it will ease load shedding once again this week due to lower anticipated demand and improved available generation capacity. Stage 2 load shedding will be implemented from 16:00 this afternoon until 05:00 on Monday. Thereafter, load shedding will be suspended until 16:00 on Monday. Due to the lower demand and improved […]
Government’s plan to cut 4 stages of load shedding in the next 18 months
South Africa expects private companies to add more than 4,000 megawatts (MW) of electricity generation capacity to the grid by the end of 2024, as the government accelerates efforts to increase private sector participation in its power, rail and water industries. Presentations released on Tuesday by Operation Vulindlela, a unit run by the presidency and […]
Seeking Justice for the 3-Year-Old’s Death Due to Oxygen Deprivation in Power Outages
The Johannesburg family of Bromhof is reeling from a heartbreaking incident in which a three-year-old girl, Neyamiah Eaton, tragically lost her life after the machine providing her with life-sustaining oxygen ceased functioning due to extended power outages. Neyamiah, who was battling a viral infection and struggling to breathe, relied on a backup oxygen cylinder. However, […]
The Devastating Impact of Load-Shedding
Eskom, South Africa’s struggling power utility, has recently issued a warning about the potential implementation of Stage 8 load shedding during the upcoming winter season. The prospect of prolonged power cuts raises concerns about the adverse effects on businesses and the overall livelihoods of South African citizens. This article examines the implications of Eskom’s energy […]
