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Terence Creamer

Terence Creamer

Terence Creamer is the Editor of Engineering News and a Deputy Editor for Mining Weekly. He also has editorial responsibility for Polity.org.za and Creamer Media's Research Channel Africa.

AMSA sees plausible pathway for salvaging longs unit, but ready to reverse closure deferral if urgent progress is not made

23rd February 2024 Steel producer ArcelorMittal South Africa (AMSA) has deferred the wind-down of its long-products business by six months amid widespread concern regarding the detrimental impact of the closure on downstream industry and jobs and following consultations with government and other affected... 

Nersa makes far-reaching changes to tariff rules, but implementation timing uncertain

23rd February 2024 The National Energy Regulator of South Africa (Nersa) has approved far-reaching changes to the way electricity tariffs will be set in future, but it could still take some time before the rules are fully implemented. Nersa approved the new Electricity Price Determination Rules (EPDR) on December... 

Nersa makes far-reaching changes to tariff rules,  but implementation timing uncertain

Preferred bidder for Richards Bay bunker fuels terminal named

23rd February 2024 Transnet National Ports Authority (TNPA) has appointed FFS Tank Terminal as the preferred bidder to develop and operate a liquid bulk terminal specialising in bunker fuels on a brownfield site at the Port of Richards Bay previously operated by Engen. The appointment follows a competitive bidding... 

Preferred bidder for Richards Bay bunker  fuels terminal named
Bunker fuels terminal to be developed on a brownfield site at the Port of Richards Bay

Crunch time

23rd February 2024 The consequences of policy failure in electricity are so obvious there is no need to ventilate them again. Not so for gas, however, given that they are only visible to those manufacturers that have come to rely on the fuel to produce everything from steel, glass and aluminium products to food and... 

Crunch time

Eskom insists downward EAF slide has been ‘arrested’ amid Stage 4 loadshedding

22nd February 2024 Eskom insists the performance of its unreliable generation fleet is on an improving trajectory, releasing a graphic-heavy statement on February 22 disputing a recent report stating that its performance continued “going backwards”. The statement, which was published only hours after loadshedding... 

Eskom insists downward EAF slide has been ‘arrested’ amid Stage 4 loadshedding

Godongwana draws down R150bn from gold and forex account to reduce borrowings and debt-service costs

21st February 2024 Finance Minister Enoch Godongwana unveiled a far-reaching reform in relation to government’s treatment of the Gold and Foreign Exchange Contingency Reserve Account (GFECRA), which will result in R150-billion in drawdowns from the account over the coming three years to reduce government... 

Godongwana draws down R150bn from gold and forex account to reduce borrowings and debt-service costs
Finance Minister Enoch Godongwana

R4bn may be removed from Eskom debt-relief for failure to meet EFC sale deadline

21st February 2024 The South African government is proposing to reduce its planned allocations to Eskom under a previously announced R254-billion debt-relief package by R2-billion a year for the 2023/24 and 2024/25 periods, owing to the utility’s failure to dispose of the Eskom Finance Company (EFC) by the agreed... 

R4bn may be removed from Eskom debt-relief for failure to meet EFC sale deadline

RFP for private transmission investment to be launched in July

21st February 2024 The South African government will release a request for proposals (RFP) in the coming months seeking private sector investment into a pilot electricity grid infrastructure project. The National Treasury confirms that government has been working in partnership with the International Finance... 

RFP for private transmission investment to be launched in July

No immediate plan to list Aveng in Australia, but future listing likely amid change in reporting currency to Aussie dollar

20th February 2024 JSE-listed Aveng, which recently relocated is management epicentre to Australia and changed its reporting currency from South African rands to Australian dollars, has no immediate intention of listing in Australia but acknowledges that such a move is possible in future. Incoming CEO Scott... 

No immediate plan to list Aveng in Australia, but future listing likely amid change in reporting currency to Aussie dollar
Incoming Aveng CEO Scott Cummins

Eskom backs Necom-level consultation on use of electricity tokens to upscale virtual wheeling

16th February 2024 Eskom Distribution MD Monde Bala has signalled the utility’s willingness to consider the integration of an Electricity Credit Token (ECT) financial instrument to accelerate the implementation of a virtual wheeling model that allows multiple generators to transact with multiple customers in... 

Eskom backs Necom-level consultation on use of electricity tokens to upscale virtual wheeling
Eskom Distribution MD Monde Bala

Impact of curtailment on BW7 under discussion

16th February 2024 The Independent Power Producer Office (IPPO) reports that it is engaging with Eskom on its newly released curtailment addendum to the latest Generation Connection Capacity Assessment (GCCA 2025) – through the addendum 3 470 MW of additional connection capacity for wind generators has been... 

