President Cyril Ramaphosa’s latest pledge to support Eskom Holdings is good news for the cash-strapped electricity company — but some investors are balking at the prospect of increased sovereign-bond issuance to pay for the bailout. Ramaphosa told law…
Eskom’s gain South Africa’s pain as investors balk at debt Read More »
South Africa simply has to rescue the nation’s distressed power utility. Even though it can’t afford to. Eskom Holdings supplies 95% of the nation’s electricity. If it went bankrupt, the entire economy would be dragged down as well. The danger of that …
The only option for Eskom is one South Africa can’t afford Read More »
President Cyril Ramaphosa will announce more measures to support cash-strapped power utility Eskom, his office said on Tuesday, without providing details. "It is expected that the President will announce further measures to support Eskom’s efforts …
Ramaphosa to announce more support for Eskom Read More »
Poland’s government proposed draft regulations on Tuesday that would allow big electricity consumers to receive compensation for surging power bills.
Wholesale power prices in Poland, which generates most of its energy from coal, jumped in the autumn …
Poland to offer some relief to biggest power consumers Read More »
A study commissioned by Greenpeace Africa recommends that State-owned Eskom, as part of its reform, gradually spin out its coal-fired power generation activities to new generation companies that will operate the power plants for the remainder of their …
Greenpeace study recommends Eskom sell its coal-fired power stations Read More »
The National Energy Regulator of South Africa (Nersa) is ready to consider licence applications for small-scale embedded generator (SSEG) plants between 1 MW and 10 MW in line with the “blanket deviation” from the Integrated Resources Plan (IRP) provid…
The National Energy Regulator of South Africa (Nersa) says it will, in due course, host a stakeholder workshop in order to provide clarity on the processes it will follows, as well as information it requires, in order to register or licence small-scale…
Nersa to host workshop to clarify licensing process for small-scale power plants Read More »
As speculation swirls about plans to deal with Eskom Holdings’ crippling debt load, one group of stakeholders hasn’t been consulted – owners of the company’s R243-billion of bonds. South Africa’s State-owned power utility is groaning under almost R500-…
Eskom keeps investors in the dark as debt speculation mounts Read More »
Industry has reacted positively to revelations that Energy Minister Jeff Radebe has written to the National Energy Regulator of South Africa (Nersa) indicating that it should begin to license small-scale embedded generation (SSEG) projects with capacit…
Positive reaction to Radebe’s lifting of licence restraints on small-scale power plants Read More »
With a crackdown on carbon emissions, it is becoming increasingly difficult to find investors that support fossil fuels, says Eskom CEO Phakamani Hadebe. “The truth is, how will we fund fossil fuels if we remain on them? The trend in financial markets …
Finding fossil fuel investors is becoming harder, says Hadebe Read More »
