Restructuring Report: Eskom ‘Fundamentally Insolvent, Permanently Impaired’

Credit to Author: Sonal Patel| Date: Thu, 24 Oct 2019 14:32:17 +0000

The post Restructuring Report: Eskom ‘Fundamentally Insolvent, Permanently Impaired’ appeared first on POWER Magazine.

Eskom, South Africa’s state-owned utility that produces nearly 90% of the African powerhouse’s electricity, is saddled with liabilities, unavoidable expenses, and stranded costs that exceed $113 billion, and for various reasons, it is “fundamentally insolvent, permanently impaired, and will never be a true going concern enterprise under its current legal, operational, and governance structure,” concludes […]

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Financially Flailing Eskom Scrambles to Complete Defect-Ridden Coal Plants

Credit to Author: Sonal Patel| Date: Thu, 17 Oct 2019 14:53:46 +0000

The post Financially Flailing Eskom Scrambles to Complete Defect-Ridden Coal Plants appeared first on POWER Magazine.

South Africa’s state-owned utility Eskom was forced to slash 2,000 MW on a rotational basis nationwide on Oct. 16 and Oct. 17. The newest round of power cuts—the first in nearly seven months—highlight the state-owned utility’s scramble to avert financial disaster stemming in part from the fast-tracked construction of two 4.8-GW coal-fired power plants: Medupi […]

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Will South Africa Build Electric Vehicles?

Credit to Author: David Zarembka| Date: Sat, 12 Oct 2019 21:30:05 +0000

Like Germany is to Europe, South Africa is the manufacturing powerhouse of sub-Saharan Africa. In particular, it has 8 automobile assembly plants. The companies are BMW, Ford, Isuzu, Mercedes-Benz, Nissan, Renault, Toyota, and Volkswagen. In 2018, South Africa produced 610,854 vehicles

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POWER Digest [June 2019]

Credit to Author: POWER| Date: Sat, 01 Jun 2019 00:00:00 +0000

Ansaldo Leads Research Initiative for Low-NOx High-Hydrogen Retrofit Solution. The Dutch government has awarded six partners—Ansaldo Thomassen, Delft University of Technology, OPRA Turbines, Vattenfall

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Improve Baghouse Performance with Custom Filtration Media

Credit to Author: POWER| Date: Fri, 01 Mar 2019 00:00:00 +0000

Dust collection plays a vital role for safe and efficient power plant operation. There are a number of dust collection options available to plant designers, and baghouses have gained wide acceptance. The

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THE BIG PICTURE: World’s Biggest Power Companies

Credit to Author: POWER| Date: Fri, 01 Feb 2019 05:00:41 +0000

In 2017, the 10 largest power companies, ranked by their installed generation capacity, owned 18% of total global installed capacity, while the next-largest 15 owned around 10%—meaning that the top 25 companies own nearly 30% of global installed power generation capacity, according to the International Energy Agency (IEA). Chinese companies account for more than one-eighth of global installed […]

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