Impact of curtailment on BW7 under discussion

SA green hydrogen developers urged to bid for €270m German grant funding

16th February 2024 South African developers of mature green hydrogen or derivatives projects are potentially eligible for nonrefundable grant funding being extended under Germany’s €270-million Power-to-X (PtX) Development Fund, set up to close “bankability gaps” standing in the way of implementing industrial-scale... 

SA green hydrogen developers urged to bid for €270m German grant funding

Reform momentum

16th February 2024 From an economic perspective, the most important signal provided by President Cyril Ramaphosa in his State of the Nation Address was that the reform agenda remains in place, and that it will be underpinned by fiscal restraint and ongoing efforts to rebuild credible governance and institutional... 

Reform momentum

Ramokgopa denies President’s pre-Stage 6 SoNA assertions caused embarrassment and insists loadshedding ‘corner has been turned’

11th February 2024 Electricity Minister Kgosientsho Ramokgopa has move to defend the statement made by President Cyril Ramaphosa in his State of the Nation Address (SoNA) on Thursday night that “the end of loadshedding is finally within reach”. This, despite South Africa rapidly descending into Stage 6 loadshedding... 

Ramokgopa denies President’s pre-Stage 6 SoNA assertions caused embarrassment and insists loadshedding ‘corner has been turned’
Electricity Minister Kgosientsho Ramokgopa

Energy Vault, consortium enter licensing deal for gravity storage solution

9th February 2024 Grid-scale energy storage solutions company Energy Vault has signed a licensing and royalty agreement with a South African consortium, established with the aim of deploying the NYSE-listed company’s gravity energy storage systems across the 16 countries that make up the Southern African... 

Energy Vault, consortium enter licensing  deal for gravity storage solution

Dedicated freight lanes and restricted truck operating hours mooted in draft plan to shift cargo back to rail

9th February 2024 The Department of Transport (DoT) is canvasing as series of interventions aimed at attracting freight back to South Africa’s struggling rail system from road, which has emerged as the country’s freight backbone following Transnet Freight Rail’s (TFR’s) precipitous decline in recent years.... 

Dedicated freight lanes and restricted truck operating hours mooted in draft plan to shift cargo back to rail

Independent transmission project office to be set up to procure new grid using ‘build, operate, transfer’ model

9th February 2024 Electricity Minister Kgosientsho Ramokgopa reports that government plans to establish an independent transmission project office, located either at the Development Bank of Southern Africa (DBSA) or the Industrial Development Corporation (IDC), to procure new transmission capacity using a build,... 

Independent transmission project office to be set up to procure new grid using ‘build, operate, transfer’ model

Worrying outlier

9th February 2024 The International Energy Agency’s (IEA’s) most recent report on the electricity sector includes a troubling section on Africa’s recent underperformance in this regard. In the section, the authors highlight that per person electricity demand across Africa has been stagnant for three decades,... 

Worrying outlier

Ramaphosa moots ‘innovative investment models’ for grid as he reiterates support for power and logistics reform

8th February 2024 President Cyril Ramaphosa used his final State of the Nation Address ahead of upcoming elections to reiterate government’s commitment to reforms in the country’s failing power and logistics sectors, including one that would open the electricity transmission sector to private investors. Speaking... 

Ramaphosa moots ‘innovative investment models’ for grid as he reiterates support for power and logistics reform
President Cyril Ramaphosa

Energy Council welcomes IRP extension, calls for strong reform message in SoNA

6th February 2024 Energy Council CEO James Mackay has welcomed the decision of the Department of Mineral Resources and Energy to extend the comment period for the draft Integrated Resource Plan (IRP) 2023 by a month and has also called on President Cyril Ramaphosa to use his State of the Nation Address (SoNA)... 

Energy Council welcomes IRP extension, calls for strong reform message in SoNA
Energy Council CEO James Mackay

1 000 MW gas-to-power cap placed on Richards Bay for first gas procurement round

2nd February 2024 While ‘location agnostic’, South Africa’s inaugural 2 000 MW gas-to-power (GtP) procurement round is limiting the development of facilities in the City of uMhlathuze, where KwaZulu-Natal’s deep-water Port of Richards Bay has been earmarked as a future gas hub, to 1 000 MW – a threshold that will... 

