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Nuclear

Photo of Terence Creamer
Eskom's diesel warnings start to bite
25th November 2022

Engineering News editor Terence Creamer talks about power utility Eskom's decision to halt further diesel purchases for the remainder of its financial year to March 31, 2023; the impact of that... 


Graphic showing coal capacity factors and loadsheddingCoal capacity factors and loadshedding
Opinion: Koeberg life extension could flip switch on half a trillion rands of economic damage
24th November 2022

In this opinion article, energy analyst and commentator Clyde Mallinson warns that, against the backdrop of persistent and erratic loadshedding, the economic cost of shutting the Koeberg nuclear... 


IAEA launches initiative highlighting nuclear power’s role in mitigating climate change
17th November 2022 By: Rebecca Campbell

The International Atomic Energy Agency (IAEA), an autonomous specialised agency of the United Nations, has launched a new initiative to help countries understand the role nuclear energy can play in... 


South African experts developing an SMR optimised for African conditions
15th November 2022 By: Rebecca Campbell

South Africa had an indigenous design for a small modular nuclear reactor (SMR), a simplified derivative of the country’s State-funded Pebble Bed Modular Reactor (PBMR) project, highlighted nuclear... 


Coal is king, insists Mantashe - as Ramaphosa is feted for green plan in Egypt
11th November 2022 By: News24Wire

As world leaders fete President Cyril Ramaphosa for his green agenda in Egypt, his minister of mineral resources and energy insisted this week that coal will continue to play a critical part in... 


NNR highlights the transparency of its recent nuclear emergency exercise in Cape Town
10th November 2022 By: Rebecca Campbell

The National Nuclear Regulator (NNR) issued a press release on Thursday, highlighting the wide range of stakeholders who observed the full-scale nuclear emergency exercise at the Koeberg nuclear... 


Global nuclear agency highlights its role in helping Africa adapt to climate change
10th November 2022 By: Rebecca Campbell

With the COP27 United Nations (UN) Climate Conference under way in Sharm El Sheikh, Egypt, the International Atomic Energy Agency (IAEA) on Wednesday released a report on how nuclear technologies... 


Presidential Climate Finance Task Team head Daniel Mminele
Mminele outlines Just Energy Transition Investment Plan implementation vision
10th November 2022 By: Terence Creamer

The International Partners Group (IPG) of France, Germany, the UK, the US and the EU jointly endorsed South Africa’s Just Energy Transition Investment Plan (JET-IP) during the World Leaders Summit... 


Projections for global temperature increase by 2100 above preindustrial levels based on targets and announcements from COP27.
Climate projections again point to dangerous 2.7 °C rise by 2100
10th November 2022 By: Bloomberg

The research partnership Climate Action Tracker (CAT) on Thursday released its latest projections of how greenhouse gas emissions may dangerously raise the global average temperature. The result is... 


IAEA says Morocco’s nuclear emergency response capability is solid; suggests refinements
7th November 2022 By: Rebecca Campbell

An expert review team of the International Atomic Energy Agency (IAEA) has reported that Morocco has considerable capability regarding its emergency response and preparedness (EPR) for nuclear... 


Approval given for the construction of Egypt’s second nuclear reactor
2nd November 2022 By: Rebecca Campbell

Approval, in principle, for the construction of the second nuclear reactor (‘unit 2’) of Egypt’s El Dabaa nuclear power plant (NPP), has been granted by the Egyptian Nuclear and Radiological... 


Moody’s boosts Eskom’s ratings outlook to positive after budget
1st November 2022 By: Bloomberg

Moody’s Investors Service improved its outlook on Eskom Holdings’s debt ratings to positive after South African Finance Minister Enoch Godongwana announced last week the government could take over... 


Ghana’s nuclear energy ambitions to be supported by the US and Japan
31st October 2022 By: Rebecca Campbell

The West African country of Ghana is set to be the first beneficiary of a new joint US-Japan civil nuclear cooperation agreement, established last week, named ‘Winning an Edge Through Cooperation... 


Finance Minister Enoch Godongwana
Higher revenue collections support consolidation as growth headwinds strengthen
26th October 2022 By: Terence Creamer

Better-than-expected revenue collection enabled Finance Minister Enoch Godongwana to report an improvement in government’s fiscal position relative to the one forecast in the February Budget.... 


A photo taken at Eskom's Megawatt Park
Details of Eskom debt relief to be unveiled in Feb as loadshedding crimps growth outlook
26th October 2022 By: Terence Creamer

Finance Minister Enoch Godongwana has confirmed that government will take over between one-third and two-thirds of Eskom’s R400-billion debt, as intense loadshedding, which government expects to... 


Eskom debt plan in focus at South Africa's mid-term budget
25th October 2022 By: Reuters

South Africa's finance minister is expected to announce a plan to take on part of power utility Eskom's mammoth debt in a mid-term budget on Wednesday, although analysts say the legally complex... 


Mineral Resources and Energy Minister Gwede Mantashe
Coal can ‘reinvent itself’, CGS must play role in the energy transition – Mantashe 
25th October 2022 By: Nadine James

During his keynote address at the Council for Geoscience (CGS) Summit, held at the Durban International Convention Centre from October 25 to 27, Minerals and Energy Minister Gwede Mantashe... 


