Load shedding in South Africa increased by 38% in 2021 with more than 2,400 gigawatt hours (GWhs) shed, says professional services firm PwC. This is the equivalent of an estimated...
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Just this week the country hosted the Africa Energy Indaba to thrash out what the future of energy on the continent should look like. CEO of iKapa Energy Craig Morkel recently penned a thought-provoking opinion in which he laments how African governments lack the funding and finances required to make…
Minister Gwede Mantashe has a vision for South Africa’s future — one powered by trillions of cubic feet of gas extracted from our oceans and from beneath the Karoo. On...
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On 29th November 2021, Bastion Oil and Gas South Africa (Pty) Ltd (“Bastion”) executed three (3) technical cooperation permits (“TCPs”). These TCPs secure Bastion’s access to potentially high value gas bearing areas and grant Bastion exclusivity to apply for exploration rights. All these TCP areas are in close proximity to…
Renewable energy company Renergen has reported promising results after drilling at the Virginia Gas Project, with the group reportedly discovering a significant deposit of natural gases. The Virginia Gas Project...
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Eskom says there are opportunities for private investors to partner with the utility to improve energy security. The utility is looking at various option of repurposing its old coal plants,...
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State-owned electricity producer Eskom has identified a pipeline of ‘just energy transition’ projects valued at about R400-billion that it will seek to fund using concessional finance raised from international financiers...
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The State-owned Industrial Development Corporation (IDC) is aiming to convert a significant portion of a R24-billion investment pipeline into commitments following a steep fall in both approvals and disbursements during...
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Mining companies in South Africa are considering spending as much as R40 billion to construct 2,000 megawatts of power generation capacity, said Roger Baxter, chief executive officer of Minerals Council...
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Gas will be required to provide power on a flexible basis as the energy generation system transitions to renewables, but Eskom is open to cleaner alternatives, says an executive. Eskom's...
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