1 000 MW gas-to-power cap placed on Richards Bay  for first gas procurement round
TNPA recently selected a preferred bidder for a 25-year LNG terminal concession in the Port of Richards Bay's South Dunes precinct

Next battery sites being identified amid bidding at eight substations in North West province

2nd February 2024 Independent Power Producer Office head Bernard Magoro reports that work is under way to identify substation sites for the upcoming third Battery Energy Storage Independent Power Producer Procurement Programme (BESIPPPP) round while progressing with the second bid window (BW2) for 615 MW/2 460 MWh... 

Next battery sites being identified amid bidding  at eight substations in North West province
Aerial view of Eskom's Hex battery energy storage facility

Fast-growing ENGIE South Africa will consider grid investments under right conditions

2nd February 2024 Global independent power company ENGIE, which is prioritising the South African electricity market for significant organic and acquisitive growth, is also open to participating in grid investments should government move to open the market to private sector participation. ENGIE South Africa CEO... 

Fast-growing ENGIE South Africa will consider grid investments under right conditions
ENGIE South Africa believes there is a compelling case for converting its diesel-fired peaking stations, including the 335 MW Dedisa plant pictured, to gas as part of initial gas-to-power bidding round

Grid unlocked

2nd February 2024 As the South African government seeks to re-establish some momentum behind the public procurement of new independent power producer (IPP) generation and storage, much focus will be on how bidders adjust to the grid constraints, real and perceived, when they submit responses to the bid windows... 

Grid unlocked

South African green hydrogen developers urged to bid for €270m in German grant funding to close project ‘bankability gap’

29th January 2024 South African developers of mature green hydrogen or derivatives projects are potentially eligible for non-refundable grant funding being extended under Germany’s €270-million Power-to-X (PtX) Development Fund, set up to close “bankability gaps” standing in the way of implementing... 

South African green hydrogen developers urged to bid for €270m in German grant funding to close project ‘bankability gap’

SA’s draft plan signals renewables investments retreat as the rest of the world powers ahead

26th January 2024 While South Africa’s latest draft electricity plan is signalling a pullback in renewables investments for the period to 2030 relative to the prevailing policy, the rest of the world is powering ahead, with the International Energy Agency (IEA) reporting that 50% more renewables capacity was... 

SA’s draft plan signals renewables investments retreat as the rest of the world powers ahead
IEA executive director Fatih Birol

Preferred bidder selected to build, operate Richards Bay LNG terminal

26th January 2024 South Africa’s State-owned Transnet National Ports Authority (TNPA) has announced that it has selected a public-private consortium as the preferred bidder to develop and operate a liquefied natural gas (LNG) terminal at the Port of Richards Bay’s South Dunes precinct.  The Vopak & TPL Consortium... 

Preferred bidder selected to build,  operate Richards Bay LNG terminal
The Port of Richards Bay, which is currently a coal export hub, has been earmarked for gas infrastructure

Ramokgopa seeks to unlock private finance for 6 000 km of new grid in coming three years

26th January 2024 Electricity Minister Kgosientsho Ramokgopa says the current plan for rolling out grid infrastructure, particularly in the coming three years, is insufficient to end loadshedding and should, thus, be accelerated with the support of private investment, as well as funding from the Just Energy... 

Ramokgopa seeks to unlock private finance for 6 000 km of new grid in coming three years
Lineworkers on a high-voltage powerline

Big procurement year

26th January 2024 The coming year is poised to be the most active ever for the public procurement of new electricity generation capacity. Besides shepherding the already-procured projects to financial close – including battery storage projects in the Northern Cape and those solar photovoltaic projects procured... 

Big procurement year

Transmission grid constraints cast shadow over South Africa’s seventh renewables bid window

26th January 2024 South Africa’s grid constraints are continuing to cast a shadow over the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), the seventh bidding round for which was launched in December for 3 200 MW of onshore wind and 1 800 MW of solar photovoltaic (PV) after months of... 

Transmission grid constraints cast shadow over South Africa’s seventh renewables bid window
Independent Power Producer Office head Bernard Magoro

Grid constraint likely to translate to a renewables price premium, Magoro warns

24th January 2024 Independent Power Producer (IPP) Office head Bernard Magoro has signalled that the projects bid during the current seventh renewables procurement bid window could carry a price premium, as bidders adjust to the spatial realities that have arisen as a result of the country’s prevailing grid... 

