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IEEFA South Africa: Coal market conditions have ‘deteriorated materially’

IEEFA South Africa: Coal market conditions have ‘deteriorated materially’

The Asian seaborne thermal coal pool is drying out

Resource Generation Ltd’s proposed but long delayed Boikarabelo coal mine in South Africa’s Waterberg Coalfield has hit trouble after a key member of its funding consortium pulled out. The Industrial Development Corporation of South Africa (IDC) has cancelled all previously approved facilities due to its view that “the market conditions under which the Boikarabelo Coal […]

November 6, 2020 Read More →

Enel begins commercial operation at 140MW wind farm in South Africa

Afrik21: Enel Green Power is now injecting 140 MW into the power grid of the South African public company Eskom thanks to its new wind farm. The facility in Nxuba (Eastern Cape Province) was recently commissioned by the renewable energy subsidiary of the Italian Enel Group. On October 27th, 2020, Enel Green Power inaugurated the […]

November 4, 2020 Read More →

IEEFA op-ed: Major solar proposal can diversify economy and reduce power cost for Botswana

5 gigawatt plan could reverse the flow of power in southern Africa

A proposed 5 gigawatt (GW) solar power program to be developed jointly by Botswana and Namibia would become a landmark power deal in Africa and help diversify their economies. Both nations currently import expensive power from South Africa, but full implementation of the proposal would make Botswana and Namibia new energy leaders in Africa. Ambitious […]

September 28, 2020 Read More →

South Africa moves forward with plan to build 6,800MW of new renewable energy capacity

Renewables Now: The South African government will organise a procurement programme for 11,813 MW of new power infrastructure, including 6,800 MW set aside for renewable energy. The Department of Mineral Resources and Energy said that the National Energy Regulator of South Africa (NERSA) has concurred with its ministerial determination issued in February 2020 to procure […]

September 16, 2020 Read More →

South Africa’s coal-dependent state utility seeking bids for first battery storage project

Bloomberg: South Africa’s state-owned power utility, which relies on coal to generate most of the nation’s electricity, issued a request for bids to build its first battery-energy storage system, according to a tender document seen by Bloomberg. Eskom Holdings SOC Ltd. has received funding from institutions including the World Bank and African Development Bank, which […]

August 4, 2020 Read More →

IEEFA update: Eskom’s international customers are turning towards solar

South Africa’s neighbours can move from power importers to exporters

Further solar projects announced to reduce reliance on Eskom and hydro Botswana, Namibia and Zimbabwe now considering very large solar programs After South African power utility Eskom announced its interim financial results last week, which included a forecast that the company would make a R20bn (US$1.4bn) loss for the full year, there was a warning […]

December 4, 2019 Read More →

South Africa’s Eskom plans 1.4GWh battery storage tender, largest on the continent

Greentech Media: South Africa’s utility Eskom is preparing to launch a tender for 1.4 gigawatt-hours of battery storage that will need to be installed by December 2021. The large-scale energy storage tender, the first of its kind in the country and in Africa as a whole, will be split into two phases, with an initial […]

September 26, 2019 Read More →

South Africa’s power woes likely to get even worse in the years ahead

Bloomberg: An electricity-supply crisis is looming in South Africa that could make intermittent outages in the past few months seem trivial by comparison. Eskom Holdings SOC Ltd., which supplies almost all the nation’s power, will lose more than one-quarter of its current generating capacity over the next decade as it shuts aging coal-fired plants. Replacing […]

April 8, 2019 Read More →

Over-budget, long-delayed coal plants put South Africa’s electric system on edge

Bloomberg: South Africa’s debt-laden power utility raced to stabilize the grid this week by resorting to the most intense supply cuts in four years. Eskom Holdings SOC Ltd. implemented blackouts for a third day on Tuesday, removing 3,000 megawatts from the system after so-called stage 4 rotational power cuts, or 4,000 megawatts, on Monday as […]

February 14, 2019 Read More →

IEEFA update: South African coal exports face long-term decline

Weaker 2018 exports are a sign of things to come

SYDNEY–In 2018, coal exports out of Richards Bay Coal Terminal (RBCT), South Africa’s main coal export port, declined 4% to 73.5 million tonnes (Mt). According to RBCT CEO Alan Waller, the decline was not due to operational issues but a matter of weaker global demand. This decline occurred despite the main off-taker of South African […]

January 29, 2019 Read More →