Energy Costs - Policy, Law & Economics News

SAA to spend up to $7bn on long-haul aircraft

South Africa's national airline plans to spend between $4-billion to $7-billion for 25-30 long-haul aircraft and has mostly been looking at the Boeing 787 and Airbus A350, a senior official said on...

NERSA makes unaffordable tariff charges more palatable

WERKSMANS ATTORNEYS

On 28 February 2013 the National Energy Regulator of South Africa (NERSA) approved an 8% average increase per annum for the period from 1 April 2013 to 1 April 2014. During the period from 15 to 31...

Relief, but some anxiety

REAL ECONOMY: POWER PRICES

There was widespread relief last week when the National Energy Regulator of South Africa (Nersa) bared its teeth and announced that Eskom would only be allowed to increase electricity tariffs at an...

Water scarcity could increase ratings pressure on mining companies – Moody’s

WATER

Ratings agency Moody’s Investor Service on Thursday warned that environmental factors, such as water scarcity, could adversely impact on the ratings of global mining companies if they failed to...

Nersa outlines schedule for what will be highly contested Eskom hearings

ELECTRICITY PRICES

The National Energy Regulator of South Africa (Nersa) has announced the dates and venues for the upcoming public hearings on Eskom’s application for the third multiyear price determination...

SA: Statement by Eskom, South African electricity public utility, reports on its interim results for the six months ending September 2012 (20/11/2012)

STATEMENT

Eskom has continued its progress towards financial sustainability, reporting another sound set of interim financial results. This is the third time Eskom has released interim results, a practice it...

SA: Statement by the European Investment Bank, long-term lending institution of the European Union, South Africa’s first solar tower project (07/11/2012)

STATEMENT

The European Investment Bank, Europe’s long-term lending institution, has agreed to provide EUR 50m for the Khi Solar One Project. This is the first large concentrated solar power project in...

SA’s power prices approaching affordability ‘tipping point’

ELECTRICITY PRICES

South Africa’s electricity prices, which have more or less doubled from an average real level of 25c/kWh in 2008 to the current level of 50 c/kWh, were approaching an affordability “tipping...

SA’s power intensive firms call for price-path moderation

ELECTRICITY

South Africa’s Energy Intensive User Group (EIUG) reported on Friday that it had initiated an industry-wide impact assessment of the country’s fast-rising electricity price path, which it said...

Taxing Dilemma

REAL ECONOMY: CARBON TAXES

National Treasury is planning to finalise its thinking on the possible imposition of a carbon tax later this year. It has requested input from stakeholders and has received something like 80...

Cosatu: Statement by Zwelimzima Vavi, Congress of South African Trade Unions secretary general, on Section 77 Notice on increasing electricity tariffs (01/04/2010)

Statements

In November 2009 Eskom applied to NERSA for a 35% electricity tariff increase for the 3-year period ending 2013. The Congress of South African Trade Unions (COSATU) notes that NERSA subsequently...

SA seeks to make virtue of necessity with green-industries plan

GREEN ECONOMY

The South African government has given strong signals that the country's energy intensity is no longer sustain-able and has started to outline its low-carbon-economy vision.

Nersa to probe Eskom’s primary energy costs

ELECTRICITY

The National Energy Regulator of South Africa (Nersa) would conduct an investigation into Eskom's primary energy costs, and specifically the cost of coal, to establish the "prudence of the costs",...

Interim tariff hike to allow Eskom time to deal with funding shortfall – CEO

Multimedia

The 34% interim electricity tariff increase submitted by Eskom would ensure that the power utility could guarantee the security of electricity supply, while it finalised its funding model by the...

Interim tariff hike to allow Eskom time to deal with funding shortfall – CEO

ELECTRICITY TARIFFS

The 34% interim electricity tariff increase submitted by Eskom would ensure that the power utility could guarantee the security of electricity supply, while it finalised its funding model by the...

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