Grid constraint likely to translate to a renewables price premium, Magoro warns
IPP Office head Bernard Magoro

Sasol, Topsoe appoint CEO to lead new sustainable aviation fuels JV

22nd January 2024 Sasol and Topsoe have appointed Shell’s Jan Toschka as CEO of their recently established sustainable aviation fuel (SAF) JV. Toschka is described as a seasoned leader in the aviation fuels industry, having been President of Global Aviation at Shell, where he was responsible for the energy major’s... 

Sasol, Topsoe appoint CEO to lead new sustainable aviation fuels JV
Jan Toschka

Marokane to officially report for duty as Eskom CEO on March 1

19th January 2024 Eskom has announced that Dan Marokane – who was named group CEO on December 8, almost a full year after André de Ruyter formally resigned – will assume office on March 1, 2024. Previously, Eskom indicated that Marokane would join the organisation no later than March 31, 2024, so as to allow him... 

Marokane to officially report for duty as Eskom CEO on March 1
Dan Marokane

Pioneering 195 MW solar plant to sell clean electricity to multiple customers across the country

19th January 2024 South African independent power producer the SOLA Group has started construction on a pioneering 195 MW solar photovoltaic (PV) plant in the Free State, which will wheel and sell clean electricity across the country to multiple buyers eager to decarbonised their operations. The R2.8-billion... 

Pioneering 195 MW solar plant to sell clean electricity to multiple customers across the country
SOLA Group CEO Dom Wills

Red Rocket confirms initial 500 MW of interest in 2 000 MW virtual wheeling renewables scheme

19th January 2024 Independent power producer (IPP) Red Rocket reports that it has signed up customers for 500 MW of the 2 000 MW of capacity it aims to deploy over the coming three years as part of an innovative scheme designed to provide multiple private offtakers with renewable electricity as from 2026. In... 

Red Rocket confirms initial 500 MW of interest in  2 000 MW virtual wheeling renewables scheme
A turbine at sunrise at Red Rocket's Roggeveld Wind Farm

Tender out for Durban terminal berths expansion

19th January 2024 The Transnet National Ports Authority (TNPA) has issued a tender for the reconstruction, deepening and lengthening of three berths at the Pier 2 North Quay of the currently congested Durban Container Terminal (DCT), in KwaZulu-Natal. The five-year project, which is scheduled to start in 2024,... 

Tender out for Durban terminal berths expansion
Photo by TNPA
The Durban Container Terminal

Shrugging off sanctions risk, PetroSA aims to seal deal with GazpromBank by April to resuscitate GTL refinery

19th January 2024 South Africa’s PetroSA aims to make a final investment decision (FID) by April on a project designed to support the resumption of production at the mothballed gas-to-liquids (GTL) refinery in Mossel Bay, following receipt of Cabinet’s backing for its controversial selection of Russia’s... 

Shrugging off sanctions risk, PetroSA aims to seal deal with GazpromBank by April to resuscitate GTL refinery
The PetroSA GTL refinery in Mossel Bay

Sasol’s Mabelane to head board of Eskom’s unbundled grid company

19th January 2024 The inaugural board of directors of the National Transmission Company of South Africa (NTCSA), which was announced by the Eskom board on Tuesday, will be chaired by Priscillah Mabelane, who is also the executive VP of Sasol’s energy business. The long-awaited appointment represents as significant... 

Sasol’s Mabelane to head board of Eskom’s unbundled grid company
Priscillah Mabelane

Gas lock-in

19th January 2024 “If you fail to plan, you are planning to fail,” the quote, attributed to Benjamin Franklin, reads. What happens, however, when your plan is a failure? The misnamed draft Integrated Resource Plan (IRP) of 2023, which was eventually published only on January 4, 2024, has many elements of failure. 

Gas lock-in

Busy week for DMRE as it hosts IPP bidders conferences and IRP workshop

15th January 2024 The Department of Mineral Resources and Energy (DMRE) and the Independent Power Producer Office (IPPO) have a busy week ahead, with three virtual bidders conferences to be hosted over Wednesday and Thursday, and with the department also schedule to host a public workshop on the draft 2023 edition... 

Busy week for DMRE as it hosts IPP bidders conferences and IRP workshop

Sasol’s Mabelane to head board at Eskom’s unbundled grid company, NTCSA

9th January 2024 The inaugural board of directors of the National Transmission Company of South Africa (NTCSA), which was announced by the Eskom board on Tuesday, will be chaired by Priscillah Mabelane, who is also the executive VP of Sasol’s energy business. The long-awaited appointment represents as significant... 

Sasol’s Mabelane to head board at Eskom’s unbundled grid company, NTCSA
Priscillah Mabelane
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