Rand takes big hit as investors worry about Godongwana speech, Beijing developments
25th October 2022 By: News24Wire

On Tuesday morning, the rand approached R18.50/$ - trading at levels last seen in early 2020 as the country digested the implications of the first hard Covid-19 lockdown. The currency is under... 


A photo of the Koeberg power station
IAEA report on extending the life of the Koeberg nuclear plant lists issues to be addressed
24th October 2022 By: Rebecca Campbell

As a result of a Promotion of Access to Information Act application by the Democratic Alliance (the official opposition in the South African Parliament but the ruling party in the Western Cape... 


A photo of uranium
America's new nuclear power industry has a Russian problem
20th October 2022 By: Reuters

US firms developing a new generation of small nuclear power plants to help cut carbon emissions have a big problem: only one company sells the fuel they need, and it's Russian. That's why the US... 


Eskom lenders hire PwC as power cuts grip South African utility
19th October 2022 By: Bloomberg

Lenders to Eskom Holdings have hired financial advisers as South Africa’s State-owned power utility restructures its business. The banks asked consultants at PwC to assist them with negotiations,... 


Mantashe restates his positions on energy at conference, but highlights nuclear
18th October 2022 By: Rebecca Campbell

Mineral Resources and Energy Minister Gwede Mantashe delivered his third keynote address to his third international energy conference in Cape Town, in as many weeks, on Tuesday. This time it was to... 


Necsa CEO Loyiso Tyabashe
Necsa reports much reduced losses and that it is achieving turnaround
18th October 2022 By: Rebecca Campbell

The South African Nuclear Energy Corporation (Necsa) was successfully turning itself around, the State-owned entity’s CEO, Loyiso Tyabashe, has told Parliament’s Portfolio Committee on Mineral... 


Africa needs to use all its energy sources to develop, says AU Commissioner
5th October 2022 By: Rebecca Campbell

Africa must make use of all its energy resources, as it needs to achieve development. So affirmed African Union (AU) Commissioner for Infrastructure and Energy Amani Abou-Zeid in her keynote... 


Mantashe unexpectedly addresses oil conference on Monday
3rd October 2022 By: Rebecca Campbell

Although not programmed to do so, South African Mineral Resources and Energy Minister Gwede Mantashe addressed the Ministerial and VIP Symposium of the Africa Oil Week conference and Green Energy... 


A photo of Eskom's logo
EIUG, SAPVIA, Busa welcome appointment of new Eskom board with balanced skills
3rd October 2022 By: Schalk Burger

Industry nonprofit the Energy Intensive Users Group (EIUG) welcomes the "overdue reconstitution of the Eskom board" and says "the new board seems complete and well balanced in terms of its skills... 


Sacci calls for independent commission to select, recruit SOE board members, CEOs
29th September 2022 By: Schalk Burger

Business organisation the South African Chamber of Commerce and Industry (Sacci) says changes to power utility Eskom's board of directors should take place within normal rotation principles in line... 


The Koeberg nuclear power station
R20bn Koeberg life-extension cost estimate of 2010 now ‘significantly different’
27th September 2022 By: Terence Creamer

Eskom has confirmed that the change to the schedule for replacing the six steam generators at the Koeberg nuclear power station, will have an impact on the cost of the life-extension project, which... 


Public Enterprises Minister Pravin Gordhan
Eskom board to be reconstituted, restructured
27th September 2022 By: Darren Parker

Public Enterprises Minister Pravin Gordhan has announced that, following the finalisation of an extensive review, the board of State-owned Eskom would soon be reconstituted and restructured.... 


IEA launches Cost of Capital Observatory to improve borrowing costs transparency
23rd September 2022 By: Schalk Burger

Intergovernmental organisation the International Energy Agency (IEA) and several partners have launched a new tool, the Cost of Capital Observatory, to track financing costs for energy projects... 


eThekwini has R324bn plan to end power cuts
20th September 2022 By: Bloomberg

The South African municipality that includes the Port city of Durban, eThekwini, has laid out plans to attract R324-billion in power plant investments by 2035 amid the country’s worst-ever... 


Photo of a person working on a laptop
Eskom invites experts to join skills crowdsourcing platform
16th September 2022 By: Schalk Burger

State-owned power utility Eskom is developing a crowdsourcing digital platform to allow it to supplement its existing skills base to help address its operational challenges. It has invited... 


Eskom restarts sale process for R9bn home-loan book
9th September 2022 By: Bloomberg

South Africa’s indebted power utility Eskom Holdings restarted the sale of its mortgage unit, one of many measures the utility is taking to stabilise its finances. Eskom “commenced with a process”... 


Ghana upgrades status of its nuclear power programme
5th September 2022 By: Rebecca Campbell

The President of Ghana, Nana Akufo-Addo, has ordered that the Ghana Nuclear Power Programme Organisation (GNPPO) be transferred from the Ministry of Energy to the Office of the President, “World... 


Minerals Resource and Energy Minister Gwede Mantashe
A plan for a new State power company takes shape in South Africa
31st August 2022 By: Bloomberg

South Africa is forging ahead with a plan to create a new State-owned power company by converting three coal-fired plants into gas-burning generators to ease the nation’s energy crisis. State power... 


Korean company wins major contract for Egyptian nuclear power plant
29th August 2022 By: Rebecca Campbell

South Korean company Korea Hydro and Nuclear Power (KHNP) will construct the ‘turbine islands’ for Egypt’s first nuclear power plant (NPP), at El Dabaa, on the country’s Mediterranean coast, some... 


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